Bitcoin News Today: BlockDAG Presale Hits $362.5M With 10 BTC Auction As SUI and LINK Gain Momentum

The cryptocurrency market is witnessing a surge in activity as several high-potential projects draw attention in August 2025. Among them, Sui (SUI) and Chainlink (LINK) are showing signs of building momentum amid broader market speculation, while BlockDAG’s (BDAG) record-breaking presale and 10 BTC Auction continue to dominate headlines [1].

Sui has entered a critical accumulation phase, trading between $2.79 and $2.63, with analysts suggesting this could be the catalyst for a stronger upward move [1]. Recent data shows $14 billion in trades processed on Sui’s decentralized exchanges during July, indicating sustained ecosystem engagement [2]. Furthermore, a $450 million Treasury Strategy allocation has been reported, signaling institutional interest and a potential long-term price target as high as $14 [1]. The key challenge for SUI lies in maintaining this support zone and overcoming resistance near $4.30.

Meanwhile, Chainlink is positioned near $16.45, with technical indicators pointing to a possible breakout if bullish momentum persists. The asset is currently within a falling wedge pattern, a formation historically associated with upward reversals [1]. Trading volume has exceeded $308 million, reflecting increased participation. Analysts suggest that a breakout above $18 could trigger a move toward $30, offering a compelling narrative for traders [1].

However, BlockDAG has emerged as the most talked-about project of the month, driven by a presale that has already raised $362.5 million with over 24.7 billion BDAG coins sold [1]. The project is now offering a 10 BTC Auction Pool, where participants who purchase BDAG before August 11 will be entered into a draw for a share of the Bitcoin reward [1]. This incentive is layered on top of the $0.0016 launch price, which stands in stark contrast to the anticipated $0.05 listing price—potentially offering a 3,025% return [1]. Early buyers have already seen gains of over 2,660%, and the network has mobilized more than 2.5 million mobile miners, establishing a functional ecosystem ahead of public trading [1].

The urgency for investors is amplified by the short timeframe. The $0.0016 entry window will close on August 11, after which the price jumps to $0.0276, nearly 17 times higher [1]. This fixed deadline creates a compelling case for those considering early entry, especially given the growing infrastructure and engagement metrics currently in place [1].

While Sui and Chainlink continue to gain traction as blockchain infrastructure solutions, BlockDAG’s active, time-sensitive approach is reshaping the pre-launch landscape. With a presale nearing $600 million in funding goals and real-time tools like Dashboard V4 and X1 mobile mining already operational, the project is demonstrating tangible progress beyond speculative interest [1]. These factors contribute to its standing as a unique and compelling investment opportunity in an increasingly competitive market [1].

Source:

[1] Less Than a Week Left: BlockDAG’s $0.0016 Entry Nears Deadline as Algo Forecast, HLP Rally Intensify (https://crypto-economy.com/less-than-a-week-left-blockdags-0-0016-entry-nears-deadline-as-algo-forecast-hlp-rally-intensify/)

[2] BlockDAG Archives (https://punchng.com/tags/blockdag/)

[3] Large-cap alts: LTC gains 12%, XRP at key level, SOL lands double institutional buy (https://www.bitcoininsider.org/article/281654/large-cap-alts-ltc-gains-12-xrp-key-level-sol-lands-double-institutional-buy)