BlockDAG's $438M Presale Soars Amid Market Volatility, While Chainlink and Arbitrum Face Bearish Pressure

The cryptocurrency market is exhibiting divergent trends as of early December 2025, with the presale project BlockDAG (BDAG) demonstrating remarkable momentum while established assets like Chainlink (LINK) and Arbitrum (ARB) face significant technical headwinds.

BlockDAG has raised over $438 million in its ongoing presale, with a recent $86 million funding deal further solidifying investor confidence. Currently in Batch 33, BDAG is priced at $0.0078, and the presale is scheduled to conclude on February 10, 2026. The project has attracted more than 312,000 holders and has distributed over 20,000 hardware miners alongside 3.5 million X1 app miners. Market analysts forecast a potential launch price between $0.3 and $0.4, which would represent a significant surge from its current presale price. The project's hybrid Proof-of-Work and Directed Acyclic Graph (DAG) architecture, along with its fully operational Awakening Testnet processing 1,400 transactions per second (TPS) with EVM support, are cited as key technological differentiators. Security audits by firms like CertiK and Halborn have bolstered its credibility.

In stark contrast, Chainlink (LINK) has declined approximately 38% since September, falling from around $27 to about $17. Technical analysis points to bearish patterns, including a death cross that formed on October 28, 2025, when the 50-day moving average crossed below the 200-day average. On-chain metrics show network fees dropping from $431,000 in September to $383,000 in October. Analysts warn that if key support levels fail, LINK could see further declines toward $14.20 or even $10.

Similarly, Arbitrum (ARB) is displaying persistent weakness, trading down nearly 90% from its all-time high within a range of $0.20 to $0.30. The token has remained below a long-term descending trendline for over a year, with each rebound attempt being rejected since 2024. Analysts note that a sustained breakout above this resistance is needed to shift the bearish sentiment.

Meanwhile, Dogecoin (DOGE) is showing relative stability, consolidating near $0.186, while Zcash (ZEC) is experiencing a bullish breakout forecast, having rallied from $50 to $420, driven by privacy-focused upgrades and increased institutional access via the Grayscale Zcash Trust.