BlockDAG Presale Raises $320.5 Million, Early Investors See 2,660% Gain

Ethereum (ETH) and Hedera (HBAR) have experienced a challenging week, with ETH dropping below $2,300 and HBAR struggling to maintain its position above $0.14. Both cryptocurrencies are attempting to stabilize, but the momentum appears weak. In contrast, BlockDAG is making significant strides, focusing on delivering tangible results rather than relying on market hype. The project is actively developing mining products, distributing rigs, and aiming for a $0.05 listing. Currently, the presale price is set at $0.0020, which is expected to rise to $0.0030 within a day.

BlockDAG's presale has garnered substantial attention, with the project raising $320.5 million and selling 23.3 billion coins. Early investors in Batch 1 have already seen a 2,660% return based on the current batch price. The full launch price is confirmed at $0.05, which is nearly 25 times higher than the current limited-time price. This significant price gap has attracted new buyers daily. BlockDAG is not just about price; it is already delivering real products. Over 2 million users are actively mining BDAG with the X1 miner app, and mining hardware like the X10, X30, and X100 rigs are being prepared for shipment in July. Additionally, a live testnet and a no-code smart contract builder are part of the ecosystem already in motion.

Hedera (HBAR) is facing downside pressure, having dropped from $0.149 to $0.137 earlier this month. It is now hovering around the $0.14 support mark, with technical indicators leaning bearish. Short-term moving averages have fallen under long-term ones, signaling weakness. The price is stuck in a downward channel, and without a rise in demand, breaking resistance could be difficult. Some analysts believe HBAR could recover if it breaks the $0.193–$0.20 level, potentially pushing toward $0.25. However, until then, the asset looks uncertain, and the trend is pointing down.

Ethereum (ETH) dropped under $2,300 this week and is trying to recover. Support now sits between $2,235 and $2,445. Options expiry and overall market selling have put pressure on the price. Right now, ETH is below its 20-day average of around $2,563. Resistance is seen near $2,575, and a break above that could open a path to $2,750. Despite the dip, long-term views remain optimistic. Experts at VanEck expect ETH to hit $6,000 by the end of 2025 and reach $15,000 by 2030. Their confidence comes from ETF developments and growing institutional interest. If ETH climbs back above $2,850, the next move could quickly push toward $3,000. While the short-term chart looks shaky, many still believe in ETH’s strength long-term.

In summary, while Ethereum and Hedera are experiencing a correction phase, BlockDAG is gaining traction with real updates and fast-paced delivery. The presale is offering a limited-time $0.0020 price, with $320.5 million raised and 23.3 billion coins sold. BlockDAG also has more than 2 million app users and is shipping mining rigs to early buyers. As other coins move sideways, BDAG’s structured rollout is making it stand out. This might be the best low-entry chance before prices climb higher.