PENGU Aims for a Breakout, Cosmos Pulls Back, and BlockDAG’s $373M Milestone with Dashboard V4 Takes Center Stage

The crypto market this week is split between projects pushing for bullish breakouts and others wrestling with sharp reversals. PENGU is shaping up for a move out of a cup-and-handle pattern, with some analysts projecting a run toward $0.082 if it clears key resistance. Conversely, Cosmos (ATOM) faced a steep drop on strong selling pressure before staging a late recovery.

Amid these contrasting market setups, BlockDAG (BDAG) continues to command attention. Now past the $373 million mark in its presale, priced at $0.0276 in Batch 29, it’s leveraging Dashboard V4, a hybrid blockchain model, and high-profile sports partnerships to strengthen its position ahead of launch.

PENGU’s Technical Setup Points to $0.082 Target

PENGU is edging closer to breaking out from a well-defined cup-and-handle formation. Currently priced at $0.03843, it’s up 12.6% in the past week after rebounding from solid $0.030 support. Since bottoming in April, PENGU has climbed 800% from yearly lows, building a base that suggests room for more upside.

A potential catalyst is the SEC’s ongoing review of the first-ever CBOE-backed ETF proposal tied to an NFT-linked memecoin, signaling a step toward market legitimacy. Additionally, rising adoption in South Korea and China, supported by the appeal of the Pudgy Penguins NFT brand, has pushed both volume and market cap higher.

If $0.045 resistance breaks on strong volume, analysts see a path toward $0.082. However, holding above $0.030 remains critical to maintaining the current bullish structure.

ATOM’s Volatile Session Ends with a Recovery

Cosmos (ATOM) experienced a wide trading range between August 10–11, swinging 6.20% from a $4.77 high to a $4.48 low. Early gains saw ATOM move from $4.66 to $4.75 on more than 1.46M units traded, setting short-term support at $4.69. Heavy institutional selling later reversed the move, creating resistance at $4.71.

The final hour, however, shifted momentum. ATOM bounced 1.68% from $4.49 to $4.56, breaking through $4.50 and $4.53 resistance with a 60,000-unit trade spike. News of Coinbase adding support for dYdX (COSMOSDYDX) on the Cosmos network reinforced interest from larger market players.

While volatility remains a factor, the recovery into session close has traders watching whether this rebound can extend into the next sessions and establish a more stable uptrend.

BlockDAG’s $373M Presale, Dashboard V4, and Market Reach

BlockDAG is advancing toward launch with a momentum rarely seen in presales. Having raised over $373 million, BDAG’s current Batch 29 pricing of $0.0276 still leaves a gap to its confirmed $0.05 launch price, attracting consistent participation.

Dashboard V4 has been a notable driver of engagement. It replicates an exchange-like experience, allowing participants to view live price charts, place instant buy/sell orders, track wallet balances, and monitor a real-time order book. Competitive leaderboards, referral tracking, and built-in bonus calculators add an interactive layer that keeps user activity high.

On the technical side, BlockDAG’s hybrid blockchain-DAG framework offers high throughput with strong security guarantees, while full EVM compatibility ensures seamless smart contract deployment. The low-code smart contract builder further opens the platform to creators without advanced coding skills, expanding its adoption potential.

Outside of tech, the project has secured official partnerships with the Seattle Seawolves (Major League Rugby) and Seattle Orcas (Major League Cricket). These deals integrate Web3 elements like fan tokens, NFT-backed content, and gamified fan engagement, introducing the brand to audiences well beyond crypto-focused communities.

This combination of funding strength, technical design, and cultural outreach is positioning BlockDAG as more than a presale success; it’s shaping up as a launch-ready ecosystem with both utility and visibility.

Final Takeaway

PENGU’s cup-and-handle formation signals the possibility of a strong breakout toward $0.082, provided it can clear $0.045 with volume support. ATOM’s session swings highlight the push-pull between profit-taking and renewed buying, with its late recovery hinting at possible stabilization.

Yet, BlockDAG’s trajectory is operating on a larger scale. With $373 million raised, a still-discounted presale price, an interactive presale dashboard, hybrid network architecture, and high-profile sports partnerships, it’s combining market traction with real-world integration.

For those weighing immediate trading setups against projects building long-term ecosystems, BlockDAG offers a case that bridges both, positioning itself as one of the most anticipated launches in the current market cycle.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu