Altcoins Under $1 Surge on Key Developments: BlockDAG Presale, DOGE Volatility, HBAR Listing, XLM Upgrades

The cryptocurrency market continues to spotlight altcoins trading under $1, with BlockDAG, Dogecoin (DOGE), Hedera (HBAR), and Stellar (XLM) emerging as focal points due to recent developments and investor activity. These projects are drawing attention not only for their low entry points but also for tangible progress in infrastructure, listings, and market dynamics [1].

BlockDAG, currently priced at $0.0016, is generating significant buzz ahead of its full launch on August 11. The project has raised over $353 million in its presale, selling 24.3 billion tokens, and offers early buyers a projected 3,025% gain if its listing price reaches $0.05. The project’s X1 mobile mining app has attracted 2.5 million users, while the X10 miner demo and a functional testnet with EVM compatibility underscore its operational maturity. With no lockups and liquidity tools in place, BlockDAG stands out as a presale with active development and scalable infrastructure [1].

Dogecoin (DOGE) experienced an 11% decline this week, trading at $0.2358, following large institutional sales of over 2.26 billion tokens. Despite the dip, analysts suggest DOGE could rebound to $0.33 in 2024 and potentially reach $0.75 by 2030 if retail demand resurges. The coin’s historical volatility and meme-driven appeal keep it relevant among traders seeking high-momentum assets [1].

Hedera (HBAR) surged to $0.29 after a July 25 listing on Robinhood and a mainnet upgrade, driven by retail investor activity. Trading volume exceeded $700 million, and the coin has more than doubled from $0.15 earlier this month. While a breakout above $0.47 could push HBAR toward $1, analysts caution that resistance levels may trigger a pullback to $0.21–$0.23 if momentum stalls [1].

Stellar (XLM) has gained over 100% since early July, trading between $0.44 and $0.47 following the launch of Protocol 23. Institutional buying of 400 million XLM and developer interest in the platform’s upgrades have fueled the rally. However, technical indicators show signs of exhaustion, with key support at $0.44. A close above $0.52 could drive XLM toward its 2021 highs, though sustained momentum remains critical [1].

The four projects highlight divergent strategies for growth. BlockDAG combines presale accessibility with real-world infrastructure, DOGE leverages its meme-driven liquidity, HBAR capitalizes on retail access via Robinhood, and XLM benefits from protocol-level upgrades. Notably, BlockDAG’s presale model—offering immediate liquidity and functional tools—sets it apart in a market often skeptical of speculative low-cap projects [1].

Source: [1] [Top Altcoins under $1: BlockDAG, DOGE, HBAR, and XLM Are Heating Up] [https://coinmarketcap.com/community/articles/68863439f196495074ef7a87/]