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DOGE Price Declines, Cardano’s ADA Stalls, But BlockDAG’s 5% Cashback Program Ignites Buyers’ Interest

DATE POSTED:March 5, 2025

The crypto market is seeing heightened volatility as Dogecoin plummets 13%, dipping to $0.2539, raising concerns about whether it can hold above key support levels. Meanwhile, Cardano’s whale activity has slowed, leaving ADA holders uncertain about its recovery potential. While these assets show signs of stagnation, BlockDAG’s presale is gaining momentum, crossing $200.8 million, with its 5% USDT cashback program fueling investor interest. As BDAG holders capitalize on instant rewards while the presale accelerates, one question remains—is this the best opportunity in today’s market?

DOGE Price Drops 13% as Bearish Pressure Mounts

Dogecoin’s price took a sharp hit, declining over 13% in 24 hours and sinking to $0.2539, raising fears of further downside. Recent optimism around a potential breakout near $0.31 has faded, with sellers dominating the market.

Technical indicators show weak support near the $0.25 level, meaning another sell-off could drive DOGE lower. Trading volume remains uncertain, and buyers have yet to re-enter the market in force. Without fresh momentum, DOGE may struggle to regain lost ground, leaving traders on edge.

A lack of buying pressure has contributed to DOGE’s struggles. Some analysts believe Dogecoin could see a relief bounce if market conditions improve, but for now, uncertainty is keeping traders cautious. Without a strong catalyst, DOGE’s chances of reversing this decline remain limited, forcing many investors to reconsider their positions.

Cardano Whale Activity Slows as ADA Struggles to Recover

Cardano’s price remains under pressure, sitting at $0.7111 following an 18% drop over the past day. On-chain data shows whale accumulation has stagnated, with large holders hesitating to add to their positions.

The number of addresses holding between one million and ten million ADA has remained relatively unchanged, signaling a lack of strong institutional buying. Additionally, Cardano’s ADX reading continues to decline, pointing to weak market momentum and possible sideways movement in the near term.

Despite ADA’s recent upgrades, whale hesitation could indicate a lack of confidence in short-term price appreciation. If whale accumulation picks up, it could help stabilize the price, but until then, traders remain uncertain. Many are watching Cardano’s upcoming developments for signs of a turnaround, but in the meantime, other cryptos are drawing attention with stronger upside potential.

BlockDAG’s 5% Cashback Program Accelerates Presale Growth

While DOGE and ADA face uncertainty, BlockDAG’s presale is breaking records, reaching nearly $200.8 million with 18.7 billion BDAG coins sold at $0.0248 per coin. A key driver of this momentum is BlockDAG’s new affiliate program, which offers a 5% cashback reward to both referrers and new buyers. If a BDAG holder refers to someone who purchases $10,000 worth of BDAG, both receive $500 in USDT, credited instantly to their wallets.

Unlike speculative investments that require waiting for market movements, BlockDAG provides real-time rewards, making it one of the most attractive crypto projects today. This community-driven approach is fueling demand, pushing BDAG toward its ambitious $600 million presale target.

BlockDAG’s unique cashback model allows participants to earn passive income while still benefiting from BDAG’s long-term price growth. Investors who capitalize on this opportunity can lock in early gains while the presale remains open, providing them with an advantage over those waiting for exchange listings.

Why BlockDAG Stands Out Amid Market Uncertainty

BlockDAG’s appeal goes beyond its 5% cashback rewards. Its high-speed transaction model, strong scalability, and upcoming CEX listings make it an attractive option for investors seeking more than just short-term hype.

With plans to list on 10 major centralized exchanges, BDAG’s liquidity and market reach are expected to expand significantly. Many traders believe this could trigger a strong price surge once BDAG becomes tradable, making the presale an ideal entry point for those looking to secure maximum gains before the public listing.

As more investors recognize BlockDAG’s long-term potential, its presale continues to gather momentum. The combination of early investor incentives, scalable blockchain infrastructure, and strategic exchange partnerships is positioning BDAG as a strong performer in the months ahead.

Final Take: BlockDAG’s 5% Cashback Program Leads the Market

Crypto traders remain on edge as DOGE struggles to find support and ADA whales stay on the sidelines. With the broader market experiencing turbulence, many are questioning which crypto will deliver the best returns in 2025. Meanwhile, BlockDAG’s momentum continues to build, offering investors immediate cashback rewards and long-term potential. With the presale surging toward $200.8 million, those looking to maximize gains may want to act fast—opportunities like this don’t last forever.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post DOGE Price Declines, Cardano’s ADA Stalls, But BlockDAG’s 5% Cashback Program Ignites Buyers’ Interest appeared first on The Merkle News.