Top Buyer Takes it All in BlockDAG’s 50M Daily Buyer Battles While ADA Sees Liquidation Boost & HYPE Tests $42 Resistance
Crypto markets this week continue to test traders’ nerves as some altcoins break out while others face key resistance levels. Volatility is keeping things interesting, with catalysts pushing coins to retest highs or flip sentiment in a single session.
The ADA price trend shows how short liquidations and technical setups can fuel quick gains, with Cardano posting a 17% rally from early July lows. At the same time, HYPE price action is heating up near its all-time high, boosted by Bybit’s listing and Grayscale’s new support for the token.
Meanwhile, daily Buyer Battles and a strong community-driven push have helped BlockDAG (BDAG) raise $338.5 million and sell 23.9 billion coins in record time. BlockDAG’s meteoric rise positions it as a serious contender to watch ahead of its much-anticipated GLOBAL LAUNCH release.
Short Liquidations Boost Gains in Latest ADA Price Trend
This week’s ADA price trend shows mixed signals as it trades at $0.626 after gaining 17% since early July. A recent $2.98M in short liquidations fueled a 10% weekly surge, with technicals pointing to an 8% upside toward $0.68. While the daily chart shows bullish signs like RSI above neutral 50 and higher lows, the weekly ADA price trend remains bearish with lower highs since December.
Traders eye the $0.684 Fibonacci level as key resistance for the ADA price trend, but on-chain data clouds the outlook. Development activity and active addresses have declined, suggesting weaker organic demand despite a $0.78 August prediction.
$42 Resistance Tested as HYPE Price Action Eyes Jump
Latest HYPE price action shows renewed strength as the token trades at $40.90, just 12% below its all-time high of $45.80. Bybit’s new spot listing and Grayscale’s adding HYPE to its Q3 assets list have fueled institutional interest. Trading volume surged 40.2% to $421.8 million, while a $2.64M Assistance Fund buyback supports bullish momentum.
Technical charts highlight an ascending triangle pattern, with HYPE price action targeting the $50 zone if bulls break the stubborn $42 resistance. However, failure to clear this level could trigger a retest toward the $28 to $30 support range.
BlockDAG Daily Buyer Battles & Rewards Prove Engagement is Easy
BlockDAG’s success as a presale altcoin is becoming hard to ignore, and one major reason is its lucrative Buyer Battles. Every day, 50 million BDAG coins are unlocked and available for purchase. But the twist here is that any unsold supply goes straight to the day’s top buyer. This incentivises the buyer to maximise their daily purchases for a chance to score extra coins without paying more, creating a fun yet competitive atmosphere where BlockDAG buyers are constantly engaged.
BlockDAG’s entry price is currently locked at $0.0016 until August 11 through the GLOBAL LAUNCH release window. This amounts to an ROI of 3,025% compared to the launch price of $0.05. This rare setup puts BlockDAG firmly on the radar for anyone hunting the next crypto to explode this summer.
So far, BlockDAG’s presale has crossed $338.5 million in record time and sold over 23.9 billion coins across 29 batches. The daily battles are drawing both whales and smaller buyers, helping spread supply across strong hands instead of centralised big holders.
Rather than splurging on huge ads, BlockDAG’s team is betting on community-driven growth, daily leaderboards, and word-of-mouth referrals. This organic approach shows how real user engagement can keep momentum strong, setting the stage for a powerful GLOBAL LAUNCH release.
Key Takeaways
The ADA price trend and HYPE price action both show how different catalysts can keep altcoins moving even in a choppy market. Cardano’s short liquidations and 17% rally hint at a breakout if it clears key resistance, while HYPE price action remains strong as Bybit’s listing and Grayscale’s interest draw new buyers toward its $50 target.
Meanwhile, BlockDAG is proving why it could be the next crypto to explode. With over $338.5 million raised and 23.9 billion coins sold, its daily Buyer Battles, frozen $0.0016 entry, and community-driven strategy make the GLOBAL LAUNCH release one to watch.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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