Major sell-offs, unexpected rebounds, and a game-changing demo have put the spotlight on crypto once again. The Shiba Inu (SHIB) price drop took center stage with a sudden 10% dip, following a massive $70 million transfer that shook the market. Meanwhile, Near Protocol (NEAR) surged by 9%, closing strong at $2.81 after a wave of fresh buying activity caught analysts by surprise.
Amid these developments, BlockDAG (BDAG) is shaping a different narrative. Its recent demo of the X1 mobile app working with the X10 miner has demonstrated how mining rewards can jump tenfold, from 20 to 200 BDAG per day. With over $353 million already raised in its presale and 24.3 billion coins sold, the current price of $0.0016 is locked in until August 11, making BDAG a standout pick as the best crypto for the future.
Near Protocol (NEAR) Price Movement: 9% Rally on Strategic Buying
Over the last 24 hours, NEAR Protocol gained 9%, rebounding from a dip to $2.59 and closing at $2.81. A sudden increase in institutional buying volume, totaling 7.91 million tokens, helped fuel the recovery. The price has now established a consolidation zone between $2.79 support and $2.82 resistance, which traders interpret as a healthy technical base.
This price lift comes on the heels of NEAR’s latest collaboration with Everclear to advance stablecoin settlements across chains. Aimed at the $1 trillion global stablecoin market, this partnership could strengthen NEAR’s long-term potential. Market watchers say the $2.59 support level may serve as a crucial turning point for its next price direction.
Shiba Inu (SHIB) Price Drop: Whale Transfer Sparks 10% Fall
In the past day, Shiba Inu (SHIB) dropped by 10% and now trades at $0.00001312 after a jaw-dropping shift of 5 trillion SHIB (worth about $70 million) from Coinbase Institutional to an unidentified wallet. This abrupt movement caused daily trading volumes to spike to $522 million, sparking a selloff.
Technically, SHIB is hovering just above its key support at $0.00001328. A move below this level could bring $0.00001200 into play, while resistance sits at $0.00001417 and $0.00001558. Despite the downturn, on-chain SOPR metrics show most holders aren’t selling at a loss, suggesting they may be holding out for a rebound. Analysts believe consolidation is the likely next phase.
BlockDAG’s X1 + X10 Miner Demo Redefines Crypto Mining Potential
BlockDAG’s recent demonstration of the X1 miner app combined with the X10 miner has opened the door to next-level mining results. This live showcase proved that pairing the X1 software with the X10 unit can boost daily mining output from just 20 to 200 BDAG coins, a huge leap for mobile-first miners. This breakthrough has amplified interest among those looking to scale returns with minimal effort.
Coinciding with this, BlockDAG is progressing with hardware deliveries. While shipments for X30 and X100 are already underway, the rollout of X10 miners is set to start from August 15. This timing aligns well with the excitement around the $0.0016 presale price, which remains active until August 11.
Having raised more than $353 million and sold 24.3 billion BDAG coins, BlockDAG’s presale is speeding toward its $600 million cap and a listing price of $0.05. Those who got in early have already seen 2,660% growth in their funds since batch 1, a figure that has caught the attention of thousands.
With over 18,650 mining units already sold and $7.6 million in revenue generated from miner sales, the network continues to expand rapidly. The spike in usage of the X1 app, combined with a fast-growing community and strong presale momentum, supports BlockDAG’s emergence as a full-fledged Web3 ecosystem.
To Sum Up!
While the Shiba Inu price drop and Near Protocol price movement underline the volatile nature of crypto, BlockDAG is charting its course with real-time delivery and value creation. The recently completed demo of the X1 + X10 miner combo shows the potential to scale daily BDAG mining to 200 coins, which translates to better returns as launch nears.
With over $353 million raised, 24.3 billion coins already purchased, and a limited-time presale price of $0.0016 available until August 11, BlockDAG’s momentum is undeniable. Early adopters have already experienced 2,660% growth since batch 1, and the platform is closing in on its $600 million goal.
Unlike other projects waiting on future catalysts, BlockDAG is already delivering results, from miner sales to software growth, making it a compelling pick for anyone looking for the best crypto for the future.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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