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Cryptocurrency News Articles

BlockDAG (BDAG) Gains Attention as Shiba Inu (SHIB) Bounces Back and PI Network Faces Pushback

Apr 15, 2025 at 12:00 pm

As the crypto space moves toward its next big phase, many are watching projects that show lasting strength. Shiba Inu (SHIB) is gaining attention

BlockDAG (BDAG) Gains Attention as Shiba Inu (SHIB) Bounces Back and PI Network Faces Pushback

As the cryptocurrency space shifts toward its next phase, many are keeping an eye on projects that demonstrate enduring strength. Shiba Inu (SHIB) is regaining attention after a quiet period, and it’s bouncing back despite 87% of holders still being in the red. At the same time, PI Network is facing criticism following a large token unlock and delays in launching its mainnet, leading to growing doubts in its community. Meanwhile, BlockDAG (BDAG) is standing out with its impressive presale numbers, high bonus offers, and upcoming events.

Shiba Inu (SHIB) Tries to Regain Strength

After a brief lull, Shiba Inu is back in the spotlight. The meme coin, which once soared to incredible highs, has seen a significant decline, with 87% of SHIB holders still in the red. Nevertheless, the token is showing signs of recovery, rising by 25% in the past seven days. This uptick follows a broader improvement in the market, which saw Bitcoin (BTC) regain the $50,000 mark and Ethereum (ETH) break through the $2,000 level.

Also Read: Shiba Inu Price Prediction 2025: Can SHIB Reach $1?

PI Network Faces Growing Doubts

On the other hand, PI Network, the project that aimed to simplify crypto mining for the masses, is encountering pushback from its own users. As CaptainAltcoin reported, the team plans to unlock 119 million tokens by the end of April 2025. This news has led to a 30% drop in the PI token's price, which now hovers around $0.59.

Furthermore, the delay in launching the Open Mainnet, which users have been eagerly awaiting for over a year, is fueling frustration among the community. Many are disappointed by the lack of clarity and speed in communication from the team. While the developers maintain that progress is being made steadily, more users are questioning whether PI Network can keep up in today's rapidly evolving crypto scene.

BlockDAG's Strong Climb: $214M Collected and More on the Way

In a surprising turn, BlockDAG has become a hot topic in the crypto sphere, with its presale numbers and unique offerings drawing a lot of attention. So far, the project has raised $214 million in its presale, and many new users are joining the community every week.

This project, which is not a meme coin or a stalled project, is focused on providing fast, powerful, and user-friendly blockchain technology. Its combination of DAG and Proof-of-Work provides a technical edge in today's competitive market.

In a recent discussion, CTO Jeremy Harkness highlighted this hybrid setup, stating, "Our hybrid consensus mechanism combines the best of both worlds: the security and proven robustness of Proof-of-Work with the flexibility and speed of a Directed Acyclic Graph."

This setup will enable BlockDAG to start with 2,000 transactions per second and increase to 15,000 TPS within two years, outperforming most Layer-1 blockchains.

One striking aspect is BlockDAG's Golden Ticket campaign, which offers early access to the upcoming coin airdrop, expected before the mainnet launch. New users can use the code BDAG1200 to claim a 600% bonus, one of the highest presale bonuses ever offered.

The 7th AMA session is confirmed for April 17th, and the first BlockDAG Global Convention is also in the works, showcasing the team's commitment to building a strong community.

With the presale numbers quickly rising from $200M to $214M in just a few days and the campaign attracting a diverse mix of people interested in physical mining devices (X1, X30, X100), DeFi goals, and learning tools made for both users and developers, BlockDAG is poised for continued success.

Shiba Inu (SHIB) is attempting to bounce back in the market, while PI Network faces growing doubts from its community. On the other hand, BlockDAG is showing strong signs of growth with its presale numbers quickly approaching $214 million. As BlockDAG continues to be a hot topic in the crypto world, it will be interesting to see what the next few months hold for this project.

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Other articles published on Apr 17, 2025