The crypto market begins November with diverging trends. Ethereum (ETH) and Chainlink (LINK) have shown softer momentum in recent sessions, while BlockDAG (BDAG) has continued to draw attention as an early-stage project. According to the project, its ongoing “Value Era” has attracted $86 million in institutional capital, bringing total token-sale funding to $435 million.
According to project materials, BDAG is priced at $0.005 in “Batch 32,” with 312,000+ holders and 4.3 billion tokens remaining. These figures have not been independently verified. Separately, ETH has traded below $4,000 and LINK has remained range-bound, reflecting a market still assessing near-term direction across major assets.
Chainlink’s Technical Analysis Shows Neutral Outlook
Chainlink (LINK) trades near $17.37, confined within a narrow range of $17.20–$17.40 as buyers and sellers remain evenly matched. The RSI at 42.76 reflects neutrality, while a positive MACD histogram may indicate early divergence, though this does not guarantee further upside.
LINK remains below its 50-day moving average ($20.35), which can be read as weaker mid-term strength. Key resistance is cited around $18.52, with a move toward $20.19 possible if the token breaks higher. A fall below $17.20 could expose support at $15.69, where prior recoveries formed.
Institutional activity in LINK has been described as moderate, with price action reflecting consolidation rather than a clear trend. While technical indicators can be useful for monitoring market conditions, they are not predictive on their own and should be considered alongside broader risk factors.
Ethereum’s Price Drop Tests Market Confidence
Ethereum (ETH) has fallen below $4,000 for the first time in three months, prompting debate over its short-term trajectory. Analysts from 10x Research have warned ETH may underperform Bitcoin, citing fading institutional demand and more than $550 million in ETF outflows within two weeks. BlackRock alone reportedly sold $118 million worth of ETH in one day.
Technically, Ethereum faces a bearish moving average crossover, a pattern that in prior cycles has coincided with declines. At the same time, negative funding rates can sometimes indicate positioning that could unwind in either direction. Despite market weakness, on-chain activity was described as reaching record highs in October, reflecting continued usage across DeFi and stablecoins.
Ethereum remains a widely used network and a major asset by market value, but the recent price drop has cooled sentiment as competition increases and macro conditions remain uncertain.
BlockDAG Token Sale Reports $435 Million in “Batch 32” at $0.005
BlockDAG’s “Value Era” is being positioned by the project as a fundraising phase for its network. The team says its token sale has raised $435 million, including an $86 million institutional deal. The project states BDAG is priced at $0.005 in “Batch 32.” These figures are based on project disclosures and have not been independently verified.
BlockDAG describes its design as combining Proof of Work with a Directed Acyclic Graph (DAG) structure to support scalability and security. The project also claims its “Awakening Testnet” has demonstrated throughput above 1,400 transactions per second and supports Ethereum Virtual Machine compatibility, which it says would allow developers to deploy smart contracts, NFTs, and dApps using its tooling.
The team also reports operational milestones, including sales of more than 20,000 “X Series” miners and 3.5 million+ active users on an “X1 mobile miner” app. As with other project-provided metrics, these numbers have not been independently verified.
According to the project, BDAG has more than 312,000 holders, has undergone audits by CertiK and Halborn, and has announced exchange listings with MEXC, BitMart, and LBank. Announced audits and listings can vary in scope and timing, and readers should verify details independently through primary sources.
Final Note
As November unfolds, the contrast between established assets and newer projects remains visible. Ethereum’s price drop has highlighted questions about institutional flows, while Chainlink’s recent trading range reflects a market still looking for clear direction.
BlockDAG’s reported institutional participation and token-sale totals are part of that broader backdrop, though such figures are based on project statements and should be treated cautiously.
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
Project website (for reference): https://blockdag.network
Project Telegram (for reference): https://t.me/blockDAGnetworkOfficial
This article contains information about a cryptocurrency token sale. Crypto Economy is not associated with the project. This article is for informational purposes only and does not constitute financial or investment advice.
