Dogecoin News Today: BlockDAG Presale Nears $360M With 2,660 ROI as Dogecoin Drops 9% and Injective Rises 5%

BlockDAG’s presale has captured significant attention in the cryptocurrency space, particularly as it approaches its global launch on August 11. With over $360 million raised and more than 24.7 billion BDAG tokens sold, the project is concluding its presale with a limited-time offer of $0.0016 per token, a price not seen since the early stages. This entry point, combined with a high-value 10 BTC auction worth over $1.1 million, is generating intense interest and FOMO among crypto investors [1].

The presale is currently in batch 29, offering a return on investment (ROI) of 2,660% compared to the first batch. The auction is structured to reward proportional participation, meaning the more BDAG tokens an investor purchases before the deadline, the greater their chances of winning a share of the Bitcoin prize. This incentive-driven approach is setting BlockDAG apart from other market movements that rely more on speculative trends [1].

Meanwhile, Dogecoin (DOGE) faced a 9% decline between July 28 and 29, dropping from $0.248 to as low as $0.223. This sharp sell-off, accompanied by a spike in trading volume, suggested institutional selling pressure. Although the price rebounded slightly to $0.226, it remains under key resistance at $0.240–$0.241. A breakout above this level could lead to further gains, but a breakdown below $0.223 could open the door to a deeper correction. This volatility highlights the risks associated with momentum-driven assets in the crypto market [1].

Injective (INJ) also saw notable movement after the Cboe BZX filed to list a U.S. ETF tied to staked INJ tokens. This filing by Canary Capital marks a regulatory milestone, indicating a shift in how staking is perceived. Following the news, INJ surged nearly 5%, approaching $16 before stabilizing around $14–$15. Technical indicators suggest a potential breakout at $15.97, with bullish targets as high as $21 [1].

While both Dogecoin and Injective show signs of momentum, BlockDAG’s structured approach offers a more calculated investment opportunity. The project’s presale, with its low entry price and substantial incentives, is not merely capitalizing on hype but leveraging a well-defined roadmap. With its final phase underway, the countdown to the August 11 launch represents a pivotal moment for BlockDAG as it positions itself as one of the top crypto events of 2025 [1].

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Source: [1] BlockDAG’s $0.0016 Presale, Dogecoin’s Volatility, and Injective’s ETF Momentum https://coinmarketcap.com/community/articles/688fdd01c2ab4f6a22e6a7c2/