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BlockDAG (BDAG) has sparked a buying frenzy ahead of the final phase of its presale, with early participants competing for a chance to win 10
. The token is currently priced at $0.0016, with all purchases made before August 11 automatically entering the auction pool. Allocation is based on volume, meaning larger buyers receive proportionally higher shares of the prize. The project has already raised over $365 million and sold 24.8 billion tokens. Following the presale deadline, the price is set to increase to $0.0276 and continue rising in batches until it reaches a confirmed listing price of $0.05 [1]. This represents a potential return of over 3,000% for early investors, reinforcing the urgency of the final phase [1].Meanwhile, Ethena (ENA) posted a 13% surge to $0.622 as traders anticipate its upcoming token unlock on August 6. The rally coincided with a 28% increase in trading volume and a 17.47% rise in Open Interest, indicating strong derivatives market participation [1]. On-chain data also showed a $4.63 million Buy-Sell
and consistent outflows from exchanges, suggesting accumulation despite the impending unlock. If the momentum continues, the token could test resistance levels between $0.68 and $0.70 in the near term [1].In contrast, PEPE has continued its downward trajectory, slipping to $0.00001042 with key support at $0.00001000 now in focus. The token has been forming lower highs, signaling increasing bearish pressure. With weak volume and little sign of a reversal, the price could break below this level and accelerate further downward. Resistance between $0.00001300 and $0.00001500 remains out of reach, highlighting the significant recovery needed for a turnaround [1].
The diverging performances of BDAG, Ethena, and PEPE reflect the unpredictable nature of the crypto market. While Ethena’s rally has captured attention ahead of a major unlock, the sustainability of the move remains uncertain. PEPE faces a more immediate threat of further losses without a sharp reversal. BDAG, on the other hand, is leveraging a combination of low entry points, high-return incentives, and a growing user base to drive its presale. Over 2.5 million users are already engaged with its X1 app, and 19,000 X10 miners have contributed $7.7 million to the presale, signaling strong community and product momentum [1].
With presale activity intensifying and key market events approaching, the coming weeks will be crucial in determining which tokens can maintain their upward trajectories and which will face further downward pressure. BlockDAG’s auction model and aggressive price roadmap position it as one of the most watched projects for 2025 [1].
Source: [1] BlockDAG Ignites Buying Spree With $0.0016 Entry & 10 BTC Prize as PEPE Slides to $0.00001042 & Ethena Surges 13%! (https://coinmarketcap.com/community/articles/6896bacb580d1d3e68f07331/)

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