Shiba Inu (SHIB) has witnessed a steep decline, losing over 10% of its value this week. Its price remains strongly correlated with Bitcoin, but lacks any significant independent momentum. Community hopes hinge on ongoing token burns, yet SHIB continues to trade more than 60% below its December peak, raising concerns among holders about what could trigger the next rally.
Cardano (ADA) is also facing a period of uncertainty, experiencing muted trading activity. After briefly reclaiming $0.680 support, ADA failed to sustain gains as trading volumes dropped 29%. Technical indicators signal weak momentum, and ADA remains locked in a two-week downtrend. No strong catalysts are present, with sentiment remaining cautious, particularly amid Bitcoin’s dip below $95,000.
As these established tokens struggle, attention is shifting to BlockDAG (BDAG), a new entrant currently generating buzz through an aggressive referral program. This ongoing presale, with a 25% bonus for referrers and 5% for new buyers, has rapidly expanded BDAG’s holder base to over 170,000 and raised $237 million. The token is offered at $0.0019 for a limited time, with projections pointing to a 2,531% ROI once listed at $0.05. The referral system is credited with fueling exponential network growth, compelling buyers to act quickly before the presale window closes in 24 hours.