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Cryptocurrency News Articles
IMX Price Forecast Updates as Immutable Labs Expands Web3 Gaming Network, Dogwifhat Breakout Leads Meme Coin Gains
Apr 29, 2025 at 01:00 am
Interest in IMX is rising again, with the latest IMX price forecast benefiting from major user expansion in Web3 gaming. Meme coins are also moving, and the Dogwifhat breakout is leading the action with a strong technical setup and surging volume.
Interest in IMX is rising again, with the latest IMX price forecast benefiting from major user expansion in Web3 gaming. Meme coins are also moving, and the Dogwifhat breakout is leading the action with a strong technical setup and surging volume.
But in a surprising move, BlockDAG has taken a strategic step. After gaining 2,380% since launch, it is temporarily rolling back its price to $0.0025 for three days. This presents a rare entry point, just ahead of an anticipated $0.05+ listing and long-term targets pointing toward $30 by 2030, encouraging early participation before BDAG reaches open trading.
IMX Price Forecast Strengthens Following Web3 Gaming Growth
The updated IMX price forecast shows growing optimism as Immutable's native token rose 42% in a single session, touching $0.64. A major driver of this rally is a 619% year-over-year rise in Monthly Active Users (MAU) within Immutable's Web3 gaming network.
This user expansion, fueled by the integration of Immutable's blockchain technology into games like Chainmonsters and Guild Of Coders, has boosted optimism in the IMX price forecast.
Further fueling bullish sentiment is increased whale activity, reflected by a rise in large transactions of 1 million to 10 million IMX. These trades have shot up by 387%, signaling the entry of larger players and potentially contributing to the recent price surge.
While the IMX price had dropped to $0.37 in March, it has since recovered, aided by a bullish divergence in Daily Active Addresses and a firmer Directional Movement Index, suggesting that the IMX price forecast could aim for the $1.08 range.
However, analysts advise caution, as technical overbought signals, specifically on the Relative Strength Index (RSI), may indicate a potential pullback in the IMX price before it can reach those projections.
Dogwifhat Breakout Signals Potential Move Toward $1
The Dogwifhat breakout has caught the eye of traders, as WIF recorded a 40% weekly gain, surging to $0.5363 amid a notable increase in trading volumes. This move came after WIF successfully broke above a descending trendline that had limited prior gains since February.
Technical analysis suggests that the breakout could lead to a doubling in price, with immediate resistance seen around the 50-period Exponential Moving Average (EMA) at $0.506. Additionally, traders will be watching for a break above the Fib 1.272 level at $0.52.
The high trading activity and rising interest in meme coins could support further gains in the WIF price forecast. However, to sustain this momentum and reach the next technical targets, WIF will need to secure a close above the Fib 1.618 level at $0.64. A failure to do so might indicate a return to the Fib 0.786 level at $0.39.
BlockDAG Rolls Back to Offer Rare Entry Point Before Listing
In a surprising move, BlockDAG (BDAG) is temporarily rolling back its price to $0.0025 for three days. This presents a rare entry point for participants, especially considering the anticipated listing at a higher price point, rumored to be around $0.05+.
Having already gained 2,380% from its initial presale price of $0.001 to $0.0248 by batch 27, BlockDAG is rolling back to $0.0025, offering an opportunity to participate in an asset that has seen consistent appreciation since launch.
This rollback is a strategic shift during a critical phase of expansion. After raising more than $218.5 million and distributing 19.4 billion tokens, BlockDAG is nearing a pivotal stage with the mainnet launch and listings on ten centralised exchanges. Both events are positioned to expand access and accelerate adoption significantly.
To engage the community further, BlockDAG has introduced Buyer Battles, a unique mechanism where 25 million BDAG coins are released daily, and any unsold tokens are awarded to the top buyer. This setup encourages larger purchases and keeps the community actively involved in the ongoing growth of the project.
This activity comes ahead of two major milestones: the mainnet launch and listings on ten centralised exchanges. Both events are positioned to expand access and accelerate adoption.
Analyst projections suggest a path where BDAG could reach $1 by 2025, $20 by 2027, and $30 by 2028. These forecasts align closely with BlockDAG's presale achievements and the potential for sustained community engagement.
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