BlockDAG Surges 2,660% on $356M Presale and 2.5M X1 Miner Users

BlockDAG continues to gain traction in the crypto market, with its X1 Miner App now boasting over 2.5 million users globally. This mobile-based mining initiative allows users to mine BDAG tokens without the need for specialized equipment or high fees. Users earn between 20 and 200 BDAG coins daily depending on whether they use the app alone or in conjunction with BlockDAG’s X10 physical miners [1]. The project has also raised over $356 million in its presale, with 24.5 billion BDAG coins already sold [1]. The token price has surged from $0.001 to $0.0276 in Batch 29, representing a gain of 2,660% [1]. Analysts have projected a potential future value of $1 for BDAG, drawing comparisons with top-performing crypto assets in 2025 [1].

Meanwhile, Pudgy Penguins (PENGU) faced a turbulent week as internal token sales led to a sharp drop in price. PENGU touched $0.45 before retreating to $0.42, following a $66 million transfer of tokens to exchanges by deployers, a move not clearly tied to liquidity. Despite this, trading volumes on Korean exchange Upbit outperformed even Dogecoin, indicating strong retail demand [1]. However, technical indicators show a bearish shift, with RSI declining and price structure weakening. The Spot Netflow turned negative, a signal often associated with accumulation, but the overall trend remains uncertain [1].

BONK, a token within the Solana ecosystem, recorded a 6% rise, reaching $0.000036 after a midday buying surge on July 28. During a one-hour window, trading volume spiked to 3.8 trillion tokens, peaking at over 115 billion tokens per minute [1]. This surge coincided with a record high for Solana’s NFT activity, suggesting growing institutional interest. The increased activity signals confidence in BONK’s floor price, though the token remains subject to the typical volatility of meme coins [1].

BlockDAG’s success contrasts with the mixed fortunes of PENGU and BONK, highlighting the importance of real-world adoption and user engagement in the crypto space. While PENGU struggles with internal selloffs and BONK follows familiar meme coin patterns, BlockDAG is building a sustainable ecosystem with both presale participation and mobile mining [1].

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Source: [1] BlockDAG Hits 2.5M Miners & $356M Presale While BONK Surges & Pudgy Penguins Price Drops on $66M Exit (https://coinmarketcap.com/community/articles/688c50d5c8f70c45c7764674/)