Dogecoin News Today: Dogecoin Rises 1.35% as Trading Volume Surges 38% to $1.74 Billion

Dogecoin (DOGE) has seen a 1.35% price increase over the past 24 hours, rebounding from an intraday low of IDR 3,280 to a high of IDR 3,466. This move coincides with a 38% surge in trading volume to $1.74 billion, indicating renewed interest in the meme coin [1]. Technical indicators, including an RSI above 50, are being closely monitored to determine if DOGE can sustain its upward momentum and avoid a return to accumulation mode [1].

Cardano (ADA) is also experiencing a boost, driven by speculation around an upcoming airdrop for the NIGHT token. With over a million wallets potentially eligible, the airdrop is generating significant engagement across the crypto community [1]. Additionally, Cardano has secured $71 million in new funding, which will be allocated to improving transaction speeds, developer tools, and cross-chain interoperability [1]. These developments are contributing to ADA’s rising profile and attracting both retail and institutional attention.

Meanwhile, BlockDAG has become a major talking point in the crypto space, with its presale raising $365 million and 24.8 billion tokens sold to over 200,000 unique holders [1]. The project is set to launch officially on August 11, with current presale buyers acquiring tokens at $0.0016. Given the confirmed $0.05 launch price, this represents potential returns of over 3,000% [1]. Early investors in the first batch have already seen gains of 2,660%, spurring increased demand ahead of the final price increase [1].

BlockDAG’s technology is built on a PoW-DAG consensus model, designed to offer high speed, security, and scalability. Pre-launch tools, such as a live trading simulator and the X1 smartphone mining app, are already active, providing early utility to participants [1]. Analysts note that the project’s rapid growth in presale participation, combined with confirmed future exchange listings, positions it as a strong contender for significant price appreciation in 2025 [1].

The broader crypto market appears to be reacting positively to these developments, with increased volume and engagement across DOGE, ADA, and BlockDAG. While DOGE continues to benefit from meme coin enthusiasm, ADA and BlockDAG are demonstrating more structured growth through technological upgrades and strategic airdrops. BlockDAG, in particular, is drawing comparisons with top-performing projects due to its innovative approach and strong community traction [1].

Source: [1] DOGE Rebounds, ADA Soars on Airdrop Hype, BlockDAG Surpasses 200K Holders Ahead of GLOBAL LAUNCH Release! (https://thecoinrise.com/doge-rebounds-ada-soars-on-airdrop-hype-blockdag-surpasses-200k-holders-ahead-of-global-launch-release/)