Bitcoin News Today: BlockDAG Presale Hits $364.5M With 10 BTC Auction Driving Surge

Millions of investors are accelerating into BlockDAG’s presale ahead of its August 11 global launch, with the project now sitting at over $364.5 million in raised funds and 24.9 billion BDAG tokens sold [1]. The initiative is rapidly inching closer to its $600 million target, driven by a combination of functional product offerings, community engagement, and one of the most substantial reward systems in the crypto space — the 10 BTC Auction Pool [1].

The X1 Miner App, a free mobile application allowing smartphone users to mine up to 20 BDAG tokens daily through activity and referrals, has become a cornerstone of BlockDAG’s appeal. With over 2.5 million active users, the app not only facilitates token earning but also connects participants to the broader ecosystem, including the X10, X30, and X100 mining hardware [1]. Meanwhile, the sale of over 18,000 ASIC miners has further demonstrated strong demand for the project’s infrastructure [1].

The 10 BTC Auction Pool has intensified the final phase of the presale. Every BDAG token purchased before August 11 enters users into a draw for a share of the 10 BTC, with higher token volume increasing winning probabilities. Given Bitcoin’s current price, the total prize pool exceeds $1.14 million in real, liquid BTC [1]. This real-time incentive has spurred a surge in purchases, pushing the presale to record momentum [1].

At $0.0016 per BDAG token, the price remains fixed until the official launch. Post-August 11, BDAG is expected to debut at $0.05, offering early investors a theoretical 3,025% return. Some analysts forecast that the token could reach $1 in the coming year, fueled by several factors including a growing user base, multi-exchange rollout across over 20 platforms, and planned developments such as staking, DeFi tools, and dApp development grants [1]. Early investors have already seen a 2,660% growth in their funds since the first batch [1].

BlockDAG’s aggressive outreach includes a high-profile partnership with Inter Milan, referral contests led by influencers, and promotional campaigns across global billboards and online banners. These efforts have amplified the project’s visibility and community engagement [1]. The X1 App also features a leaderboard system to incentivize ongoing participation [1].

The project is not just a token launch; it represents a fully integrated ecosystem with operational tools and growing utility. As the presale nears its final stretch, the combination of real-world applications, active user engagement, and immediate Bitcoin-based rewards sets BlockDAG apart from traditional presale models [1].

The presale is set to end on August 11, marking the transition from presale pricing to full trading and utility deployment. With BDAG holders expected to gain access to staking, DeFi tools, and more, the project is preparing for a broader phase of adoption and integration [1].

Source: [1] Millions Rush Into BlockDAG’s 10 Bitcoin Auction: Is $600M Presale Goal Within Reach? (https://cryptofrontnews.com/millions-rush-into-blockdags-10-bitcoin-auction-is-600m-presale-goal-within-reach/)