BlockDAG Crosses $7M in Miner Sales While SHIB Prepares 528% Run, BNB Fails Breakout

Over 17,000 individuals have already purchased BlockDAG mining hardware, while Binance Coin (BNB) remains below its $660 resistance despite ETF news

Over 17,000 individuals have already purchased BlockDAG mining hardware, while Binance Coin (BNB) remains below its $660 resistance despite ETF news, and Shiba Inu (SHIB) has fallen under a key support level. BlockDAG is also garnering attention with its consistent daily earning opportunities, generating over $7 million in X-series miner sales.

While BNB’s price action stalls and SHIB faces technical challenges, BlockDAG is advancing with a working model that supports income generation through both hardware and pricing milestones. This utility-driven design makes it standout in a market still led by speculation. As traditional coins like BNB and SHIB encounter structural pressure, BlockDAG is being recognized for a different approach to crypto earnings.

Binance Coin Remains Below Resistance

Binance Coin saw a brief price rise following VanEck's ETF filing, which included a staking option. However, the price remains below $660, a key resistance since 2021.

The weekly chart for BNB shows long-term strength with the 50-week moving average providing support since 2023. However, indicators like RSI and MACD provide mixed signals, indicating that the coin's movement may be driven by something other than technicals. This ambiguity is also reflected in the recent price action, which shows indecision.

The current wave count suggests that BNB might decline further toward $440 before any significant breakout. This deep fib level also coincides with the long-term 200-week moving average.

BNB is in a zone where positive news meets structural pressure. Without clear upward movement past the $660 resistance or the 200-week MA, the momentum remains capped. For the time being, it's best to approach BNB with caution, especially since technical patterns have not yet confirmed a strong breakout or lower-high formation.

Shiba Inu Drops Below Support But Shows Accumulation Trends

Shiba Inu recently dropped below its crucial support at $0.0000129, falling to $0.0000105. However, looking at on-chain trends, there's potential for SHIB to rebound despite the price decline.

According to recent data, long-term holders of SHIB are increasing, while short-term traders have decreased significantly by 36.5%. This shift in holder behavior over the past few months suggests a preference for holding SHIB for longer periods.

Moreover, a massive 313 million SHIB tokens were burned in a single week, raising the burn rate by a whopping 324%. This burning activity aims to decrease the circulating supply of SHIB, potentially driving up the price.

Analyst Javon Marks anticipates a possible rise of SHIB to $0.000081, which would represent a 528% increase from the current price. This prediction is based on an observation of hidden bullish divergence on the coin's price chart.

Furthermore, the exchange balances for SHIB are decreasing, which bodes well for the token. As the presale stage of the cryptocurrency market progresses, the lower the exchange balances, the better it is for the coin's price. This is because it indicates that traders are withdrawing their holdings from exchanges, intending to hold onto the tokens for the long term.

The combination of a maturing holder base, reduced exchange supply, and the burning activity creates a bullish case for SHIB in the coming market cycle. While there is still some short-term weakness, on-chain signals suggest that SHIB is setting itself up for a stronger phase.

BlockDAG Surpasses $7M In Miner Sales As Interest Grows

Among the new projects launching in 2025, BlockDAG is receiving attention for its focus on mining and a triple-token pricing system. With over 17,298 units of X-series miners sold and total sales crossing $7 million, interest in BlockDAG seems to be growing.

The project is highlighting its daily earning potential with X10, X30, and X100 units offering between 250 and 2,000 BDAG per day, supporting scalable income opportunities. The units are priced at $419, $1,249 and $3,999 respectively.

The presale price of BDAG is $0.0019 and remains valid until May 13. After this date, the price will increase to $0.0262 before launching at $0.05. This pricing path offers a potential return of 2520% before mining revenue is considered.

The figures also factor in a new stage in the project, which will see the launch of a new generation of miners, the Genesis units, set to begin in Q2 2025. These units will offer even greater earning potential with rates of up to 10