BlockDAG Presale Nears $441M Target as Shiba Inu and Cardano Face Market Challenges

BlockDAG’s presale has raised over $441 million, with only 3.5 billion coins left before the January 26 close. The project is currently in Batch 34, with a presale price of $0.003 per token. Market makers suggest the token could open at $0.38 to $0.43 on exchanges, significantly above its $0.05 reference price.

Ozak AI and Mutuum Finance remain in early development stages, with a focus on AI infrastructure and decentralized lending protocols, respectively. Neither project is expected to enter public trading soon. Ozak AI aims to build a cross-chain AI infrastructure, while Mutuum Finance is preparing a testnet for its lending framework.

Shiba Inu (SHIB) has broken its 3-month bearish trendline, rising approximately 17% in early January. The price has remained above the 20 EMA, suggesting continued bullish momentum.

Why the Move Happened

BlockDAG’s presale success is driven by strong demand and limited supply. With only 3.5 billion coins remaining, investors are racing to secure tokens at $0.003 before the final batch closes. Analysts highlight the limited float and expected liquidity support as key factors that could drive the opening price as high as $0.43.

Shiba Inu’s recent price action reflects a shift in market sentiment. The coin has broken above key resistance levels, supported by the 20 EMA and Fibonacci retracements. On-chain metrics, including the MVRV ratio, suggest the rally is not yet exhausted.

How Markets Responded

BlockDAG is attracting attention as one of the most closely watched presale projects. With 312,000 holders and over 3.5 million X1 mobile miners in use, the network is showing signs of strong user adoption. The limited availability of tokens is intensifying investor interest ahead of the presale close.

Shiba Inu’s price rise has drawn mixed reactions. While the coin has broken a key trendline, it faces immediate resistance at $0.0000099. A breakout above this level could trigger a move toward $0.000012. Traders are monitoring volume and moving averages to assess the strength of the rally.

What Analysts Are Watching

Analysts are closely monitoring how BlockDAG performs on public exchanges. The projected opening range of $0.38 to $0.43 suggests a strong market debut, but execution will depend on order book depth and liquidity support.

For Shiba Inu, the focus is on whether the recent rally can hold above the 20 EMA. A retest of this level could confirm or refute the bullish case. On-chain metrics, including the MVRV ratio and Chaikin Money Flow, will be key indicators to watch.