BlockDAG Hits $410M While PENG Slows, Ethena Rallies on $310M Buybacks

23-Sep-2025

The crypto market thrives on momentum, and each cycle highlights coins that manage to attract the spotlight. Pudgy Penguins (PENGU) is wrestling with a bullish pennant breakout, while Ethena (ENA) surges on the back of aggressive buybacks and strong ecosystem developments.

Yet, despite their activity, neither PENGU nor Ethena can match the scale of what BlockDAG (BDAG) is delivering. With nearly $410 million raised, a confirmed $0.05 launch target, and coins still available at just $0.0016 in Batch 30, BlockDAG has turned speculation into measurable success. Its upcoming deployment event, innovative Buyer Battle feature, and cultural partnerships in global sports reinforce why many analysts are calling it the best crypto presale of 2025.

PENGU Bulls Face Uncertainty in Breakout Attempt

Pudgy Penguins (PENGU) is attempting a bullish pennant breakout, but the data suggests hesitation. Trading at $0.03416, down 3.13% in the last 24 hours, its $2.14 billion market cap shows strength, yet daily volume has dropped more than 54% to $460 million. If buyers sustain pressure, the pennant pattern points to upside potential near $0.09.

Still, derivatives data cools optimism. Futures Taker CVD shows sellers dominating, open interest has fallen 7% to $367 million, and long liquidations of $164K are outweighing short liquidations at $42K. This combination signals that aggressive bulls are being flushed out. Liquidity clusters around $0.033–$0.035 suggest choppy price action ahead, and PENGU may need stronger buyer conviction before a lasting recovery can begin.

Ethena Rallies With $310M Buybacks Driving Market Scarcity

Ethena (ENA) has surged almost 15% over the last week, fueled by a $310 million buyback plan that allocates $5–7 million in daily buying pressure for the next six to eight weeks. At $0.81 and a market cap of $5.62 billion, ENA has already repurchased 7.3% of its circulating supply, creating a scarcity effect that supports market optimism.

Macroeconomic conditions provide further tailwinds. If the Fed cuts interest rates, lower T-bill yields could make Ethena’s USDe synthetic dollar more attractive with its 7–10% APY. Current supply stands at $12.8 billion, giving ENA’s governance coin even greater utility. Q4 catalysts, including integration with OKX and a permanent fee switch for buybacks, add to bullish projections. Analysts like Arthur Hayes point to $1.50 as a major target, though risks tied to unlocks and macro shifts remain.

BlockDAG Redefines Success With Deployment Event and Sports Deals

BlockDAG continues to stand out as the best crypto presale by combining funding power with active delivery. At just $0.0016 per coin in Batch 30, BDAG has already raised almost $410 million and gathered 312,000+ holders. With a confirmed launch price of $0.05, the presale alone highlights why this project is pulling away from competitors.

The upcoming deployment event will be a crucial turning point, transitioning BlockDAG from presale buzz into real-world ecosystem adoption. Alongside this, the Buyer Battle feature distributes 50 million BDAG coins daily, rewarding top buyers in a transparent, gamified system that ensures fair engagement and keeps excitement high.

BlockDAG is also extending its brand into global culture through partnerships with the Seattle Seawolves (rugby) and Seattle Orcas (cricket). These collaborations show how BDAG is not just a technical project but a cultural movement with reach far beyond crypto circles. By blending adoption milestones, innovative coin distribution, and mainstream visibility, BlockDAG proves why it is the best crypto presale available right now.

Final Word: Why BlockDAG Leads in 2025

The current market landscape is diverse. PENGU shows technical potential but struggles with conviction. Ethena shines through buybacks, macro tailwinds, and integrations that strengthen its governance utility.

BlockDAG is different. With almost $410M already raised, 19,970 miners shipped, and over 3M mobile miners active worldwide, it is far more than a presale idea. Add in the confirmed $0.05 launch price, gamified Buyer Battle rewards, and cultural partnerships, and you have a project that is clearly building for mainstream recognition.

For traders evaluating opportunities, the choice is clear. Between speculative setups and proven delivery, BlockDAG emerges as the best crypto presale of 2025. Missing it now could mean overlooking one of the most powerful growth stories of the year.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu


This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.

Also read: Axelar and Midas Launch mXRP With Up to 10% Yield for XRP Holders
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