BlockDAG (BDAG) Outperforms the Market as SHIB and LTC Struggle with Price Declines

While Shiba Inu (SHIB) and Litecoin (LTC) struggle with price declines and uncertain technical indicators, BlockDAG continues to push forward with a strong scalability-first approach.

In the turbulent crypto market, scalability and technical innovation are paramount. As Shiba Inu faces investor losses and Litecoin experiences heavy selloffs, BlockDAG is securing its position with a hybrid DAG-PoW model and a partnership with SpaceDev for a scalable and high-performance network.

Shiba Inu: Investor Losses Mount As Whale Activity Soars

Over the last three months, SHIB price has seen a persistent decline, leaving roughly 60% of its investors in the red. Specifically, the altcoin saw its value drop to a three-month low of $0.000013, marking a 22% decrease over the last 30 days.

However, despite this downturn, there has been a notable 300% surge in whale activity, indicating that large-scale investors are capitalizing on the lower prices.

Furthermore, technical indicators suggest potential for a bullish reversal: the Relative Strength Index (RSI) has risen from an oversold 31 to 40, and the Moving Average Convergence Divergence (MACD) is trending upward, though still in negative territory.

Given these factors, discussions have emerged about whether SHIB has reached its bottom and is poised for a rebound. However, the descending triangle pattern observed in its trading suggests continued selling pressure, making a definitive breakout uncertain.

Litecoin Faces Heavy Selling Pressure, Dropping Over 10%

Similar to Shiba Inu price, Litecoin (LTC) saw a sharp decline, falling 10.01% in a major selloff, bringing its price down to $78.73. As a result, the downturn erased $643.4 million from its market capitalization, which now stands at $5.94 billion.

Meanwhile, trading volume surged to $602.83 million, highlighting heightened activity amid the price drop. Over the past week, LTC price dipped 11.69%, continuing its downward trend.

From a technical perspective, indicators suggest Litecoin remains under pressure, with support at $77.63 and resistance at $90.92. If selling persists, further declines could be expected. On the other hand, despite this drop, LTC has gained 17% since its yearly low of $67.71 in September.

Comparatively, Litecoin’s performance reflects broader market instability, as Bitcoin and Ethereum also experience fluctuations. As a result, traders remain cautious, monitoring potential recovery signs or additional declines. Ultimately, the coming weeks will be crucial in determining whether LTC can regain stability or faces deeper corrections.

BlockDAG: Merging PoW & PoS For A Scalable Chain

In contrast to the struggles of Shiba Inu and Litecoin, BlockDAG is merging the strengths of Proof of Work (PoW) with Directed Acyclic Graph (DAG) technology to create a scalable and efficient blockchain.

This hybrid model, combining PoW’s security with DAG’s scalability, enables BlockDAG to overcome the bottlenecks that limit traditional blockchain networks. As a result, it offers fast transactions and high throughput without compromising decentralization.

To further support its technical development and community engagement, BlockDAG has partnered with SpaceDev, a leading provider of blockchain and software development services.

This partnership will focus on building technical capabilities, managing the BlockDAG grants program to attract and fund outstanding developers, and undertaking initiatives such as the Ambassador Program and global hackathons to expand the blockchain's ecosystem and global footprint.

This move underscores BlockDAG’s commitment to fostering innovation and assembling a strong technical foundation. It also highlights the growing interest in scalable blockchain solutions, which are capable of handling the increasing demand for decentralized applications and services.

Having raised over $201 million from the presale of more than 18.7 billion BDAG coins in batches 1 to 27, starting at $0.001 and reaching $0.0248, BlockDAG has seen an almost 2,340% return on investment.

This impressive feat showcases the potential of the project and the growing appetite for such scalable solutions in the blockchain space.

As BlockDAG continues to develop its architecture and transitions into global adoption, its partnership with SpaceDev marks a step closer to a decentralized future characterized by high performance and scalability.

Presale: https://purchase.blockdag.network

Website: https://blockdag.net

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu