SHIB Burn Rate Slumps 92%, Bitcoin Crosses $82K, BlockDAG Presale Hits $214M—Crypto Market Updates Traders Cannot Miss!
Uncover key crypto insights with SHIB’s burn rate shift, Bitcoin’s price surge, and BlockDAG’s $10M success ahead of the next AMA—find out what’s next for these major players.
As the crypto market remains dynamic, three coins — Shiba Inu, Bitcoin, and BlockDAG — are sparking intense community interest.
Shiba Inu has gained attention as the SHIB burn rate has dropped 92%. But despite this, SHIB’s price has surged as 156 billion tokens leave exchanges, signaling long-term confidence.
On the other hand, Bitcoin — the leader of the top 10 cryptos — has climbed past $82,700, fueling optimism in the market. But some analysts warn of a potential bull trap.
Meanwhile, BlockDAG (BDAG) presale continues its upward momentum, surging past $214 million. The major jump in presale came recently when the presale raised $10M in just days after the huge success of its 6th AMA session and Keynote 3 launch, solidifying its position as a rising force.
SHIB Burn Rate Drops 92%, But Price Action Tells A Different Story
The SHIB burn rate has plunged 92%, raising questions about market direction. Still, Shiba Inu’s price climbed 11.37%, showing buyers haven’t backed off. Accumulation is quietly underway—over 156 billion SHIB left exchanges, a signal of long-term confidence. But that strength faces a wall. Nearly 90% of holders are facing a loss, meaning any price bounce could trigger selling pressure.
SHIB recently rebounded from a strong support zone, and with RSI at 34.90, it’s trading in oversold territory. Bulls need to reclaim key resistance to keep momentum going. The SHIB burn rate may be dropping, but the current market signals suggest this isn’t the end—it’s just a reset before the next move.
Bitcoin Price Jumps: Sustainable Surge or Bull Trap?
The Bitcoin price crossing $82,700 has stirred excitement, but some analysts warn this surge could be a bull trap—where prices spike before a sharp reversal. While retail investors remain optimistic, institutional players are more cautious. Instead of increasing their holdings, they’re cashing out, despite the rise.
Bitcoin ETFs, drawing in major financial institutions, have played a crucial role in introducing more advanced trading techniques, yet institutions remain wary of the market’s volatility. Additionally, the ongoing U.S. and China trade tensions heighten market uncertainty.
New regulations worldwide may also disrupt Bitcoin’s rise, but could also help stabilize it long-term. The Bitcoin price surge remains promising, but its future direction depends on whether external factors and market sentiment hold steady.
Presale Hits $214M—BlockDAG Gears Up for the Next Big Reveal!
BlockDAG (BDAG) is turning heads in the crypto space as its presale continues impressing crypto buyers, raking in over $214 million in 27 batches. The presale recently saw a massive $10 million surge in a few days, following the overwhelming response to its highly successful 6th AMA and Keynote 3 launch.
The Keynote 3 brought major updates related to the project, one of which was the official launch of BlockDAG’s Beta Testnet. Unlike its previous version, the Beta Testnet It’s faster, smarter, and packed with upgrades—from a blockchain that runs twice as fast to an enhanced explorer, coins and NFT creation tools, and interactive dApps. Plus, to boost hands-on participation, users receive testnet coins to explore features and compete for a share of $60K in rewards through an engagement campaign.
BlockDAG’s global visibility is also growing due to partnerships and participation in key crypto events. After making a strong impact at the ETHDenver event, BlockDAG is now set to head to ETHPanama and Token2049.
These events and launches have triggered a surge of new presale participants, with over 19.2 billion BDAG coins scooped up by buyers. BlockDAG now boasts more than 170,000 unique holders, while those who joined the presale early on are already sitting on a 2,380% gain.
The current batch 27 is priced at $0.0248, with analysts predicting a jump to $1 later this year once BlockDAG’s mainnet launches. Experts are confident that if BlockDAG maintains its upward momentum and hits the predicted price, BDAG will carve out its spot among the top 10 cryptos.
Conclusion: What Does The Future Hold?
As SHIB battles declining burn rates and market volatility, its price action suggests a more resilient story—one of quiet accumulation and cautious optimism. Bitcoin’s price surge continues to spark debate, with experts split on whether it’s the beginning of sustained growth or a fleeting bull trap.
As for BlockDAG, its progress and growth continue to impress buyers and build excitement in the market. The presale saw a $10 million surge in just a few days after the launch of Keynote 3 and the public rollout of the Beta Testnet, proving BlockDAG is in a league of its own. With major events ahead and the total presale crossing $214 million, this is just the beginning for BlockDAG.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
