Crypto Whales Bet on BlockDAG as SHIB and VET Struggle Amid Market Volatility
26.04.2025 02:12
Market turbulence is affecting popular tokens as investors respond to mixed signals across different projects. Shiba Inu (SHIB) has dropped 46% year-to-date in 2025, despite efforts such as updates to Shibarium and a metaverse project, with its decline reflecting low demand, oversupply, and waning hype. VeChain (VET) experienced an 11% weekly price drop, trading near $0.022 after failing to break past a $0.025 resistance level, while some signals hint at a potential move down toward $0.018 even though it has backing from major partnerships with brands like UFC and 4ocean. In contrast, BlockDAG (BDAG) has attracted fresh attention with its presale price returning to $0.0025 in Batch 27, after raising $217 million and engaging significant whale activity. With its beta testnet now live and plans for upcoming centralized exchange listings underway, BDAG is seen as offering a potential buying opportunity at what many believe could be an effective entry point during a volatile period. Overall, the developments underline a market that is searching for stability amid short-term losses and opportunities for long-term growth.
BlockDAG's decision to reset its presale price to $0.0025 in Batch 27, combined with strong whale participation and $217 million raised, suggests that the coin could experience upward pressure as entry points become more attractive. The live beta testnet and upcoming centralized exchange listings may further bolster investor confidence and trigger a price recovery in the medium to long term. However, immediate price movement might remain moderate until the exchange listings are confirmed and trading volumes increase.
Shiba Inu is under significant downward pressure after a 46% decline year-to-date, impacted by fading hype and large circulating supply despite updates like Shibarium and metaverse initiatives. The current bearish sentiment, combined with reduced momentum and limited practical use cases, makes a near-term price recovery less likely unless there is a drastic shift in market perception or new utility developments.
VeChain is facing short-term volatility following an 11% weekly drop, with the price struggling to maintain resistance at $0.025 and possibly moving toward $0.018. While its partnerships with notable brands like UFC and 4ocean hint at potential long-term growth, the immediate impact is bearish as the current buying push appears insufficient to counteract the declines.