XRP News Today: BlockDAG Secures $309.5 Million Presale Funding With Active Ecosystem XRP Trades At $2.17 Amid Legal Developments And ETF Talk Litecoin Consolidates Between $88 And $93.50 Awaiting Breakout

Generated by AI AgentCoin World
Wednesday, Jun 18, 2025 8:14 pm ET2min read
XRP--

BlockDAG, a cryptocurrency project, has secured over $309.5 million in presale funding and is set to launch with a structured six-week execution roadmap. Unlike many other projects, BlockDAG is not waiting for its public debut to start delivering on its promises. The project has already activated its testnet, and 40% of the presale allocation will be distributed through airdrops before the public launch. Additionally, core decentralized applications (dApps) are already active, and the ecosystem is live with developers building in real time. This proactive approach has positioned BlockDAG as a strong contender in the cryptocurrency market, with many viewing it as one of the best cryptocurrencies to buy today.

BlockDAG's next presale phase is crucial as it will fund deeper liquidity setups across 20 exchanges, including five tier-one exchanges. This phase also includes the setup of an over-the-counter (OTC) desk, miner distribution, and the expansion of decentralized finance (DeFi) services. Each of these steps is scheduled to go live by or during the listing, ensuring that the launch is backed by structureGPCR-- rather than hype. This proactive model is a key reason why BlockDAG is widely seen as a top cryptocurrency to invest in today. Tools such as a no-code builder, live testnet, and early grants are already in use, demonstrating that BlockDAG is focused on results rather than promises.

XRP, another cryptocurrency, is currently trading around $2.17, supported by recent legal developments. A joint motion filed by Ripple and the SEC on June 12 suggests that the legal case might be nearing its end, adding optimism for institutional participants and exchange platforms. Chart watchers note resistance at $2.33, and a surge in volume could push XRP above this level. Talk of a potential exchange-traded fund (ETF) is also resurfacing, which could further boost interest in XRP. With a market cap above $127 billion and steady volume, XRP's moves are backed by real developments rather than mere speculation. The legal outcome will be key in shaping the next phase for XRP.

Litecoin (LTC) technical analysis shows a tight consolidation between $88 and $93.50, with patterns such as a symmetrical triangle and ascending channelCHRO-- forming. These patterns often precede strong breakouts, and a clear move above $93.50 could open the door to $110 in the short term. Strong support at $87.50 provides a safety net for bullish traders. Momentum signals such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) remain neutral, indicating a buildup. Increased on-chain activity and speculation about an ETF are adding to the interest in LTC. Overall, the chart setup supports a breakout scenario if market sentiment shifts toward risk-taking.

In summary, Litecoin's technical analysis hints at a potential upside, with charts showing pressure against key resistance. Meanwhile, XRP's price is supported by steady legal progress and renewed exchange attention. BlockDAG's growth, on the other hand, is driven by actual execution. With $309.5 million already raised and a full roadmap outlining key rollouts, the project is delivering on its promises. Smart contracts, exchange preparations, airdrops, and dApps are being activated, positioning BlockDAG as a top cryptocurrency to buy today, especially while the presale offer is still active and the final rollout phase begins.

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