In July, there is an increasing interest in several projects in the crypto market. Arbitrum, Toncoin, and BlockDAG are showing different forecasts and price dynamics.
Arbitrum (ARB) Price Prediction
Predictions for Arbitrum (ARB) indicate a potential trend reversal after a long decline. The current price dynamics are approaching a key resistance level, and a breakout above $0.40 is possible. If this level is breached, further growth to $0.55 and $0.70, as well as to a target of $1.00, may occur.
Toncoin (TON) Price Forecast
The forecast for Toncoin (TON) remains uncertain. The current price fluctuates around $3, which is lower than its peak of $6. Despite short-term positivity, the overall trend continues to be bearish. An increase in total value locked in DeFi to $150 million indicates stable usage. Potential growth may occur if future partnerships with Telegram’s xAI are confirmed.
Growing Interest in BlockDAG
BlockDAG is becoming increasingly popular, significantly due to its X1 mining app, which is now used by over 2 million users. The simplicity and convenience of the app make it appealing to a wide audience. During its presale, the project raised $338.5 million, indicating high demand leading up to its market launch.
Based on current trends, Arbitrum may exhibit aggressive growth if a successful breakout occurs, while Toncoin remains in wait for new factors, and BlockDAG continues to gain popularity through accessible mining.