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Cryptocurrency News Articles
BlockDAG (BDAG) Eyes $2B Market Cap as Presale Nears $200M Milestone
Feb 28, 2025 at 08:00 am
Buyers weighing Pi Network (PI), Binance Coin (BNB), and BlockDAG (BDAG) are seeing three vastly different stories unfold.
Buyers are pivoting their attention to three vastly different crypto projects: Pi Network’s (PI) 173% rally has it shot at $2. Binance Coin (BNB) teeters near $600 as bearish indicators suggest further downside. However, BlockDAG (BDAG) continues its upward march with a $199 million presale, 18.6 billion BDAG sold, and early buyers already realizing a 2,380% return on investment.
Those who purchased 10,000 BDAG at the beginning of the presale, when the price was $0.0248, have seen their investment rise to an incredible $238,000. As BlockDAG rapidly approaches its $600 million presale goal, time is running out for those who wish to join in on this remarkable journey.
Those interested in learning more about the latest developments from BlockDAG, Binance Coin, and Pi Network can tune into the 2025 crypto AMAs.
Pi Network’s PI Token Eyes $2 After 173% Surge—What’s Next?
Pi Network’s (PI) token has rebounded significantly after a post-launch slump, increasing by 173% from its $0.60 low to reach $1.64. The rally is fueled by rising demand and speculation about a potential Binance listing, with over 86% of 212,000 votes supporting the move.
Technical indicators suggest that bullish momentum could continue. The Relative Strength Index (RSI) stands at 63.40, indicating strong buying interest, while the Balance of Power (BoP) at 0.41 suggests that buyers are still in control. Moreover, PI’s price has managed to stay above an ascending trendline since its launch, reinforcing the uptrend.
If demand persists, PI could break through the $2 mark and aim for its all-time high of $2.20. However, if profit-taking accelerates, a pullback to $1.34 is more likely. For buyers entering at current levels, PI’s momentum presents an opportunity for gains but also calls for vigilance.
BNB Teeters Near $600: Can Bulls Regain Control?
Binance Coin (BNB) is showing signs of short-term bearish pressure despite increasing interest in the ecosystem. The token has decreased by over 3% in the past week, and technical indicators suggest that the market is becoming less decisive.
While trading volume has surged to new highs—surpassing Solana’s trading volume—the price is still facing resistance. The Average Directional Index (ADX) (14) stands at 14, indicating weak trend strength, and the Directional Movement Index (DMI) shows that sellers are still slightly outpacing buyers.
Furthermore, the Ichimoku Cloud suggests that BNB is approaching a crucial juncture. It is currently trading below the Kumo Cloud, which indicates weakness, and the price is testing the Kiyun line, a key resistance level.
If the bears maintain control and push the price lower, BNB could test the support at $629. A more significant selloff could drive the price toward $589. Conversely, a bullish reversal from current levels could propel BNB back to the $685 resistance. A sustained breakout above this zone could open the door for a rally to $731.
AMA Updates: BlockDAG’s Near $200M Presale and March Beta Testnet Launch
Time is running out to join one of crypto’s fastest-moving projects. In its 5th AMA on February 20, 2025, BlockDAG (BDAG) shared game-changing updates that have the community buzzing. The project’s presale is closing in on $200 million, with over 18.6 billion BDAG coins sold at $0.0248.
For those who joined early, the returns are staggering—early buyers are already scooping up 2,380% ROI. Those who purchased 10,000 BDAG at the beginning of the presale, when the price was $0.0248, have seen their investment rise to $238,000.
But that’s not all. BlockDAG is also taking major steps to strengthen its mining ecosystem. The team is in talks with leading hardware manufacturers to develop and optimize mining rigs specifically for the BlockDAG chain. To ensure optimal performance and efficiency, they are also selecting 100 global beta testers to assess the equipment’s capabilities.
In other news, BlockDAG’s beta test net is set to launch in March 2025, marking a significant milestone for the project. Jeremy, the Chief Technology Officer, shared that the team is fully committed to ensuring the network
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- Saudi Arabia Launches New Web3 Alliance to Boost Digitization Efforts
- Feb 28, 2025 at 04:25 pm
- Saudi Arabia has launched a new Web3 alliance designed to improve the pace of digitization in the Gulf nation, drawing participants from a pool of global and local ecosystem players with streaks of government support.
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