Explore why MYX struggles at $19, as Mantle surges to $1.62 ATH. Find out about BlockDAG’s 3M miners & $406M presale that makes it the fastest-growing crypto of 2025.
The crypto market is buzzing with mixed fortunes as speculative tokens, institutional-backed plays, and emerging giants all carve out their paths. MYX Finance is grappling with skepticism after explosive gains left traders cautious around the $19 level, while Mantle has surged to a fresh all-time high of $1.62, riding on big exchange listings and sharp liquidity inflows.
Yet, beyond these immediate battles, BlockDAG (BDAG) has cemented its leadership narrative, celebrating over 3 million miners on the X1 mining app, 312,000+ unique holders, and a record $406 million raised in presale. With its Awakening Testnet on the horizon, BlockDAG isn’t just chasing headlines; it’s laying infrastructure for global adoption. As momentum shifts, traders must weigh short-term speculation against long-term credibility and adoption.
MYX Finance Struggles at $19 Amid Airdrop Allegations
MYX Finance has been the subject of intense speculation after its meteoric 1200% rally earlier this month. Trading around $17.80, the token faces stiff resistance near $19.20, a level that has repeatedly rejected bullish attempts.
Technical patterns show an ascending wedge narrowing price action, with the Parabolic SAR flashing bearish after the most recent rejection at $19.00. Support sits at $16.80, with risks of a pullback to $15.00 if buyers fail to defend the zone.
Adding to the pressure are airdrop allegations, with blockchain analytics firm Bubblemaps flagging nearly 100 wallets that collectively claimed 1% of the token supply. Critics argue this raises red flags of manipulation, though MYX’s team has denied wrongdoing, citing fair distribution.
While bulls argue the consolidation is healthy, analysts remain divided. A breakout above $19.20 could push MYX toward $20.50–$22.00, but failure to clear resistance could stall momentum and reinforce skepticism about its sustainability.
Mantle Hits $1.62 ATH With Big Exchange Backing
While MYX grapples with controversy, Mantle has surged into the spotlight with a new all-time high of $1.62, extending a 60% gain over the past month. Momentum spiked after Bybit added Mantle with 21 trading pairs alongside a $60,000 reward campaign, instantly boosting liquidity.
At the same time, Coinbase introduced Mantle futures trading on its international platform, opening exposure to institutional participants. Together, these moves triggered a wave of adoption, with Mantle’s market cap topping $5.2 billion and 24-hour trading volume soaring 42% to $703 million.
Mantle’s breakout is more than just speculation; it’s a sign of exchange-driven legitimacy. Clearing the $1.50 resistance confirmed bullish control, with analysts eyeing higher levels if buying persists.
However, rapid runs often invite profit-taking, and traders will be watching closely whether Mantle holds above $1.50. For now, the breakout has positioned MNT as one of the top-performing cryptos of September, gaining traction both with retail and institutional backers.
The True Market Leader: BlockDAG Gains 3M Miners & Raises $406M
Amid the noise of short-term rallies, BlockDAG (BDAG) continues to establish itself as the fastest-scaling crypto of 2025, backed by hard adoption metrics rather than speculative surges. The project recently hit 3 million users mining via its X1 app, alongside the ongoing shipment of over 19,900 X-Series hardware miners across more than 130 countries, scaling toward a capacity of 2,000 units per week. This miner army proves that BlockDAG’s infrastructure is live and operational ahead of its mainnet launch.
Credibility is further reinforced by the ecosystem’s growing community footprint. With more than 312,000 unique holders and a thriving social base of 325,000+ members, BlockDAG is adding over 1,000 new holders daily. Its presale has now surpassed $406 million raised, with $40M of that in the past month alone, averaging more than $1M daily inflows. This is a testament to relentless buyer confidence.
The upcoming Awakening Testnet launch on September 25 will mark a critical milestone, activating core blockchain infrastructure and integrating live miner participation through the Stratum protocol. This phase will also deliver account abstraction, vesting contracts, and explorer tools for real-time transparency. Together, these advancements highlight a project that isn’t just marketing ambition but actively delivering on it.
With the presale price currently locked at just $0.0013 until October 1 and a confirmed mainnet listing price of $0.05, early buyers stand to see exponential ROI at launch. Unlike speculative meme surges, BlockDAG is cementing itself as a credible, infrastructure-backed top crypto for long-term adoption.
Key Takeaway
The current crypto space is a vivid snapshot of contrast. MYX Finance faces resistance at $19 while battling controversy over its airdrop structure, leaving traders cautious. Mantle, by contrast, has delivered a clean technical and exchange-backed breakout to $1.62, proving the power of institutional and retail alignment.
Yet, when it comes to sustained growth and real-world adoption, BlockDAG remains unmatched. It’s more than 3 million miners, $406M+ presale, and the upcoming Awakening Testnet rollout paint the picture of a project executing at scale, not just promising it.
As speculative plays and exchange-driven rallies come and go, BlockDAG’s infrastructure-first strategy is solidifying its place among the most credible and ROI-rich opportunities in crypto today. For long-term crypto buyers, the signal is clear.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.