SHIB Slumps on Weakened Deflation, ADA Surges Toward $2.12 as BDAG Presale Hits $383M

Shiba Inu (SHIB) faces increasing bearish pressure as it breaks below key support levels, including the 20-day moving average and Fibonacci retracement zones near $0.0000125. A significant drop in burn rates—down 98% to just 223,000 tokens daily—and a halving of trading volume to $206M have raised concerns about the token’s deflationary mechanism weakening [1]. Analysts warn that a breakdown below Bollinger Band support at $0.0000116 could lead to further losses, with the coin’s fate dependent on whether buyers can defend these levels or if selling pressure continues to dominate [2].

Meanwhile, Cardano (ADA) is showing strong bullish momentum. Whale activity suggests renewed confidence, with nearly 100 million ADA tokens purchased as the price rebounded from the $0.84–$0.87 range. A golden cross—where the 50-day moving average crossed above the 200-day—has been confirmed, a pattern historically associated with major price rallies [3]. Futures open interest has surged to a 7-month high of $1.13B, while daily trading volumes reached $7B, indicating growing interest from both retail and institutional traders [4]. Analysts have pointed to $1 as the next key target, with potential extensions to $1.80 and $2.12 if bullish chart patterns, such as symmetrical triangles, hold [5].

Amid these developments, BlockDAG (BDAG) has emerged as one of the most talked-about projects in the crypto space, having raised $383M through its presale. The project’s Hybrid DAG + PoW model, designed for speed, scalability, and adoption, differentiates it from traditional blockchains by enabling near-instant transactions and handling thousands per second. This architecture avoids congestion and supports real-world use cases like DeFi, payments, and gaming [6]. With 25.3 billion tokens sold at $0.0276, over 2.5 million mobile miners, 200,000 holders, and 19,400 mining units sold, BDAG’s adoption is already widespread [7].

Infrastructure designed for growth is central to BlockDAG’s strategy. As more users and developers join its EVM-compatible network, transaction volumes increase, generating fees that directly boost token demand. Over 300 projects are already building on its platform, and confirmed listings on exchanges like MEXC, BitMart, and LBank have added momentum. The anticipation for a U.S. listing on platforms like Coinbase and Gemini could significantly boost liquidity and credibility for the project [8].

The project’s presale and ecosystem development have led many to position BlockDAG as the best upcoming crypto for 2025. Analysts note that its hybrid model offers a unique approach to scaling and profitability, combining transaction volume with token demand in a way that supports long-term growth [9]. Unlike many speculative projects, BlockDAG has demonstrated measurable adoption metrics and infrastructure progress, making it a standout in a market filled with volatility and uncertainty.

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[1] [SHIB Breaks Support, ADA Aims for $2.12 While BlockDAG’s $383M Presale Shows It’s the Best Upcoming Crypto 2025](https://coinmarketcap.com/community/articles/68ac7cff44f0b73e7ad8e859/)