XRP News Today: BlockDAG Presale Price Slashes 92.7% to $0.0019, Offers 2520% Gains

Generated by AI AgentCoin World
Friday, May 9, 2025 12:52 pm ET2min read

BlockDAG has recently reset its presale price to $0.0019, a move that has sparked significant interest in the cryptocurrency market. This price adjustment is temporary and is expected to return to its original trajectory of $0.0262, potentially offering early buyers gains of up to 2520%. BlockDAG has already raised over $231.5 million and sold more than 19.7 billion coins, making it one of the fastest-growing presales this year. The price had been steadily climbing across batches before this flash drop, and all indicators suggest a quick return to normal levels once the rollback ends.

Beyond its pricing strategy, BlockDAG has gained momentum from its X1 Miner app, which is now used by over 1 million mobile users. Additionally, its Tap-to-Earn game has attracted 400,000 players, and 10,000 ASIC miners are being deployed ahead of the mainnet launch. The network is built on a hybrid PoW-DAG model, capable of handling 2,000–15,000 transactions per second, and supports DeFi tools, smart contracts, and real-time governance. These features make BlockDAG more than just another crypto presale; it is quickly becoming one of the highest trending cryptocurrencies for users looking for the next big opportunity.

The Litecoin (LTC) price outlook has taken a hit after the SEC delayed its decision on Canary Capital’s ETF proposal. Traders had hoped that Litecoin would follow Bitcoin’s lead and receive approval, but the regulator’s request for public comments pushed back the timeline. The market reacted swiftly, with LTC facing rejection at $89.3, a key 78.6% Fibonacci level. For bullish momentum to return, the price would need to break above $96.5, a move that seems out of reach for now. Technical signals are mixed, with the Awesome Oscillator showing slight upside momentum, while the Accumulation/Distribution indicator signals weak buying pressure. Currently, the price is stuck between $83.3 and $88.8, forming a short-term range. Without stronger sentiment, the Litecoin price outlook leans neutral to bearish, and LTC holders might see more sideways movement than breakout action.

The XRP price drop below the $2.20 level has triggered concern among traders. After failing to hold above $2.25, XRP broke through multiple support zones, including $2.18 and $2.12, hitting a low of $2.095 and now consolidating under the 100-hourly SMA. A bearish trend line has formed near $2.175, which could act as a ceiling if bulls try to push the price back up. Short-term resistance stands at $2.132 and $2.195, but any real recovery would need to take XRP back above $2.22. Otherwise, downside targets like $2.08, $2.05, and even $2.02 remain in play. Technical indicators show weakening demand, and the structure remains bearish. With the XRP price drop continuing and no clear bullish breakout in sight, many are watching closely for either a sharp bounce or further slide toward lower support zones.

In summary, the Litecoin price outlook has been dampened by the SEC’s ETF delay, and charts suggest LTC may remain stuck in a tight range. Meanwhile, the XRP price drop below $2.20 signals weakness, with lower support levels now under pressure. Both networks are showing signs of hesitation while market sentiment stays uncertain. BlockDAG, with its presale price slashed to $0.0019 and a planned return to $0.0262, offers an instant upside of 2520%. This rollback is limited and already drawing attention across the market. The $231.5 million raised and ecosystem strength only add to the momentum, making BlockDAG one of the highest trending crypto plays and moving faster than Litecoin or XRP.

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