BlockDAG Rockets Up 2380% as Bitcoin Cash and Shiba Inu Stumble — $3.6M Mega Bet Placed on BDAG!

In the fast-paced world of cryptocurrency, fortunes can shift quickly — some digital currencies see their values plummet, while others achieve rapid gains, reshaping the landscape. Bitcoin Cash (BCH) has fallen nearly 50%, struggling to maintain vital support levels. Shiba Inu (SHIB) is also experiencing difficulties, dropping 10% as it tries to overcome market resistance. Both are in a phase of uncertainty, awaiting a potential breakout.

Conversely, BlockDAG (BDAG) is on the rise, not just waiting but actively advancing. With a community of over 170,000 holders, a significant $3.6 million strategic bet, and over 500,000 miners using the X1 app, its growth is accelerating. Thanks to its collaboration with the soccer powerhouse Inter Milan, even sports fans are getting involved. BDAG’s presale has already garnered $205.5 million, with the price skyrocketing by 2380%. As BCH and SHIB struggle to determine their next steps, BlockDAG is forging ahead, already far in the lead.

BlockDAG Rockets Up 2380% as Bitcoin Cash and Shiba Inu Stumble — $3.6M Mega Bet Placed on BDAG!

What’s Next for Bitcoin Cash (BCH) After a 50% Price Drop?

Since peaking in March 2024, Bitcoin Cash (BCH) has faced a significant downturn, with its value nearly halving, yet it still manages to hold above the crucial $340 support level. A break below this threshold could push BCH into a downward spiral. Earlier, BCH had dipped below a critical support line but remained over $305. Efforts to rebound have faltered, and indicators like the RSI and MACD signal a potential continuing downtrend.

On the daily chart, Bitcoin Cash briefly surpassed a resistance level but failed to maintain momentum, facing rejection at $414. If it cannot hold the $340 support, it may drop further to $195. Monitoring Bitcoin Cash’s price movements near these support zones is essential for predicting its future trajectory.

Can Shiba Inu (SHIB) Bounce Back After a 10% Dip?

Shiba Inu (SHIB) has been on a downward trend since December 2024, characterized by a descending triangle pattern, typically indicating a forthcoming breakout. This could lead to a price rise if SHIB can overcome significant resistance levels.

Currently, SHIB is priced around $0.000012, showing a slight 2.41% rise in the last 24 hours. Nonetheless, Shiba Inu has recently lost about 10%, reflecting ongoing market volatility. Technical analysis reveals SHIB facing substantial resistance at the $0.000013 mark. Failure to surpass this resistance could lead to further losses, possibly pushing the support to around $0.00001. Watching these critical levels and market trends will help guide potential strategies for Shiba Inu (SHIB).

BlockDAG’s Astonishing Expansion: Inter Milan, 10K Developers & Over 500K Miners

BlockDAG is currently a standout in the cryptocurrency landscape, with impressive growth and widespread adoption signaling its rising prominence. Over 170,000 buyers have already acquired BDAG, securing their share ahead of anticipated value increases. A substantial $3.6 million has been strategically jumped in BDAG, drawing in major buyers and signaling strong market confidence. Additionally, nearly 500,000 miners are now extracting BDAG using the X1 app, taking advantage of its accessible mining process.

Beyond appealing to typical cryptocurrency enthusiasts, BlockDAG’s partnership with the football club Inter Milan has catapulted BDAG into the global spotlight, introducing it to millions of soccer fans and broadening its appeal beyond the usual crypto circles. This strategic alliance has significantly amplified its market presence and appeal. Moreover, over 10,000 developers are engaged in creating more than 200 decentralized applications (dApps), further enriching the BDAG ecosystem and enhancing its utility and innovation.

The success of BlockDAG’s presale, which has already gathered over $205.5 million and is on the verge of selling out Batch 27, underscores its potential as a major force in the crypto market. The price of BDAG has escalated to $0.0248, marking a staggering 2380% increase since its initial offering. Enthusiasm continues to build as the final batches of the presale are rapidly being snapped up, highlighting the urgency for those still undecided to act swiftly to participate in this burgeoning digital asset.

Who’s Leading the Next Crypto Surge?

Bitcoin Cash (BCH) is in a precarious position, struggling to maintain support while showing signs of vulnerability. Shiba Inu (SHIB) is also having a tough time, contending with resistance and lacking a clear path to breakout.

However, BlockDAG stands out with its $3.6 million strategic bet, almost half a million miners active on the X1 app, and a partnership with Inter Milan propelling its swift ascent. As BlockDAG’s presale surpasses $205.5 million and BDAG experiences a 2380% surge in price, it’s clear why it’s poised to be the next big thing in the crypto world.