Watch as Kaspa (KAS) tests support, Hyperliquid (HYPE) dips, while BlockDAG hits $309.5M in presale funds and secures 20+ exchange listings, positioning for major growth.
Kaspa (KAS) price drop has traders questioning its momentum. The decline follows confusion around the project’s logo, but the network’s speed remains intact. Meanwhile, Hyperliquid (HYPE) short-term price cooled to $0.88 after a 6% slide. However, open interest near $10.1 billion indicates that bulls are still active.
On-chain data and funding rates remain positive for HYPE, suggesting a potential bounce shortly. Both of these stories are capturing attention, but BlockDAG (BDAG) stands out as the project drawing smart money.
With Stage 29 priced at $0.0276 and a confirmed launch price of $0.05, BlockDAG has seen a 2,660% surge in growth. With 2 million miners mining on its X1 app and 20 exchanges on board, it’s clear that momentum is building before retail even enters the scene.
Kaspa Branding Misstep: Is the Dip a Buying Opportunity?
Kaspa’s price fell below $0.17 after an analyst criticized the project’s recent rebranding, claiming the new logo was confusing. This critique sparked social media debates and eroded buyer confidence, causing KAS to hit an intraday low near $0.165 before experiencing a slight recovery. Trading volume also dropped, reflecting hesitation from short-term holders.
Despite the branding setback, the underlying fundamentals remain strong. Kaspa continues to confirm blocks in seconds, and mining activity is on the rise. Support is at $0.158, while the $0.18 resistance level needs to break for momentum to shift back upward. For long-term investors, this dip may present an opportunity to enter before confidence returns.
HYPE Drops 6%: Interest Signals A Potential Strong Rally
Hyperliquid’s HYPE token saw a 6% decline to $0.88 after a brief sell-off, following a strong rally the previous week. Despite this dip, open interest remains robust at $10.1 billion, and total value locked is still above $3.5 billion, signaling that traders remain engaged despite short-term price fluctuations.
Funding rates remain positive, indicating that buyers outweigh sellers, while the Relative Strength Index is resetting from overbought levels. Analysts predict a potential rally back toward $1.05 if volume picks up, as liquidity on Hyperliquid continues to grow. However, failing to hold the $0.80 support would invalidate the bullish scenario. For investors, this dip could offer an attractive entry point ahead of a potential rally.
BlockDAG’s Massive Adoption: 2M Phones Mining Daily as Launch Nears
BlockDAG is proving that real crypto adoption can happen before a token even hits exchanges. More than 2 million people across 150 countries are already using the X1 Miner App, collecting BDAG daily without any special equipment or added energy costs. This kind of user engagement took Bitcoin years to reach, but BlockDAG achieved it while still in presale.
With Stage 29 priced at just $0.0276 and a confirmed launch price of $0.05, BlockDAG is already creating a strong foundation. However, for a limited time, BDAG is still available for just $0.0018 per coin. With over $309.5 million raised, the presale is gaining traction from both retail and institutional backers, signaling growing confidence in the project.
BlockDAG’s technology is already in motion, with a live EVM testnet allowing developers to deploy smart contracts in minutes. Additionally, 20 exchanges are lined up ahead of listing, ensuring deep liquidity right from day one.
This combination of massive user engagement, working infrastructure, and guaranteed market access makes BlockDAG a standout in the crypto space. While many projects talk about future traction, BlockDAG is showing it in real time on millions of screens. By entering now, you join the network as it builds its momentum before launch, ensuring you’re ahead of the crowd.
Key Takeaways
Kaspa (KAS) price drop may attract bargain hunters, but a recovery will require a close above $0.18 with fresh volume. Without this, the drop could extend toward $0.158. Hyperliquid (HYPE) needs to hold support at $0.80 and break past $1.00 to regain momentum. Currently, traders are cautious in the short term.
Meanwhile, BlockDAG is focused on execution, not empty promises. With a live testnet, ongoing grants, and 20 exchanges preparing liquidity, the project is making real progress. The limited-time $0.0018 offer is available for a limited time, making BlockDAG an attractive choice for potential buyers heading into 2025.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/kaspa-struggles-hyperliquid-dips-but-blockdags-309-5-presale-earnings-2m-x1-users-make-it-the-crypto-to-watch-in-2025/