BlockDAG Raises $317 Million in Presale, Secures U.S. Sponsorship

Generated by AI AgentCoin World
Sunday, Jun 22, 2025 1:34 pm ET1min read

In the dynamic world of cryptocurrency, several projects are making significant strides, backed by tangible progress and growing adoption. Solana (SOL) is inching closer to a price target of $258, supported by a bullish pattern. Currently trading around $149.30, Solana is within the golden Fibonacci range, a zone known for potential reversals. A falling wedge pattern is forming, which is typically a bullish signal. If this pattern holds, Solana could see targets of $204.31, $229.01, and $258.45, indicating a potential 60% to 100% upside. Support levels between $128 and $140 further strengthen this setup, suggesting an uptrend despite the inherent volatility in the market.

Meanwhile, Ethereum Classic (ETC) is also attracting attention with its bullish patterns. Trading near $16.78, ETC has recently broken out from a falling wedge, another strong signal for potential gains. If the rally continues, targets range from $21 to $50. However, ETC needs to maintain levels above $17.50 to sustain momentum. A drop below $16.80 could reintroduce downside pressure. Despite this, active network use and a growing user base suggest that ETC is poised for an exciting breakout.

Among these projects, BlockDAG is making the most waves. With miner shipments underway, a confirmed U.S. sponsorship, and multiple exchange listings lined up, BlockDAG has already secured $317 million in its presale. The project is delivering on its promises, with X30 and X100 miner models set for delivery in July and August, respectively. Over 2 million users are already utilizing the X1 mobile miner, demonstrating BlockDAG’s rapid scalability and accessibility. A U.S.-based sponsorship deal is also in the works, aimed at boosting public visibility before the coin hits exchanges. This move signals BlockDAG’s serious plans for mass exposure and adoption.

The infrastructure for BlockDAG is robust and ready. Listings on 20 centralized exchanges, including MEXC, BitMart, Coinstore, and LBank, are confirmed. Wallet integration is complete, and the X1 mining app is live, indicating a strong product-market fit. With $317 million raised and the coin price still fixed at $0.0020 for a short window, BlockDAG has shown a 2,660% increase from its earliest stage. This real progress makes BlockDAG a clear leader among new cryptocurrencies, offering long-term value backed by tangible milestones.

In summary, while Solana and Ethereum Classic present compelling opportunities with their price targets and bullish patterns, BlockDAG stands out as a project that is not only promising results but delivering them. With confirmed miner shipments, a U.S. sponsorship announcement, and multiple exchange listings, BlockDAG is setting a new standard for crypto launches. For those looking for the best new crypto to buy, BlockDAG’s real-world progress and growing adoption make it a standout choice.