Bittensor, Sui Climb 50%, 1.7% as BlockDAG Surpasses $351M Presale with 3,025% Return Potential

Bittensor (TAO) and Sui (SUI) are gaining momentum amid favorable technical indicators, with market analysts highlighting potential for significant price gains. TAO’s price has rebounded 50% from June lows, currently trading above $430, supported by a Golden Cross where the 50-day EMA surpasses the 100-day EMA. The Moving Average Convergence Divergence (MACD) remains in a bullish territory, while the Relative Strength Index (RSI) at 64 suggests upward energy, though short-term pullbacks are possible. Futures Open Interest has surged to $318 million, signaling increased market participation. Analysts note that a sustained close above key EMAs could propel TAO toward $500, though external factors like the upcoming U.S. Federal Reserve meeting may influence sentiment [1].

SUI’s performance mirrors a broader altcoin rebound, trading near $4 with a 1.7% weekly gain and 24-hour volume hitting $1.6 billion. Positive technical signals, coupled with growing developer activity, have drawn comparisons to Solana’s early growth trajectory. Some experts speculate SUI could rise to $20–$50, though these projections remain unverified. The token’s utility in decentralized applications (dApps) and expanding ecosystem are seen as key drivers of sustained interest [1].

Meanwhile, BlockDAG (BDAG) is accelerating its infrastructure development, with over 4,500 builders contributing to 300+ real-world projects, including AI tools, DeFi protocols, and enterprise solutions. The network’s presale has raised $351 million, with 24.3 billion BDAG tokens sold out of a planned 1,000 billion. The presale price remains fixed at $0.0016 until August 11, offering a 3,025% return potential when compared to the $0.05 launch price. This progress underscores BlockDAG’s focus on utility-driven growth, with developers emphasizing tangible use cases over speculative hype [1].

The infrastructure phase has already demonstrated scalability, with active deployment of dApps and applications. Projected developer engagement aims to surpass 1,000 dApps by 2026, aligning with broader trends in decentralized finance (DeFi). Unlike many nascent projects, BlockDAG’s presale traction and active development phase position it as a long-term asset, blending early-stage innovation with measurable progress [1].

Market observers distinguish between speculative optimism and data-driven growth. While TAO and SUI rely on technical indicators and market sentiment, BlockDAG’s value is anchored in its developer community and presale performance. Analysts caution that macroeconomic shifts, particularly in the AI sector, could impact short-term volatility for TAO and SUI. However, BlockDAG’s tangible development milestones suggest a more resilient trajectory [1].

Source: [1] [title] [https://www.livebitcoinnews.com/tao-and-sui-target-fresh-highs-as-blockdags-4500-builders-shape-300-defi-projects/]