Dogecoin News Today: BlockDAG Presale Surpasses $376M as Dogecoin and Stellar Rally

Dogecoin (DOGE) and Stellar (XLM) have both seen notable momentum in recent trading sessions, with DOGE benefiting from a Golden Cross signal and growing social influence, while XLM continues to climb on bullish chart patterns like a reverse head-and-shoulders and flag formation. Analysts highlight that resistance levels for XLM sit between $0.47 and $0.50, with a breakout potentially opening the path to $0.63. Meanwhile, DOGE’s near-term target is $0.273, with key support at $0.241. However, questions remain about the long-term sustainability of both projects, particularly for DOGE, which relies heavily on market sentiment rather than foundational technological innovation [1].

Amid the market's focus on DOGE and XLM, BlockDAG (BDAG) has emerged as a standout performer, with its presale surpassing $376 million and selling over 25.2 billion tokens. The project has already shipped 19,300 miners and generated $7.8 million in miner sales, indicating strong early-stage traction. With a current batch price of $0.0276—2,660% higher than the first batch—BlockDAG’s presale is drawing significant attention. The project’s ecosystem is further bolstered by over 2.5 million users on its X1 app, setting a strong foundation for adoption ahead of its official launch [1].

BlockDAG is also driving engagement through a 200 ETH giveaway valued at nearly $1 million. The giveaway, which is open to all participants during the presale period, increases the likelihood of winning based on the size of the purchase, creating a strong incentive for participation. This follows an earlier 10 BTC giveaway, showcasing the project’s commitment to fostering community excitement. The upcoming release of its EVM-compatible testnet adds further credibility, allowing Ethereum-based applications to run seamlessly on BlockDAG’s hybrid DAG and Proof-of-Work network. This infrastructure enhances scalability, reduces transaction costs, and speeds up confirmations, giving developers a compelling platform for DeFi, NFTs, and enterprise applications [1].

Stellar and Dogecoin highlight two different approaches to the current crypto environment—one rooted in real-world utility and institutional adoption, the other in market psychology and technical indicators. In contrast, BlockDAG is combining early-stage adoption, measurable growth, and innovative infrastructure to position itself as a potential long-term contender. With over $376 million raised and a clear technical edge, BlockDAG appears to be capturing the imagination of investors seeking not just short-term gains but a platform with structural advantages [1].

Sources:

[1] Dogecoin and Stellar Rally, Yet BlockDAG’s $376M Presale and 200 ETH Giveaway Steal the Show (https://cryptonewsland.com/dogecoin-and-stellar-rally-yet-blockdags-376m-presale-and-200-eth-giveaway-steal-the-show/)