APT Struggles Below $5.69 as BlockDAG Surpasses $359M in Presale

APT, ENA, and BlockDAG are currently experiencing contrasting trends in the cryptocurrency market. While APT remains in a bearish phase and ENA shows signs of a potential breakout, BlockDAG’s presale has surged past $359 million amid strong investor interest driven by the return of its BEAT VESTING pass [1].

Aptos (APT) continues to attract attention with over $800 million in total value locked on its DeFi platform, yet the price has struggled to break through the $5.69 resistance level, hovering near $4.70. Technical indicators suggest a bearish pattern in the short term, with potential further declines if the price drops below $4.60. However, long-term forecasts remain optimistic, with some analysts predicting APT could reach $15.54 in 2025 and $155.97 by 2031 [1].

On the other hand, Ethena (ENA) appears to be gaining bullish momentum. Recent price signals show a potential reversal, with the $0.60 level transitioning from resistance to strong support. Analyst BATMAN has identified this as a key reentry point, anticipating a short-term dip followed by upward movement. If ENA sustains above $0.60 with increased volume, the next target range could be between $0.90 and $1.10 [1].

BlockDAG (BDAG) has emerged as a standout performer. The return of the BEAT VESTING pass has triggered a significant buying surge, with the presale now exceeding $359 million and more than 24.6 billion BDAG tokens sold. Investors are drawn to the unique vesting model, which allows full access to holdings on the launch day, a rare offering in the crypto space. The current presale price of $0.0016 per BDAG, which remains in effect until August 11, provides an early-mover advantage, with the listing price fixed at $0.05. Analysts estimate a potential 3,025% return at launch, with further long-term gains expected [1].

The upcoming listing on 20 major exchanges, including MEXC and BitMart, is anticipated to boost liquidity and visibility. With the BEAT VESTING pass closing on August 4, demand is intensifying. The project aims for a full-scale launch on August 11, with a projected price of $1 and a long-term goal of $20 by 2027 [1].

While APT and ENA remain in a holding pattern, BlockDAG is demonstrating strong growth and investor confidence. The combination of a fixed listing price, early access incentives, and a clear roadmap positions BDAG as a compelling option for those seeking high-potential opportunities in the current market environment [1].

Source: [1] APT Drops, ENA Turns Bullish, & BlockDAG Hits $359M (https://coinmarketcap.com/community/articles/688dfec1333b8b19902b7a3e/)