PENGU Rises 12.6% on Bullish Chart Pattern and ETF Hopes Cosmos (ATOM) Volatility Narrows Amid Institutional Buying BlockDAG Surpasses $373M Presale with Dashboard V4 Innovation

The crypto market remains divided between cautious optimism and speculative fervor, as PENGU, Cosmos (ATOM), and BlockDAG each carve distinct narratives. PENGU has been forming a textbook cup-and-handle pattern, currently trading at $0.03843, and analysts have set a $0.082 price target should the $0.045 resistance level be breached [1]. The token has surged 12.6% in the past week, rebounding from a $0.030 support level and surging 800% from its yearly lows since January 2025. A key development is the SEC’s formal review of a CBOE-backed ETF application, marking a potential milestone for NFT-linked memecoins. Meanwhile, PENGU’s adoption in Asia, especially in South Korea and China, has been bolstered by the popularity of the Pudgy Penguins NFT brand, supporting both trading volume and market cap growth [1].

Cosmos (ATOM), on the other hand, faced a turbulent week, with prices fluctuating between $4.48 and $4.77 over 23 hours from August 10–11. Institutional selling pressured the token to session lows, but a late rally in the final hour pushed ATOM from $4.49 to $4.56, reclaiming key resistance levels at $4.50 and $4.53 [1]. The resurgence followed a 60,000-unit trade spike, establishing $4.54 as a potential short-term support. The momentum was further reinforced by Coinbase’s announcement of dYdX (COSMOSDYDX) support on the Cosmos blockchain, signaling institutional confidence amid broader market uncertainty.

BlockDAG (BDAG) has emerged as a presale standout, having raised over $373 million and now priced at $0.0276 in Batch 29, with a confirmed launch price of $0.05. Its Dashboard V4 is a key innovation, offering a real-time exchange simulator with features like live BDAG charts, wallet tracking, and order book monitoring. Gamified elements such as leaderboards and referral systems have driven consistent user engagement [1]. Technologically, BlockDAG’s hybrid blockchain and DAG architecture enable high throughput and scalability, supported by EVM compatibility and a low-code smart contract builder. The project’s reach extends beyond crypto, with official partnerships in professional sports, including the Seattle Seawolves and Seattle Orcas, which bring in fan tokens and NFT-based experiences.

PENGU and ATOM reflect the market’s ongoing tug-of-war between breakout potential and volatility, while BlockDAG represents a different trajectory altogether. With a robust presale model, a technologically advanced platform, and strategic partnerships, BlockDAG’s growth appears to be underpinned by more than just speculation [1]. As PENGU tests its key resistance and ATOM stabilizes around new support, the spotlight remains on BlockDAG, whose $373 million war chest and Dashboard V4 ecosystem are reshaping expectations for presale projects.

Source: [1] PENGU Eyes a Moonshot, Cosmos Slips, and BlockDAG’s $373M War Chest with Dashboard V4 Grabs the Spotlight (https://coinmarketcap.com/community/articles/689cac6ceea45d3372faee9a/)