Arbitrum Falls 8%, Cardano Turns Bearish, and BlockDAG’s Viral TGE Code Pushes Presale Toward the $600M Milestone!
Crypto markets continue to split between execution and speculation. BlockDAG now heads into its final presale phase, launching the TGE code campaign and confirming Genesis Day for November 26, while Arbitrum (ARB) and Cardano (ADA) face renewed downside pressure.
The latest Arbitrum (ARB) network update revealed an 8% single-day decline, extending technical weakness, while the Cardano (ADA) price outlook grows bearish during a looming death cross.
In contrast, BlockDAG’s hybrid architecture, miner ecosystem, and transparent presale model continue to attract global traction, positioning it as one of the best-performing cryptos today.
Arbitrum Faces Technical Breakdown After 8% Fall
Arbitrum (ARB) fell 8.03% in the last 24 hours to trade near $0.30, extending its decline below all key moving averages, MA-20 ($0.3899), MA-50 ($0.4491), and MA-200 ($0.3978). This confirms a broader downtrend across short-, medium-, and long-term charts. The bearish move aligns with technical weakness across oscillators, with RSI near 29.9 and CCI around 90, indicating oversold conditions but no clear reversal yet.
Immediate support lies around $0.2952, while resistance caps at $0.3899. Analysts see less than a 20% probability of near-term upside, as selling pressure remains dominant. The latest Arbitrum (ARB) network update highlights strong ecosystem activity despite market weakness, including developer engagement through projects like Remittix, which leverages Arbitrum’s scalability for DeFi use cases.
Experts, such as Traders Union’s Viktoras Karapetjanc, note that while bearish momentum persists, Arbitrum’s fundamentals remain intact, making current levels an accumulation zone for long-term investors once sentiment improves. Still, technical indicators suggest that a break below $0.29 could expose deeper losses before stabilization returns.
ADA Faces Bearish Trend as TVL and Demand Drop
Cardano (ADA) has entered a high-risk technical phase as it nears a death cross, where the 50-day and 200-day moving averages intersect, a classic bearish signal. The token has dropped 35% from its August high of $1.01 to around $0.68, signaling sustained downward momentum. The Cardano (ADA) price outlook remains fragile, with analysts warning of a potential slide toward $0.61 and possibly $0.51 if the current trend continues.
Cardano’s network fundamentals have also weakened relative to peers. Its total value locked (TVL) stands at just $282 million, significantly lower than competitors like Plasma ($8.4B) and Base ($7B). Institutional interest is fading too, with only one ADA-based ETF filing compared to nine for XRP and eight for Solana. The project’s stablecoin ecosystem remains limited, with only $37 million in supply.
Despite founder Charles Hoskinson’s ongoing development pledges, analysts remain cautious until ADA reclaims $0.78 or shows meaningful growth in developer and user activity. Without these improvements, Cardano risks continued underperformance, especially as new blockchain networks accelerate their advanced cycles.
BlockDAG’s Viral TGE Code Draws Buyers in Droves!
BlockDAG’s presale has now hit nearly $430 million+ in total funds raised, with Batch 31 live at $0.0015. The project counts 312K holders, nearly 27 billion coins sold, 20K miners being shipped, and a massive 3.5 million X1 app miners contributing to network expansion.
A key factor behind this adoption surge is BlockDAG’s viral TGE code, replacing the previous “CLAIM” system. This code unlocks the last chance to purchase BDAG coins at the lowest presale tier of $0.0015 before launch, while unlocking rank-based airdrop priority on Genesis Day (November 26).
Early buyers benefit from faster unlock times, with ranks 1–300 receiving instant airdrops, 301–600 after 30 minutes, 601–1000 after 1 hour, 1001–1500 after 2 hours, 1501–2000 after 4 hours, 2001–5000 after 6 hours, and later ranks after 24 hours.
This system rewards early buyers with faster access and greater trading momentum once BDAG goes live. The network’s hybrid Proof-of-Work + DAG architecture, EVM compatibility, and 2,000–15,000 TPS throughput continue to draw attention from developers seeking efficient, scalable Layer-1 solutions.
As Genesis Day approaches, BlockDAG’s integrated presale dashboard, active hardware rollout, and verifiable progress make it one of the best-performing cryptos today, bridging transparency, utility, and real-world deployment.
Closing Analysis
As the Arbitrum network update shows ongoing weakness and the Cardano price outlook signals caution amongst a looming death cross, BlockDAG remains a bright spot of growth and delivery. With Batch 31 live at $0.0015, nearly $430M+ raised, and 27 billion coins sold, the project’s momentum toward the $600 million target and Genesis launch is undeniable.
Anchored by cutting-edge BlockDAG tech, the TGE code engagement drive, and a thriving miner community exceeding 3.5 million users, BlockDAG is redefining what measurable blockchain progress looks like. For investors seeking the best-performing crypto today, the choice between speculative rebounds and verifiable development is becoming clear, and BlockDAG continues to lead that conversation.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
This article is not intended as financial advice. Educational purposes only.
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