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Cryptocurrency News Articles

BlockDAG (BDAG) Launches Gamified Testnet Campaign with $60K in Rewards

Mar 22, 2025 at 06:56 am

The latest Polkadot (DOT) price analysis shows bears tightening their grip, with DOT hovering below $4 and at risk of dipping toward $3

BlockDAG (BDAG) Launches Gamified Testnet Campaign with $60K in Rewards

In the ever-shifting landscape of cryptocurrencies, BlockDAG is carving its own path. While DOT flirts with a five-year low and PEPE attempts a rebound with a 13% daily surge, BlockDAG is doing something different—and way more interactive.

After six AMAs packed with updates on BlockDAG’s journey, the project just flipped the switch on a gamified testnet campaign. Over 110,000 users will be getting 10,000 testnet tokens each, and the most active participants will split $60,000 in BDAG.

That’s a $2,000 prize for the top 30 wallets based on activity, mining, and balance—a new level of engagement compared to typical testnet programs. It’s also a unique take on community involvement, especially with BlockDAG’s presale already exceeding $205 million.

But how did BlockDAG get here, and what’s next for this rapidly evolving project?

While Polkadot (DOT) grapples with sellers and the potential for a triple-bottom pattern, BlockDAG is launching a testnet competition.

The latest Polkadot (DOT) price analysis shows bears tightening their grip as DOT struggles to stay above $3.95. After getting rejected at $4, the coin resumed its downtrend and is now just above the $3.65 weekly low.

If that support breaks, it could set the stage for a deeper decline toward $3.20 or even $3.00—levels last seen in five years. Meanwhile, daily volume is falling, which bodes poorly for bulls and reduces the chance of a swift recovery.

However, there’s still a slim possibility for a rebound if buyers manage to defend the $3.65 area effectively. A push above $4 could open up retracement targets at $4.70 and $5.30, with $6 sitting higher up.

But given the current momentum and bearish bias, that scenario seems unlikely unless there’s a significant shift in sentiment.

For now, Polkadot (DOT) price analysis leans bearish, and DOT holders may need to prepare for more downside pressure, especially if buyers don’t step in and take control.

The latest PEPE price prediction shows a strong 13% daily rebound after several weeks of decline.

After hitting a yearly low of $0.0000052 on Tuesday, the meme coin showed some signs of recovery, bouncing back above the $0.000007 level.

The move was also characterized by a bullish engulfing candle, which showed buyers stepping in and pushing the price higher. This move was also backed by increased volume, which is usually a sign of strong institutional interest.

However, the move isn’t fully confirmed yet. The next key resistance level is the $0.0000089 monthly high, which could be a deciding factor for the meme coin’s next move.

If PEPE manages to break through this level, then the next logical target is the $0.0000114 Fibonacci level, followed by the $0.0000147 resistance.

But if it gets rejected again, then the price might drop back to the $0.00000526 support level or lower.

For now, PEPE price prediction leans cautiously optimistic, with the coin currently leading daily gains among altcoins.

Polkadot (DOT) price analysis shows continued downside pressure as the coin struggles to stay above $3.95.

A rejection at $4 pushed DOT back into bearish territory, setting the stage for a test of the $3.65 weekly low. If that support breaks, it could open the door for a deeper decline toward $3.20 or $3.00—levels last seen in five years.

Moreover, daily trading volume is steadily decreasing, setting a bearish tone and reducing the likelihood of a swift price recovery.

However, if buyers manage to defend the $3.65 area well, it might pave the way for a potential recovery. A push above $4 could bring the coin toward Fib ​​re ​​trage at $4.70 and $5.30, setting the stage for a broader upward move.

If sellers manage to maintain control and push DOT below $3.65, it could set the stage for a continuation of the broader downtrend, setting sights on Fib ​​re ​​trage at $3.20 and $3.00.

Despite the gloomy outlook, a shift in sentiment could still favor buyers, setting the stage for a recovery toward the $4.70 and $5.30 levels.

Currently, Polkadot (DOT) is trading at $3.64.

The latest PEPE price prediction shows

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Other articles published on Mar 23, 2025