PUMP and Arbitrum (ARB) are stealing chart space, but the quiet heavyweight is BlockDAG (BDAG), where millions already mine daily. PUMP’s latest spike came after a major buyback, and Arbitrum’s rise is linked to strategic ecosystem updates and a well-timed acquisition. Short-term traders chase green candles; those eyeing sustained traction look elsewhere.
BlockDAG fits that second camp. It’s adding 2.5 million X1 mobile miners, proving its X1 and X10 combo works in real-world conditions, and tying its brand to global sports audiences.
In a space where speed often trumps substance, PUMP offers quick catalysts, ARB benefits from structural tailwinds, but BlockDAG’s strength lies in user adoption, the kind that persists when market noise fades.
PUMP’s $11.6M Buyback Sparks Price Push
PUMP leapt roughly 15% to $0.004020 on close to $500M in daily turnover after Pumpfun’s $11.645M buyback on August 12, the second-largest in its history. Four hours later, another 175.3M tokens (~$705K) were repurchased, taking total buybacks past 7.66B tokens, worth over $43M. The tactic is clear: reduce supply, bolster sentiment, and ride momentum.
The charts show promise: MACD stays bullish, RSI near 60 signals strength without tipping into overbought territory, and high volume suggests sustained interest. Still, the average buyback price sits about 40% above current levels, meaning sentiment could flip on a pullback.
The near-term test is $0.00420; break and hold it, and eyes turn to $0.00450–$0.00500, with $0.00600 as a possible mid-term target. A slip could send the price back toward $0.00385 support. Long-range models place 2025 potential near $0.012–$0.015, but that requires more than buybacks; it needs favorable market winds.
Arbitrum Climbs on Ecosystem Wins
Arbitrum (ARB) climbed over 15% in the past 24 hours and almost 40% in a week, now trading around $0.5464 with $1.45B in daily volume. This rally stems from tangible progress: GMX’s $44M hack repayment plan stabilized confidence across its DeFi network, and Offchain Labs’ ZeroDev acquisition signaled better tools and developer experience ahead.
Technically, ARB has moved above $0.53 (23.6% Fib) and sits comfortably over major averages, including the 200-day SMA at $0.388 and 7-day EMA at $0.467. With RSI at 71.6, buyers are in control but edging toward overheated territory. Support rests at $0.54, then $0.4931.
Resistance sits at $0.5828 and the $0.60 barrier; a decisive break there would confirm this isn’t just a short-term rebound. MACD’s positive reading (+0.0121) supports continued upward momentum, with profit-taking as the main near-term risk.
BlockDAG’s X1 App Hits Stadium Scale: 2.5M Users!
BlockDAG’s focus isn’t chasing fleeting headlines; it’s creating a foundation. Its 2.5 million X1 mobile miners can participate daily without high-cost rigs or complex setup, making entry effortless. This early traction means a global network is already in motion before BDAG even lists.
July’s live demo linked the X1 app with the X10 plug-and-play miner, showing how casual users can scale to higher output through Bluetooth, Wi-Fi, or Ethernet. The takeaway is clear: start small, upgrade easily, and continue earning.
Partnerships with the Seattle Seawolves (rugby) and Seattle Orcas (cricket) push the brand into live stadiums and international broadcasts. These are more than logo deals; they integrate NFTs, fan coins, exclusive content, and match-day perks, converting sports audiences into active blockchain participants.
The numbers match the momentum. The presale has brought in $374M, with 24.7B coins sold at $0.0276 in Batch 29, ahead of the confirmed $0.05 launch price. Between widespread participation, public product validation, and high-profile marketing, BlockDAG is positioned for staying power.
While PUMP and ARB ride event-driven lifts, BlockDAG is building a user base, tech ecosystem, and fan integration designed to last well past the week’s hype.
Looking Ahead
The scoreboard reads: PUMP sparked action with bold buybacks, ARB restored trust and strengthened its toolkit, and BlockDAG kept scaling real-world usage. For short-term traders, PUMP’s $0.00420 test and ARB’s $0.60 barrier are the levels to watch. For those eyeing lasting momentum, BlockDAG stands out, phones mining daily, easy scalability to higher output, and fan partnerships that bring whole communities on-chain.
Hot runs get attention, but habits keep a project relevant. Even when price charts cool, networks that keep people mining, watching, and engaging tend to hold their ground. That’s why, alongside a meme coin bounce and a Layer-2 climb, the lasting headline may be the simplest: millions of users returning daily because it’s easy to start and even easier to grow.
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.
