BlockDAG Eyes $1 Target With $358M Raised As Cosmos Dips And SPX Cools After $2.27 High

The crypto market has gone through big moves this week, from fast gains to sudden drops. SPX6900 (SPX) turned heads after hitting a new all-time high, sparking a bullish outlook before easing off slightly. On the other side, Cosmos has been sliding. Even with major progress in its ecosystem, the recent Cosmos (ATOM) price dip has created tension, as resistance levels remain firm and price swings stay wide.

Then comes BlockDAG (BDAG), shaking up the usual trend by delivering a full ecosystem before its official launch. With $358 million already raised and 24.6 billion coins sold, the project has gained strong market attention. Experts are now calling for a climb to $1 and possibly higher, putting BlockDAG among the most promising altcoins to follow this quarter.

SPX6900 Hits $2.27 with 18% Futures Surge

SPX6900 reached an all-time high of $2.27 before slowing down, driven by a sharp rise in futures activity and solid buying interest. Open interest jumped close to 18%, and trading volume more than doubled, showing heavy leveraged buying. With funding rates holding positive and a Long/Short Ratio of 1.08, the SPX6900 (SPX) price forecast continues to look positive as many traders expect more upside.

Despite the bullish trend, early buyers are beginning to exit. Netflows have increased for two straight days, and SPX’s Stock-to-Flow Ratio has dropped from 7,200 to 77, highlighting rising selling pressure. If this momentum continues to weaken, the price could revisit the $1.93 support. But if demand stays firm, the SPX6900 (SPX) price forecast could push above $2.27 again, aiming next for $2.50.

Cosmos Drops 10.97% to $4.66 Despite 100 Chains

Cosmos (ATOM) fell 10.97% this week, dropping to $4.66 as sellers kept gains in check. Even though the Cosmos network reached 100 active chains on MapOfZones and launched its first encrypted money market, ShadeX, the recent recovery attempts failed to sustain.

The Cosmos (ATOM) price faced strong resistance near $4.95, while intraday volatility hit 7.58%, keeping short-term movements unstable. Buyers did manage to lift the price briefly to $4.77, but momentum faded quickly. Support has now settled around $4.56, which could become important if the decline continues. Without a clean break above resistance, the Cosmos (ATOM) price might stay under pressure for now.

BlockDAG Hits $358M Milestone With 24.6B Coins Sold Pre-Launch

Most projects launch with promises and add features later. BlockDAG takes a different approach by offering a fully built ecosystem even before hitting exchanges. It already has a working mobile app called X1 for mining, and a powerful Beta Testnet live and running.

This updated version comes with smart contract support, built-in verification tools, and smooth operation. It works with top coins and uses BlockDAG’s fast DAG-based Proof-of-Work design for parallel transactions, allowing real-time testing in actual environments. The BlockDAG toolkit includes BDAGScan for tracking blocks, Primordial IDE for developing smart contracts, and a beginner-friendly wizard for creating DApps

Security-wise, both CertiK and Halborn have fully audited the system. Because of these strong fundamentals, adoption has skyrocketed. Over 4,500 developers are already working on more than 300 active projects covering DeFi, AI, and other real-world areas. Financial growth has followed this rise in developer activity. BlockDAG has raised $358M and sold 24.6 billion coins so far. Batch 29 is currently priced at $0.0276, but as part of the GLOBAL LAUNCH release, users can access a special rate of $0.0016 until August 11

With the official launch price set at $0.05, this offers a 3,025% return for those entering at the limited price during the GLOBAL LAUNCH release. For those who joined during Batch 1, the gains already stand at 2,660%. Experts now see BlockDAG reaching $1 soon and possibly $20 by 2027, making it a standout altcoin this year.

Summing Up!

The SPX6900 (SPX) price forecast remains strong, backed by data showing rising futures activity and continued trading volume, although early participants are now taking some profits. On the other hand, the Cosmos (ATOM) price drop reflects ongoing struggles, with resistance levels stopping upward movement even after key updates across the network. Among these mixed performances, BlockDAG with $3758M presale, clearly leads as the most bullish altcoin for 2025. Its ecosystem is already live, with over 4,500 developers contributing to 300+ projects, and its growth continues to accelerate

The current $0.0016 price during the GLOBAL LAUNCH release offers a path to 3,025% returns once the coin reaches its $0.05 listing. With the outlook set for $1 soon and even higher targets by 2027, the upside is substantial. As Batch 29 nears completion, more buyers are securing their share before the rate changes after August 11. This limited-time pricing and rising demand place BlockDAG far ahead of other altcoins in terms of both utility and future price growth.

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