Dogecoin News Today: BlockDAG Passes $365.5M Presale As DOGE Rises 1.35% And ADA Gains On NIGHT Airdrop Hype

BlockDAG has captured significant attention in the cryptocurrency market, surpassing $365 million in its presale just days before its scheduled launch on August 11. The project, which is built on Directed Acyclic Graph (DAG) technology, is being positioned as a Layer 1 blockchain offering enhanced scalability and transaction throughput. Over 200,000 unique holders have already participated, signaling strong early adoption [1]. Analysts have noted that the token, currently priced at $0.0016, could see a potential price surge to $1, representing a 3,025% return on investment. The presale continues with the price locked at the initial level for a limited time, creating urgency among investors [1].

Meanwhile, Dogecoin (DOGE) has demonstrated a 1.35% increase over the past 24 hours, rebounding to approximately $0.2065. After dipping to a low of IDR 3,280, the coin climbed to IDR 3,466 within a short period, with trading volume rising by 38% to $1.74 billion [1]. This increase has rekindled interest in the asset, particularly as it hovers near the psychologically significant $0.20 level. Traders are closely monitoring the RSI indicator for signs that the coin may consolidate above this threshold, potentially confirming a bullish trend [1].

Cardano (ADA) has also seen renewed momentum, driven by speculation surrounding an upcoming NIGHT token airdrop. Reports suggest that over one million wallets are eligible for the airdrop, generating excitement within the community. Adding to this momentum, Cardano recently secured $71 million in funding, which will be allocated toward improving transaction speeds, developer tools, and cross-chain functionality [1]. These developments are expected to provide a solid foundation for ADA’s future price movement, combining community engagement with tangible technological progress.

In the broader market context, BlockDAG appears to stand apart from both DOGE and ADA. While the latter two show signs of short-term strength, BlockDAG’s presale success—making it one of the largest early-stage fund raisers—demonstrates a unique growth trajectory. The project’s use of a PoW-DAG consensus mechanism and its focus on accessibility, security, and speed are key differentiators in a crowded market [1]. The growing number of holders and the project’s structural innovations have drawn increasing attention from investors and developers alike.

As the market continues to evolve, the performance of these three projects will be closely watched. BlockDAG’s presale momentum, combined with its technological foundation and institutional interest, positions it as a strong contender for both short-term and long-term value appreciation. If adoption and development continue at the current pace, the project could emerge as one of the most notable crypto assets in 2025 [1].

Source: [1] BlockDAG Surges Past $365.5M in Presale as Dogecoin Gains 1.35%, Cardano Soars on NIGHT Airdrop Excitement. (https://coindoo.com/blockdag-surges-past-365-5m-in-presale-as-dogecoin-gains-1-35-cardano-soars-on-night-airdrop-excitement/)