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

BlockDAG (BDAG) has intensified its presale momentum with a 10 BTC auction pool aimed at rewarding early participants. As of now, the project has raised over $364.5 million of its $600 million target, with the final sale phase set to close on August 11 [1]. Investors buying BDAG before this date will be eligible to win a share of the prize pool, with rewards distributed proportionally based on the number of tokens purchased. The auction mechanism, which requires no minimum spend and no additional entry steps, has attracted a broad range of buyers, including first-time investors [1].

The prize pool is currently valued at over $1.14 million, given Bitcoin’s price of $114,000. This offers participants not only exposure to BDAG’s potential price growth but also direct Bitcoin rewards. The token is currently trading at $0.0016 during the presale and is scheduled to list at $0.05 on the global market, offering a projected return of 3,025% for early buyers [1]. Some analysts speculate that BDAG could reach $1 within its first year, driven by factors including confirmed exchange listings, a user base of 2.5 million on its X1 mobile mining app, and strong dApp development [1].

Beyond the incentives, BlockDAG has demonstrated robust infrastructure. The network has sold 19,000 ASIC miners and is operating a DAG + Proof-of-Work consensus model with test speeds of 10 blocks per second and scalability from 2,000 to 15,000 TPS. The project supports EVM compatibility and has engaged 4,500 developers working on over 300 decentralized applications [1]. A demo trading platform has also been launched, allowing users to test BDAG transactions in a risk-free environment [1].

The combination of tangible progress, a strong community, and strategic incentives is fueling a surge in interest. As the presale approaches its $600 million goal, the 10 BTC auction is amplifying urgency and drawing more participants. The event reflects a broader trend in crypto crowdfunding, where reward mechanisms are used to both drive adoption and create immediate value for contributors [1].

BlockDAG’s presale is currently live at https://purchase.blockdag.network [1]. Investors are advised to monitor the countdown to the August 11 launch, as opportunities to secure both BDAG and Bitcoin rewards are closing quickly.

Source: [1] Buy BDAG, Win Bitcoin: BlockDAG’s 10 BTC Auction Turns Up the Heat as Presale Surges Toward $600M (https://cryptofrontnews.com/buy-bdag-win-bitcoin-blockdags-10-btc-auction-turns-up-the-heat-as-presale-surges-toward-600m/)