XRP News Today: BlockDAG Secures $374.5M Presale Amid Ondo 2.22% Gain and XRP's $7-10 Price Target

Generated by AI AgentCoin World
Saturday, Aug 16, 2025 8:15 am ET1min read
Aime RobotAime Summary

- BlockDAG secures $374.5M presale with $0.0276 price in Batch 29 and $0.05 post-launch target.

- Gamified "Buyer Battles" system and 20 confirmed exchange listings drive engagement and market access.

- Referral program offers 25% BDAG rewards, contrasting Ondo's 2.22% 24h gain and XRP's $7-10 price targets.

- XRP analysts highlight $415B-$600B market cap potential if it reaches $7-10 price levels.

- BlockDAG's structural growth strategy differs from short-term momentum-driven projects like Ondo and XRP.

BlockDAG has emerged as a prominent name in the crypto market, having raised $374.5 million in its presale, with the price currently at $0.0276 in Batch 29 and a confirmed post-launch price of $0.05[1]. The project’s innovative "Buyer Battles" system has further fueled interest by turning presale participation into a competitive daily event, where top buyers each day can claim remaining unsold tokens at no extra cost[1]. This gamified approach has helped maintain consistent engagement and liquidity. BlockDAG also boasts 20 confirmed exchange listings, including MEXC, BitMart, and LBank, ensuring broad market access post-launch. Additionally, a referral program offering 25% in BDAG tokens to referrers and a 5% bonus for referred buyers amplifies its growth potential[1].

While BlockDAG is building long-term infrastructure and adoption, other projects such as Ondo and

are drawing attention for their short-to-medium-term price movements. Ondo’s price has risen by 2.22% in the last 24 hours to $1.04, trading above key moving averages, including the 7-day and 20-day SMA. Technical indicators like RSI at 59.92 and a positive MACD histogram suggest ongoing bullish momentum[1]. The next level of resistance for Ondo is at $1.17, and a breakout could lead to a 12% gain, while traders monitor the $0.84 support level[1].

XRP has also captured investor attention with its projected movement into what analysts describe as the final leg of an Elliott Wave 5 rally. Following a 129% recovery from $1.60 in April to $3.66 in July, the asset now eyes targets between $7 and $10[1]. If XRP reaches $7, its market cap would climb to approximately $415 billion, positioning it alongside major global brands. At $10, the market cap could approach $600 billion, rivaling industry leaders like Visa[1]. Analysts emphasize that market sentiment and volume will be critical in determining whether this ambitious price target is achieved[1].

BlockDAG, in contrast, is building a more structural case for long-term growth. Its presale performance, confirmed exchange listings, and community-driven incentives set it apart from projects relying primarily on technical momentum. The project's approach not only aims to generate early interest but also ensures that it is well-positioned for sustained adoption post-launch. This structured development path suggests BlockDAG could emerge as a key player in the next crypto market cycle[1].

Source:

[1] BlockDAG’s $374.5M Presale & Buyer Battles Put It Ahead of the Ondo Price Surge & XRP Price Outlook

https://coinmarketcap.com/community/articles/68a073c098c3fa6526b9572f/