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Cryptocurrency News Articles

One coin is stuck, hoping for token burns. Another is trapped in low-volume rallies.

May 07, 2025 at 07:30 pm

Shiba Inu (SHIB) price performance has dropped over 10% this week, clinging to Bitcoin’s coattails with little direction of its own.

One coin is stuck, hoping for token burns. Another is trapped in low-volume rallies.

Shiba Inu (SHIB) price performance has dropped over 10% this week, clinging to Bitcoin’s coattails with little direction of its own. Cardano (ADA) price action isn’t doing much better either, drifting sideways as volume fades and resistance holds.

While both hover in wait, where are crypto buyers headed? BlockDAG (BDAG) has quickly become the clear choice, thanks to a referral system pulling in new buyers by the day.

$227.5 million has been raised, and a 2,531% ROI window is still open, but only until the $0.0019 price ends on May 13. In a market full of hesitation, this level of traction during presale isn’t common.

Weak Signals Continue in Cardano Prices

The Cardano (ADA) price performance shows little strength despite briefly reclaiming support at $0.680. Daily gains of 1.4% have not been backed by volume, which dropped 29%—a sign of weak conviction.

The coin remains within a two-week downtrend, with RSI at 51 and ADX at 19, both indicating low momentum. Resistance is expected at $0.700, while support at $0.673 may be retested if $0.679 fails to hold.

The broader market’s pullback, led by Bitcoin’s slip under $95K, weighs on ADA. Without fresh catalysts, the Cardano (ADA) price action may lean toward sideways or downward movement.

Shiba Inu Price Performance: SHIB Faces Crossroads Ahead

The recent Shiba Inu (SHIB) price performance has left many of its holders questioning the token’s direction. Despite earlier hopes for stronger growth, SHIB has fallen over 10% this week and sits more than 60% below its December high.

Aggressive token burns are still viewed as the most viable route to reaching $0.1, though that goal would require an extreme jump of over 75,000%. The Shiba Inu price performance has also tracked closely with Bitcoin, showing a 92% correlation. While that link could offer some upside, there’s growing doubt that even BTC’s momentum will be enough to change the Shiba Inu price performance story anytime soon.

Shiba Inu price action continues to struggle, with no strength in its current setup. Cardano, on the other hand, briefly found support, but lower volume and weak trend signals leave little to build on.

Both coins are largely drifting, but BlockDAG moves on a different rhythm. Its referral structure keeps growing the network, and the current price of $0.019 holds until May 13.

With 2,531% ROI projected and $227.5 million already raised, BDAG isn’t waiting for the market to catch up. Among everything trading sideways, it ranks as the top crypto to buy right now, and buyers are going all in to not miss out on this chance.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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Other articles published on May 08, 2025