NEAR Surges 5.82% on Institutional Inflows, TRUMP Coin Rises 10% on ETF Hopes, BlockDAG Hits $376M Presale Mark

Generated by AI AgentCoin World
Sunday, Aug 17, 2025 9:19 pm ET2min read
Aime RobotAime Summary

- NEAR Protocol surged 5.82% to $2.91, driven by $7.6M institutional inflows and doubled trading volumes, breaking key resistance levels.

- TRUMP Coin rose 10% to $10.13 after Delaware statutory trust registration, signaling potential ETF listing but remains 86% below its January peak.

- BlockDAG raised $376M in presale with 2.5M mobile miners using Proof-of-Engagement, introducing gamified "Buyer Battles" and real-time Dashboard V4 for transparency.

- Unlike NEAR and TRUMP's reliance on ETF speculation, BlockDAG's growth stems from active user participation, infrastructure, and measurable utility.

The cryptocurrency market has been dominated by three high-impact stories this week: NEAR Protocol’s price rally toward a $3 milestone, renewed ETF speculation around

Coin, and BlockDAG’s groundbreaking presale performance. surged 5.82% from $2.75 to $2.91 between August 12–13, driven by $7.6 million in institutional inflows and trading volumes more than double the daily average [1]. The price movement broke key resistance levels, with strong support identified at $2.76 before testing $2.94. Though a brief pullback occurred, the price stabilized in the $2.90–$2.91 range, reinforcing bullish momentum [1].

Meanwhile, TRUMP Coin experienced a sharp 10% increase to $10.13 after Canary Capital registered a statutory trust in Delaware, a move widely interpreted as the first step toward a U.S. ETF listing for the token [2]. This aligns with a broader trend of $572 million in inflows across global crypto investment products. However, analysts note that while the registration is a significant milestone, it is only the initial phase in a potentially lengthy SEC approval process. The token remains 86% below its peak of $73.43 from January and currently ranks sixth among memecoins with a market cap of $1.9 billion [2].

Amid these developments, BlockDAG has emerged as a standout performer. As of Batch 29, the project has raised over $376 million with a token price of $0.0276 and a projected launch price of $0.05 [3]. What sets BlockDAG apart is its operational ecosystem, featuring 2.5 million mobile miners using a Proof-of-Engagement model that allows users to earn BDAG tokens without traditional mining infrastructure. Additionally, the Dashboard V4 interface provides real-time trading data, order books, and referral metrics, enhancing transparency and participation [3].

The project also introduced “Buyer Battles,” a gamified feature that rewards the day’s largest buyer with any unsold BDAG allocation, driving recurring engagement and upward price pressure. These elements have transformed BlockDAG from a presale project into a fully functional, community-driven platform. Unlike NEAR and TRUMP, which rely on short-term catalysts such as ETF speculation and institutional inflows, BlockDAG’s growth is grounded in infrastructure, active user participation, and measurable utility [3].

From an analytical standpoint, the three projects reflect different approaches to crypto market dynamics. NEAR Protocol and TRUMP Coin are heavily influenced by external factors—ETF speculation and institutional movement—making them more susceptible to volatility. In contrast, BlockDAG’s sustained presale growth, supported by a large and engaged miner base and innovative features, presents a model of resilience through fundamental adoption and transparency. Analysts suggest that projects combining capital inflow with active user engagement tend to outperform in rapidly shifting markets [3].

BlockDAG’s progress underscores a growing trend in the crypto space: the rise of presale ecosystems that deliver tangible value before exchange listing. With its interactive tools and gamified mechanics, the project is redefining early-stage investment, offering a blueprint for sustainable growth in a market often driven by speculative hype.

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[1] NEAR Protocol Price Rally Smashes Barriers With $3.00 Target in Sight (https://cryptonewsland.com/blockdags-376m-presale-steals-spotlight-as-near-protocol-price-rally-and-trump-coin-news-chase/)