Large trades, market rebounds, and a strong presale update are keeping the crypto space active. The Shiba Inu (SHIB) price drop of 10 percent came after a whale shifted $70 million worth of SHIB overnight, unsettling traders. In contrast, the Near Protocol (NEAR) price movement posted a 9 percent gain, closing at $2.81 on strong buying interest.
While price shifts made headlines, BlockDAG (BDAG) delivered something different. Its latest demo featuring the X1 app and X10 miner proved that daily BDAG output can grow tenfold, from 20 to 200 coins. This comes as the presale surpasses $354 million with 24.3 billion coins sold. With the price fixed at $0.0016 through August 11, is BDAG positioning itself as the best crypto for the future?
Near Protocol Price Movement: 9 Percent Recovery Backed by Institutional Demand
NEAR Protocol bounced 9 percent in the past day, moving from a low of $2.59 to end at $2.81. This uptick followed a surge in institutional buying after an early morning decline, driving total trading volume to 7.91 million units. A range is now forming between $2.79 support and $2.82 resistance, suggesting short-term stability.
The upward move comes alongside NEAR’s new partnership with Everclear to build a cross-chain stablecoin settlement platform aimed at a $1 trillion market. Analysts see this as a sign of continued accumulation despite broader market swings, with $2.59 acting as a key support zone for upcoming trends.
Shiba Inu Price Drop: Whale Transfer of $70M Sparks a 10 Percent Pullback
SHIB declined by 10 percent over the past 24 hours, currently trading at $0.00001312. The move followed a large 5 trillion SHIB transfer worth approximately $70 million from Coinbase Institutional to an unidentified wallet. This triggered a volume increase, with daily activity hitting $522 million.
Support is now seen at $0.00001328. If it fails to hold, the price could test the next key level at $0.00001200. Resistance remains at $0.00001417 and $0.00001558. SOPR data shows limited selling at a loss, pointing to cautious sentiment rather than panic. Traders are watching closely for sideways action or potential recovery patterns.
BlockDAG Demo Shows X1 & X10 Pairing Can Deliver 200 BDAG Daily
BlockDAG’s recent demonstration of the X1 app working with the X10 miner represents a new level of mining performance. The live event revealed that daily output can rise from 20 to 200 BDAG simply by pairing the two tools, offering a user-friendly boost in productivity.
This development lines up with the current hardware rollout. While X30 and X100 units are already shipping, the X10 miner is set for distribution starting August 15. This mix of hardware and software adds real traction to BlockDAG’s ongoing presale. The project has already secured $354 million and sold 24.3 million BDAG coins, pushing toward a $600 million target and a $0.05 listing price.
With the current price of $0.0016 available only until August 11, the opportunity to lock in a 3025 percent return is drawing attention. This short window is proving important for both new participants and those increasing their mining setups.
Additionally, over 18,650 mining devices have been sold, generating $7.6 million in sales revenue. The rising use of the X1 app, growing participation, and momentum from the presale all suggest that BlockDAG is evolving into a fully active ecosystem.
Could BlockDAG Be the Best Crypto for the Future?
Looking at recent market action, the Shiba Inu (SHIB) price drop and Near Protocol (NEAR) price movement highlight how quickly market dynamics can change. However, both still depend on key technical levels to guide further price direction. Meanwhile, BlockDAG continues to move forward with new developments.
The latest X1 and X10 demo clearly shows that mobile miners can now produce up to 200 BDAG daily when paired with the X10 device. This not only raises daily output but also enhances future returns once BDAG hits the market.
With $354 million raised so far, 24.3 million BDAG coins sold, and the presale rate held at $0.0016 until August 11, BlockDAG presents a clear case. Add in the 2 million BDAG actively being mined today, and the project is showing real momentum. While other assets await a rebound, BlockDAG appears to be progressing with long-term growth already underway.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
