Bitcoin News Today: BlockDAG Presale to Close as Mantle Hits $0.93 and SHIB Whales Accumulate 600% More

BlockDAG’s $0.0016 presale entry is set to close in the coming days ahead of its scheduled global launch on August 11, generating urgency among investors seeking early access to the token at a significantly discounted rate [1]. The project has already raised over $364 million in its presale, with the current batch priced at $0.0276—well above the final presale price of $0.0016. Analysts note that early buyers who secure tokens before the public listing could realize a return of over 3,025%, positioning BlockDAG as a notable opportunity in the current crypto landscape [1]. The project leverages Directed Acyclic Graph (DAG) technology to enhance scalability, security, and transaction efficiency, addressing long-standing limitations of traditional blockchain networks.

Simultaneously, Mantle (MNT) has experienced significant growth in market capitalization and price performance. Over the past 30 days, the token has surged by 63.6%, reaching a five-month high of $0.93 [1]. Mantle, a layer-2 Ethereum scaling solution, now holds the position of the largest layer-2 network by market cap, valued at $3.13 billion. The recent price rally is attributed to increased network activity and anticipation surrounding the upcoming launch of its UR app, which integrates Swiss bank accounts and crypto self-custody with Mastercard debit cards. The app is set to exit beta on August 8, further fueling expectations of expanded adoption and utility [1].

Meanwhile, Shiba Inu (SHIB) has shown signs of renewed whale activity, with large holders accumulating 435.55 billion tokens within 24 hours, marking a 600% increase since August 3 [1]. This sudden accumulation suggests strategic positioning among major stakeholders, potentially signaling a long-term bullish stance. Despite this positive sentiment, SHIB’s price has lagged behind other altcoins, leading to frustration among retail investors. The accumulation, however, could drive future price appreciation if accompanied by broader network activity and ecosystem development.

The broader market has also seen increased interest in other presale projects, such as Cold Wallet and Token 6900, both of which are offering substantial return potentials to early investors. Cold Wallet’s presale is currently priced at $0.00998, with an expected listing price of $0.3517, offering a potential return of over 37 times [2]. The project has raised over $5.8 million and sold 698 million tokens, reflecting strong early traction. Token 6900 has raised $1.6 million in its presale, underscoring growing demand for tokens that offer early entry advantages and tangible utility [2].

Bitcoin’s HYPER update is also gaining attention for its Layer-2 scalability ambitions, with its presale exceeding $7 million in funding. The project is expected to launch between Q3 and Q4 2025, aiming to provide faster and cheaper transactions, which could enhance adoption and liquidity [2]. However, the success of these projects remains contingent on future developments, including infrastructure advancements and evolving market conditions.

Investors are encouraged to carefully assess the risk and reward profiles of each opportunity, particularly as the market continues to evolve with new entrants and shifting dynamics. While presale participation offers the potential for substantial returns, it also carries inherent volatility and uncertainty, especially for projects still in their early stages.

Sources:

[1] TheCoinrise.com, [https://thecoinrise.com/blockdags-0-0016-presale-entry-to-close-soon-while-mantle-grows-by-market-cap-shiba-inu-whales-break-silence/](https://thecoinrise.com/blockdags-0-0016-presale-entry-to-close-soon-while-mantle-grows-by-market-cap-shiba-inu-whales-break-silence/)

[2] TheCoinrise.com, [https://thecoinrise.com/cold-wallets-37x-roi-potential-leaves-token-6900-hype-bitcoin-hyper-funding/](https://thecoinrise.com/cold-wallets-37x-roi-potential-leaves-token-6900-hype-bitcoin-hyper-funding/)