Bitcoin News Today: BlockDAG Presale Hits $368M As SHIB and PEPE Show Bullish Momentum

The cryptocurrency market is currently focused on BlockDAG (BDAG), Shiba Inu (SHIB), and PEPE, all showing notable movements. BlockDAG is in the final stage of its presale, offering BDAG at $0.0016 until August 11. After this date, the price is set to increase to $0.0276, representing a 17× surge. This presale has already generated $368 million in capital, highlighting the project’s growing traction [1].

Shiba Inu is showing signs of a potential price recovery. Analyst Javon Marks has identified a bullish divergence on SHIB’s two-day chart, forecasting a 156% price increase with a possible target at $0.000032 [1]. SHIB is currently consolidating above a key support zone between $0.00001050 and $0.00001250, historically a strong accumulation region. The coin has also broken out of a prolonged downward trend, adding to the positive momentum. Analysts are watching for a potential 70% price increase should SHIB break above the $0.00001715 resistance level [1].

PEPE is also gaining attention as a meme coin with upward potential. Analysts predict a 40% price rise if PEPE manages to break and hold above $0.00001136 [1]. Despite a 9% drop over the past week, PEPE remains supported above $0.000010, with over 7 trillion coins withdrawn from exchanges, reducing available supply and potentially easing selling pressure. On-chain data indicates a phase of accumulation for PEPE, with a potential short squeeze expected if resistance levels are breached [1].

BlockDAG’s presale includes an added incentive in the form of a 10 BTC Auction, where purchases made before August 11 qualify buyers for a chance to win a share of 10 Bitcoin. The V4 Dashboard enhances the presale experience by offering real-time data, instant trade capabilities, and referral tracking, making it function like a live exchange [1]. The platform also includes gamified elements such as leaderboards and bonus calculators, increasing user engagement and participation.

The project has secured partnerships with professional sports teams such as the Seattle Seawolves and Seattle Orcas, enabling the integration of NFTs, fan coins, and interactive content into mainstream sports. BlockDAG has also confirmed 20 exchange listings and is supported by over 2.5 million users of the X1 app, reinforcing its position as a fully operational ecosystem [1].

As SHIB continues to consolidate above critical support levels and PEPE shows signs of accumulation, BlockDAG remains a focal point with its limited-time presale offering. The combination of a 17× price jump and the 10 BTC Auction makes the project an attractive option for investors seeking to capitalize on the final phase of the presale. The convergence of these market movements positions BDAG, SHIB, and PEPE as key players in the current crypto landscape [1].

Source: [1] Last Chance For BlockDAG’s $0.0016 Special Presale, 17× Surge Ahead As Shiba Inu And PEPE Gain Momentum!

https://cryptonewsland.com/last-chance-for-blockdags-0-0016-special-presale-17x-surge-ahead-as-shiba-inu-and-pepe-gain-momentum/