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Cryptocurrency News Articles

Shiba Inu (SHIB) Attempts a Comeback as BlockDAG Rewrites the Script With a Record-Breaking $214M Presale

Apr 14, 2025 at 12:59 am

As the crypto market gears up for the next major wave of adoption, investors are keeping a close eye on projects that offer more than just hype.

Shiba Inu (SHIB) Attempts a Comeback as BlockDAG Rewrites the Script With a Record-Breaking $214M Presale

As the crypto market gears up for the next major wave of adoption, investors are keeping a close eye on projects that offer more than just hype. Shiba Inu (SHIB) is regaining traction after months of dormancy, with its recent rebound stirring renewed interest despite over 87% of its holders still sitting underwater.

Meanwhile, the PI Network is caught in controversy following a mass token unlock and delayed mainnet timeline, leading to backlash from its once-loyal community. But in the midst of all this, BlockDAG is rewriting the script entirely. With a record-breaking $214 million raised in its presale, a viral 600% Golden Ticket bonus code, and its highly anticipated 7th AMA scheduled for April 17th, BlockDAG isn’t just riding the crypto wave—it’s creating it.

Let’s unpack how each project is faring and why BlockDAG is leading the charge as one of 2025’s leading crypto performers.

Shiba Inu (SHIB) Attempts a Comeback

Despite its memecoin origins, Shiba Inu has long maintained a devoted following. Recently, SHIB has shown a modest rebound, lifting its price to around $0.000012 after a series of sluggish months.

However, data from The Currency Analytics reveals that only 10% of SHIB holders are currently in profit, with 87% still holding at a loss. This paints a sobering picture of its long-term holders’ sentiment.

That said, the SHIB community continues to rally around upcoming developments, including potential ecosystem expansions like Shibarium and enhanced token burns. The token’s social sentiment has improved in recent weeks, hinting that short-term price action could shift as market confidence recovers.

But for long-term investors, SHIB remains more of a speculative play than a utility-driven asset.

PI Network Faces Community Backlash

Once touted as the most accessible mining app in crypto, the PI Network is now facing open criticism from its user base. According to CaptainAltcoin, the platform is in the midst of a crisis following the announcement of a 119 million token unlock scheduled for the end of April 2025.

This move triggered a sharp 30% decline in the PI token’s price, dragging it down to roughly $0.59. The bigger concern, however, lies in the delayed launch of PI’s Open Mainnet—something the community has been eagerly awaiting for over a year.

Discontent has grown louder as users accuse the team of poor communication and lack of transparency. While the core team insists development is on track, many early believers are beginning to question whether PI Network can deliver on its promises in a rapidly advancing crypto space.

BlockDAG: $214M Raised, 600% Bonus, and the Road to the Leading 3

BlockDAG continues to garner attention across the entire crypto sphere—and it’s easy to see why. With $214 million raised in its presale and tens of thousands of new investors joining weekly, it’s becoming clear that BlockDAG isn’t just another altcoin—it’s a movement.

Unlike meme tokens or stalled ecosystems, BlockDAG is rooted in performance, scalability, and accessibility. The project’s hybrid DAG + Proof-of-Work architecture is the cornerstone of its technical edge.

As CTO Jeremy Harkness highlighted in the recent keynote, “Our hybrid consensus mechanism combines the standout of two worlds: the security and proven robustness of Proof-of-Work with the flexibility and speed of a Directed Acyclic Graph.”

With this design, BlockDAG is aiming for 2,000 transactions per second at mainnet launch and plans to scale up to 15,000 TPS within 24 months—placing it far ahead of most Layer-1 competitors.

But what truly sets BlockDAG apart is its Golden Ticket campaign. The promo code BDAG1200 unlocks a 600% bonus for new users—arguably one of the most generous incentives ever seen in a presale. This bonus also includes early access to the upcoming coin airdrop, arriving before mainnet goes live.

The 7th AMA is confirmed for April 17th, and the first-ever BlockDAG Global Convention is now in planning. The team is building more than just a blockchain—it’s building community, trust, and unstoppable momentum. The presale growth alone is staggering, jumping from $200M to $214M in just days. The campaign has captured the imagination of both retail and institutional investors, all drawn in by its real-world mining devices (X1, X30, X100), DeFi roadmap, and an educational ecosystem designed to support developers and users alike.

Final Thought: A New Crypto Hierarchy Is Emerging

As SHIB tries to recapture past glory

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