PENGU Eyes 118% Surge to $0.082 as Cosmos Volatilizes 6.2% and BlockDAG Hits $373M Presale Mark

This week’s cryptocurrency market delivered a compelling mix of breakout potential, institutional jitters, and presale-driven momentum. Among the most notable stories were PENGU’s technical setup for a potential price surge, Cosmos (ATOM) navigating sharp volatility, and BlockDAG (BDAG) capturing headlines with its $373 million presale and new Dashboard V4.

PENGU is currently forming a classic cup-and-handle pattern on the charts, with analysts projecting a potential move toward $0.082 if it successfully breaks above the $0.045 resistance level. The token is currently trading at $0.03843, having gained 12.6% in the past week, supported by a $0.030 floor. Since January 2025, PENGU has shown a strong upward trend, surging 800% from its yearly low [1]. This rally has been fueled by the SEC’s ongoing review of a CBOE-backed ETF application, marking a pivotal moment for NFT-linked memecoins. Increasing adoption in Asia, particularly in South Korea, and rising trading volumes also point to growing market interest [1].

Meanwhile, Cosmos (ATOM) experienced a rollercoaster of a week, swinging 6.20% between August 10 and 11. Starting the period bullish at $4.66 and rising to $4.75, it faced a sharp sell-off to $4.48 before a final-hour rebound that pushed the price to $4.56 [1]. Institutional selling pressure was evident, but the coin managed to break through key resistance levels and establish new support at $4.54. The recent announcement by Coinbase of support for dYdX (COSMOSDYDX) on the Cosmos network has further signaled sustained institutional interest [1].

In contrast to the market’s mixed performance, BlockDAG (BDAG) is making waves in the presale arena. Having already raised over $373 million, BDAG is priced at $0.0276 in Batch 29, with a locked launch price of $0.05. This price gap continues to attract both retail and institutional investors. Dashboard V4, a key innovation in BDAG’s presale environment, offers an interactive experience with real-time charting, instant order execution, and live order book monitoring. Additional features like leaderboards and referral tracking add a gamified dimension that engages the community [1].

Underlying BDAG’s appeal is a hybrid blockchain and DAG architecture that enables high throughput and scalability. The platform’s EVM compatibility supports smart contract functionality, while its low-code builder simplifies dApp development. The project is also expanding beyond the crypto sphere, forming partnerships with sports franchises like the Seattle Seawolves and Seattle Orcas, incorporating fan tokens and NFT-based experiences into its marketing strategy [1].

While PENGU and ATOM offer contrasting narratives—PENGU building bullish momentum and ATOM demonstrating resilience in the face of volatility—BlockDAG is carving its own path with a robust presale, innovative tools, and strategic partnerships. These developments highlight the diverse forces shaping the current crypto landscape.

Source: [1] PENGU Targets $0.082, ATOM Battles Volatility, & BlockDAG’s $373M Presale Sets New Standards (https://coinmarketcap.com/community/articles/689d4424eb24aa33345109f2/)