Binance Coin Drops 15% Amid Bearish Signals, BlockDAG Surges With 2 Million Miners

This week has been challenging for Binance, as evidenced by the significant drop in the Binance Coin (BNB) price. The price of BNB fell from $697.55 on May 27 to nearly $600, despite an 8% rise in stablecoin transactions, which now exceed $749 billion on the Binance Smart Chain (BSC). The price chart indicates a deeper fall, as it broke main support and formed a head-and-shoulders pattern. The Relative Strength Index (RSI) and Stochastic Oscillator readings show that sellers are still in control, with support potentially holding near $500. However, a longer-term recovery remains possible.

Meanwhile, the Near Protocol (NEAR) price momentum has weakened, with the token dropping to $1.89, a 15% weekly decline. Despite a sudden 90% rise in trading volumes, the bearish mood remains strong. All major Exponential Moving Averages (EMAs) are pointing down, suggesting that weakness may continue. Resistance is mild near $2.15, while $1.98 support is closely watched as a possible breakdown mark. Without strong triggers, the Near Protocol (NEAR) price momentum remains firmly weak, although some traders are betting on quick rebounds. Unless the overall market lifts, downside pressure may keep rising.

In contrast, BlockDAG is experiencing massive growth by making mining accessible on phones. More than 2 million people now use its app for mining, and 18,200 hardware miners have been sold, making BlockDAG stand out among popular crypto coins for its easy mining setup. The X1 Miner App has over two million users mining BDAG on their phones, and the X-Series miners have been sold out, proving strong demand for both phone and hardware mining. The miner range offers options for all types of users, from the X10 for beginners to the X30 and X100 for higher daily BDAG returns. The next shipments are set for July 7 for X30 and X100, and August 15 for X10. These devices can mine up to 600 and 2,000 BDAG per day, respectively, and focus on performance while staying quiet and compact. Rising sales show users want easy ways to scale mining without problems.

BlockDAG’s coin is also gaining attention. Early buyers have already seen 2,660% growth in their funds since batch 1, with prices rising from $0.001 to $0.0276. Currently, the coin is priced at $0.0080 as a limited-time offer, drawing interest from those hunting early gains. A total of 23.3 billion coins have been sold, with presale funding over $324 million toward the $600 million aim. As more miners join and devices ship out, BlockDAG is getting compared with other popular crypto coins, and talks of a $10 future price keep circulating, keeping its spotlight strong.

In summary, the recent weakness in the Binance Coin (BNB) price chart signals caution, with sellers still strong. The Near Protocol (NEAR) price momentum remains downbeat, with no clear lift seen. Both may need strong triggers for recovery. On the other hand, BlockDAG moves ahead with over 2 million miners, 18,200 devices sold, and its coin at just $0.0080 as a limited-time offer. With more devices coming and growing use, BlockDAG is shaping up as more than just another name; it is among the top popular crypto coins to track before prices climb and the window closes.