WLD and FET Stall While BlockDAG Surpasses 60% of $600M Presale Target

Worldcoin (WLD) remains range-bound near $1.07, confined within a descending wedge pattern that has persisted since early 2024. Despite consistent trading volume exceeding $188 million in the last 24 hours, the token has yet to break through the $1.40 resistance level [1]. Analysts note that a sustained upward move above the mid-Bollinger Band would be necessary to signal a potential breakout. Current RSI readings sit near 50, indicating a relatively neutral sentiment with no strong bullish or bearish bias [1].

Meanwhile, Fetch.ai (FET) faces a bearish pattern as it defends support at $0.6985. The token is currently in a downward channel and forming a bearish ABCD fractal pattern, a setup previously associated with a 33% price drop in mid-2024 [1]. The most recent pullback from $0.7291 has positioned FET just above the 50-day moving average, but continued weakness could push the price toward $0.4447 if the current support fails [1].

In contrast, BlockDAG (BDAG) is capturing attention with rapid progress in its presale. As of the latest update, the project has raised more than $371.5 million, exceeding 60% of its $600 million target [1]. Over 25 billion BDAG coins have been sold to a growing community of more than 200,000 holders. Batch 29 is currently available at $0.0276, and with a projected post-launch price target of $1, investors in this batch could potentially see a 3,522% return. For those who participated in the first batch, gains have already reached 2,660% [1].

The BlockDAG ecosystem is also gaining momentum, with over 4,500 developers preparing more than 300 web3 projects. The X1 Miner app has surpassed 2.5 million users, and physical miner sales have reached 19,200 units, contributing an additional $7.7 million to the presale total [1]. Large-scale buyers have played a significant role in accelerating progress, locking in substantial early portions of the presale and narrowing the window for future investors to access lower entry prices.

While WLD and FET remain in prolonged consolidation phases, BlockDAG’s rapid fundraising and expanding user base position it as a standout among emerging crypto projects. With the presale moving swiftly toward its $600 million goal and a clear path to projected returns, BDAG’s trajectory offers a compelling case for investors seeking high-growth opportunities in the current market environment [1].

Source:

[1] WLD and FET Struggle for Traction While BlockDAG Hits 60% of $600M Presale Goal (https://cryptonewsland.com/wld-and-fet-struggle-for-traction-while-blockdag-hits-60-of-600m-presale-goal/)