• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Blockchain Week Rome (May 9-10, 2025)
    • Canada Crypto Week, Toronto (May 11-17, 2025)
    • Blockchain Futurist Conference, Toronto (May 13, 2025)
    • ETHWomen, Toronto (May 13, 2025)
    • HODL, Dubai (May 14-15, 2025)
    • Money20/20, Amsterdam (June 3-5, 2025)
    • TWS, Singapore (July 28-29, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
Use €200 discount code CRYP200 to buy tickets to Money20/20 (Amsterdam, June 3-5, 2025)
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Litecoin’s $100 Crash Looms, Chainlink Struggles—BlockDAG’s Developer Grants Fuel Unstoppable Growth

March 1, 2025 By CryptoReporter

Crypto markets remain unpredictable, with Litecoin nearing a critical $100 support level and Chainlink struggling as whale activity declines. While these projects grapple with volatility, BlockDAG is charting a different course—one focused on education, development, and long-term growth. With its structured learning initiative, substantial developer grants, and a presale surpassing $199.7 million, BlockDAG is fostering real adoption instead of reacting to market swings. 

As Litecoin and Chainlink face immediate challenges, BlockDAG continues expanding its ecosystem, reinforcing its position as a project built for sustainability rather than short-term speculation.

BlockDAG Academy and Developer Grants Set the Stage for Ecosystem Growth

BlockDAG is expanding beyond just a blockchain network by introducing BlockDAG Academy, a structured three-tier education system aimed at making blockchain knowledge more accessible. Specifically, the academy will cover general crypto education, BlockDAG-specific learning, and hands-on developer training, ensuring that users of all levels—from beginners to advanced developers—can gain valuable skills.

Furthermore, to support real-world application and growth, BlockDAG has also launched a $30 million grant program to fund promising projects and startups. This initiative not only encourages developers to build on the network but also provides grants ranging from $10,000 to $100,000 in BDAG and USDT. In addition, BlockDAG is teaming up with HackerEarth to host hackathons, allowing developers to showcase their talents and contribute to the ecosystem. 

Meanwhile, the community will also have the chance to get directly involved through the upcoming Ambassador Program, which will feature three levels—Explorer, Advocate, and Champion—rewarding members based on their engagement and contributions.

At the same time, BlockDAG’s presale continues to see remarkable success, with $199.7 million raised, batch 27 currently priced at $0.0248, and an ROI of 2,340% since batch 1. So far, over 18.3 billion BDAG coins have been sold, reflecting strong buyer confidence. With this level of backing, BlockDAG is positioning itself as a long-term ecosystem designed for both education and real-world blockchain application.

Chainlink’s Price Weakens as Whale Activity Declines

Chainlink (LINK) struggles as whale activity dwindles, leading to a 7% price drop, testing the $16 support level. According to on-chain data, large transactions exceeding $100K have plummeted by $484 million in the past week. Notably, high-value transfers dropped from 322 on February 18 to just 103, signaling reduced confidence among major buyers.

Additionally, Bitcoin’s decline below $95.5K has amplified LINK’s bearish sentiment, increasing the risk of further losses. Despite this, Chainlink’s long-term fundamentals remain strong, with growing adoption in DeFi protocols. Moreover, development activity remains steady, suggesting continued network expansion. 

If LINK fails to hold the $16 support, analysts predict a potential drop toward $14, adding pressure to short-term traders. Conversely, if buying pressure increases, LINK could recover to above $18. For now, buyers remain cautious as the market awaits further signals, with whale participation being a crucial factor in determining LINK’s next move.

Litecoin’s Descent: Approaching the Critical $100 Threshold

Litecoin (LTC) is currently trading at $110.87, reflecting a significant decline of $13.04 from the previous close. During this period, the intraday high reached $124.23, while the low touched $107.02.

Meanwhile, the cryptocurrency market has experienced substantial liquidations, with approximately $250 million wiped out in the past 24 hours. As a result, this downturn has exerted considerable pressure on Litecoin, causing its value to approach the critical $100 support level.

According to analyst Ali Martinez, a bearish pattern has appeared in Litecoin’s daily chart, noting a double-top reversal near the $130 resistance. Following this, the price has descended to the midline support around $115. If this support fails, the next target appears to be the lower boundary of the parallel channel, situated near $98.

Given these conditions, the recent sell-off has eroded bullish momentum, and the prevailing market sentiment suggests a potential retest of the sub-$100 zone. Therefore, traders and buyers are advised to monitor these key levels closely, as a breach below $100 could signal a further downside for Litecoin.

BlockDAG Moves Forward as Others Face Uncertainty

Litecoin’s struggle to hold key support levels and Chainlink’s declining whale activity highlight the volatility that continues to shape the market. While these assets battle price swings and buyer hesitation, BlockDAG remains focused on building a sustainable ecosystem. Its structured educational programs, developer funding, and strong presale performance demonstrate a long-term vision that extends beyond short-term market trends. 

As uncertainty looms over Litecoin and Chainlink, BlockDAG continues expanding its foundation, positioning itself as a project with real-world applications and long-term potential rather than one driven by fleeting market cycles.

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

Primary Sidebar

Follow Us

Press Releases

XRP Price Prediction: XRP Weekly Chart Signals Massive Breakout Ahead as RXS Crypto Price Aims for $11.40

May 8, 2025

Galaxy Partners with Zodia Custody Enabling Access to Staking, Liquidity, and Financing Solutions

May 7, 2025

HTX Premieres USD1 Stablecoin Globally, Partnering with World Liberty Financial to Forge a New Era of Decentralized Economy

May 7, 2025

Comparable Company Analysis: Benefits For More Accurate Valuations

May 7, 2025

Where Founders Met the Right VCs: Supermoon x Peanut Trade x Kolo | Token2049 Dubai

May 7, 2025

Blockchain Week Rome 2025

Blockchain Futurist Conference

TWS Conference

Money20/20

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter