Bittensor (TAO) Market Analysis & DOGE Price Projection Shift as BlockDAG’s X1 App Surpasses 2M Users in Web3 Boom

This year has seen significant activity in AI-powered crypto and meme-driven trends, but BlockDAG’s X1 App may represent a substantial achievement. The mobile-first platform has surpassed 2 million verified users. While Bittensor (TAO) garners interest from major firms and Dogecoin (DOGE) flirts with another Fibonacci-based surge, BlockDAG’s user milestone suggests that mainstream adoption is becoming a reality.

This achievement highlights a shift towards practical, usable Web3 tools. As competition intensifies to attract new users, BlockDAG’s mobile-first growth serves as a key benchmark. Those evaluating the long-term potential of TAO, DOGE, and other contenders in the "best Web3 crypto projects" category will need to consider these metrics.

Bittensor (TAO) Market Analysis: Strong Support, Limited Supply

Bittensor (TAO) has emerged as a leading AI-linked cryptocurrency. Its appeal to publicly traded companies has been notable. Oblong, listed on Nasdaq, invested $7.5 million in a TAO-powered AI initiative, while Synaptogenix allocated $10 million to acquire TAO. This reflects a shift in how traditional companies are approaching crypto infrastructure.

TAO's market capitalization now exceeds $3.8 billion, positioning it among the major players in AI. However, its future growth may depend on external factors such as Bitcoin’s market performance and the arrival of altseason.

Those following TAO may need to adjust their expectations, particularly as daily users and real-world applications increasingly influence the success of Web3 projects.

Dogecoin (DOGE) Price Projection: Fibonacci Patterns and a Growing Base

Dogecoin remains a unique case, blending internet culture with market influence. Analysts suggest DOGE could rise to $2.28 based on Fibonacci levels derived from its 2022 low of $0.06036. This would represent a substantial increase from its current price.

On-chain data also supports DOGE’s strength. It now boasts more wallets than both XRP and USDC, reaching 7.97 million holders, making it the third-largest cryptocurrency by unique addresses. This reflects growing interest in DOGE’s low cost, simplicity, and use in small transactions and tipping.

However, DOGE lacks a clear roadmap for sustained utility, unlike BlockDAG, which has a structured development plan. While DOGE could surge again, it may continue to lag behind more strategically focused platforms like BlockDAG and Bittensor.

BlockDAG’s X1 App: A Two-Million-User Milestone

The X1 App, developed by BlockDAG and utilizing a Proof-of-Engagement (PoE) model, has surpassed 2 million active users. This level of adoption is uncommon, even among leading Web3 applications.

The app transforms mobile devices into miners, requiring minimal energy, and rewards users for daily engagement. It includes leaderboards, staking features, and social functions. After reaching 1 million downloads in May, the app achieved another million within four weeks.

BlockDAG stands out compared to others struggling with user growth. Early users will be able to convert their mining credits into tradable coins upon the network's mainnet launch.

BlockDAG’s presale is gaining momentum, with over $303 million already raised. Stage 29 has reached $0.0276, and the listing is set at $0.05.

Beyond its app, BlockDAG operates on a Layer 1 platform combining DAG-based architecture with EVM compatibility, offering scalability and low gas fees. This combination of performance and user experience could position BlockDAG as a frontrunner in the Web3 space.

Teasers about a cultural partnership in the USA suggest BlockDAG may be aiming to integrate Web3 technology with broader lifestyle appeal.

The Importance of Real Utility in Web3 Projects

As Web3 evolves, focus is shifting from hype to usability, accessibility, and community. The Bittensor (TAO) market analysis demonstrates institutional support. The Dogecoin (DOGE) price projection suggests potential for another meme-driven rally. However, BlockDAG’s steady progress may be more significant, as it is building a base of active users.

With over 2 million mobile users, five exchange listings, and indications of cultural expansion in the USA, BlockDAG has moved beyond concept to execution, delivering daily engagement and a functional platform.

For those seeking promising Web3 crypto projects, BlockDAG’s X1 App could represent a model for mainstream crypto adoption.