Hype doesn’t always equal progress, especially in crypto, where short-term noise often overshadows real development. Shiba Inu’s burn frenzy recently wiped over 538 million tokens from circulation in a day, while Dogecoin faces growing skepticism amid its weakening chart structure and potential breakdown signals.
These events keep both coins in the spotlight, but mostly for speculative or technical reasons. BlockDAG, on the other hand, is gaining traction through actual usage. Its X1 Miner app just crossed 1.5 million users, with each miner actively supporting the testnet. Combined with strong presale momentum, BlockDAG is building a case based on participation, not perception.
BlockDAG Hits 1.5 Million X1 App Users as Presale Momentum Builds
BlockDAG just reached a major benchmark that signals real traction. Specifically, over 1.5 million users have now joined the X1 Miner app, actively mining BDAG tokens through their smartphones. Notably, this milestone isn’t just a user count; it’s proof that BlockDAG’s mobile-first strategy is resonating with the broader public. As a result, miners engage daily, contributing to testnet activity and strengthening the network ahead of its mainnet launch. Ultimately, it confirms one thing: BlockDAG isn’t just being talked about, it’s being used.
Meanwhile, BlockDAG’s presale numbers continue to reinforce its appeal among serious investors. With fundraising now surpassing $288.5 million, over 22 billion coins have already been sold. The presale has moved into batch 28, where the listed price is $0.0262. However, a limited-time offer lets buyers lock in a price of just $0.0020 until June 13th, an opportunity that represents a staggering 2,520% ROI compared to the original batch.
Together, this perfect storm of user growth, community engagement, and time-sensitive presale pricing puts BlockDAG among the top crypto coins right now. It isn’t speculation; it’s about actual usage, ecosystem contribution, and tangible metrics. Looking ahead, as the June 13 GO LIVE Reveal approaches, eyes are on BlockDAG not just for what it promises, but for what it’s already delivering through its mobile mining surge and strategic rollout.
Shiba Inu Burn Rate Spikes With Over 538M Tokens Removed in 24 Hours
A massive 538.48 million Shiba Inu tokens were burned within a 24-hour span, reflecting a sharp uptick in supply-reduction activity. Clearly, this level of burn rate signals heightened momentum within the Shiba Inu (SHIB) token trend, pointing toward an increasingly deflationary trajectory. Importantly, these burns, split across 55 distinct transactions, show that the community is actively participating in reducing circulating supply, a move that often reflects long-term confidence in the asset’s potential value.
Moreover, such a burn surge isn’t just symbolic; it can alter the supply-demand equation over time. As more tokens are permanently removed, holders anticipate stronger price floors, especially when combined with ongoing ecosystem developments. Consequently, this latest burn wave underscores the project’s internal mechanisms working as intended and keeps attention centered on the SHIB token’s progress. With that in mind, millions being wiped from circulation in a single day intensifies focus on how this could shape short- and mid-term price behavior.
Chart Signals Deeper Correction ADogecoin’s head
Dogecoin’s recent price action has raised concerns among traders, as the token retraced from its May 11 peak of $0.259 to around $0.228. Though slight, this decline has been accompanied by a pattern of lower highs, suggesting a potential shift in momentum. Additionally, technical analysts have pointed out that the recent rally lacked the five-wave structure typically associated with sustained upward movements, indicating that the advance may have been corrective rather than impulsive.
In line with this, further analysis suggests that Dogecoin may be in the midst of an A-B-C corrective pattern, with the potential for prices to dip into the $0.199–$0.183 range. A decisive break below the $0.21 support level could confirm this bearish outlook, while a move above $0.247 would be needed to negate it. Therefore, the current Dogecoin (DOGE) bearish trend warrants close monitoring, as it may signal a deeper correction in the near term.Title: Utility
Over Hype
While Shiba Inu turns heads with aggressive burns and Dogecoin draws concern over chart breakdowns, both stories reflect short-term market reactions. Their visibility may remain high, but the substance behind that attention is often limited to volatility or token mechanics. BlockDAG offers a contrast, its growth is being driven by participation, not just price speculation. The X1 Miner app crossing one million users isn’t just a metric, it’s evidence of adoption at scale. As the presale heads toward a key milestone and users actively contribute to testnet growth, BlockDAG is quietly building momentum that points to long-term utility.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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