The cryptocurrency market continues to show significant activity with various projects, including Toncoin, Hyperliquid and BlockDAG, which are in the spotlight for analysts.
BlockDAG's Strategy Before Token2049
BlockDAG presented its strategy with the launch of a 2049% bonus program ahead of the Token2049 event in Singapore. This decision attracted attention to the project, setting it apart from competitors that used more traditional approaches such as handing out brochures. This move allowed BlockDAG to quickly capture interest and increase wallet activity, fostering momentum at the event.
Toncoin's Outlook for 2025
Currently, Toncoin is trading around $3.12, with trading volumes increasing to $209 million. Analysts expect Toncoin to test the support level of $3.25, which could serve as a launch point to the $3.57-$3.65 range. If interest remains, additional gains are possible. Forecasts for Toncoin in 2025 vary, predicting growth to $6.84, with more optimistic estimates reaching $11.34.
Technical Analysis of Hyperliquid
Hyperliquid is currently trading near $45.54. Despite a small daily dip of 0.68%, the asset shows solid growth of 8% over the week. Analysis indicates that the support level at the 38.2% Fibonacci retracement ($44.21) will be critical, and if it dips below $42.57, a retreat towards $35.42 is possible. Meanwhile, the resistance level at $51 is key, as breaking it could lead to a price increase to $58.
With increasing market activity, BlockDAG implements innovative approaches, while Toncoin and Hyperliquid showcase their own trends and results. Continued attention from analysts and investors will be a determining factor for the future of these projects.
