AVAX Struggles After 14% Drop, ALGO Stalls, and BlockDAG Gears Up for Miner Shipments and U.S. Sponsorship Reveal!
What’s next for Algorand (ALGO) and Avalanche (AVAX) after a week of heavy selling pressure and uncertain price levels? Algorand (ALGO) has seen whale accumulation but lacks momentum, while Avalanche (AVAX) market sentiment has turned cautious, despite strong social interest and high search demand. Both coins are presenting mixed signals, leaving traders in a holding pattern.
However, a new player is making moves with clarity and purpose. BlockDAG (BDAG) is not just about a single moment; it’s executing a full-scale buildout.
After onboarding over 2 million users through mobile mining, BlockDAG is shifting to the hardware phase. The X30 and X100 miners are set to ship on July 7, with X10 miners following on August 15. With over $312 million raised and the growing bullish energy, BlockDAG’s presale still offers a rare entry before the next phase begins.
Algorand Stuck in a Range: Will Bulls Reclaim $0.22?
Algorand (ALGO) is showing mixed signals, with increased on-chain activity but stagnant price action. Daily transactions recently spiked 66%, and whales have raised their stakes by over 5%, yet ALGO remains stuck in a long-term descending channel around $0.176. The price continues to face rejection near the $0.21–$0.22 zone, and momentum indicators like the RSI (44) and MACD suggest neutrality.
Short-term technicals are also weak, with the 9-period DEMA sitting at $0.1867 and multiple moving averages signalling potential sell pressure. Critical support levels lie at $0.18 and $0.1773, with a breakdown risking a further dip to $0.16. Until bulls push the price above $0.22 and volume increases, patience will be key for any trend shift in ALGO.
Avalanche Sentiment Split: Is the Recovery Imminent?
Avalanche (AVAX) market sentiment is divided after a nearly 14% drop on June 13, leaving traders uncertain about the next move. Despite the broader crypto market leaning toward “Greed,” AVAX’s whale activity remains neutral, and most of its trading volume is driven by short-term speculation. Retail interest is noticeable but not overwhelming. 
However, AVAX’s social mentions remain positive, with 76% carrying a favourable tone. On the charts, AVAX is trading below key resistance near $21, stuck in a range between $18.99 and $20.06. Short-term indicators point toward bearish trends, but longer-term forecasts suggest a potential recovery. The $19.97–$21 range is critical for AVAX to shift momentum back to buyers. Until a breakout occurs, the market sentiment remains cautious and uncertain.
BlockDAG Transitions to Hardware Mining: A New Era of Control and Efficiency
BlockDAG’s journey began with an innovative idea: enabling anyone to mine directly from their phone. The success of the X1 mobile mining app, which has now surpassed 2 million users, proved that low-barrier crypto access had real demand. But this was just the first phase. Now, BlockDAG is shifting towards high-efficiency hardware with the launch of the X30 and X100 miners on July 7, followed by the X10 units on August 15. These devices are designed for users seeking more throughput, better control, and higher BDAG yields.
This transition from mobile mining to hardware isn’t just about scalability; it’s about giving users control. With the mining infrastructure rolling out, BlockDAG is positioning itself to support large volumes of decentralised applications (dApps), smart contracts, and on-chain transactions. The July shipments mark a critical step in the platform’s long-term mining vision, which is powered by the combination of Proof of Work and Directed Acyclic Graph (PoW+DAG) technology.
The momentum continues to build, with a major brand partnership set for unveiling on June 20. This announcement is expected to drive significant visibility as BlockDAG gears up for listings on 20 exchanges, including five Tier-1 platforms. The smart contract vesting tool is already live, offering 40% of presale tokens during the countdown period.
With over $312 million raised in the presale and Batch 29 priced at $0.0276, BlockDAG is still offering a special price of $0.0018 until June 20. As the hardware shift begins, now is the time to join this rapidly growing project with enormous upside potential.
Final Thoughts
Algorand (ALGO) shows solid network activity, but its price momentum remains uncertain. Similarly, Avalanche (AVAX) is seeing mixed market sentiment after a sharp drop, with cautious recovery. Both coins are holding key support levels, but buyers haven’t fully stepped in yet.
In contrast, BlockDAG is moving ahead with a clear execution plan. The project has transitioned from mobile mining to full-scale hardware mining, with X30 and X100 units shipping on July 7 and X10 miners following on August 15. With over $312 million raised and the $0.0018 price offer available until June 20, now is the time to act before prices rise.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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