Dogecoin News Today: BlockDAG Hits $370M Presale as Dogecoin and Mantle Show Bullish Momentum

The cryptocurrency market is currently witnessing a convergence of momentum across multiple projects, with BlockDAG, Dogecoin, and Mantle standing out for distinct reasons. This week, BlockDAG achieved a significant milestone by raising over $370 million in its ongoing presale, reaching Batch 29 with a coin price of $0.0276. This positions it as one of the most capital-intensive presales in recent years. Simultaneously, the project launched Dashboard V4, an interactive platform that functions like a real-time crypto exchange. Users can access live BDAG price charts, simulated order books, wallet tracking, and real-time transaction data, offering a unique trading and monitoring experience even before the official listing [1].

Dogecoin (DOGE) is currently consolidating between key support and resistance levels, with its price hovering near $0.206. The coin remains above the critical $0.203 support zone, with short-term resistance at $0.213. If DOGE breaks above this level with strong volume, it could push toward $0.226 and the more significant $0.246 Supertrend resistance. The Bollinger Bands on the 4-hour chart are narrowing, suggesting a larger price move is imminent. On-Balance Volume remains steady at $64.5 billion despite minor exchange outflows, indicating that committed holders are still active in the market [1].

Mantle is showing strong signs of institutional and retail adoption, with its price reaching $0.93 after a 25% increase in the past week and a 65% gain over the past month. The surge is supported by a 23% rise in its stablecoin market cap to $650 million and a 165% increase in derivatives open interest. The project has also added over 101,000 ETH—valued at $388 million—to the Ethereum Strategic Reserve, signaling growing institutional confidence. While active wallet numbers are still below their December 2024 peak, the upward trend is clear. If the current momentum holds, the price could rise toward $1.20–$1.23, representing a 40% gain from current levels. However, resistance around $1.23 may require broader market support to overcome [1].

BlockDAG’s technological foundation and strategic initiatives further enhance its market appeal. The project’s hybrid blockchain-DAG architecture ensures scalability and high throughput, with full EVM compatibility enabling seamless smart contract deployment. The introduction of a low-code contract builder is expanding the accessibility of decentralized application development. Additionally, BlockDAG has formed sports partnerships with teams in Major League Rugby and Major League Cricket, integrating fan engagement tools such as NFTs and tokenized experiences [1].

With over 2 million active users on the X1 mobile mining app and confirmed exchange listings on the horizon, BlockDAG appears well-positioned for its market debut. The combination of strong presale performance, real-time user engagement tools, and strategic partnerships differentiates it from many of its peers. As the presale enters its final phase, early buyers in Batch 1 have already seen a 2,660% return, adding to the project’s appeal as a potential top crypto to buy in 2025 [1].

Source: [1] BlockDAG Hits $370M and Unveils Dashboard V4! Dogecoin & Mantle Turn Bullish (https://coinmarketcap.com/community/articles/689a5cce1f3a5b4dc5e17f03/)