Ethereum News Today: Dogecoin Breaks $0.24, Bittensor Repeats $700-to-$3K Pattern, BlockDAG Surges 2,660% in Presale

Dogecoin is drawing renewed attention as whale activity intensifies, with large holders accumulating over 1 billion DOGE in a short timeframe. These movements have increased whale-controlled supply to nearly 50% of the circulating tokens, signaling heightened confidence in the asset. Technically, Dogecoin has recently broken above $0.24 and displayed a golden cross, a bullish signal commonly associated with continued upward movement. Analysts note that if buying pressure persists, DOGE could test the $0.30 resistance level soon, though a pullback toward $0.22 remains a possibility if momentum weakens [1].

Meanwhile, Bittensor (TAO) is witnessing a repeat of a familiar price pattern. After a consolidation phase following a previous rally from $160 to $520 in June, the token is showing signs of another upward move. Analysts highlight a recurring W-shaped formation similar to the one that drove TAO from $30 to $700 in late 2023, and are forecasting a potential surge toward $3,000. If this pattern continues, TAO could maintain a floor above $700, reinforcing bullish expectations among traders. Institutional activity is also on the rise, with Grayscale including Bittensor in its AI-focused crypto sector and Safello launching TAO-backed ETPs in Europe [2].

However, the most significant movement in the current landscape comes from BlockDAG. Unlike DOGE and TAO, whose performance is largely driven by sentiment and technical indicators, BlockDAG is gaining traction through clear execution and tangible incentives. The project has raised $377 million in its ongoing presale, with over 25 billion tokens sold. Currently in batch 29, the price of BDAG has surged 2,660% since batch 1, reflecting strong market confidence.

The launch of BlockDAG’s 200 ETH giveaway has further accelerated participation. The simple rule—buy more BDAG, increase winning chances—has driven both small and large-scale purchases. With nearly $1 million in Ethereum at stake, the campaign is generating urgency among investors. This giveaway is not just a marketing tactic but a strategic move to deepen engagement and drive conversions. The approach is working: social media activity and community interactions are on the rise as buyers act on the fear of missing out [3].

While Dogecoin and Bittensor rely on market psychology and technical patterns, BlockDAG is building a foundation of measurable momentum. Its presale model, combined with a clear batch-based price structure, provides investors with transparent metrics to gauge progress. This structured approach differentiates BlockDAG from speculative assets that depend on shifting conditions. As a result, BlockDAG is emerging as a top crypto asset to watch, not just for short-term gains but for sustained, real-world participation [4].

Sources:

[1] title: DOGE Whale Activity, TAO Repeats $700-to-$3K Pattern, but BlockDAG’s 200 ETH Presale Takes Over (url: https://coinmarketcap.com/community/articles/68a51f278e435101db81b30d/)