BlockDAG’s Live Testnet, 110K Users, & No-Code Tools Could Push It Past DOGE & ETH
Three key developments are unfolding across the crypto market, offering clues about where momentum may head next. Dogecoin (DOGE) recently dropped to $0.149—its lowest point since November—triggering strong trading activity and renewed whale interest. Futures data shows that 71.5% of traders are going long and expecting a potential recovery.
Ethereum (ETH) is showing strong technical indicators. Its RSI just touched a three-year low—levels that historically signaled 5,600% and 322% gains. Now near $1,500 and trading at a long-term low against BTC, ETH may be ready for a breakout to the $5K–$7K range. Still, BlockDAG (BDAG) appears to be gaining the most ground.
After launching Keynote 3, BDAG has surged 2,380% in its presale, sold 19.2 billion tokens, and raised $215 million—without any venture capital. In a market full of promises, BlockDAG is delivering early, making it one of the most promising projects heading into 2025.
Dogecoin’s Drop Could Set the Stage for a Recovery
Dogecoin (DOGE) slipped below its $0.16 support, hitting $0.149 in a recent market dip. It marked a new low since November, erasing recent gains. Yet, with trading volume reaching $3.51 billion and RSI approaching oversold territory, signs of a rebound are emerging.
Open interest in DOGE futures rose 4.68% to $1.35 billion, with over half of traders taking long positions. On Binance, 71.5% of positions are long—showing growing optimism among leveraged traders.
Whales are also getting active again, accumulating nearly 300 million DOGE in a major move not seen since March. If DOGE remains above $0.14 and demand continues building, a recovery could follow as market sentiment improves.
Ethereum’s RSI Suggests Upside—Could $5K Be Within Reach?
Ethereum’s RSI has fallen to levels not seen in three years—levels that came before two large rallies of 5,600% and 322%. Now hovering near $1,500, ETH could be close to a significant upward move. Its ETH/BTC ratio is also near a macro low, a point where Ethereum has historically outperformed Bitcoin.
Currently, ETH is testing a descending trendline that’s acted as resistance since March 25. A breakout could open the door to a major rally, while another rejection may push ETH back toward the $1,522 support level, which has held firm recently.
According to Coinglass, ETH futures saw $77.86 million in liquidations over the past day—$43.16 million in longs and $34.69 million in shorts. These numbers show how active and uncertain the current trading landscape remains.
With staking clarity from the SEC possibly coming later this year, and technicals pointing to a pivotal moment, Ethereum’s outlook is filled with both short-term pressure and long-term promise.
BlockDAG’s 2,380% Growth Signals It May Be Headed Toward $1
BlockDAG (BDAG) is gaining serious traction following Keynote 3, and its path to $1 is becoming more realistic. From an initial price of $0.001, BDAG has risen to $0.0248 in Batch 27—a 2,380% gain. With 19.2 billion tokens sold and $215 million raised, and no VC involvement, the community has driven this momentum.
BlockDAG’s progress goes far beyond presale hype. Its Beta Testnet is already live, with smart contracts and a revamped explorer in action. Over 110,000 users are receiving weekly airdrops, and the no-code Token and NFT Creator allows users to launch assets easily. Combined with live dApps and the upcoming BlockDAG Academy, this project is already delivering.
With real adoption growing and exchange listings approaching, BlockDAG’s current pricing may be one of the last low-entry points. A $1 BDAG would reflect a $150 billion market cap—placing it among the biggest names in crypto. As all the right pieces fall into place, BDAG could be a major winner in the next bull cycle.
The Outlook
Each of these cryptocurrencies offers something unique. Dogecoin’s price drop could attract traders looking for a quick bounce, although it remains largely driven by short-term sentiment. Ethereum brings long-term potential backed by strong fundamentals and network upgrades, but it’s now sharing investor focus with newer, utility-driven tokens.
This is where BlockDAG stands out. The project has already raised $215 million without VC backing, launched a working testnet, and enabled users to create NFTs and interact with smart contracts before its public launch. With over 110,000 users already onboarded and exchange listings on the way, its $1 target is looking more likely.
As the crypto market heads into 2025, BlockDAG combines early growth, live technology, and rising adoption. While DOGE and ETH have their roles to play, BDAG’s trajectory suggests it could be the one leading the charge.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Source: https://coincu.com/333067-doge-eth-or-bdag-which-token-could-lead-the-market-in-2025/