TON rises 38%, AVAX rebounds, and BlockDAG reports $374M raised in token sale

Sponsored Content
Table of Contents

SPONSORED: This content is a sponsored post provided by a third party. While Crypto Economy has reviewed and adapted this content for clarity and neutrality, it does not represent the editorial opinion of this site and we maintain no commercial or investment relationship with the promoted projects.

Crypto Economy does not provide investment advice. Readers are encouraged to conduct their own independent research before making any financial decisions.

Crypto markets have posted sharp moves this week, and three projects have drawn attention for different reasons. Toncoin (TON) rose 38% alongside Telegram-linked ecosystem activity, Avalanche (AVAX) has rebounded following a DeFi-driven recovery, and BlockDAG (BDAG) has continued to publicize an ongoing token sale.

Evaluating these moves goes beyond following short-term price action. AVAX is showing technical levels that some traders monitor, and TON’s ecosystem continues to add new applications tied to Telegram’s broader user base.

BDAG, meanwhile, is in an early-stage fundraising phase ahead of a planned launch. The project reports significant demand so far, though outcomes for early-stage tokens remain uncertain and can be highly volatile.

TON Technical Analysis: Resistance at $3.75 Approaches

Toncoin has climbed 38% this month, alongside a $9.5 million funding round for STON.fi, a decentralized exchange in the TON ecosystem, and Telegram-integrated crypto projects that aim to expand real-world use cases. The token was around $3.38 at the time of writing with an RSI of 54.65, which some analysts interpret as neither overbought nor oversold.

TON is trading above its 7-day, 20-day, and 200-day SMAs, which is typically read as a longer-term uptrend. Immediate resistance is cited around $3.75; if the market moves above that level, some traders will watch higher areas such as $4.50 to $5.00 as possible resistance zones. Technical indicators are not predictive and can change quickly with market conditions.

AVAX Technical Analysis: DeFi Activity and Key Levels

Avalanche has rebounded after a bearish double-top breakdown earlier in the month. Around $24.07 at the time of writing, it was up 3.97% over the past 24 hours, alongside reported growth in DeFi activity and total value locked across its network.

The token trades above its 7-day SMA of $22.84 and 200-day SMA of $22.08, which some market participants view as supportive for trend continuation. It remains close to the 20-day SMA of $23.58, a level that can act as resistance or support depending on price action. Traders commonly watch resistance near $27.38 and support near $20.57 when assessing near-term market structure, though these levels do not guarantee future moves.

BlockDAG: Project claims on technology, partnerships and token sale progress

BlockDAG (BDAG) has been promoted as a longer-term project narrative alongside TON and AVAX’s recent price action. According to the project, its token sale has raised $374 million with 25.2 billion coins sold, priced at $0.0276 in “Batch 29.” The team has also stated a planned launch price of $0.05, but future market pricing and liquidity after listing are uncertain and can differ materially from project targets.

Project materials describe a hybrid architecture combining elements of blockchain and DAG design, with the goal of improving transaction throughput and scalability. The team also claims full EVM compatibility for migrating Ethereum-based dApps, and references a low-code smart contract builder intended to simplify deployment for users with limited technical experience.

Outside the technical framework, BlockDAG says it has partnered with the Seattle Seawolves in Major League Rugby and the Seattle Orcas in Major League Cricket, with plans that may include NFTs, fan tokens, and other Web3 features for sports audiences.

The project has also said it is pursuing exchange listings. As with other early-stage crypto assets, listing timelines and trading conditions can change, and there is no assurance of price performance after launch.

Final Thoughts

Toncoin’s Telegram-linked ecosystem developments and recent rise, along with Avalanche’s DeFi-related rebound, reflect how quickly sentiment can shift across large-cap networks. Technical indicators and ecosystem metrics can be useful context, but they are not guarantees of future performance.

BlockDAG’s fundraising figures and product roadmap are based largely on project-provided information and should be evaluated accordingly. Readers should consider the limited track record and elevated risks typically associated with early-stage token sales, including liquidity, disclosure, and execution risk.

Website (project link for reference): https://blockdag.network

Telegram (project link for reference): https://t.me/blockDAGnetworkOfficial


This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.

RELATED POSTS

Ads

Follow us on Social Networks

Crypto Tutorials

Crypto Reviews