The crypto market’s midweek buzz has been dominated by two fast-moving headlines, BONK’s double-digit price surge and Shiba Inu’s historic burn rate spike. BONK pulled off one of its most aggressive 24-hour moves in weeks, while SHIB’s supply squeeze lit up social feeds. Yet, in the background, BlockDAG’s presale continues to steam ahead with more than $376 million raised and 2.5 million miners already active through its X1 app.
With BONK traders hunting for a breakout, SHIB holders celebrating a rare supply shock, and BlockDAG investors watching the presale clock, the competition for market attention has never been sharper. But unlike meme coin momentum swings, BlockDAG’s growth is tied to real mining adoption, exchange-ready infrastructure, and gamified presale engagement that could carry its momentum beyond the current hype cycle.
BONK’s 10% Price Leap Turns Heads
BONK surged 10% from $0.000025 to $0.000027 between Aug. 12–13, marking one of its largest single-day moves in weeks. The rally began after establishing firm support at $0.000024, fueling renewed buying from retail traders and larger players. Volatility spiked to 13%, and trading volumes topped the 24-hour average of 956.8 billion tokens, signaling institutional involvement.
Momentum peaked early on Aug. 13 before profit-taking trimmed gains, with a 38-billion-token sell-off pulling the price to $0.00002646. Still, $0.000024 support held strong, preserving the bullish structure. The move came shortly after Nasdaq-listed Safety Shot’s $25 million allocation to BONK’s ecosystem via the Bonk.fun launchpad, adding an institutional angle to the narrative. Traders now eye $0.000027 as a key breakout level, with a sustained push higher potentially igniting the next leg of momentum, while a break below $0.000024 could stall the rally in the short term.
SHIB Burn Rate Ignites Supply Shock Narrative
Shiba Inu’s burn rate rocketed 83,891% in 24 hours after an anonymous wallet destroyed 85.79 million SHIB, the largest single burn since July 29. This drove SHIB’s price 5% higher to $0.00001368 and contributed to a 637.92% weekly burn rate increase, with 101.62 million tokens burned over the week.
No other burn in the last two weeks had crossed 20 million SHIB, making this a standout event. In the same 24-hour span, six transactions destroyed a total of 88.03 million SHIB, reinforcing scarcity signals despite the token’s massive 589 trillion supply. The burn coincided with a broader market rally led by Ethereum and Solana, boosting sentiment for SHIB holders. With a clear link between high-profile burns and price movement, the community is watching whether this momentum can turn into a sustained trend, especially if more large-scale burns follow.
BlockDAG’s Miner Army and $376M Presale Steal the Spotlight
While BONK and SHIB have commanded headlines in the past 24 hours, BlockDAG is quietly building a foundation designed to outlast short-term market swings. Currently in Batch 29 and priced at $0.0276, the project has already raised over $376 million, edging closer to its projected $0.05 launch price. This steady momentum is driven by three key forces that set it apart.
The first is its 2.5 million-strong X1 mobile miner network, where users earn BDAG tokens through a Proof-of-Engagement model, no costly hardware required. This pre-launch community offers BlockDAG an active, global user base before its token even lists on exchanges.
Second is the rollout of Dashboard V4, which redefines the presale experience. Far from a simple purchase portal, it delivers a live, exchange-style environment featuring real-time BDAG price charts, order book data, wallet tracking, leaderboard rankings, and referral statistics. This transparency and interactivity give participants a preview of post-launch trading conditions.
The third driver is Buyer Battles, a gamified feature awarding each day’s largest purchaser with any unsold BDAG allocation. This creates daily competition, repeat engagement, and a unique incentive structure that keeps investors active throughout the presale.
By combining a vast miner network, a highly interactive dashboard, and competitive gamification, BlockDAG’s presale has become more than just a fundraising effort, it’s a fully engaged ecosystem in motion. With strong infrastructure already in place, it’s positioning itself as a project capable of sustaining growth well beyond the hype cycles dominating today’s crypto headlines.
Wrapping Up!
BONK’s price jump and SHIB’s massive burn prove that crypto headlines still move fast, and traders will always chase short-term catalysts. Yet, both stories also highlight how quickly momentum can shift in the meme coin space.
BlockDAG, on the other hand, is building an infrastructure-heavy approach, anchored by millions of active miners, a gamified presale model, and tools that mimic the post-launch experience before the token is even listed. With a price still set at $0.0276 against a $0.05 target, the upside is quantifiable and tied to fundamentals, not just sentiment.
As the market juggles short-term volatility and long-term plays, BlockDAG’s steady climb suggests that sustained adoption may win out over hype-driven spikes, making it a project worth watching closely as launch day approaches.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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