BlockDAG’s $199M Presale Gains Massive Momentum — Can Ethereum’s Rebound or Onyxcoin’s Recovery Compete in 2025?

Buyers closely monitoring Ethereum (ETH), Onyxcoin (XCN), and BlockDAG (BDAG) face contrasting prospects. Ethereum’s price dip below $2,900, despite Bybit’s reserve recovery efforts, highlights ongoing market uncertainty with key support levels at $2,551 and $2,159 at risk. Onyxcoin’s 35% monthly plunge signals strong bearish momentum, making any short-term rebound speculative. 

BlockDAG, on the other hand, continues to defy market headwinds. With its $199 million presale, 18.5 billion BDAG coins sold, and a 2,380% ROI for early participants, BDAG is attracting both retail and institutional buyers. BlockDAG’s growth stems from real developments—including comprehensive audits by Halborn and Certik, a Bug Bounty Program, and a rapidly expanding ecosystem. 

Ethereum Struggles Below $2,900: Is a Rebound Coming or More Pain Ahead?

Ethereum (ETH) has dropped over 22% in the past month, with its price now hovering below the $2,900 resistance. Despite Bybit recovering 84% of its ETH reserves after a recent hack, selling pressure continues to weigh on the market.

Technical indicators reflect bearish momentum. Ethereum’s Relative Strength Index (RSI) plunged from 63.2 to 43, signaling weakened buying interest. The Directional Movement Index (DMI) also shows sellers gaining control, suggesting ETH could test lower supports at $2,551 or even $2,159 if the downtrend persists.

However, there’s a glimmer of hope. If Bybit fully restores its reserves, renewed market confidence could push ETH back toward $2,850. A successful break above $2,900 might trigger a rally to $3,020 or higher.

Onyxcoin Plunges 35%: Is a Rebound on the Horizon?

Onyxcoin (XCN) has dropped 35% over the past month, with a 19% loss in just the past week. Despite briefly bouncing back, the token is struggling under heavy selling pressure, now trading near a crucial support level of $0.014.

Technical indicators point to continued weakness. The Relative Strength Index (RSI) has fallen to 41.8, reflecting declining buying interest, while the Average Directional Index (ADX) at 25.2 signals a strong downtrend. If selling momentum intensifies, XCN could slip below $0.010.

However, if buyers step in, XCN could retest resistance at $0.0229, with a breakout potentially driving prices toward $0.0339. Buyers looking for high-risk, high-reward opportunities may find XCN appealing, especially if it regains momentum from its late-January rally. Still, caution is warranted as bearish trends remain dominant.

BlockDAG AMA Reveals Massive Growth and Incentives: Why Now Is the Time to Buy BDAG

BlockDAG’s latest AMA showcased significant progress, fueling investor excitement as its presale nears $199 million with over 18.5 billion BDAG coins sold at $0.0248. With the presale target set at $600 million and token prices climbing with each batch, market sentiment is shifting toward FOMO as buyers rush to secure BDAG at a lower price.

Security is a top priority for BlockDAG. Chief Security Officer Youssef Khaoulaj highlighted partnerships with leading blockchain security firms Halborn and Certik, ensuring the network undergoes comprehensive audits. These cover everything from blockchain protocols to smart contract safety, ensuring BlockDAG remains both functional and secure.

To further strengthen security, BlockDAG is launching a Bug Bounty Program—starting privately and later open to the public—to encourage community involvement in spotting and fixing vulnerabilities. These measures are designed to build trust and ensure BlockDAG remains a safe, transparent, and resilient platform as it grows.

With the mainnet approaching and incentives stacking up, BDAG’s rapidly growing ecosystem presents a rare opportunity. Buying now means positioning yourself ahead of potential price surges and future utility expansions.

Takeaway

While Ethereum’s potential rebound and Onyxcoin’s speculative recovery capture market buzz, BlockDAG’s momentum is driven by substance, not just sentiment. ETH faces technical hurdles and market volatility, while XCN’s steep losses raise caution flags. In contrast, BlockDAG’s presale success, bolstered by rigorous security partnerships and a proactive community engagement strategy, offers tangible upside. 

Its $600 million presale target is within reach, and with exchange listings imminent and the mainnet launch on the horizon, BDAG’s upward trajectory is supported by both investor enthusiasm and technological advancement. Buyers acting now can secure coins before potential post-listing surges. In a market where many projects rely on hope, BlockDAG delivers execution, making it the standout investment choice for 2025.

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.