Mantle Surges 60 as UR App Launch Nears Shiba Whale Activity Booms BlockDAG Presale Hits 370 Million

The cryptocurrency market is currently witnessing a surge of activity, particularly among Mantle (MNT), Shiba Inu (SHIB), and BlockDAG (BDAG). Mantle has seen a 60% increase in its market value over the past month, reaching a $3.13 billion valuation and establishing itself as the largest Layer 2 network by market cap [1]. This rise is attributed to the anticipated launch of the UR app on August 8, which integrates Swiss banking services with Mastercard debit cards and crypto self-custody [2]. MNT has also experienced a 23% increase in the past week, bringing its price to $0.93, with a year-over-year rise of over 55% [1].

Shiba Inu (SHIB) is showing signs of renewed interest, especially among large holders. Whale activity increased by 600% in the last 24 hours, with major wallets accumulating 435.55 billion SHIB tokens [4]. Despite this significant accumulation, the token's price remains relatively stagnant compared to other altcoins [5]. Analysts suggest that this whale activity could signal a potential long-term growth phase for SHIB.

BlockDAG (BDAG) is preparing for its global launch, with the presale price of $0.0016 set to expire soon. The project has raised over $370 million in presale funds and attracted more than 2.5 million active users on its X1 Miner App [6]. Analysts predict that BDAG could reach $10 in the long term, offering substantial returns for early investors [7]. The project utilizes a Directed Acyclic Graph (DAG) architecture, aiming to improve scalability, speed, and security [8].

As the market continues to respond to these developments, Mantle’s integration into mainstream financial services and SHIB’s whale activity highlight the dynamic nature of the crypto space. BlockDAG’s strong presale performance and innovative technology make it a compelling option for investors seeking long-term growth.

Sources:

[1] AInvest, https://www.ainvest.com/news/mantle-surges-60-ur-app-launch-nears-whale-activity-boosts-shiba-inu-2508/

[2] CoinMarketCap Community, https://coinmarketcap.com/community/articles/6899ea50c4a7cb3a2ce85a80/