BlockDAG's $216M Presale and Hackathon Drive Innovation, While SHIB Hits RSI 68 and HBAR Climbs 12%

Explore SHIB's burn rally, HBAR's price surge, and why BlockDAG leads with real utility, $216M raised, and 2,380% ROI—making it the best long term crypto to watch.

Shiba Inu (SHIB) is seeing some attention with a huge rise in burn activity and bullish technical signals, while Hedera (HBAR) managed a decent price bump following macroeconomic news—although both remain largely dependent on broader crypto trends.

On the other hand, BlockDAG (BDAG) is putting ideas from its Hackathon into practice, awarding winners with coins as the project continues expanding its ecosystem. This is in addition to the $216 million raised during the presale, over 19.2 billion coins sold, and a 2,380% ROI since batch 1—highlighting why BlockDAG is a top contender among the best long term crypto to invest in.

Shiba Inu (SHIB) Price Prediction As Token Burn Spikes By 300%

The burning of Shiba Inu (SHIB) tokens has seen a remarkable increase, soaring by 300% recently. This surge in burning activity is being driven by the collective efforts of the Shiba Inu community to reduce the circulating supply of SHIB and ultimately drive up the price of the token.

As the burning initiative gains momentum, it could be pushing the price of SHIB higher. Having crossed the key resistance at $0.0000125, the next logical target appears to be $0.0000158. If this level is reached and cleared, it could open the door for a continuation of the uptrend, potentially pushing SHIB towards $0.000020.

At these higher price levels, the activity of major holders, commonly referred to as "whales," is becoming more evident. These large-scale investors are beginning to move their tokens, suggesting that they are bullish on SHIB's prospects at these price ranges.

However, it's important to note that the price of SHIB remains largely dependent on the overall trends in the cryptocurrency market. If the broader crypto market were to stall or pull back significantly, it could exert pressure on SHIB to follow suit, setting the stage for a return towards the support levels at $0.000010 or $0.0000125.

Hedera (HBAR) Price Today: Surging 12%

Hedera (HBAR) clocked in a 12% price bump today following a positive market shift. President Trump's decision to suspend tariffs for 90 days and the threat of a trade war sparked a rally in the Dow Jones, seeing a nearly 3,000-point surge.

This propelled Bitcoin to $83,400, and in turn, also helped lift HBAR. However, even with the rally, HBAR is still down about 37% this year and currently trades at $0.16 compared to a January peak of $0.37.

Projections from CoinCodex suggest that HBAR might inch up to $0.172 by mid-April, offering a slim 1.94% potential gain. However, considering the rapid shifts in the market recently, these small gains could easily be wiped out.

Adding to the uncertainty, a recent false rumor circulating about a Hedera partnership with Nvidia has led to confusion and threatens to undermine trust in the project.

The rumor emerged on Monday, claiming that Nvidia was collaborating with Hedera to develop an AI-focused blockchain solution for use in autonomous vehicles. However, despite engaging with Nvidia on several occasions this year, rumors of a partnership are false.

This serves as a stark reminder of the misinformation that can quickly circulate within the crypto space, especially concerning smaller projects like HBAR. In a climate of heightened volatility and misinformation, exercising caution and performing due diligence is crucial, especially when encountering unverified partnership claims.

BlockDAG Hackathon Turns Ideas Into Real Features With Top Submissions Awarded in BDAG Coins

The BlockDAG Hackathon isn’t just for coding skills—it’s about spotting the best ideas to take a growing crypto project forward. Unlike some contests, these aren’t concepts for a future project; they’ll be used to expand the BlockDAG system itself.

Is it a smart contract tool that could revolutionize DeFi on BlockDAG? Or perhaps a dApp idea to bring new utility to the network? Maybe it’s a suggestion for a major node upgrade to boost throughput and scalability even further.

The best submissions will be selected not just for technical proficiency but also for their potential to enhance the BlockDAG ecosystem in a meaningful way. And to make it even sweeter, the top submissions will be awarded with coins to recognize their direct contribution to the project’s growth.

This initiative highlights BlockDAG’s practical approach to community-led development, an approach that seems to be paying off. The presale has already seen a remarkable response, pulling in $216 million and selling more than 19.