Bitcoin News Today: BlockDAG Hits 2,660% Return as August 11 Deadline Nears

As the crypto market moves with increasing urgency in August, several key projects are drawing attention due to their price action and imminent deadlines. Among them, is standing out with its fixed roadmap and clear timeline, which are generating momentum alongside rising interest in tokens like and .

BlockDAG is approaching a critical juncture on August 11, when both the and the will conclude [1]. These two milestones, set for the same day, are creating a rare convergence of opportunities for investors. The platform has already raised $360 million and sold over 24.46 billion BDAG tokens across 29 batches. The price in Batch 29 is currently $0.0276, representing a 2,660% return compared to the initial Batch 1 price. Additionally, the early $0.0016 entry price—available until August 11—could offer a potential 3,025% return based on the projected public launch price of $0.05 [1].

The 10 BTC Auction is also generating strong participation, with users encouraged to claim a share of the BTC prize pool based on their pre-August 11 purchases. This dual incentive structure—combining future price upside with immediate BTC rewards—has added to BlockDAG’s appeal as a time-sensitive investment opportunity [1].

Meanwhile, has seen significant upward movement after breaking out of a six-week falling wedge pattern. The token has gained strong momentum, with price levels currently above $0.000015 and potential targets at $0.000018, $0.000022, and $0.000026 [1]. On-chain metrics show rising open interest and trading volume, indicating growing market participation and easing selling pressure.

is also in a key phase, with its price testing a support range between $0.44 and $0.45. A successful hold could pave the way for a recovery toward $0.51 and beyond. However, if the price breaks below the support, it may head toward $0.30 [1]. Analysts are closely monitoring the pattern, which could signal a potential reversal if buying interest remains strong.

With the market focusing on both price movements and time-bound opportunities, the crypto sector is showing a mix of technical and event-driven dynamics. While ARB and BONK remain under observation for their respective resistance and support levels, BlockDAG is distinguished by its structured timeline and clear milestones, offering a unique blend of growth potential and immediate rewards [1].

Source: [1]BlockDAG GLOBAL LAUNCH release Ends on August 11, BONK Surges And ARB Tests $0.44 (https://coinmarketcap.com/community/articles/68902354b3afd664ab382ff7/)