XRP News Today: BlockDAG Presale Hits $361M With 2,660% Price Surge

Generated by AI AgentCoin World
Monday, Aug 4, 2025 6:12 pm ET1min read
Aime RobotAime Summary

- Pi Network's price fell below $0.50, failing to meet $10 forecasts despite bullish technical indicators like RSI divergence.

- XRP gained institutional interest with whale accumulation and $3.00 support, but $3.30 resistance remains unbroken despite Ripple co-founder's sales.

- BlockDAG's $361M presale and 2,660% price surge highlight real-world utility through live trading dashboards and 20 exchange listings.

- Analysts caution Pi/XRP's speculative nature without catalysts, while BlockDAG demonstrates infrastructure progress with $7.6M mining revenue.

Pi Network has seen a decline in price, slipping below $0.50, with bullish forecasts—such as a $10 price target—failing to materialize in actual market performance. The coin has repeatedly stalled near the $0.49–$0.50 range, despite some technical indicators like the RSI suggesting a potential bullish divergence. However, low trading volume and weakening momentum have kept the price from breaking out of its range [1]. Analysts have noted that without an exchange listing or a significant product update, the $10 forecast remains speculative rather than actionable [2].

XRP, on the other hand, has shown signs of institutional interest, with large wallet addresses accumulating more of the token. Whale activity and increasing wallet numbers have supported the price around the $3.00 level. Some experts suggest that the price could eventually move toward $4, but a key resistance level at $3.30 remains difficult to break [3]. The recent sale of XRP by Ripple’s co-founder has added upward pressure, yet without stronger volume and buying interest, the bullish case remains uncertain. Analysts remain cautious until the $3.30 threshold is confidently cleared [4].

In contrast, BlockDAG has introduced a live trading dashboard, offering users early access to post-launch features before its official listing. The platform allows real-time trading, wallet updates, and round-the-clock activity. This initiative aligns with its broader strategy to demonstrate functionality ahead of its public release [5]. BlockDAG’s presale has raised $361 million, with 24.7 billion tokens sold across 29 batches. The price has seen a 2,660% increase from early stages [6]. A limited-time offer allows buyers to purchase BDAG at $0.0016 until August 11, a price significantly below its confirmed $0.05 launch price [7]. The project has already secured 20 exchange listings, further reinforcing its market readiness [8].

While Pi and XRP face challenges in converting hype into tangible market movement, BlockDAG is demonstrating real-world utility and infrastructure. The project is currently offering early access through its live dashboard, allowing users to engage with the platform ahead of the official launch [9]. With a mining segment already generating $7.6 million from the sale of 18,900 devices, BlockDAG is building momentum ahead of its public rollout [10].

[1] [2] [3] [4] [5] [6] [7] [8] [9] [10]

Source: [1][2][3][4][5][6][7][8][9][10] https://coinmarketcap.com/community/articles/68912e83d81833061c47eb8e/

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