BlockDAG's Summer Raffle Drives 2,660% Growth in Presale NEAR Protocol Price Drops 2% Amid Inflation Rate Debate Litecoin Slips Below $86 as ETF Optimism Fades

Generated by AI AgentCoin World
Wednesday, Jul 9, 2025 1:24 pm ET2min read
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BlockDAG has launched a $2 million USDTUSDT-- summer raffle, which has sparked a significant buying spree. The campaign features three tiers: Bronze, Silver, and Gold, each offering different levels of USDT prizes. The Bronze Ticket, priced at $100, offers a chance to win up to $250,000 USDT. The Silver Ticket, priced at $200, provides access to a $500,000 USDT prize pool. The Gold Ticket, priced at $400, offers the highest winning odds and a chance to win the grand prize of $2 million USDT. Each ticket is priced at $0.0016, significantly boosting BDAG holdings. The presale has gathered over $334 million, with more than 23.7 billion coins sold, and early buyers have seen their funds grow by 2,660% since batch 1. The presale is currently in batch 29, priced at $0.0016 until August 11th.

NEAR Protocol has faced uncertainty due to discussions on cutting its inflation rate from 5% to 2.5%. This proposal aims to improve long-term coin scarcity but has raised concerns among validators over reduced staking rewards. The price of NEAR Protocol dropped by 2%, from $2.14 to $2.09, following these debates. Short-term charts show NEAR forming lower highs and testing support around $2.08. Despite bearish pressure, there was a slight rebound to $2.10 as buyers defended the lower range. Trading volume also increased at these levels, showing that traders remain alert despite governance uncertainty. The upcoming community votes and price action will be closely observed in the coming days.

Litecoin's price recently slipped below $86, reflecting weaker market flows and reduced optimism around ETF progress. This drop has sparked debate on whether a rebound is near, as resistance remains strong. Analysts are watching a possible “golden cross” on its chart, where a short-term moving average crosses above a long-term one, suggesting a bullish reversal. If confirmed, LitecoinLTC-- could start a multi-week rally. For now, the drop shows that positive headlines alone can’t drive price action without clear buying strength. If this bullish pattern emerges fully, LTC might stabilize and kickstart a fresh upward trend. Until then, traders are bracing for continued consolidation, making this price dip an important signal for both caution and potential gains.

BlockDAG’s structured approach to engaging users with its summer campaign, which blends incentives and USDT rewards for deposits, has shown strong performance. The project has gathered over $334 million, with more than 23.7 billion coins sold. Early buyers have already seen 2,660% growth in their funds since batch 1, underscoring its strategy-driven traction. The presale has now reached batch 29, priced at $0.0016 until August 11th, and early buyers have already seen their funds grow by 2,660% since batch 1. This limited-time price is available to Summer Raffle participants, combining it as both a reward and an opportunity to gain even higher returns.

NEAR Protocol's price drop underlines how even well-intended proposals can shake user confidence if core tokenomics change. The upcoming community votes and price action will be closely observed in the coming days. Litecoin’s dip proves that bullish technicals need follow-through to drive prices higher. BlockDAG is using a measured incentive approach with its three-tier giveaway and continues to gain strong presale traction. With 23.7 billion coins sold and batch 29 priced at $0.0016, available until August 11th, its structured efforts to drive participation and create growth stand out. As each strategy unfolds, users are watching closely to see which project translates action into sustained success.

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