One token anticipates significant losses, while the other endures with minimal trading activity. The value of Shiba Inu (SHIB) plummeted more than 10% this week, mirroring Bitcoin’s decline without demonstrating much individual momentum. At the same time, Cardano (ADA)’s price hasn’t managed to advance either; instead, it remains stagnant amid decreasing trade volumes and persistent resistance.
Even though both options are still uncertain, buyers appear to be looking for alternatives elsewhere.
BlockDAG (BDAG)
Has rapidly become popular, driven by a referral program that continues to draw in new customers.
With $231.5 million raised so far, and a 2,531% ROI window still open until the $0.0019 price expires on May 13, BlockDAG’s momentum is rare during a presale in a hesitant market.
Cardano Exhibits Low Momentum Even with Temporary Support
Even though Cardano (ADA) experienced a brief surge past $0.680, it failed to gain significant traction. The daily increase of 1.4% isn’t supported by robust purchasing activity; in fact, trading volumes have decreased by 29%, suggesting weak demand.
The cost has been declining for the past two weeks. The Relative Strength Index (RSI) is at 51, and the Average Directional Index (ADX) is at 19, indicating weak momentum in the current trend. A resistance level could form around $0.700, whereas if $0.679 does not hold up, $0.673 might serve as support once more.
The drop of Bitcoin below $95K is significantly impacting ADA as well. In the absence of fresh news, the Cardano (ADA) price could likely remain range-bound or potentially decrease even more.
Shiba Inu’s Price Struggles Amid Pressure, Remains Linked to Bitcoin
The present performance of Shiba Inu (SHIB) has investors questioning their next move. Despite initial indications of recovery, SHIB has declined by more than 10% this week and currently stands over 60% lower than its high point in December.
Token burns remain the primary strategy aimed at achieving $0.01 per token; however, such an increase would necessitate a staggering 75,000% rise in value. Additionally, SHIB maintains strong alignment with Bitcoin, showing a 92% correlation. Although this relationship might boost prices should Bitcoin experience gains, numerous observers doubt that even Bitcoin’s upward movement will be sufficient to significantly improve Shiba Inu (SHIB)’s pricing trajectory in the near future.
BlockDAG 25% Referral Program Fuels Community Expansion
BlockDAG is currently the most popular presale in cryptocurrency, and its innovative referral program is accelerating this trend even further. For every new purchaser brought in by an existing owner, both individuals receive additional tokens as a reward. The greater the number of referrals made using these links, the larger the cumulative bonuses grow.
When a single user manages to refer three additional members, those individuals then proceed to attract even more people, thus generating a domino effect. Such rapid expansion efficiently disseminates growth. This approach constructs a significant network foundation from scratch. To date, more than 170,000 wallets have become part of the BDAG ecosystem, with referral-driven activities increasing daily.
Powerful motivators fuel this growth. Those who refer others receive 25% as complimentary BDAG, whereas newcomers get an extra 5% added onto their buy. This arrangement transforms sporadic purchasers into dedicated advocates, reinforcing the whole framework with each recommendation.
The
BlockDAG crypto presale
remains available for a short-term price of $0.0019. Up till now, 19.8 billion coins have been purchased, generating revenues totaling $231.5 million. Given an expected listing value of $0.05, this presents a potential return on investment (ROI) of approximately 2,531%. However, this chance will expire on May 13, making BDAG rank among some of the top opportunities currently around.
leading cryptocurrencies to invest in currently
.
Market Overview
The price action of Shiba Inu (SHIB) remains sluggish, largely dependent on Bitcoin’s movements. Although Cardano (ADA) experienced a slight recovery, the thin trading volumes and lackluster technical signals suggest insufficient strength for sustained upward movement.
Currently, neither cryptocurrency shows significant promise. In contrast, BlockDAG continues to follow its own rhythm. The expansion of its referral program helps increase its user count, with the price staying at $0.0019 up till May 13th.
With $231.5 million gathered and an anticipated return on investment of 2,531%, BDAG isn’t holding back as the wider market hesitates. As other cryptocurrencies lag behind, BlockDAG is swiftly emerging as the premier cryptocurrency to invest in currently, attracting numerous purchasers eager to secure their profits.
Presale:
https://purchase.blockdag.network
Website:
https://blockdag.network
Telegram:
https://t.me/blockDAGnetworkOfficial
Discord:
https://discord.gg/Q7BxghMVyu
