BlockDAG launches 100% bonus as Polkadot holds $4 support

BlockDAG announced a 100% bonus on BDAG purchases (code BDAG100) as its price, up 2100% since batch 1, continues to climb, while Polkadot (DOT) trades at $4.14, barely above the $4.00 psychological support level [1].

BlockDAG’s bonus drive and market momentum

BlockDAG’s presale raised $110 million and sold 14.8 billion BDAG coins, giving it a community of roughly 170,000 unique holders [1]. The project’s mainnet testing is ahead of schedule, and the new 100% bonus—granting an extra BDAG for every coin bought—was introduced in response to “enthusiastic requests” from that community [1]. Early investors have already seen a 2100% price increase, and the current batch is priced at $0.0016 through August 11 [3]. The bonus effectively doubles each purchase, aiming to accelerate adoption before the mainnet launch.

Polkadot’s fragile support

Polkadot slipped about 1% in the past 24 hours, settling at $4.14, just above the $4.00 support zone that analysts view as both a psychological and technical barrier [1]. Trading volume remains stable, and the Awesome Oscillator suggests rising bullish momentum, implying a potential breakout if DOT can hold above $4.00 [1]. The $4.00–$4.30 range has defined recent price action, making any breach of the lower bound a key trigger for short‑term direction.

Tokenomics and on‑chain context

BlockDAG’s tokenomics include a total supply of 24 billion coins, with 14.8 billion already sold in the presale [1]. The 100% bonus does not involve vesting, offering immediate access to the full amount purchased [3]. Polkadot’s circulating supply and upcoming unlock schedules were not detailed in the sources, so their impact on price remains unclear.

What to watch

• BlockDAG: price level at $0.0020 (near the next batch price) and any extension of the 100% bonus beyond August 11.
• Polkadot: a break below $4.00 could signal further downside; a sustained hold above $4.30 may confirm a bullish breakout.
• XRP Ledger: the $1 billion tokenized fund launch by Aurum Equity Partners may affect liquidity flows on the XRP network [1].

BlockDAG’s aggressive bonus scheme underscores its push to grow a user base ahead of a mainnet launch, while Polkadot’s price teeters on a critical support level, leaving both projects poised for decisive moves in the coming weeks.