Bitcoin News Today: BlockDAG 10 BTC Auction Enters Final 2 Days as Presale Nears $367M Raised

BlockDAG’s 10 BTC Auction is entering its final two days, with the presale nearing completion ahead of the project’s scheduled August 11 launch. The auction offers participants a chance to win a share of 10 Bitcoin, with results to be announced on August 15. Over 200,000 participants have already joined the presale, which has raised more than $367 million and sold 24.8 billion BDAG tokens. At the current presale price of $0.0016, investors face a potential return of 3,025% if the token reaches its estimated $0.05 launch price [1]. The auction adds an extra incentive, as buyers’ participation volume determines their share of the Bitcoin prize pool [2]. BlockDAG’s ecosystem also continues to grow, with more than 2.5 million active miners and 4,500 developers supporting over 300 Web3 projects [1]. The recent launch of Dashboard V4 offers real-time visibility into market activity, further solidifying the project’s credibility ahead of public trading [1].

Meanwhile, ONDO remains in a critical phase as it trades near $0.9419, having recorded a 2.24% recovery. Traders are closely watching whether it can break through the $1 resistance level, which could trigger Fibonacci targets at $1.32 and $1.50 [1]. Analysts suggest that if ONDO fails to push past $1, it may retreat toward earlier lows. Some forecasts predict a price above $2.07 by year-end, but these are conditional on the token demonstrating strength in the near term [1]. Traders are adopting a cautious stance, waiting for a clearer directional signal before committing further capital.

SUI has experienced a significant pullback, dropping nearly 20% this week following a large token unlock of 76.27 million coins. The price has settled near $3.46, and traders are debating whether the current level presents a buy-the-dip opportunity [1]. While the fundamentals remain strong—July saw SUI’s decentralized exchange volume surpass $14 billion—market participants remain divided on whether the decline signals weakness or a setup for a rebound [1]. The recent unlock has created short-term uncertainty, though growing institutional interest, including ETF filings from major firms, suggests long-term potential [1].

BlockDAG’s timeline is more defined than either ONDO or SUI. Both its global launch and the 10 BTC Auction are scheduled to conclude on August 11, offering a fixed-date opportunity for significant returns alongside bonus Bitcoin rewards [1]. This clear roadmap, combined with active ecosystem growth and a closing reward pool, positions BlockDAG as a standout project in the final days of its presale. In contrast, ONDO and SUI remain in a state of flux, with outcomes depending on key price movements and market sentiment in the coming weeks.

As the crypto market remains dynamic, BlockDAG’s combination of high potential returns, active development, and a structured launch timeline distinguishes it from other projects. The final days before the auction’s expiration are expected to drive increased participation, with the outcome potentially influencing broader market sentiment [1].

Source: [1] BlockDAG's 10 BTC Auction Ends in 4 Days as ONDO Tests Resistance, SUI Faces Sell Pressure

https://coindoo.com/blockdags-10-btc-auction-ends-in-4-days-as-ondo-tests-resistance-sui-faces-sell-pressure/