Polygon Surges 6% on CEO Appointment, Dogecoin Holds Near $0.20

Generated by AI AgentCoin World
Saturday, Jun 21, 2025 7:23 pm ET1min read

Polygon (POL) and Dogecoin (DOGE) are currently holding key levels, with traders closely monitoring their movements. Polygon's price surge this week was driven by internal changes, including the appointment of Sandeep Nailwal as the CEO of the Polygon Foundation. This shift in leadership has sparked bullish momentum, with

jumping 6% to around $0.24 and on-chain futures open interest hitting record highs near $52.5 million. Technical indicators such as RSI, MACD, and a falling wedge breakout suggest potential upside, especially if the price can break above $0.225. Short-term price targets for POL are around $0.2369 to $0.248, with some analysts suggesting a move toward $0.40 if the breakout holds. The upcoming Gigagas upgrades and AggLayer v3.0 release are expected to further bolster Polygon's fundamentals.

Meanwhile, Dogecoin (DOGE) is consolidating just under the $0.20 mark, holding a tight range between $0.189 and $0.204. Technical indicators are mixed, with RSI hovering near oversold levels around 37 and MACD flashing daily buy signals. Support is holding near $0.188, and if that breaks, the next key zone is down at $0.168. However, if DOGE clears the $0.206 resistance zone, it could push toward $0.22 or even higher. Some analysts suggest a bigger move toward $0.25–$0.35 if momentum kicks in. The descending triangle setup on the DOGE chart indicates that a breakout, either direction, may not take long. Short-term traders are watching for a clean confirmation as DOGE shows early divergence signals and increasing interest on the charts.

While Polygon and Dogecoin are at crucial technical levels, BlockDAG is making significant strides. With miners set to roll out in July and U.S. partnerships already teased in June, BlockDAG is hitting every milestone before its launch. The current presale offers a special $0.0020 rate, with 16 batches left before it closes in on its $600 million cap. BlockDAG's network is already live, featuring Certik-audited security, EVM compatibility, and a user base of over 2 million mobile miners via the X1 App. The project also includes DeFi tools, no-code dApp builders, and 20 exchange listings already confirmed. This makes BlockDAG one of the fastest-growing cryptos in presale, offering both access and activity with 40% of presale tokens already claimable. The presale is moving quickly, but there is still room for early-stage pricing before the listings begin.