$235M Raised, 17,400 Miners Sold - Why BlockDAG Matters More than Dogecoin & Ethereum’s Price Surge

Ethereum's Price Surges After Pectra Upgrade

The price of Ethereum (ETH) soared past $2,200 following the Pectra upgrade, marking its strongest rally in years. This upgrade, the most significant since the Merge, focuses on enhancing validator efficiency, Layer 2 scaling, and staking. The nearly 18% increase in 24 hours has reignited buyer interest, as ETH aims to catch up with Bitcoin, which recently surpassed $103,000. This surge is further bolstered by improved macroeconomic conditions, including renewed US-China trade talks. Analysts predict continued ETH price growth if this momentum persists, especially given the broader strength in the altcoin market.

Dogecoin Rebounds, Targeting $0.30

Dogecoin (DOGE) experienced a significant rebound, surging above $0.20 after a 13% daily jump. Riding the wave of Bitcoin's rise above $100,000, DOGE is targeting the $0.30 level. Analyst Ali Martinez highlights a support trendline dating back to October 2024, suggesting $0.14 as a potential dip before further gains. This has attracted short-term traders seeking quick profits.

Sentiment surrounding DOGE remains positive, even amidst recent Elon Musk-related speculation. Despite rumors about Tesla potentially replacing Musk, DOGE maintained its upward trajectory. This rebound mirrors similar gains in other meme coins like TRUMP, Fartcoin, and Pepe, all experiencing over 30% increases during the rally. Continued Bitcoin growth could propel DOGE further.

BlockDAG Gains Momentum

BlockDAG is demonstrating significant progress, with over 17,400 mining devices already sold, rapidly approaching the 18,000 milestone. This surge in demand is driving the project forward. The BlockDAG presale is currently in batch 28, offering BDAG coins at $0.0019. Over 19.9 billion coins have been sold, raising a total of $235.5 million. This special offer ends on May 13th.

Beyond strong presale figures, BlockDAG's technology is also gaining traction. The X1 mobile miner app has surpassed 1 million downloads, and the project's live testnet showcases its hybrid Proof-of-Work and DAG model, featuring fast transactions, low fees, and real-time mining rewards via mobile and ASICs. The rapid sales of mining devices suggest further accelerated growth. For those seeking early entry into a network with real-world adoption and utility, BlockDAG presents a compelling opportunity.