BlockDAG Raises $304 Million in Presale, Cardano Struggles at $0.385

BlockDAG, a new cryptocurrency project, has raised over $304 million in its presale, signaling significant investor interest and action in the crypto market. The project, led by CEO Antony Turner, has already executed major parts of its launch plan, including the deployment of the testnet, backend mining infrastructure, smart contract vesting, and DeFi integrations. The project aims to raise a total of $600 million through 45 presale batches, with the current price per token at $0.0276. A special offer of $0.0018 per token is available for a limited time, with over 22.6 billion tokens already sold. The project has also seen real adoption, with the X1 Miner App having over 2 million users and 20 central exchanges, including MEXC, BitMart, and LBank, confirming listings.

Meanwhile, Cardano (ADA) has been experiencing a bearish trend, with the price hovering near $0.385 after failing to hold support at $0.40. The bearish trend is confirmed by a bearish MACD crossover and RSI hovering around 41, indicating continued pressure. Bulls need to defend the $0.375 level to prevent a further drop to $0.36. The bearish trend is not just about price but also tied to low trading volume and cautious sentiment. Analysts tracking the Cardano (ADA) bearish trend say a breakout above $0.41 is essential to shift momentum. Until then, ADA may remain stuck in a downward grind. Short-term traders are now watching for bounces, but long-term buyers might wait for stronger confirmations before re-entering.

In contrast, BlockDAG is setting the pace with its launch plan already in motion. The project's mainnet is live, smart contracts are active, and DeFi tools are rolling out. This isn't another presale waiting for funding; it's halfway done and building daily. That's why BDAG is one of the top crypto coins to watch. The $0.0018 offer closes soon, and once the full $600 million target is met, early entry disappears. The clock’s ticking, get in while the advantage is still real.