BlockDAG's Keynote 3 Reveals 1,000 dApps Plan – Litecoin Drops While Mantra Rises 10.21%

Discover why Litecoin struggles with price pressure as Mantra climbs 10.21%, and BlockDAG’s Keynote 3 reveals plans for over 1000 dApps by 2026—ushering in the next era of Web3.

Litecoin (LTC) price has slipped to a key support zone as broader crypto market pressure continues.

Meanwhile, Mantra (OM) technical analysis reveals a sharp 10.21% climb, signaling strong market support and steady resilience.

As the crypto market grapples with volatility, Litecoin (LTC) has slipped to a crucial support level, hinting at a potential reversal.

LTC is currently trading within a wedge, with further downslipping potentially pushing prices as low as $28. Conversely, holding this range might fuel a rally toward the $95 mark.

At press time, LTC is trading hands at $64.49, down 0.08% for the 24-hour period.

Litecoin price chart for LTC/USD on Monday, October 16. Credit: Benzinga

Despite the broader crypto market downturn, Mantra has shown surprising strength with a 10.21% rebound, reducing pressure on immediate support.

This move brings OM closer to the $7.11 resistance zone, continuing its formation within the triangle pattern.

The 50-day EMA is acting as active resistance, while the 200-day EMA provides strong support, demonstrating sustained buyer interest.

Furthermore, RSI indicators suggest bullish recovery, having retested the oversold range with a positive trendline signal, showing scope for further upward movement.

Mantra price chart for OM/USD on Monday, October 16. Credit: Benzinga

At press time, Mantra is trading at $6.20, showing a 10.21% increase for the 24-hour period.

On the other hand, BlockDAG (BDAG) is pivoting toward new horizons with its latest Keynote 3 unveiling plans to launch more than 1,000 decentralized applications by 2026.

Leveraging its unique system architecture, BlockDAG is forging a unique path for Web3, aiming to integrate dApps across diverse sectors, ultimately reaching a billion users with its technology.

The initiative will span vital areas such as finance, health, and gaming, aiming to deliver decentralized solutions tailored for real-life utility.

With a user base exceeding 170,000 unique holders and remarkable presale momentum delivering early backers a 2,380% return, BlockDAG is quickly becoming a standout contender in the decentralized tech space.

Its hybrid consensus protocol solves key performance issues and enables throughput of up to 15,000 transactions per second, a level critical for widespread use and broad adoption of Web3.

Future developments will focus on advanced features like account abstraction, identity tools, AI integration, and self-governing frameworks. These additions are designed to give users more control over their Web3 experience, fully supporting BlockDAG’s mission to transform how people interact with the decentralized web.

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News data source: kdj.com

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