BlockDAG Raises $251M with Price Freeze Ahead of June 13 Go Live; TRX and HYPE Show Strong Market Moves

16.05.2025 22:36

BlockDAG (BDAG) has successfully raised over $251 million during its presale phase, with its token price frozen at $0.0020 until June 13. This freeze aims to provide a fair entry point for all buyers until the official Go Live Reveal, when BDAG will list on 20 exchanges, including confirmed platforms like MEXC, BitMart, LBank, XT.com, and CoinStore. This strategic approach enables BlockDAG to maintain price stability and build anticipation ahead of its public launch.

The presale includes buyer incentives, such as daily Buyer Battles awarding 150 million BDAG tokens and a 25% referral bonus system. Currently, over 17,525 miners are engaged, and more than one million users mine BDAG via the X1 app, underpinning the project’s growing traction.

TRON (TRX) has recently broken past a critical resistance level at $0.264 to reach $0.2702, buoyed by strong trading volume exceeding 125 million and a stablecoin volume hitting $71.9 billion. Expansion through payment provider MoonPay into the U.S. market further enhances TRX’s accessibility. Although the price slightly retreated to close up 1.3%, analysts observe a developing rising channel with $0.265 potentially becoming a new support level.

Hyperliquid’s (HYPE) platform demonstrated explosive growth with $548 million net inflows within one week, pushing its open interest to $5.6 billion. The launch of Hyperbridge, enabling seamless asset transfers across over 50 blockchains via LayerZero technology, contributes to this surge. HYPE’s price surged 57% over the past month from $9.20 to nearly $25, with bullish indicators suggesting potential to breach $30 if resistance at $26 is overcome. Hyperliquid also supports daily buybacks between $2.5 million and $3 million to bolster price stability.

BlockDAG stands out among these projects due to its locked pricing, confirmed multiple exchange listings, structured buyer engagement programs, and substantial presale fundraising. With its Go Live Reveal scheduled for June 13, BlockDAG positions itself as a compelling Layer-1 project with strong growth potential.