In recent days, the Mantle (MNT) token has been showing a confident bullish trend as it approaches an important resistance level, while the BONK market is acting unpredictably. At the same time, the BlockDAG blockchain is witnessing buyer activity amid a surge in interest due to its prize pool.
Bullish Momentum of Mantle (MNT)
Mantle (MNT) is demonstrating increasing bullish momentum as it nears a key resistance level at $0.86. A breakout beyond this threshold could pave the way toward the psychological level of $1. Recent trading has shown a consistent pattern of increasing prices, marked by significant volume during rallies. Despite a neutral RSI, slight upward pressure and the possibility of a MACD crossover indicate a potential shift. A pullback to $0.77 confirmed strong buying interest, suggesting that the bullish momentum of Mantle is not merely speculative, but is based on technical structure.
Technical Setups and Uncertain Future of BONK
The future of BONK continues to generate interest due to recent technical behavior on both daily and hourly charts. On April 28th, BONK respected defined demand and supply zones, reinforcing confidence in short-term structure. However, the hourly chart adds another layer: a recent liquidity sweep below key levels could act as a springboard for further upside. While the BONK future shows potential for continued moves higher, traders remain cautious due to its unpredictable nature. Price may react sharply or ignore signals entirely, underscoring the need for disciplined risk management.
BlockDAG's Prize Pool and Burgeoning Growth
The recent increase in the prize pool of BlockDAG's Buyer Battles from 25 million BDAG to 150 million BDAG has spiked buyer interest significantly. Participants are not just acquiring tokens; they are trying to outdo each other. For instance, if 149.5 million BDAG is bought by the end of the day, the top buyer will receive 500,000 BDAG, which at the current price of $0.0262 amounts to $13,100. This setup has created a ripple effect for the presale, and BlockDAG has already raised nearly $250 million, rapidly approaching its target of $600 million. Additionally, the blockchain has confirmed future listings on five centralized exchanges, including MEXC and LBANK.
In conclusion, the bullish momentum of Mantle (MNT) continues to strengthen, and a breakout may signal more significant moves ahead. The future of BONK remains uncertain, showcasing interesting but unpredictable opportunities. Meanwhile, BlockDAG is flooding the market with its impressive prize pool, confirming its growing interest among traders.
