ETH Slips & DOGE Stalls: BlockDAG Raises $260M in Record Time, Emerging as a Top 2025 Crypto Pick Priced at Just $0.0020! – Coincu

The post ETH Slips & DOGE Stalls: BlockDAG Raises $260M in Record Time, Emerging as a Top 2025 Crypto Pick Priced at Just $0.0020! – Coincu appeared on BitcoinEthereumNews.com. As the crypto market weathers another wave of turbulence, investors track which projects still show real upside potential. Ethereum has dropped below the $2,600 mark and is now holding near $2,400. While momentum has slowed, on-chain data points to accumulation, hinting at a possible rebound ahead. Dogecoin pushed above $0.2320 but was quickly rejected near $0.2380 and has since dipped below its 100-hourly moving average. ETH and DOGE continue to benefit from strong communities, but neither currently presents a clear catalyst for short-term movement. BlockDAG (BDAG) is taking a completely different route. With $260 million raised, a locked price of $0.0020, and a projected ROI of 2,520%, it leads early-stage momentum. Buyer Battles, upcoming mining hardware, and the June 13 GO LIVE exchange reveal across 20 platforms add fuel to its rising profile. Ethereum Enters Accumulation Zone as MVRV Ratio Drops Ethereum’s recent pullback has sparked debate about the strength of its current trend. After failing to hold above $2,600 on May 18, ETH slipped to just above $2,400, raising concerns about weakening momentum. However, analysts at CCN believe this move could signal short-term consolidation rather than a full reversal. Supporting this view is Ethereum’s 30-day Market Value to Realised Value (MVRV) ratio, which has dropped from 35.70% to just 6.97%. Historically, such low readings point to accumulation phases. If Ethereum follows its usual pattern, this could mark a local bottom and set up the next leg of bullish recovery. Dogecoin Holds Support as Buyers Monitor Key Levels Dogecoin showed renewed strength over the weekend, briefly climbing above $0.220 and $0.230 before facing resistance at $0.2380. The rally faded after reaching a high of $0.2378, pulling DOGE back under $0.2250 and its 100-hour simple moving average. Key support now lies near $0.220. Despite the correction, DOGE maintains a bullish structure.…

May 22, 2025 - 20:00
 0  0
ETH Slips & DOGE Stalls: BlockDAG Raises $260M in Record Time, Emerging as a Top 2025 Crypto Pick Priced at Just $0.0020! – Coincu

The post ETH Slips & DOGE Stalls: BlockDAG Raises $260M in Record Time, Emerging as a Top 2025 Crypto Pick Priced at Just $0.0020! – Coincu appeared on BitcoinEthereumNews.com.

As the crypto market weathers another wave of turbulence, investors track which projects still show real upside potential. Ethereum has dropped below the $2,600 mark and is now holding near $2,400. While momentum has slowed, on-chain data points to accumulation, hinting at a possible rebound ahead. Dogecoin pushed above $0.2320 but was quickly rejected near $0.2380 and has since dipped below its 100-hourly moving average. ETH and DOGE continue to benefit from strong communities, but neither currently presents a clear catalyst for short-term movement. BlockDAG (BDAG) is taking a completely different route. With $260 million raised, a locked price of $0.0020, and a projected ROI of 2,520%, it leads early-stage momentum. Buyer Battles, upcoming mining hardware, and the June 13 GO LIVE exchange reveal across 20 platforms add fuel to its rising profile. Ethereum Enters Accumulation Zone as MVRV Ratio Drops Ethereum’s recent pullback has sparked debate about the strength of its current trend. After failing to hold above $2,600 on May 18, ETH slipped to just above $2,400, raising concerns about weakening momentum. However, analysts at CCN believe this move could signal short-term consolidation rather than a full reversal. Supporting this view is Ethereum’s 30-day Market Value to Realised Value (MVRV) ratio, which has dropped from 35.70% to just 6.97%. Historically, such low readings point to accumulation phases. If Ethereum follows its usual pattern, this could mark a local bottom and set up the next leg of bullish recovery. Dogecoin Holds Support as Buyers Monitor Key Levels Dogecoin showed renewed strength over the weekend, briefly climbing above $0.220 and $0.230 before facing resistance at $0.2380. The rally faded after reaching a high of $0.2378, pulling DOGE back under $0.2250 and its 100-hour simple moving average. Key support now lies near $0.220. Despite the correction, DOGE maintains a bullish structure.…

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow