BlockDAG Demo: 200 BDAG/Day, 0% Vesting as ENA & SHIB Rally
BlockDAG will host a live mining demo on July 23, showcasing its X1 mobile miner and X10 hardware miner. Early participants can mine up to 200 BDAG tokens per day. This event marks a key step toward the project’s mainnet launch on August 11. BlockDAG’s ongoing presale has raised $348 million at $0.0016 per BDAG, with over 24 billion tokens sold. A 0% vesting pass ensures all tokens are fully unlocked at launch, offering immediate liquidity for traders.
Meanwhile, Ena Protocol (ENA) surged 15% in 24 hours after announcing a partnership with a major DeFi platform. Shiba Inu (SHIB) saw a 20% jump in trading volume to $1.2 billion, indicating renewed retail interest. Traders should monitor BDAG scarcity, ENA momentum, and SHIB activity on-chain and in exchange order books for potential short-term opportunities.
Bullish
BlockDAG’s live mining demo and 0% vesting pass directly enhance token utility and liquidity, supporting a bullish outlook in both the short and long term. The ability to mine up to 200 BDAG per day during the test demonstrates tangible network activity, fostering trader confidence and creating immediate on-chain demand. The fully unlocked token supply at mainnet launch removes vesting-related sell pressure, further stabilizing prices post-listing. Additionally, bullish spillover from ENA’s 15% rally and SHIB’s volume surge reinforces positive market sentiment across altcoins. Short-term traders may capitalize on increased BDAG scarcity and volatility, while long-term holders benefit from clear proof of function and full token unlocks that underpin sustainable growth.