PEPE Price Action Crashes, ETH Support Holds, BlockDAG’s 100M Coin Airdrop Becomes Market Focus
The crypto market is pivoting again, this time toward engagement-driven opportunities. Ethereum (ETH) whales are loading up while prices stay close to $2,200. PEPE, meanwhile, has plunged 18% in just one week, triggering fears of more losses as technicals weaken. But while most are caught in the noise, one project is making waves for a very different reason.
BlockDAG has officially rolled out its 100 million coin airdrop, marking a clear move toward grassroots traction. It’s not just drawing attention, it’s driving real usage. As meme coins and Layer 1 names wobble under market pressure, BlockDAG is executing methodically. With PEPE price action in freefall and Ethereum (ETH) whale accumulation sparking recovery talk, BlockDAG is quietly stepping into the spotlight as a top crypto to buy heading into the next cycle.
PEPE Takes a Hit as Whale Dump Triggers Steep Decline
After riding waves of speculative hype, PEPE is now crumbling under heavy selling. In the last 7 days, it has dropped 18%, falling through both its 50-day and 200-day moving averages. The slide was kicked off by a whale who offloaded 2.2 trillion coins, about 0.5% of the entire supply.
In meme coin markets with thin liquidity, exits of this size often speed up the losses. With the MACD histogram flipping into negative territory and RSI approaching oversold levels, the technical outlook offers little optimism. While a few traders are hoping for a short-term bounce, the overall PEPE price action shows major players are backing off, and fresh demand is missing.
Bitcoin dominance is up, altcoin attention is fading, and PEPE is losing ground in the capital shuffle. It soared in 2024, but by 2025, it’s struggling to stay relevant. The market is clearly favoring assets that provide actual utility, not just meme status.
Ethereum Whale Buys $39M in ETH While Price Stabilizes Around $2,251
Ethereum is showing early signs of regaining ground after a recent drop, trading near $2,251. A notable whale has scooped up 17,070 ETH worth $39 million, increasing their holdings to more than 132,000 ETH, valued over $300 million. This move brings renewed focus to the $2,100 support level, which remains intact despite shaky sentiment among retail buyers.
Analysts suggest that Ethereum needs to reclaim $2,350 to signal a proper rebound. That level, once strong support, is now acting as resistance. If it fails to break through, ETH could fall back toward $1,870, where its May rally began. Some technical analysts believe ETH is forming a “Power of 3” accumulation pattern, hinting at a reversal ahead.
With Ethereum (ETH) whale accumulation increasing even after a 14% weekly dip, market watchers are closely tracking this $2,100 to $2,350 range for any sign of momentum from buyers.
BlockDAG’s Airdrop Drives Action, Not Just Hype
The 100 million coin airdrop from BlockDAG isn’t another passive giveaway; it’s a full-scale growth model. The campaign covers four tracks: Testnet Quests, Presale Quests, Social Quests, and Referral Quests. These aren’t gimmicks; they reward real involvement. Participants test the DAG-based chain, deploy contracts, use the wallet, and invite others to join.
This isn’t about hype, it’s about utility. Every completed task feeds directly into the ecosystem, helping BlockDAG scale while gathering user feedback on the fly. The project is aiming for 10 million users, and this airdrop is a key part of that plan. At the same time, it’s gaining visibility right when attention is shifting from speculative assets to infrastructure with real use.
Currently in batch 29 of its presale, BDAG is priced at $0.0080. So far, BlockDAG has raised over $325 million from contributors across the globe. With a launch target of $0.05, this sets up a potential 15x return for new entrants.
Meanwhile, the X1 app, which enables tap-to-mine on mobile, has already crossed 2 million active users. A possible U.S.-based sponsorship campaign teased by BlockDAG’s marketing team signals an even bigger push into the mainstream.
Key Insights
Ethereum is hovering near major levels and PEPE is buckling under whale pressure, but the spotlight is shifting toward projects making real moves. BlockDAG fits that description. Its airdrop isn’t about freebies, it’s about scaling the network with structured user action. More than 2 million users are already engaged through the X1 mining app. Batch 29 still offers a chance at 15x returns between presale and launch, and the $325 million already raised shows strong backing.
As Ethereum (ETH) whale accumulation grows and PEPE price action slides further, BlockDAG’s consistent execution stands apart. It’s not depending on hype. It’s building with product, people, and measurable progress.
For those searching for the next top crypto to buy, the signs are getting harder to ignore. BlockDAG may be the most underestimated contender in the entire market right now.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Source: https://coincu.com/345839-123-blockdag-100m-airdrop-takes-off-while-pepe-slides-eth-whales-load-up/