Bonk has jumped 38% this week, with price analysis showing strong retail and smart money accumulation. Derivative data supports the upside, though some resistance levels remain. Meanwhile, the Tron (TRX) price drop triggered by whale activity has traders worried. A 1.85% dip and broken support suggest the sell-off could extend further.
On the other hand, BlockDAG’s not caught in the mess; it’s making moves. Its upcoming X1 and X10 miners demo on Wednesday is aimed at making mining accessible through a phone app and compact hardware. Over $348 million has already been raised, with 24.2 billion coins sold. A $0.0016 entry is live until August 11, putting BlockDAG (BDAG) forward as the best crypto coin to buy before the next big move.
Bonk Price Analysis: Derivatives Signal Bullish Sentiment
Bonk (BONK) has gained 38% in the past week, showing strong momentum. Bonk price analysis highlights heavy accumulation by both retail and smart money players. Spot buyers moved $31.44 million worth of BONK into private wallets, while smart money added $1.78 million, the largest such inflow among Solana memecoins. Derivative traders are also bullish, with a positive Funding Rate of 0.0114% backing the sentiment.
Bonk price analysis suggests a breakout pattern with targets around $0.00003900. However, two resistance levels, $0.00003461 and $0.00003680, still challenge the move. While accumulation continues, Bonk price analysis shows the broader market remains in a distribution phase, with 31.88 trillion BONK sold in 24 hours. Sustaining gains depends on whether this selling pressure eases.
Tron (TRX) Price Drop: Traders Brace for More Losses
Tron (TRX) is under pressure after whale activity triggered a sharp sell-off. A mysterious wallet dumped 150 million TRX ($48.66M) to HTX, which then sent 100 million TRX to Binance. That move raised concerns of a potential sell-off, causing a 1.85% drop and a 45% dip in volume.
The Tron (TRX) price drop has traders cautious, especially with TRX breaking key support at $0.323. If the decline continues, the Tron (TRX) price drop could extend to $0.2965, a 7% fall. The RSI still isn’t in oversold territory, and short positions now outweigh longs. Despite some withdrawals from exchanges, sentiment leans bearish. Unless momentum shifts quickly, TRX could see more downside in the short term.
BlockDAG’s Miners Demo: Breaking Down the Barriers to Easy Crypto Mining
Crypto mining has always been associated with technical expertise and expensive setups, but BlockDAG is changing the game. This Wednesday, BlockDAG will showcase its innovative X1 and X10 miners, a step that promises to redefine how mining is approached.
Unlike traditional rigs that require complex configurations, the X1 and X10 system is designed for ease of use. With the X1 app, anyone can mine up to 20 BDAG daily directly from their smartphones, while the X10 hardware takes it to another level, boosting earnings to 200 BDAG per day. This live demonstration will highlight how accessible and efficient mining can be, even for everyday users with no prior experience.
The excitement around this demo is compounded by the impressive performance of BlockDAG’s presale. Over $348 million has been raised, with more than 24.2 billion coins sold. The price has surged 2,660% from its initial launch, now sitting at $0.0276 in batch 29.
But there is a kick; BlockDAG is currently offering a low-price entry of $0.0016 until the August 11 GLOBAL LAUNCH release. This limited-time offer allows buyers to secure coins at a fraction of their future value, making it an enticing opportunity for anyone looking to get involved before the official price increase.
As the live demo approaches, BlockDAG’s combination of cutting-edge technology and impressive presale numbers makes it one of the best crypto coins to buy. This new phase in mining accessibility, combined with the growing market interest, suggests that BlockDAG is just getting started.
What’s Gaining Real Traction
BONK shows promise with strong accumulation, while Tron (TRX) struggles after a sharp whale-triggered sell-off. BlockDAG, however, is pushing ahead with real momentum; its upcoming X1 and X10 miners demo aims to simplify mining for everyday users through a sleek app and compact device.
With over $348 million raised and 24.2 billion coins sold, interest keeps climbing. The 2,660% price jump from early batches and a $0.0016 entry available until August 11 make it a rare low-barrier play. This mix of accessibility, performance, and timing positions BlockDAG as the best crypto coin to buy right now.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
This article is not intended as financial advice. Educational purposes only.
