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Cryptocurrency News Articles
BlockDAG Leads the Crypto Space Toward Real Usage
Jun 12, 2025 at 01:00 am
With over $294.3 million raised in its presale, BlockDAG is building traction through strategic moves that connect with the wider world.
The crypto space is shifting toward real usage, and BlockDAG is leading the change. With over $294.3 million raised in its presale and a teased NBA collaboration, this project is building traction through strategic moves that are connecting with the wider world.
As BlockDAG prepares for its June 13 GO LIVE launch, the excitement is palpable. But in a rapidly shifting market, other projects are also making headlines.
Avalanche is gaining speed thanks to a new GameFi push, and SHIB is dropping due to weak community action. Here’s a breakdown of each.
Shiba Inu Drops Further As Burn Activity Slows
Shiba Inu’s downward path continues, and technical charts hint at further declines.
SHIB’s price is still fundamentally pressing lower after failing to pierce key technical levels. It’s also lagging in terms of broader market trends. Despite strong online chatter, the token is losing ground in a market that now favors use-case-backed projects over meme coins.
This is especially evident in the slowing pace of SHIB’s burn activity.
With daily burn numbers falling by 63%, there’s growing concern that this core feature of its deflationary design is losing steam. The shrinking token burns suggest fewer people are taking part, which ties into the declining interest in SHIB’s community.
This lack of community action could be attributed to the fact that SHIB’s price action has stalled, impacting the willingness of community members to actively participate in burning initiatives.
However, with the introduction of new use cases and projects within the Shiba Inu ecosystem, there's an expectation that community engagement will increase.
Ultimately, the burning activity serves as a gauge of the community's involvement and enthusiasm for the project.
Avalanche Rises On MapleStory GameFi Push
Avalanche (AVAX) is seeing fresh momentum following the confirmation of Nexon’s MapleStory Universe. This blockchain version of the hit game is pushing new users to Avalanche’s network.
Following this news, AVAX crossed the $20 mark, backed by rising on-chain actions like NFT minting and wallet activity. This surge isn't only market-driven. Real usage is increasing, which supports Avalanche’s push into GameFi. The platform is becoming a home for interactive Web3 content, and it’s gaining attention from gamers and creators.
However, AVAX isn't close to its past highs, and this rally may need more lasting growth to stick. The current upswing is promising, but time will tell if it leads to a full comeback.
BlockDAG Is Ranging Ahead With Rumored NBA Tie-Up And $294.3M Raised
BlockDAG continues to attract attention with a unique mix of strong numbers and bold moves. Its presale has now crossed $294.3 million, and over 22.3 billion BDAG coins have already been sold. Its mobile-first model through the X1 app has made it easy for over 1.5 million users to mine daily using just their phones.
This project's strength lies in its Proof-of-Engagement model, giving users real roles in the network. The X1 app includes leaderboards and referral tools, which are helping to grow the community. It’s easy to use, but more importantly, it's driving real engagement.
But what truly sets BlockDAG apart is its wider vision. After deals with Inter Milan and UFC champion Alex Pereira, the project is rumored to be closing in on a high-level NBA partnership.
Reports suggest this could involve courtside branding, integration with live basketball coverage, and unique sports-focused digital experiences. The timing is no accident; it's planned around the June 13 GO LIVE launch of BlockDAG’s mainnet.
With a frozen price of $0.0018 until June 13, early backers could see up to 2,678% profit compared to the $0.05 launch rate. This isn't just a crypto launch; it's a growing network aimed at long-term users.
Here’s what makes BlockDAG stand out in a crowded field:
It's already achieved massive scale with over $294.3 million raised and 22.3 billion coins sold.
Its mobile-first approach via the X1 app has attracted over 1.5 million users who can mine daily.
This project isn't limited to crypto circles. It's expanding through strategic partnerships like those with Inter Milan, UFC champion Alex Pereira, and rumors of an NBA collaboration.
In Summary
Avalanche is seeing strength through its GameFi endeavors, while SHIB faces slowing activity.
However, BlockDAG appears to be surging ahead. Having raised an impressive sum of $294.3 million and sold more than
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