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Cryptocurrency News Articles

The crypto market is showing signs of renewed strength as major players like Ethereum (ETH) and Bittensor (TAO) project continued upside.

May 24, 2025 at 01:00 am

Ethereum is setting up for a possible move toward the $3000 level as exchange supply reaches historical lows. Meanwhile, Bittensor is gaining momentum

The crypto market is showing signs of renewed strength as major players like Ethereum (ETH) and Bittensor (TAO) project continued upside.

Crypto enthusiasts are closely following the movements of major players in the market, with Ethereum (ETH) setting up for a possible move toward the $3,000 level and Bittensor (TAO) continuing to gain momentum.

However, for investors seeking a high-upside, early-entry opportunity, BlockDAG (BDAG) is emerging as a different kind of contender. With over $264 million raised, a frozen price of $0.0020 until June 13, and a projected long-term target of $20, BlockDAG is offering structural value that most other coins can no longer match. It’s not just another presale, it’s shaping up to be one of the best-calculated crypto investments of 2025.

Ethereum Exchange Supply at Lows, $3K Price Target in Sight

On-chain data shows a significant drop in ETH’s exchange supply, which has fallen to its lowest level since 2015, according to a recent Ethereum price prediction published by CoinCentral.

This metric, often interpreted as a signal of long-term holding behavior, indicates that investors are pulling ETH off exchanges and storing it in private wallets, reducing sell pressure and supporting upward momentum.

Technical analysts believe Ethereum is setting up for a move toward $3,000, especially if it can maintain its current support levels and reclaim short-term resistance around $2,700.

With new Ethereum ETF products under review and institutional interest rising, ETH’s longer-term strength appears intact, paving the way for a substantial rally toward the crucial $3,000 resistance level.

However, for those seeking new presales with potential for 100x gains, Ethereum may not be the best option. Its vast market cap and mature stage mean that even a 2x or 3x move from here may not offer the same level of return as smaller-cap projects in earlier stages of their lifecycles.

Bittensor (TAO) Still a ‘Gift’ Under $700, Says Analyst

Bittensor (TAO) has emerged as one of the most discussed altcoins of 2024 and continues to attract interest into 2025.

A recent article from CaptainAltCoin highlights that TAO’s rally “isn’t over yet,” with analysts suggesting that the current price, hovering just below $700, remains a bargain.

The token operates a decentralized machine learning network that allows users to contribute to and benefit from shared AI models, giving it an edge in a market increasingly focused on AI and blockchain convergence.

Its deflationary model and limited supply, with only 1 billion tokens to be mined, further support the bullish sentiment.

While TAO may not deliver a 100x return from here, its fundamentals suggest consistent performance and strong ecosystem value. For those interested in AI-meets-crypto plays, Bittensor is certainly one of the more advanced and operational networks in the space.

BlockDAG: A Presale with Scale, Architecture, and ROI Built In

Unlike ETH and TAO, BlockDAG is still in its presale phase, but it’s already drawing deep interest from investors watching for the next 100x to 10,000x project.

With over $264 million raised so far and a frozen price of $0.0020 through June 13, the project offers something rare: early access with real infrastructure already in development.

The platform is EVM-compatible, enabling developers to deploy or migrate applications from Ethereum with minimal changes. A Low-Code Smart Contract Builder allows non-developers to create contracts using drag-and-drop tools, democratizing access to decentralized application development.

BlockDAG isn’t just raising funds, it’s creating a fun environment for its community with its Buyer Battles feature, which allocates 150 million BDAG tokens per day. If the full daily amount isn’t purchased, the remaining tokens go to the day’s largest buyer, turning the presale into a competitive event that rewards fast action.

A 25% referral program is also driving adoption, helping BlockDAG expand virally. But the biggest near-term milestone is the GO LIVE Reveal on June 13, when the team will announce the full list of 20 centralized exchanges where BDAG will be listed. Five are already confirmed, including MEXC, BitMart, CoinStore, LBank, and XT.com.

After June 13, the $0.0020 frozen price ends, and tokens will only be available via remaining presale batch prices, currently priced at $0.0262. With a projected post-launch valuation of $20 per token, today’s buyers are staring down a potential 10,000x return.

Final

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Other articles published on May 24, 2025