BlockDAG’s X1 App Hits 2M Users: What It Means for TAO and DOGE Investors in the Race for Web3 Dominance

Posted by: Khodex Adey
Technology
14th June 2025

BlockDAG’s X1 App Hits 2M Users: What It Means for TAO and DOGE Investors in the Race for Web3 Dominance

In a year defined by AI-fueled tokens and meme coin momentum, BlockDAG’s X1 App has just delivered one of the most tangible wins in the Web3 sector: a verified user base surpassing 2 million.

As the crypto world watches Bittensor (TAO) rally institutional interest and Dogecoin (DOGE) flirt with another Fibonacci-driven breakout, this new data point from BlockDAG sends a clear message: mass adoption isn’t just coming, it’s already here.

This milestone doesn’t just signify tech traction; it represents the growing clout of utility-first Web3 platforms. With the race to onboard the next billion users intensifying, the numbers from BlockDAG’s mobile-first strategy raise serious questions for investors weighing the long-term upside of TAO, DOGE, and other projects in the “best Web3 crypto projects” conversation.

Bittensor (TAO) Market Analysis: Institutional Firepower Meets Fixed Supply

Bittensor (TAO) has been one of the most talked-about AI tokens of 2025. Its recent adoption by Nasdaq-listed firms like Oblong (which raised $7.5 million for a TAO-based AI strategy) and Synaptogenix (committing $10 million, twice its market cap, to TAO purchases) marks a seismic shift in institutional sentiment.

TAO now commands a market capitalization exceeding $3.8 billion, placing it at the top of the AI category. However, its growth outlook faces resistance from broader macro conditions like Bitcoin dominance and the delayed arrival of altseason.

While TAO’s fixed supply economic model and on-chain incentive structure remain attractive, the challenge lies in bridging speculative momentum with real user growth, something BlockDAG is actively achieving through its X1 App.

TAO investors may find themselves reevaluating their thesis as metrics like active users and real-world integrations increasingly influence project rankings in the Web3 ecosystem.

Dogecoin (DOGE) Price Projection: Fibonacci Flashbacks and Holder Growth

Dogecoin, meanwhile, continues its unique blend of meme energy and market performance. Technical analysts have flagged DOGE for a potential breakout to $2.28, based on a Fibonacci extension from its 2022 bear market low of $0.06036. This implies a 3,670% upside from its current level around $0.1912.

DOGE has also overtaken both XRP and USDC in wallet count, with 7.97 million holders, making it the third-largest crypto by unique addresses. This growing user base reflects renewed interest in DOGE’s simplicity, low entry price, and increasing utility in micro-transactions and tipping.

However, Dogecoin’s Achilles heel remains its lack of structured utility and technical development compared to the likes of BlockDAG. While DOGE could very well experience another parabolic surge, it lacks the foundational roadmap that projects like BlockDAG and Bittensor are actively building.

BlockDAG’s X1 App: The 2M-User Milestone That Changes Everything

BlockDAG’s X1 App, a Proof-of-Engagement (PoE) mining tool launched as part of the company’s Layer 1 ecosystem, has crossed 2 million active users, a feat rarely seen among Web3-native platforms.

The app allows mobile users to mine BDAG tokens with minimal power requirements and incentivizes daily engagement through leaderboard rewards, staking, and social sharing. This blend of gamification and blockchain utility has pushed adoption skyward since its rollout earlier this year. Notably, the app hit 1 million downloads in May, before leaping another 1 million in under four weeks.

These numbers place BlockDAG far ahead of most competitors still grappling with user acquisition. Early adopters of the app will be able to redeem mined credits into live tradable tokens once the network transitions to its mainnet.

As of now, BlockDAG is in Batch 29 of its presale. The current BDAG token price stands at $0.0276, with a total of $303 million raised so far. The estimated launch price is $0.05, offering early investors a substantial potential return.

BlockDAG’s Layer 1 architecture complements its mobile push. Built on a Directed Acyclic Graph (DAG) framework with EVM compatibility, it offers superior scalability and gas efficiency. This combination of mobile UX and protocol-level power is rare, and could be critical in defining the next cycle’s leaders among the best Web3 crypto projects.

The team’s recent teaser about a cultural partnership with the USA further boosts its mainstream appeal, creating speculation that BlockDAG may be angling for a lifestyle brand-meets-Web3 identity that few crypto ventures have successfully captured.

The Bigger Picture: Utility Is the New Narrative

In the battle for Web3 dominance, raw speculation is giving way to metrics that reflect usability, accessibility, and community traction. The Bittensor market analysis highlights a coin with serious institutional backing. The Dogecoin price projection points to another possible meme rally. But BlockDAG has quietly done something more disruptive: it built a user base.

With over 2 million mobile users, five exchange listings, and hints of USA cultural crossover, BlockDAG has moved beyond whitepapers and presale promises. It is onboarding users, locking in daily engagement, and offering a functional gateway to its native blockchain; a trifecta that puts it in rare company.

For investors hunting the best Web3 crypto projects, the X1 App’s success suggests BlockDAG could be much more than another altcoin, it might be the blueprint for mass-market crypto adoption.