NewsCryptoChainlink Reaches $12.82, Dogecoin Tops $0.10 as BlockDAG Raises Buyback Price 1.5x to $0.03

Chainlink Reaches $12.82, Dogecoin Tops $0.10 as BlockDAG Raises Buyback Price 1.5x to $0.03

Author: CoinoMedia·

Key Takeaways

  • •Chainlink rose 8% to around $12.82, with analysts identifying $8.04 as key support and a resistance zone between $13.90 and $20.60 for the rally to continue.
  • •Dogecoin climbed more than 15% to above $0.10, making it the strongest performer among major cryptocurrencies during the rebound.
  • •Over $1 billion in derivatives positions were liquidated, with short sellers accounting for approximately $844 million, or 82%, of the total, including roughly $608 million in Bitcoin and $181 million in Ethereum.
  • •Chainlink's official reserve has grown to roughly $70.5 million, and no tokens have been sold from it since August of last year, according to WallStreetX.
  • •BlockDAG reports $200 million wagered through its casino and sportsbook and more than 10 billion coins staked, while raising its Buyback Price 1.5x from $0.02 to $0.03 for a seven-day window with direct entry still at $0.00000017.
Chainlink Reaches $12.82, Dogecoin Tops $0.10 as BlockDAG Raises Buyback Price 1.5x to $0.03

Chainlink and Dogecoin led a broad cryptocurrency rebound, with LINK trading near $12.82 after an 8% daily gain and DOGE climbing more than 15% past $0.10. The moves came as more than $1 billion in derivatives positions — predominantly short positions — were liquidated across the wider market. Liquidations occur when exchanges force-close leveraged trades after losses erode a trader's collateral, and the skew toward shorts means bearish leveraged positions absorbed most of that unwind.

Away from the major coins, BlockDAG is building a case among buyers with a longer horizon. The project reports that its casino and sportsbook arm has cleared $200 million in wagering and that more than 10 billion BDAG coins are already staked. A revised Buyback structure has also gone live, restoring eligible balances to user dashboards and raising the Buyback Price 1.5x to $0.03 for a seven-day window, while direct entry remains open at $0.00000017.

Chainlink Price Climbs to $12.82 as Buyers Eye Resistance

The Chainlink price has climbed to around $12.82, gaining 8% in the past 24 hours and nearly 13% over the last week. The advance suggests buyers are becoming more active, although the token still faces important levels ahead.

Analysts are watching $8.04 as key support. As long as the Chainlink price stays above that level, the token could remain within a stronger recovery pattern. On the upside, resistance is expected between $13.90 and $20.60, a wide zone that represents the next major test for the move.

Chainlink runs a decentralized oracle network that delivers offchain data, such as price feeds, to smart contracts across the industry. The project is also drawing attention because its official reserve has grown to roughly $70.5 million after a recent $11 million purchase. According to WallStreetX, no tokens have been sold from the reserve since August of last year. While these purchases may support market confidence, they do not guarantee further gains. LINK will need to hold its support and overcome resistance for the current upward move to continue.

Dogecoin Jumps 15% to Lead the Market Recovery

The broader crypto market is bouncing back, with Dogecoin at the front of the move. In the latest Dogecoin news, DOGE jumped more than 15% to above $0.10, making it the strongest performer among major cryptocurrencies. Bitcoin also gained around 5% in 24 hours and remained above $85,600.

Much of the rise followed the liquidation of more than $1 billion worth of crypto positions, with short sellers accounting for approximately $844 million, or 82%, of the total. Bitcoin made up roughly $608 million of those liquidations, while Ethereum contributed $181 million. For readers parsing those numbers: a short liquidation force-closes a leveraged bearish position once losses exceed its collateral, with the underlying asset bought back as part of the closure.

Other major assets advanced as well. XRP climbed 7% to nearly $1.52, Solana rose 5% to almost $117, and Ethereum gained 3% to around $2,740. Meanwhile, technology stocks strengthened as enthusiasm around artificial intelligence returned. Dogecoin remains closely watched as traders assess whether the broader rebound can continue without further forced liquidations.

BlockDAG Raises Buyback Price 1.5x for Seven-Day Window

Ask crypto analysts which projects deserve a closer look right now and BlockDAG's name tends to come up more than most. Part of that comes down to performance that is difficult to ignore: its casino and sportsbook business has cleared $200 million in wagering.

The recently launched BDAG AI added an estimated $500 million to the project's valuation, according to BlockDAG, and the network runs on DAG-based architecture built to keep transactions and smart contracts moving on the same chain. More than 10 billion coins are already staked by holders.

Analysts also flag two developments still ahead: a native exchange and a Super App, which the project expects could accelerate entry once they launch.

In the meantime, current buyers have a fresh structure to work with. BlockDAG has finalized a new framework that lets the USDT Buyback move forward under updated requirements, and any previously eligible Buyback amount is back in each buyer's USDT Buyback Balance, visible directly on the dashboard.

For the next seven days, the Buyback Price has been raised from $0.02 to $0.03, a 1.5x increase for this limited window. Direct BDAG remains available at $0.00000017. Because BlockDAG is still a presale-stage project, both prices are set by the project itself rather than by open-market trading — worth keeping in mind when considering the project-reported valuation figures above. Purchases of both BDAG Legacy and New BDAG made during the seven-day window count toward a buyer's eligible Buyback Allocation, with Legacy and New BDAG combining under one USDT Buyback Balance that the dashboard calculates automatically. Settlements are processed in batches under the revised requirements, so buyers should expect some added processing time as each batch clears.

Few projects at this stage combine a working casino, an AI product, staking numbers this large, and more infrastructure still on the way — a mix analysts argue makes BlockDAG a strong candidate among current projects.

The Outlook

Looking ahead, the Chainlink price still has work to do, with the $13.90 to $20.60 zone set to decide whether this rally has real staying power or stalls out near current levels. Holding above $8.04 remains the line in the sand for bulls.

On the Dogecoin side, the picture is just as critical. DOGE is riding a liquidation-driven spike, and traders will need to see the move confirmed with fresh volume rather than short-covering alone before calling it a genuine trend.

BlockDAG, meanwhile, is citing strong demand metrics: $200 million wagered through its casino and sportsbook, roughly $500 million in added valuation attributed to BDAG AI, and more than 10 billion coins staked by holders. With the Buyback Price up 1.5x to $0.03 and direct entry still at $0.00000017, the project is framing the seven-day window as a limited opportunity that will not stay open long.

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