BlockDAG’s X1 miner app has rapidly grown to over 1.5 million active mobile users, offering a no-hardware, no-fee crypto mining experience with steady daily rewards in BDAG tokens. The presale has raised over $298 million, selling more than 22.4 billion BDAG tokens, with the listing price planned at $0.05—implying a significant return for early participants. This strong user adoption, achieved even before mainnet launch or exchange listings, signals substantial market traction for BlockDAG.
Meanwhile, Dogecoin (DOGE) has shown renewed price momentum with Fibonacci target levels between $1.27 and $2.03. As of June 11, DOGE was trading near $0.1959 with increased trading volume and a bullish technical pattern—a golden cross on the 4-hour chart—suggesting the possibility of a sustained rally. Traders are monitoring key resistance at $0.439.
Stellar (XLM) also exhibits bullish signals in both on-chain metrics and technical analysis. The total value locked (TVL) on Stellar’s network reached a record $97.7 million, while stablecoin market capitalization remains robust. Technical indicators like the MACD crossover and RSI above neutral reflect growing trader confidence. A breakout above the 100-day EMA at $0.283 could lead Stellar to challenge $0.356 resistance. Support holds steady at $0.255 if momentum cools.
Additional altcoins Cardano (ADA) and Toncoin (TON) also experienced notable activity. ADA gained around 4% after launching Cardinal, a new Bitcoin DeFi protocol that enables Bitcoin users to participate in DeFi without intermediaries, supported by rising trading volume. Toncoin saw a 2.66% price increase before profit-taking caused a minor pullback.
Overall, these developments highlight a budding bullish market sentiment in altcoins, punctuated by BlockDAG’s substantial user growth and presale success, DOGE’s technical recovery, and Stellar’s fundamental strength.