Avalanche (AVAX) has risen about 18.9% over the past week after moving above $27, a level traders are watching as potential support. Mantle (MNT) has also advanced, reaching $1.68 before pulling back, while futures open interest has been reported above $211 million. These moves have drawn short-term trading interest, while some market participants are also following updates from BlockDAG.
BlockDAG has published figures related to an ongoing token sale and mining hardware distribution. According to project materials, it has raised close to $410 million, sold 26.3 billion tokens, and distributed nearly 20,000 miners across 130+ countries ahead of its planned “Awakening Testnet.” The project has also referenced a token sale price of $0.0013.
Avalanche Price Breakout Targets $32 as Bulls Build Momentum
Avalanche (AVAX) is gaining strength after a sharp 18.9% weekly rise, breaking out of a key ascending triangle pattern. The token now trades near $29, with buyers defending the $27 level that has flipped from resistance to support. Holding this zone is closely watched, as a drop back below it could increase the risk of a move toward $24.50 or $21.00.
If Avalanche maintains current support, some traders view the next area of interest around $31.50–$32.00, a level that has acted as a pivot in prior cycles. A move above this range could shift attention to higher resistance zones such as $38–$41, and potentially $49, depending on broader market conditions. Momentum indicators like RSI and MACD are often used by traders to assess strength, though they do not predict outcomes.
Mantle Rockets to $1.68: Can the Rally Break Toward $2?
Mantle (MNT) reached a new all-time high of $1.68 before easing to $1.61, marking a 35% gain in one week and over 55% growth in a month. Futures open interest has been reported at about $211.8 million, more than triple last month’s level, which may indicate increased speculative positioning. Price and derivatives activity can change quickly, and elevated open interest can also add volatility.
Some technical traders point to a double-bottom neckline near $1.39 as a notable level that may act as support after the breakout. If that area holds, market participants may watch higher levels such as $2.28 as a possible resistance zone. A move back below $1.39 would be viewed by many traders as weakening the setup.
BlockDAG: Reported Token Sale Figures and References to Large Purchases
BlockDAG’s token sale has also been referenced in market commentary because of its reported fundraising totals. Project materials have highlighted several large purchases, including single-ticket buys said to be $4.4 million and $3.6 million. Such reports can indicate interest from large buyers, but they do not, on their own, confirm future performance, liquidity, or exchange-listing outcomes.
According to the project, BlockDAG has raised close to $410 million, sold 26.3 billion tokens, and onboarded 312,000 holders. It has also stated that its “Awakening Testnet” is scheduled to launch on September 25, and that a $0.0013 token sale price has been offered as part of its marketing. These figures and timelines have not been independently verified in this article.
The project has also described a network rollout that includes “X1 mobile miners” and the sale of dedicated mining units. As with any early-stage crypto project, readers may want to consider the typical risks around token distribution, security, technical delivery, and market liquidity.
Final Words
Avalanche (AVAX) has moved higher over the past week after breaking above $27, a level traders are watching as potential support, while Mantle (MNT) has set a new high near $1.68 alongside a reported increase in futures open interest. Both assets remain subject to fast-moving market conditions and volatility.
BlockDAG, meanwhile, has published token sale figures and a planned testnet date, along with marketing claims about large purchases and mining hardware distribution. Readers should treat such project-reported details as unverified unless independently confirmed.
Project website (for reference): https://blockdag.network
Telegram (for reference): https://t.me/blockDAGnetworkOfficial
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
