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Cryptocurrency News Articles
BlockDAG (BDAG) Raises $264M in Presale, Offers $0.0020 Entry Price Until June 13
May 24, 2025 at 11:18 am
With crypto markets gaining traction again, newer tokens and large-cap staples alike are drawing investor interest.
In the dynamic landscape of crypto markets, where interest spans both newer tokens and large-cap staples, Mantra (OM) saw triple-digit gains. Meanwhile, Cardano (ADA) is flashing bullish signals with analysts forecasting a move toward $0.85. These trends highlight a broader shift in capital back toward Layer-1 protocols and exchange-favored tokens.
As Mantra rides the momentum of short-term events and Cardano positions for its next technical breakout, another name is climbing the ranks for a different reason: BlockDAG. Still in its presale phase, BlockDAG has already raised $264 million and offers investors a $0.0020 entry price.
This price is frozen well below the current batch rate of $0.0262, giving new investors over 13x more tokens per dollar than later participants. The long-term projection? A price of $20, setting up a high triple-digit return potential.
Mantra (OM) Surges 14% After Upbit Listing
Mantra (OM) made headlines this week as Upbit, South Korea’s largest crypto exchange, announced an addition of the token to its trading platform. According to The Market Periodical, the news sent OM surging by 14%.
The listing news from Upbit sparked immediate interest, especially among Korean traders. As expected with regional exchange listings, the surge was led by KRW trading pairs, boosting both volume and visibility.
OM is the native token of the Mantra Chain, a project focused on regulated DeFi and real-world asset tokenization. It has found a niche among investors looking for platforms that align with future regulatory frameworks while still offering decentralized access.
The recent listing is a strong credibility boost, but whether the token can sustain growth after the hype fades and broader investor interest arrives remains to be seen. Many such exchange-driven rallies deliver short bursts of volatility followed by consolidation or pullbacks.
While Mantra has strong use-case potential and community backing, it’s still in the early stages of adoption. Investors chasing a 14% move may want to consider the long-term implications versus the flash pump dynamics typically seen after new listings.
Cardano (ADA) Price Forecast: ADA Could Hit $0.78-$0.85 in 2025
In other news, Cardano (ADA) is making its case for a return to form after months of quiet technical buildup. According to a new forecast by TronWeekly, ADA is showing bullish price structure with upside targets set between $0.78 and $0.85.
The analysis notes that Cardano’s price has been largely contained within a rising wedge pattern, which bodes well for continuation in the direction of the wedge’s apex. At present, the wedge is converging around the $0.60-$0.65 zone, suggesting that a breakout from this range could determine the next leg of ADA’s move.
If the price manages to break above the wedge resistance, then the next logical target is the 1.272 extension level of the 2023 rally. This Fib level is located around $0.78, which also coincides with the 0.382 Fib retracement of the entire 2022 bear market.
A break above the 1.272 Fib and the 0.382 Fib is largely dependent upon the broader market conditions. In a strong bull market, a move toward the 1.618 Fib, located at $0.85, cannot be ruled out. However, if the market begins to weaken, then the apex of the wedge, around $0.65, provides support.
The analysis concludes that traders should keep an eye on the broader market trends and adjust their entries and exits accordingly. In a strong bull market, a move toward $0.78-$0.85 seems likely, but in a weaker market, the apex of the wedge, around $0.65, could provide support for a pullback.
BlockDAG: Asymmetric Opportunity at $0.0020
In contrast to Cardano’s incremental climb and Mantra’s exchange-driven spike, BlockDAG presents something far more compelling: an early entry into a new crypto infrastructure with a high ceiling and a short window of access.
Currently in Batch 28, BlockDAG has already raised $264 million and still offers a $0.0020 entry price. This price will remain accessible until June 13, after which it will shift to batch pricing, highlighting the urgency of entering now.
The entry price has been frozen well below the current batch price, which started at $0.0256 and is now at $0.0262. This difference is crucial, as it grants early investors over 13x more tokens per dollar compared to later participants.
The varying values across
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- Lamar Odom Makes a Striking Appearance at Donald Trump's Exclusive Meme-Coin Gala
- May 24, 2025 at 10:55 pm
- In a move that left spectators and enthusiasts alike in a state of surprise and curiosity, Lamar Odom, the former Lakers star, made a striking appearance at an exclusive meme-coin gala hosted by none other than Donald Trump.
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- The Cardano (ADA) Price Rally Required to Flip USDC Hinges on a Potential Breakout Past the Psychological Level of $1
- May 24, 2025 at 10:50 pm
- The Cardano price rally required for ADA to flip USDC hinges on a potential breakout past the psychological level of $1, assuming its circulating supply of 35.32 billion tokens remains unchanged.
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