Ethereum News Today: BlockDAG Presale Hits $363M With Live Trading Sim ETH Surges on $3B Institutional Buy-In FET Falls 15% as Support Levels Tested BlockDAG’s Dashboard V4 Sets New Presale Standard

BlockDAG’s Trading Dashboard V4 has turned its presale into a near-launch experience, allowing participants to engage with real-time order books, price charts, and market depth as if the token were already listed. The platform, which has raised over $363 million and sold 24.7 billion BDAG coins, is now offering an immersive simulation of post-launch trading. This unique approach enables presale holders to experience the future of BDAG before the official listing, which is set at $0.05 per token. The price remains fixed at $0.0016 until August 11, presenting a potential 3,025% return for early buyers [1].

Meanwhile, the Ethereum (ETH) price rally has been fueled by a $3 billion accumulation drive led by institutional investor BitMine. The firm has increased its holdings to 833,137 ETH by acquiring over 208,000 ETH in the latest round, outpacing other major treasury players. This surge lifted ETH to a high of $3,730 before retreating to $3,654. Analysts suggest that the continued upward movement of ETH relies heavily on sustained institutional demand, with the accumulation race intensifying [1].

In contrast, the FET price outlook has deteriorated following a breakdown below the $0.66 level, extending a 15% weekly decline. The token has broken out of a six-month consolidation pattern, with key Fibonacci support levels at $0.56 and $0.49 now under scrutiny. Although FET remains near a 2022 macro trendline, which offers some structural support, further losses are anticipated if the $0.60 level is not defended. Elliott Wave analysis suggests that wave C is nearing completion, but a failure to hold above $0.49 could signal deeper bearish sentiment [1].

The divergence in market dynamics is becoming clearer. While FET and ETH remain subject to broader market conditions and speculative forecasts, BlockDAG’s presale participants are engaging in a tangible, near-live trading environment. This distinction underscores the project’s shift from theoretical expectations to active participation, setting it apart from traditional market setups. As the presale nears its final stage, the growing engagement on the Trading Dashboard V4 suggests that BDAG is building a strong foundation for its official listing [1].

Source: [1] BlockDAG’s Dashboard V4 Just Made Presale Feel Like Launch Day! ETH Price Rally Fueled by $3B Buy While FET Bleeds (https://coinmarketcap.com/community/articles/689227c988aac944edfa716d/)