BlockDAG’s $298M Run and Rumored NBA Deal Steal Spotlight as Dogecoin Targets $2.28 and Ethena Stalls

Dogecoin (DOGE) is showing a price structure that hints at upward action, built on a classic Fibonacci sequence. Ethena (ENA) struggles with mixed technicals despite offering attractive yields. BlockDAG (BDAG), in contrast, is firing on all cylinders.

With over $298 million raised, a $0.0018 frozen price, and more than 1.5 million users on the X1 miner app, it’s proving real traction in the crypto world. While DOGE waits for a breakout and ENA juggles strength and weakness, BlockDAG continues to gain ground. With speculation about a major NBA partnership and 20 exchanges tied to its GO LIVE reveal, BlockDAG’s forward momentum is clear.

Dogecoin Price Setup Hints at $2.28 Breakout Possibility

Dogecoin (DOGE) is drawing analyst attention as its price movement suggests a bullish breakout. Now trading around $0.2004, DOGE is reportedly following repeating historical trends linked to major Fibonacci extensions.

According to analyst JAVON MARKS, Dogecoin’s previous cycles broke past the 1.618 Fibonacci level, with earlier surges hitting $0.0074 and $0.039. The current setup shows DOGE’s next 1.618 extension landing at $2.28.

This prediction is based on the coin’s behavior around $0.06, a level that once triggered earlier breakouts. With DOGE now holding above this point, the price could repeat its past pattern, signaling a significant move upward.

DOGE continues to be a top watched asset among traders, and if the Fibonacci cycle remains consistent, it could push much higher from current levels.

Ethena Holds 37% APY but Faces Resistance and Price Pressure

Ethena (ENA) made headlines after joining Coinbase’s asset roadmap on June 4. But the initial price surge faded, slipping from $0.34 to under $0.30.

Currently, the Ethena technical picture looks shaky. Heavy resistance exists between $0.35 and $0.36, where nearly 880 wallet holders are at a loss with 2.77 billion coins. The MACD and AO indicators also show no strength above the 20-day EMA.

Still, not all signs are bearish. Whales have been accumulating, and open interest in ENA futures is rising. Ethena’s USDe stablecoin pays 37% APY, helping the project climb into the top five by stablecoin market cap with $1.9 billion.

As for future pricing, projections vary. CoinCodex sees ENA around $0.22–$0.24, Gate.io leans towards $0.30 – $0.39, while BlockDAG analysts project $0.80–$1.20. For now, ENA holders must weigh high returns against uncertain technical trends.

BlockDAG’s NBA Partnership Rumors and GO LIVE Reveal Drive $298M Surge

BlockDAG is pushing forward with full momentum, setting the pace in the current market. The project is expected to break into mainstream culture with a rumored NBA collaboration. This strategic move adds cultural weight to its already strong presence in blockchain.

More than $298 million has been raised in the presale, and over 22.4 billion coins have already been distributed. Batch 29 is currently live, offering coins at $0.0276. But a limited-time price of $0.0018 is still open until June 13. This gap suggests a potential 2,678% gain once the coin hits its launch price of $0.05.

Adoption stats reveal strong community support. The X1 Miner App has surpassed 1.5 million downloads. It lets users mine directly from mobile devices, making it easier for anyone to participate. Over 17,950 ASIC miners have also been sold, further proving strong ecosystem growth.

Security is another highlight. BlockDAG has completed its CertiK audit and now has more than 200,000 holders. As the GO LIVE reveal approaches, along with listings across 20 platforms, all signs point to serious momentum.

In Summary

Dogecoin could spike if its Fibonacci setup repeats, but nothing is guaranteed. Ethena offers one of the highest APYs in the market, yet struggles with weak resistance zones and mixed signals.

BlockDAG, however, checks all the boxes. It has raised over $298 million, sold more than 22.4 billion coins, and reached 1.5 million users through the X1 App. With a CertiK audit completed and the GO LIVE reveal just days away, the timing looks strong.

Its $0.0018 frozen price gives early users a chance to earn up to 2,678% once it reaches the $0.05 launch target. Compared to other projects still figuring things out, BlockDAG looks like the most ready.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research!

The post BlockDAG’s $298M Run and Rumored NBA Deal Steal Spotlight as Dogecoin Targets $2.28 and Ethena Stalls appeared first on Coindoo.