In a challenging period for the cryptocurrency market, Dogecoin and NEAR continue to attract investor attention. At the same time, the BlockDAG project is gaining significant interest due to its unique approach.
Dogecoin on the Recovery Path
Dogecoin (DOGE) price has stabilized around $0.17, recently climbing 6.6% to $0.1743. Activity from whales is noted, indicating potential future price increases. However, on a technical level, DOGE is caught in a descending triangle pattern. Key support at $0.13 is being tested again, and experts warn that breaching it could lead to further declines in price.
NEAR Awaits Breakout
Near Protocol (NEAR) trades steadily around $2.00, exhibiting market caution. Nonetheless, support at $1.80 has helped to prevent further dips. Experts suggest that NEAR could reach $4.66 by the end of 2025 if conditions improve, with a long-term potential of $22.22 by 2031 based on successful technological upgrades. Monitoring price direction will be crucial in the near term.
BlockDAG's Successful Buyer Battles
The BlockDAG project is steadily gaining traction with its concept of Buyer Battles, offering 50 million BDAG coins daily. To date, the presale has raised $336 million. The unique structure allows unsold coins to return to the wallet with the largest purchase of the day, providing opportunities for participants to acquire more coins at a favorable price.
In a climate of uncertainty, Dogecoin and NEAR show mixed signals, while BlockDAG highlights significant interest due to its innovative approach and active participation in buyer battles.
