Litecoin Surges 9.4 to $119.30 as BlockDAG Presale Hits $363M and HBAR Rises 8.98%

Litecoin (LTC) has surged past $119, breaking key resistance levels amid a six-day rally marked by a 9.4% increase to $119.30. The uptrend was accompanied by a notable rise in trading volume, exceeding twice the average of the past two weeks. The Litecoin Foundation highlighted that 12% of all Litecoin transactions occurred in 2024, signaling increased adoption. However, the next major challenge lies in maintaining momentum above $121–$122, as failure to do so could trigger a pullback toward $115 before another push to $130[1].

Hedera (HBAR) has similarly caught market attention after rising 8.98% to $0.2513, surpassing the $0.25 level. This movement has sparked renewed speculation about its potential to reach $2 by 2025, although analysts emphasize that such a target hinges on broader altcoin market performance and user growth. With a 24-hour trading volume of nearly $408 million, HBAR is forming a pattern of higher lows, suggesting further upward movement if it manages to push past $0.27[2].

BlockDAG (BDAG) is amplifying the market’s enthusiasm with its ongoing presale and a live 10 BTC auction. Investors who purchase BDAG before August 11 are eligible to enter the auction, with the presale price currently frozen at $0.0016. This price is set to rise to $0.0276 after the freeze ends, creating a 3,025% gap. The presale has already raised over $363 million and sold more than 24.7 billion tokens, with miner sales exceeding $7.6 million and 19,000 units sold[3].

The convergence of these three projects reflects a broader surge in market optimism. Each is showing signs of strong directional movement—Litecoin breaking through key levels, HBAR forming a bullish pattern, and BlockDAG pushing volume through a final presale sprint. The market is now closely watching how HBAR handles resistance between $0.255 and $0.260, and whether Litecoin can consolidate above $121. For BlockDAG, the August 11 deadline is a critical inflection point, as it marks the end of both the price freeze and the auction. Investors are acutely aware that the opportunity to purchase at $0.0016 will not return, and the 10 BTC giveaway is a one-time event[4].

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[1]https://coinmarketcap.com/community/articles/6892b843224d8d2a95dd86e2/