BlockDAG Presale Explodes with $214M+ Raised — Are VET & OM Falling Behind?

6h ago•

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bearish:

In today’s uneven crypto market, three coins are charting very different courses. Mantle (MNT) is flirting with a technical breakout as it rides an ascending triangle pattern toward a potential $5 target, fueled by a massive $3.8B treasury and heavy DeFi usage.

VeChain (VET), however, is stuck in reverse—breaking key support levels and falling into deeper bearish territory with no visible recovery signs in sight. But the standout story is BlockDAG (BDAG). Following Keynote 3, BDAG has surged over 2,300% during presale, sold 19.1 billion coins, and raised $214 million—all without venture capital.

Unlike others, it’s already delivering with a live testnet, smart contract deployment, weekly airdrops, and a no-code Token/NFT creator. While Mantle has momentum and VeChain shows weakness, BlockDAG is doing what most projects only promise—building, scaling, and growing before it even hits major exchanges.

Mantle (MNT) Eyes $5 as Bullish Pattern Builds and Treasury Hits $3.8B

Mantle’s MNT token is drawing trader interest as it forms a strong ascending triangle pattern—often a signal of an upcoming breakout. Since late 2023, MNT has steadily made higher lows, while repeatedly testing resistance at $1.35. If this level breaks, analysts say a rally toward $5 is possible.

Backing this technical setup are strong fundamentals. Mantle holds $3.8 billion in reserves—mostly ETH and stablecoins—making it the largest community-controlled treasury in crypto. The project has also generated $67 million in annual revenue, distributing $50 million to users.

DeFi activity makes up 65% of gas usage on Mantle’s network, with 200,000–500,000 daily transactions reflecting real demand. If MNT breaks above $0.86 in the short term, it could quickly test $1 and push higher. With solid network use and deep reserves, Mantle’s breakout potential is one to watch.

VeChain Slips Below Key Levels—Is VET Headed for a New Low?

VeChain (VET) has dropped to $0.01987, down nearly 4% in a day, as it continues its bearish trend. The price has broken multiple support levels, and technical patterns suggest more downside. A clear descending channel on daily and 4-hour charts shows consistent lower highs and failed recovery attempts.

A double top at $0.025 confirmed further weakness when VET broke below the $0.0215 neckline. Lower timeframes show repeated bearish flag formations, with each short bounce followed by a drop.

Key indicators remain negative. The RSI is in oversold territory, MACD shows continued bearish crossovers, and volume favors sellers. Without strong buying volume, VET could test $0.0170 or even $0.0160.

Unless VET closes above $0.025 with high volume, bulls remain sidelined. For now, VeChain’s weak momentum and lack of fresh catalysts suggest more pain ahead.

BlockDAG Is Blowing Up After Keynote 3—Is $1 Closer Than You Think?

BlockDAG (BDAG) is catching fire, and after its latest Keynote 3 announcement, the $1 price target is no longer just wishful thinking. The token has surged 2,380% from its $0.001 starting price to $0.0248 in its 27th presale batch, with 19.1 billion coins sold and $214 million raised—all without VC backing.

But it’s not just hype—BlockDAG is delivering. Its Beta Testnet is already live, running smart contracts and a redesigned explorer. Weekly airdrops are reaching over 110,000 users. The no-code Token and NFT Creator makes asset minting easy for anyone, and several dApps are already functioning. It’s one of the few projects building before launch, not just promising.

Compare that with Mantle’s flashy 500% APR staking and BNB’s next run toward $645, and BlockDAG still stands out. Why? Because it’s packing real utility, real adoption, and real momentum before it even hits major exchanges.

With a 150 billion coin supply, a $1 BDAG would mean a $150 billion market cap—right in the big leagues. If you’re looking for a breakout project with tools, traction, and upside, BlockDAG might be your last best entry before liftoff.

Takeaway

The contrast between these three projects couldn’t be clearer. Mantle’s fundamentals are strong, with deep liquidity and growing DeFi traction, but price action remains range-bound. VeChain continues to lose investor interest, dragged down by technical breakdowns and lack of new catalysts. Meanwhile, BlockDAG is accelerating—rapid presale growth, expanding user adoption, and early utility set it apart in a market filled with empty promises.

BDAG isn’t waiting for post-launch hype to deliver value; it’s already operating live infrastructure, onboarding users, and deploying real tools. With exchange listings on the horizon and the $1 mark in sight, BlockDAG is positioned to enter the upper tier of crypto performers.