Can BlockDAG's $30 Million Grants Program Turn Your Web3 Dreams into Reality?

Arbitrum's recent surge in DeFi adoption and Filecoin's strides toward decentralized storage dominance are reshaping the blockchain space.

Arbitrum’s recent surge in DeFi adoption and Filecoin’s strides toward decentralized storage dominance are transforming the crypto landscape. As Arbitrum navigates regulatory complexities and Filecoin enhances its data storage solutions, BlockDAG is preparing for something even more significant.

During its 5th AMA, BlockDAG made a groundbreaking announcement—a $30 million grants program. This initiative is offering a unique chance for developers, startups, and blockchain enthusiasts to secure grants ranging from $10,000 to $100,000, presenting a golden opportunity to realize their projects.

Moreover, BlockDAG has forged a partnership with Hacker Earth for hosting global hackathons, providing direct access to mentorship and valuable resources. Whether you’re developing a DeFi application, building advanced gaming infrastructure, or focused on tackling critical social impact challenges, this program invites every Web3 innovator to apply.

This initiative is launching at the perfect time, considering the Bitget Token price has been trending bearish. Bitget Token price is down 20.78% year to date, making it one of the worst-performing altcoins in 2025. The token slid further after notching a 400% gain in December 2024, which saw it hit $8.49.

The token's current slide seems to be driven by profit-taking activity and a broader market cooldown.

The Donald Trump-driven rally has fizzled out, and Bitget Token price is now feeling the heat as investors anticipate the token to rally once again if the broader market shows signs of recovery.

However, with no major catalysts on the horizon and the new year bringing fresh competition from projects like BlockDAG, which promise greater potential for long-term growth with its new grants program.

Also, the Pepe price prediction has been a hot topic in crypto today, with some asking if it can manage to topple Dogecoin.

A significant portion of Pepe's price surge can be attributed to the viral presence of the coin on Twitter, Reddit, and TikTok, which has ultimately led to a huge increase in its market cap.

However, the coin's complete dependence on meme culture and lack of real-world utility are raising concerns about its long-term prospects.

Without any robust fundamentals to underpin it, Pepe risks becoming another short-lived trend, and its price volatility may affect those who enter the trade later in greater magnitudes compared to early buyers.

While some price predictions for Pepe in 2025 are placing it at $0.5 or even $1, these price targets may be difficult to achieve unless there is a major shift in the coin's utility or market strategy.

The potential for FOMO-induced losses is high, especially as another project, Dawgz AI, is offering a unique approach with its AI-powered trading and staking rewards, presenting a potentially safer option for those seeking sustained growth.

Key takeaways:

The Bitget Token price trend is bearish, with BGB sliding 20.78% YTD, making it one of the worst-performing altcoins in 2025.

After a 400% rally in December 2024, which saw BGB hit $8.49, the token's current slide seems to be driven by profit-taking activity and a broader market cooldown.

However, despite the recent setbacks, long-term holders are increasing their commitments, with those holding BGB for more than a year seeing their aggregate holdings rise by 11%.

This resilience from long-term investors could provide some stability to BGB's price during turbulent market periods.

Despite the recent price downturn and turbulent market conditions, Bitget is actively expanding its services and offerings.

Earlier this month, Bitget announced the integration of its services with Terminal, a renowned cryptocurrency data aggregator. This partnership aims to provide Bitget users with even richer market insights and analysis.

In August, Bitget unveiled its new Spot Advanced Account, catering to experienced traders seeking greater flexibility and control over their trading strategies. The exchange also introduced a new cryptocurrency index futures product, expanding its derivatives portfolio.

These initiatives highlight Bitget's commitment to innovation and adaptation in the rapidly evolving digital asset landscape.

However, without any major catalysts and with new projects like BlockDAG offering interesting programs like a $30 million grants to fund startups, Bitget may face an uphill battle in the second half of 2025.