Category: Nigerian Tribune

Toncoin (TON) is under heavy pressure after sliding to $2.82, breaking below the key $2.90 support. Meanwhile, Stellar (XLM) is showing more resilience, holding near $0.386 with neutral momentum as traders track a potential breakout toward $0.50 if support around $0.36 holds.

While these tokens fight to stabilize, BlockDAG (BDAG) is stealing the spotlight. The project’s presale has already raised nearly $415M, sold 26.5B coins, and locked a batch 30 price of $0.0013, far below its confirmed $0.05 listing. Backed by a headline BWT Alpine Formula 1® Team partnership, BlockDAG is rewriting the emerging crypto coins with record-breaking momentum and viral investor demand.

TON Slides Below $2.90 as Sellers Target Deeper Losses

Toncoin has broken below the critical $2.90 support, falling to $2.82 with a sharp 7.9% daily loss. Multiple failed attempts to hold the $3.16 resistance opened the door for bears to take control, leaving traders focused on the next key levels. Immediate resistance now sits at $3.00, while the next major support zone is between $2.60 and $2.70.

Market weakness and risk-off sentiment are adding pressure, pushing traders to exit high-volatility assets. Toncoin’s recent adoption news offers little protection as technical indicators signal more downside. A recovery above $3.00 is needed to shift momentum back to the bulls. Without it, sellers are likely to extend losses toward the $2.60 floor, making this a high-risk but potential buy zone for investors.

XLM Slips Below $0.39 but Traders See a Path to $0.50

Stellar (XLM) is trading near $0.386, down about 2.3% this week. Market cap sits at roughly $12.3 billion, with daily trading volume dropping to $150 million, signalling reduced activity. Technical charts show strong support between $0.36 and $0.37, while resistance remains near $0.45. If buyers defend these levels, analysts see a potential move toward the critical $0.50 mark.

The Relative Strength Index hovers around 50, showing a neutral market where neither bulls nor bears dominate. A clean breakout above $0.45 could spark renewed momentum, while failure to hold $0.36 may trigger a slide toward $0.30. Investors tracking mid-cap crypto trends may view this range as an opportunity to accumulate ahead of a push toward $0.50.

BlockDAG’s $415M Presale Explodes With BWT Alpine Formula 1® Team Deal

BlockDAG is turning into a market event as its BWT Alpine Formula 1® Team partnership floods X, Telegram, and Discord with nonstop buzz. The project’s presale has nearly raised $415 million, sold 26.5 billion coins, and locked a Batch 30 price of $0.0013, creating one of the most watched early-stage crypto launches of 2025. This isn’t a quiet presale anymore, BlockDAG is now trending across social channels, and that visibility is driving a new wave of retail buying.

The hype isn’t just noise. Whales have already pooled more than $10 million, signalling institutional-scale interest before the official launch. With each batch pushing the price higher, traders are rushing to lock in the current rate before the gap to the confirmed $0.05 listing price narrows further.

This viral momentum is reshaping investor psychology. BlockDAG’s presale is no longer about speculation but about securing entry before October’s next price move. The combination of hard adoption numbers and a global BWT Alpine Formula 1® Team partnership gives this project a rare mix of credibility and excitement. At $0.0013, the window for an early position is shrinking by the day.

Final Take

Toncoin’s recent price crash signals growing uncertainty, while Stellar’s steady climb remains tied to cautious accumulation and key technical levels. Both offer trading setups but lack a defining catalyst strong enough to pull capital away from safer market trends.

BlockDAG, on the other hand, is building an entirely different story. Its nearly $415M presale, confirmed $0.05 listing target, and viral BWT Alpine Formula 1® Team partnership give it the kind of institutional credibility rarely seen in early crypto launches. With each batch pushing prices higher, the current $0.0013 entry stands out as one of the most asymmetric opportunities in emerging crypto coins analysis. For investors, BlockDAG offers a chance to buy into momentum before it turns into the next headline rally.

The Governor of Kogi State, Alhaji Ahmed Ododo has released the sum of N1. 5 billion as bursary awards for students of tertiary institutions for the 2025/26 academic session.

With the bursary, successful students will be paid the sum of #30,000 each while law students across the seven Law schools across the country will be paid N300,000.

The Commissioner for Education, Science and Technology, Wemi Jones while unveiling the portal for the commencement of registration process for the 2025 bursary allowance at press conference in Lokoja, declared the exercise open said the bursary was meant for indigenes of the state in tertiary institutions across the country.

He disclosed that the registration portal will be opened to students as from September 29 and will close on October 31, 2025 and urged eligible students to register via the official website https://scholarshipboard.kogistate.gov.ng

While urging students to take advantage of what he described as an improved and transparent registration process,the commissioner reaffirmed governor Ahmed Usman Ododo’s commitment to making Kogi State a positive reference point for educational development in Nigeria.

He noted that this year’s exercise, described as ‘Season Two’ of the bursary scheme, was designed to consolidate on the successes recorded during the previous phase.

‘His Excellency, Governor Ododo, is determined to build on the foundation already laid to ensure more students benefit from this bursary award.

‘We expect the number of beneficiaries to surpass that of last year, and I assure you that the funds are already set aside for disbursement,’ Jones said.

Earlier, the Executive Chairman of the Kogi State Scholarship Board, Afolabi Joseph-Raji, praised governor Ododo for setting aside the sum of N1.5 billion for the scholarship scheme saying no fewer than 8,750 students benefited from the bursary in first phase where students of higher institutions who are of Kogi State origin received ?30,000 and those in law school got ?300,000 respectively.

He commended Governor Ododo for revitalizing the bursary process and ensuring it is now more accessible to students.

‘Unlike last year where students had to undergo pre-qualification, this year’s registration is straightforward. Students simply need to visit the portal, create an account, and upload the required documents and information.

‘Over 44,000 students registered last year but only 11,000 uploaded their documents for verification, out of the 11,000, only 8,750 qualified for the bursary. So, it is not enough to just register, you have to upload some required documents too.

‘As an improvement, the board has made the process more direct whereby submission of required documents like admission letter, school identity card and other information are done before registration is completed,’ Afolabi explained.

Two of the students who benefited from the bursary award last year testified to how the money helped them to solve some of their academic challenges.

Responding the President of NAKOSS, Comrade Sunday Adeola, commended Governor Ododo for sustaining and expanding the bursary initiative and promised that the students’ body will carry out a wide sensitization exercise across all tertiary institutions in the state to inform the students to register for the bursary award.