Bitcoin News Today: Toncoin Nears $3.55 Resistance, BlockDAG Presale Hits $0.0016 With 10 BTC Auction

Toncoin is currently positioned near a key resistance level at $3.55, with price activity consolidating between $3.35 and $3.43. Analysts are closely monitoring this zone, as a breakout could signal the start of a broader upward movement toward $4.00. Recent on-chain data shows increasing whale activity and rising trading volume, reinforcing the possibility of a sustained rally. Technical indicators, including open positions and momentum metrics, also reflect strong buying interest. Should the price pull back temporarily, the $3.11–$3.26 range is seen as a potential re-entry point for traders [1].

Meanwhile, Shiba Inu is underpinned by a critical support zone between $0.000011 and $0.000012, where a significant portion of SHIB tokens—nearly 100 trillion—held by over 325,000 addresses are currently at a profit. This concentration of tokens at a profit increases the likelihood of buying pressure if the price dips toward this range. The token is currently holding above its 50-day moving average, and on-chain data indicates that a large portion of the supply is controlled by long-term holders, potentially limiting panic selling even in a downturn [1].

In contrast to the speculative dynamics of Toncoin and Shiba Inu, BlockDAG is leveraging a structured presale model with tangible incentives. The project has raised over $357 million to date, selling more than 24.5 billion tokens across 29 batches. As it enters its final presale phase, BlockDAG is offering a limited-time price of $0.0016 per token, a significant discount to its current batch price of $0.0276. Simultaneously, the 10 BTC Auction is underway, with winners to be announced at the project’s GLOBAL LAUNCH. Every purchase during this period enters buyers into the draw, with rewards distributed proportionally to purchase volume. This mechanism is designed to reward early commitment and incentivize mass participation ahead of the official launch [1].

The strategic incentive structure of BlockDAG differentiates it from its peers, which are more reliant on market sentiment and technical resistance/support levels. By combining deep entry pricing with high-value rewards, BlockDAG is positioning itself as a presale-driven project with a clear roadmap and exchange readiness. With over 20 exchanges already confirmed for the token, the presale’s final phase is generating strong engagement, particularly as the auction deadline approaches on August 11 [1].

While Toncoin and Shiba Inu continue to attract attention for their short-term price movements and technical setups, BlockDAG is building a foundation that emphasizes participation rewards and structured capital allocation. This contrast highlights the evolving landscape of crypto projects, where speculative momentum is increasingly being challenged by incentive-based models that align investor and project goals more directly [1].

Source: [1]Toncoin Targets $4, Shiba Inu Holds Support, BlockDAG Presale at $0.0016 Offers 10 BTC Jackpot (https://coinmarketcap.com/community/articles/688b6c4bf68f6d08ebbf8afd/)