LINK Holds $14.25, DOGE Slides 7%, While BlockDAG’s $312M Presale Backs a Utility-First Approach Before Listing

When short-term swings slow down, long-term strategies start to lead. Chainlink (LINK) is holding near crucial support, and its next move could either trigger recovery or extend the decline. Dogecoin (DOGE) is also under pressure, down 7% after a previous jump, with analysts eyeing retracement zones for clues.

While LINK and DOGE face temporary market dips, BlockDAG is capturing interest with its deliberate, utility-first approach. Having raised over $312 million and sold 22.8 billion coins during presale, BlockDAG (BDAG) is taking a different route, focusing on strong infrastructure, liquidity, and user readiness before listing.  It has already sold 18,034 miners, showing solid community engagement. The X1 miner app continues to gain traction, setting a solid base for user onboarding.

BlockDAG Focuses on Utility and Stability as Presale Crosses $312M

Rather than rushing listings, BlockDAG is moving forward with a phased launch strategy focused on usability. The project will first activate DeFi tools, offer developer kits, and deploy mining infrastructure. This helps users engage with real tools from the start, rather than waiting post-listing.

To further stabilize the launch, BlockDAG has backing from market makers, ensuring smoother price discovery. It is also preparing several dApps for release before the coin goes live on exchanges. This gives users more ways to interact with the platform right away. 

These choices aim to build long-term strength and limit volatility. This also boosts trust in BlockDAG’s system, as users can experience utility before major listings begin.

Currently, Batch 29 is live with the coin priced at $0.0276, delivering a 2,660% profit since Batch 1. But until June 20, the price is locked at $0.0018. Over 22.8 billion coins have already been sold, and 18,034 mining devices distributed. 

With a structured rollout, BlockDAG is preparing for meaningful adoption. Its strategy is less about speculation and more about usability and access. In a space often led by hype, BlockDAG stands out by focusing on solid progress.

Chainlink Tests Key Support as Market Awaits Next Price Move

Chainlink (LINK) is testing important support, staying just above its 200-day EMA and a downward trendline. A move above $16 may change sentiment toward gains, while slipping under $14.25 could lead to more downside, with targets around $12.70.

Current data shows a 13% drop in active wallets and a rise in short positions, pointing to cautious trading. Resistance is seen near $15.77, where short-sellers are active, while support at $14.25 holds the risk of long liquidations. If LINK moves past $16, it may confirm a recovery; a drop would open the door to lower levels. LINK’s ability to hold this level could also impact broader market sentiment as it remains a popular oracle network.

Dogecoin Pulls Back 7% While Traders Watch Crucial Resistance Levels

Dogecoin (DOGE) dropped nearly 7% to $0.17 after peaking at $0.2059. This fall has affected sentiment, with daily trading volumes also down 17%, now at $1.28 billion.

On charts, DOGE faces key resistance zones: $0.1784 (23.6% retracement), $0.1836 (38.2%), and its 50-day EMA around $0.1859. A close above these may push DOGE higher. 

If support at $0.1699 breaks, the next likely stops are $0.1656 or $0.1613. For now, DOGE is balancing between rebound potential and the risk of further correction. Analysts remain cautious and suggest monitoring RSI and volume indicators for clearer signs of reversal or further drop.

The Bottom Line

As LINK tries to hold its footing and DOGE cools after strong gains, both coins reflect the uncertainty of short-term cycles. Traders continue to watch these assets closely, deciding between potential recoveries or deeper dips.

Meanwhile, BlockDAG is building differently, with usability, transparency, and real-world tools guiding the launch. Its roadmap, presale numbers, and readiness set a tone of confidence, not just speculation. 

With utility as its foundation, BlockDAG offers a fresh perspective for those seeking consistency over short-lived surges. Combined with increasing ecosystem activity, BlockDAG continues to strengthen its market presence through thoughtful execution.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu 

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