Bitcoin News Today: Nexchain Surpasses $7.2M Presale Amid Bitcoin Dominance Support, Altcoin Decline

The cryptocurrency market is experiencing a significant correction as Bitcoin’s dominance returns to a critical support level, prompting a pullback in altcoin performance. Amid this downturn, Nexchain has emerged as a standout performer in the presale crypto space, entering Stage 23 of its fundraising with over $7.2 million in USDT raised. The project, which launched an airdrop on July 14, 2025, is scheduled to debut its testnet on August 8, 2025, positioning it as a leader in utility-driven blockchain innovation [1].

Nexchain’s approach distinguishes itself through AI-integrated infrastructure, hybrid Proof-of-Stake consensus, and real-world applications in DeFi, supply chains, and healthcare. Its architecture supports hundreds of thousands of transactions per second with minimal latency and ultra-low fees, leveraging AI-enhanced smart contracts, sharding, and DAG technology. Token holders are incentivized to participate in a dynamic ecosystem, with the current presale price at $0.091 per NEX token and a projected listing target of $0.30 [1]. A concurrent airdrop event, offering $5 million in NEX tokens, has attracted over 12,000 participants competing for weekly prizes totaling $10,000 and a $300,000 grand prize [1].

The broader crypto landscape is shaped by shifting U.S. policies, with the re-election of Donald Trump and the Genius Act driving a surge in Bitcoin wealth. Finbold data reveals a 45% increase in Bitcoin millionaire wallets since November 2024, rising from 132,842 to 192,205 by July 2025. Wallets holding over $10 million in BTC grew by 16%, while the Genius Act’s regulatory clarity has spurred daily creation of 88 new Bitcoin millionaires on average in 2025 [1]. This institutional-grade environment fuels demand for presale projects with robust fundamentals, aligning with Nexchain’s emphasis on compliance-ready infrastructure and institutional-grade performance [1].

Nexchain’s leadership in the presale market stems from its focus on execution and long-term adoption. Unlike speculative projects, its AI-governed fraud detection, validator performance optimization, and post-quantum security features address real-world scalability challenges. The project’s progress—from airdrop to testnet deployment—demonstrates tangible milestones, differentiating it from fleeting presale launches. With applications spanning finance, logistics, and AI services, Nexchain aligns with the U.S.-driven crypto optimism while offering a structured path for investors seeking high-utility tokens [1].

Source: [1] [Altcoin Market Pull Backs As BTC Dominance Hits Support: Nexchain Leads Presale Cryptos in Stage 23] [https://coinmarketcap.com/community/articles/6884daaa1ff5d05911df6dea/
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