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Cryptocurrency News Articles

When whales move, markets react — and lately, Toncoin and PEPE holders are feeling the weight of it.

Apr 16, 2025 at 01:00 am

Unlike Toncoin, which saw a sharp 32% drop, or PEPE, grappling with a 70% plunge since January, BlockDAG is drawing attention for its early airdrop strategy and presale momentum.

When whales move, markets react — and lately, Toncoin and PEPE holders are feeling the weight of it.

As whales move, markets react — and lately, Toncoin and PEPE holders are feeling the weight of it. Both tokens face intensified selling pressure and bearish outlooks.

However, a different kind of buzz is growing around BlockDAG. Unlike Toncoin, which saw a sharp 32% drop, or PEPE, grappling with a 70% plunge since January, BlockDAG is drawing attention for its early airdrop strategy and presale momentum.

With over $214 million raised and 2,380% ROI since batch one, BlockDAG’s structured rollout and reward mechanisms are resonating with proactive users. This shift highlights a broader contrast in sentiment across today’s top trending crypto projects.

Toncoin’s Sudden Downturn: A Cautionary Tale for Investors

Toncoin (TON) recently experienced a sharp decline, with its value plummeting by 32% over five days.

This downturn followed a period of optimism when the token surpassed the $3.95 resistance level in late March. However, increased activity among large holders, known as whales, signaled a potential sell-off.

In particular, the Spent Output Profit Ratio (SOPR) dipped below 1, indicating that many investors were selling at a loss. Moreover, the HODLer Net Position Change metric revealed a shift from accumulation to distribution, suggesting that long-term holders were offloading their tokens.

Taken together, these factors combined to create a bearish outlook for Toncoin, underscoring the importance for investors to monitor on-chain metrics and whale activities closely.

PEPE Coin Faces Pressure As Whale Sell-Off Sparks Bearish Outlook

PEPE Coin is under pressure as whales offloaded over 1 trillion tokens, amounting to nearly $7 million, within a 24-hour period.

One particular transaction saw a single whale exchange 723.67 billion PEPE for 4.63 million DAI. Additionally, major players like Cumberland and B2C2 are actively moving billions of PEPE to exchanges.

Cumberland sold 250 billion PEPE for 1.5 million Tether on Binance, while B2C2 exchanged 344.7 billion PEPE for 2.1 million Tether on Bitstamp. Moreover, Alameda Research offloaded 100 billion PEPE for 604,000 Tether on Binance.

Furthermore, large batches of PEPE tokens are being integrated into platforms like Robinhood and Binance. For instance, about 238 billion PEPE were credited to Robinhood user wallets, and 139 billion PEPE were deposited into Binance.

As a result of this massive sell-off activity, PEPE's price has plummeted by 70% since January, hitting a low of $0.000005814.

At present, technical indicators show the coin trading below its 50-day and 200-day moving averages, with no bullish divergence in sight.

The Relative Strength Index (RSI) also suggests continued downward momentum, and the formation of a descending resistance line since mid-March reinforces a ceiling near $0.02.

Given all these factors, the PEPE price prediction leans bearish, with the potential for the coin to fall below the critical $0.000005 support level.

Golden Ticket Unlocked: BlockDAG’s Early Airdrop Strategy Rewards Action-Takers

BlockDAG’s latest promo, BDAG1200, is flipping the script on traditional token launches. Tailored for new users only, it unlocks a massive 600% bonus on presale token purchases — essentially multiplying your buying power by six.

Plus, eligible participants also receive an early airdrop, gaining access to BDAG tokens before the wider crypto community.

Importantly, this early distribution model isn’t just about hype; it’s about rewarding community loyalty and building momentum from the inside out.

To date, BlockDAG’s presale has already raised a staggering $214 million, with over 19.2 billion coins sold. Now, in batch 27 at $0.0248 per token, early buyers from batch 1 have seen returns spike by 2,380%.

At the same time, BlockDAG is doubling down on transparency with an upcoming AMA on April 17th, where updates like testnet outcomes and global scaling plans could be on the agenda.

Meanwhile, the first-ever BlockDAG Global Convention is launching a worldwide roadshow, bringing the project face-to-face with its growing user base.

Through strategic engagement tactics like early airdrops and in-person events, BlockDAG is positioning itself as a top trending crypto by giving real value to its most proactive supporters.

Whales, Wallets, and What Comes Next?

While Toncoin and PEPE

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