This week’s market action is a mix of optimism and caution, as two altcoins show sharply different trajectories. PENGU is edging toward a possible surge from a classic cup-and-handle setup, with some market watchers suggesting a move to $0.082 if it can break through resistance. In contrast, Cosmos (ATOM) endured a wave of heavy selling that pulled it down to session lows before a rebound late in the day hinted at revived buying pressure.
Meanwhile, BlockDAG (BDAG) is taking a different approach altogether, moving from presale sensation to major market contender after raising $373 million. Sitting at $0.0276 in Batch 29, the project’s appeal is amplified by its high-powered Dashboard V4, advanced blockchain architecture, and official collaborations with professional sports teams.
PENGU Breakout Watch: $0.082 Target
PENGU is approaching a breakout moment from its cup-and-handle formation, with potential to climb toward $0.082 if it can clear the $0.045 barrier. Priced now at $0.03843, the coin has gained 12.6% in the past seven days, rebounding sharply from $0.030 support. Since the start of 2025, it has formed a rounded base, bottomed in April, and delivered an 800% rise from its yearly low.
Fueling the optimism is the SEC’s review of a CBOE-backed ETF, the first tied to an NFT-themed memecoin. This milestone, paired with surging adoption in South Korea and China, has strengthened PENGU’s market appeal, leveraging the cultural reach of the Pudgy Penguins NFT brand.
Both trading volume and market cap have climbed together, reflecting healthy demand. A decisive push above $0.045, supported by volume, could open the path to $0.082, assuming $0.030 support continues to hold.
ATOM’s Volatile Day Ends in Recovery
Over a 23-hour stretch from August 10–11, Cosmos (ATOM) saw a turbulent swing, dropping 6.20% from a $4.77 high to $4.48 low. Early buying lifted ATOM from $4.66 to $4.75 on 1.465M units traded, securing support at $4.69. But momentum flipped as heavy selling hit, pressing prices to the day’s low and establishing resistance at $4.71.
In the final hour, sentiment turned again. ATOM bounced 1.68% from $4.49 to $4.56, pushing past $4.50 and $4.53 resistance zones. A spike of 60,000 units helped set $4.54 as short-term support. Confidence got a lift when Coinbase confirmed support for dYdX (COSMOSDYDX) on the Cosmos chain, signaling institutional attention despite wider uncertainty.
The choppy moves highlighted the battle between profit-taking and fresh accumulation. With new support established, focus now shifts to whether momentum can sustain and build toward a more extended recovery.
Dashboard V4 Drives BlockDAG’s Presale Surge!
While PENGU works toward a breakout and ATOM navigates volatility, BlockDAG is charging ahead with impressive traction. The project has brought in $373 million so far, selling 24.7 billion coins at its Batch 29 price of $0.0276, with a confirmed launch price set at $0.05. Early buyers from Batch 1 have already seen a 2,660% gain compared to Batch 29 pricing.
Dashboard V4 has been a game-changer, acting like a live trading simulator during presale. Users can track real-time BDAG charts, execute instant buy/sell orders, view wallet balances, and follow a live order book. Added features like leaderboard contests, referral tracking, and reward calculators keep engagement high.
BlockDAG’s hybrid blockchain-DAG setup enables high speeds and scalability, while EVM compatibility supports seamless smart contract deployment. Its low-code builder makes dApp creation accessible to more developers.
Marketing efforts now extend into pro sports, with deals involving the Seattle Seawolves (Major League Rugby) and Seattle Orcas (Major League Cricket) bringing fan tokens, NFT-backed perks, and interactive campaigns.
Wrapping Up
Between bullish technicals and sudden pullbacks, PENGU and ATOM are telling two very different market stories, one on the verge of a breakout, the other proving its resilience. But BlockDAG’s trajectory is operating on another level entirely.
With $373 million secured, a presale price still below its launch value, and an immersive Dashboard V4 experience, BDAG has built a unique presence ahead of launch. Its blend of powerful tech, growing adoption, and real-world brand partnerships has made it one of the most closely followed names in the space right now.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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