XRP News Today: Shiba Inu and XRP Rally as BlockDAG Presale Hits $368M

Shiba Inu (SHIB) and XRP have drawn significant attention amid evolving price patterns and growing speculative interest. SHIB, currently trading at $0.000012, has held above key support levels for the past 24 hours, despite a 7% weekly decline. Analysts point to a potential breakout from a long-term downtrend and suggest that a sustained rally could see SHIB reach $0.000025 [1]. This optimism is supported by the token maintaining its position above the 50-day simple moving average and the Relative Strength Index returning to neutral territory, both signaling potential for a rebound [2].

XRP, meanwhile, has rebounded from a critical support level of $2.65 and is currently trading at $2.70. A 3% rise in the last 24 hours has rekindled bullish sentiment, with analysts forecasting a possible move toward $5 within one to two months [3]. Technical indicators, such as the daily bullish engulfing candle and the breakout from a bull flag pattern, have reinforced this outlook. Favorable macroeconomic conditions, including potential U.S. dollar weakness and regulatory clarity under the Genius Act, are also being cited as tailwinds for the asset [4].

In contrast to these market-driven plays, BlockDAG (BDAG) is generating attention through a limited-time presale. The Global Launch price of $0.0016 is available until August 11, after which it will surge to $0.0276—a 17× increase—before reaching its confirmed $0.05 target. The project has already raised over $368 million and sold 24.9 billion tokens, with early buyers seeing returns of 2,660% since the initial batch [5]. The Dashboard V4 offers presale participants a near-live trading experience, including real-time charts, order book updates, and referral tracking, while the 10 BTC Auction incentivizes further participation [6].

BlockDAG’s practical utility is also gaining traction, with X1 and X10 mining demonstrations showcasing accessible mining via mobile app and plug-and-play hardware. Strategic partnerships with sports teams like the Seattle Seawolves and Seattle Orcas are expanding its brand presence, and 20 confirmed exchange listings are building momentum ahead of its official launch [7]. With over 2.5 million X1 app users, the project is demonstrating ecosystem maturity well before its official release.

The convergence of SHIB’s technical recovery, XRP’s macroeconomic tailwinds, and BlockDAG’s presale urgency is creating a high-stakes environment for traders and investors. While SHIB and XRP remain speculative bets on bullish continuation, BlockDAG’s time-sensitive pricing model introduces an urgency that could attract risk-tolerant capital seeking high-growth opportunities in early-stage assets [8].

Source: [1]https://coinmarketcap.com/community/articles/68996be5071ea518c3f709da [2]https://coinmarketcap.com/community/articles/68996be5071ea518c3f709da [3]https://coinmarketcap.com/community/articles/68996be5071ea518c3f709da [4]https://coinmarketcap.com/community/articles/68996be5071ea518c3f709da [5]https://coinmarketcap.com/community/articles/68996be5071ea518c3f709da [6]https://coinmarketcap.com/community/articles/68996be5071ea518c3f709da [7]https://coinmarketcap.com/community/articles/68996be5071ea518c3f709da [8]https://coinmarketcap.com/community/articles/68996be5071ea518c3f709da