Market conditions remain uncertain as Toncoin shows hesitation and Shiba Inu declines, even after major burning events. The latest Toncoin technical analysis shows that the price remains stuck below $3.35, facing strong Fibonacci resistance. If support at $3.29 breaks, a further slide toward $3.26 is likely.
At the same time, recent Shiba Inu updates report a burn of 600 million coins within 24 hours. This caused a sharp 16,717% increase in the burn rate. Still, SHIB’s price dropped nearly 5%, showing that reducing supply alone does not guarantee upward movement.
BlockDAG (BDAG), on the other hand, continues to grow steadily. It has already raised $358 million and sold 24.6 billion coins. With more than 4,500 builders working on over 300 Web3 projects, BlockDAG (BDAG) is creating a solid base for long-term value. While other networks deal with short-term shifts, BlockDAG is focused on building future utility and expanding its ecosystem.
Shiba Inu News Flags 5% Dip Despite Coin Burns
Market sentiment feels tense as Toncoin hesitates and Shiba Inu falters despite headline‐making burns. The latest TON technical analysis shows price action stalling below $3.35. It fails to clear the Fibonacci resistance level and risks sliding toward $3.26 if support at $3.29 does not hold.
Meanwhile, the Shiba Inu news reports that 600 million coins were burned in 24 hours, generating a 16,717% surge in the burn rate. Despite this massive supply cut, SHIB still slipped nearly 5% showing that supply cuts do not guarantee demand.
TON Technical Analysis Points At Consolidation Phase
The latest Toncoin technical analysis shows the rally has paused. The price struggles to maintain above $3.35, having climbed sharply from $3.18 to $3.39. It cannot break the 0.236 Fibonacci level at $3.348. Both EMA‑20 and EMA‑50 now offer support around $3.29 to $3.30, creating a key decision zone.
A close above $3.36 could renew upward momentum toward $3.42 or $3.45. On the other hand, a drop below $3.29 may open the door to a deeper correction with a possible retest of EMA‑200 near $3.26.
BlockDAG Ecosystem Momentum With Huge Growth Metrics
BlockDAG has raised $358 million through its presale and sold a total of 24.6 billion coins so far. BlockDAG’s development activity is especially notable. Over 4,500 builders support development across 300 Web3 projects.
This early ecosystem work lays strong foundations for real-world use cases, including decentralized finance platforms, gaming initiatives, payment networks, and decentralized applications. That kind of utility focus helps drive organic demand over time. It also supports forward‑looking growth rather than short‑term speculation.
If users take advantage of the GLOBAL LAUNCH release price at $0.0016 before August 11, they lock in early positioning. Historically, Batch 1 buyers saw a 2,660 % return relative to $0.0276. Now, with the $0.0016 entr,y users gain much higher upside to the $0.05 launch base. Analysts see potential for the price to reach $1 in the near term, with long‑range estimates as high as $10 or $20.
More projects joining the ecosystem and each new batch sold tends to push value higher. This upward pressure makes early participation before August 11 important. That is because the margin narrows over time. BlockDAG is clearly building beyond short‑term trends with real momentum and a utility‑first design.
Wrap Up!
Short‑term crypto moves can feel like chasing shadows. Toncoin technical analysis shows a tug‑of‑war near $3.35 with no breakout in sight. Shiba Inu news of a 600M coins burn did not stop a 5 % drop, demonstrating how fragile rallies may be.
In contrast, BlockDAG has raised $358 million, supported by 4.5k builders working across 300 projects, and has already sold 24.6 billion coins. That strong foundation is why analysts highlight BlockDAG as a top crypto for 2025. It is designed for sustained demand beyond speculative hype.
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