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Cryptocurrency News Articles

Shiba Inu (SHIB) Regains Traction as BlockDAG Rewrites the Script

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) Regains Traction as BlockDAG Rewrites the Script

Shiba Inu (SHIB) attempts to rise as 87% of its holders remain underwater

Despite its memecoin origins, Shiba Inu has long maintained a following for its community-driven approach and potential for gains. As the crypto market gears up for the next major wave of adoption, investors are keeping an eye on projects that offer more than just hype.

Recently, SHIB has shown a modest rebound, lifting its price to around $0.000012 after a few sluggish months. However, data from The Currency Analytics reveals that only 10% of SHIB holders are currently in profit, while a staggering 87% are still holding at a loss. This paints a sobering picture of its long-term holders’ sentiment.

However, the SHIB community is eagerly awaiting upcoming developments, which could shift the token’s fortunes. This includes the launch of Shibarium, which aims to expand SHIB’s ecosystem with new use cases and DeFi products. Additionally, the community is actively discussing strategies for increasing token scarcity through burning initiatives.

In the short term, SHIB’s social sentiment has improved, and outflows from major cryptocurrency exchange Huobi hint at potential price shifts. But for long-term investors, SHIB remains more of a speculative play than a utility-driven asset.

PI Network faces backlash as token unlock and delayed mainnet spark discontent

Once touted as the most accessible mining app in crypto, the PI Network is now facing growing 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 will see the release of tokens that were previously locked up after the initial coin offering (ICO) in 2019.

The announcement 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.

Despite claims of a 2024 launch, sources familiar with the project suggest that the timeline has shifted again, pushing the mainnet deployment to 2025. This delay has sparked discontent among users, who are also complaining about a lack of transparency from the core team.

While the team insists that development is on track and the network is performing well, many early believers are beginning to question whether PI Network can deliver on its promises in a rapidly advancing crypto space.

This stands in stark contrast to BlockDAG, which is smashing presale records and rolling out new updates at an incredible pace.

Record-breaking presale, viral 600% bonus code, and 7th AMA on April 17th

As one of 2025’s leading crypto performers, BlockDAG is rewriting the script entirely. With a staggering $214 million raised in its presale, a viral 600% Golden Ticket bonus code, and its highly anticipated 7th AMA scheduled for April 17th, the project is generating buzz and outperforming even the top-ranked coins.

The project’s hybrid DAG + Proof-of-Work architecture is the cornerstone of its technical edge.

“[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,” explained CTO Jeremy Harkness in the recent keynote.

This design will enable BlockDAG to achieve 2,000 transactions per second at mainnet launch, with plans to scale up to 15,000 TPS within 24 months, putting it well 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, which will arrive before mainnet goes live.

The 7th AMA will be broadcast live on Monday, April 17th at 7 PM (GMT+8) on the official BlockDAG Telegram channel. The session will cover the latest project updates, upcoming milestones, and provide an open forum for community members to engage with the team directly.

With the Global Convention now in planning and the team members continually striving to innovate, it’s clear that BlockDAG is more than just a blockchain—it’s a movement.

Join BlockDAG Presale Now:Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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