PENGU Eyes 120% Surge, Cosmos Rebounds 1.68%, BlockDAG Hits $373M Presale Milestone

The cryptocurrency market remains in flux as projects exhibit divergent momentum, with some aiming for breakout moves and others experiencing sharp reversals. PENGU is positioned for a potential surge beyond a cup-and-handle pattern, with analysts projecting a path to $0.082 if it clears key resistance at $0.045 [1]. Meanwhile, Cosmos (ATOM) faced turbulent swings over two days, dropping 6.20% from $4.77 to $4.48 before clawing back to close near $4.56. The rally appeared to gain traction with a 1.68% move in the final hour, supported by a 60,000-unit trade spike [2]. The most notable development, however, is BlockDAG’s presale reaching $373 million, driven by Dashboard V4’s enhanced user experience and high-profile sports partnerships [3].

PENGU’s technical setup has drawn attention as the token continues to consolidate after surging 800% from its yearly lows since April. At $0.03843, the price has rebounded from the $0.030 support level, with a 12.6% weekly gain reinforcing the bullish structure. Analysts suggest that a breakout above $0.045 with strong volume could open the door to $0.082 [1]. Additionally, the SEC’s review of the first CBOE-backed ETF linked to an NFT-connected memecoin is seen as a potential catalyst for broader institutional recognition [1].

Cosmos, on the other hand, faced a volatile session marked by heavy institutional selling. ATOM traded between $4.48 and $4.77 over two days, with early gains from $4.66 to $4.75 setting short-term support at $4.69. The selling pressure pushed the price down to $4.48 before a late recovery lifted it to $4.56 [2]. The rally coincided with news of Coinbase integrating dYdX (COSMOSDYDX) on the Cosmos network, potentially attracting larger market participants [2].

BlockDAG’s presale has raised more than $373 million, with the current Batch 29 price at $0.0276—still well below the confirmed $0.05 launch price [3]. Dashboard V4 has played a key role in maintaining engagement, offering an exchange-like interface that allows users to view live price charts, place buy/sell orders, and track wallet balances in real time. The addition of competitive leaderboards, referral tracking, and bonus calculators has boosted user activity [3].

Technologically, BlockDAG combines a hybrid blockchain-DAG architecture with full EVM compatibility, enabling efficient smart contract deployment. A low-code smart contract builder further expands its accessibility [3]. Off the blockchain, the project has formed partnerships with Seattle Seawolves (Major League Rugby) and Seattle Orcas (Major League Cricket), integrating Web3 features such as fan tokens and NFT-backed content to engage a broader audience [3].

While PENGU and ATOM remain within technical and market pressures, respectively, BlockDAG stands out as a project building toward a full-fledged launch. The combination of strong presale performance, innovative technical design, and cultural integration through sports partnerships positions BlockDAG not just as a presale phenomenon but as a launch-ready ecosystem [3].

[1] PENGU Aims for a Breakout, Cosmos Pulls Back, and BlockDAG’s $373M Milestone with Dashboard V4 Takes Center Stage (https://coinmarketcap.com/community/articles/689dfb0b56d538309d897d85/)