Market conditions are mixed, with Toncoin facing a slowdown and Shiba Inu showing weakness even after major token burns. The recent Toncoin (TON) technical analysis shows its price is stuck below $3.35, failing to break key Fibonacci resistance. If $3.29 support breaks, a dip to $3.26 could follow.
At the same time, Shiba Inu news reports 600 million tokens burned in just one day, with a 16,717% increase in the burn rate. Still, SHIB dropped nearly 5%, showing that cutting supply alone does not create demand. BlockDAG (BDAG) is showing a different pattern. With $358 million raised, 24.6 billion coins sold, and 4,500 developers building over 300 live Web3 dApps, the focus seems to be on future use while others deal with short-term price shifts.
Toncoin Technical Analysis Points to Pause After Climb
The current Toncoin (TON) technical analysis shows the price may be entering a period of consolidation. After moving from $3.18 to $3.39, TON failed to push past the 0.236 Fibonacci level at $3.348.
Support from EMA-20 and EMA-50 is forming around $3.29 to $3.30. A close above $3.36 could push the price higher toward $3.42 to $3.45. Still, Toncoin (TON) technical analysis also shows that a close below $3.29 could trigger a deeper pullback and retest the EMA-200 around $3.26.
Shiba Inu News: Massive Burn Fails to Boost Price
Recent Shiba Inu news shows over 600 million SHIB burned in one day, with one wallet burning 601 million alone. This led to a sharp 16,717% jump in the burn rate. Despite this, the price dropped nearly 5%, now trading close to $0.00001349.
This Shiba Inu news highlights that even major burns do not always push prices up when demand is weak. SHIB now faces resistance near $0.00001407, and with the RSI around 48.5, traders are waiting to see if the next big move is upward or downward.
4.5K Developers Join BlockDAG: Why This Buildout Matters Now
BlockDAG’s growth goes beyond its presale totals. While more than $358 million has been raised and over 24.6 billion BDAG sold, attention is now shifting to what’s being built behind the scenes. With 4,500 developers working across more than 300 Web3 projects, the early foundation for a large ecosystem is already forming ahead of launch.
This kind of activity is not common for a project still in presale. It shows BDAG is focused not just on selling but on creating platforms for DeFi, gaming, payments, and decentralized apps that may keep driving demand after launch. As more projects go live inside this ecosystem, demand and usage could start feeding back into BDAG’s value.
There are already ideas about where this might go. With the current entry price at $0.0016, and a launch price expected at $0.05, that marks a 3,025% increase on paper. Forecasts now suggest $1 in the short term, with long-range targets around $10 or even $20, showing a wide gap between current and possible future prices.
More developers are joining daily, and each new presale batch increases the cost. Waiting reduces the gap. Buying at $0.0016 before August 11 could give early access to what is shaping up as one of the most active, utility-focused launches of 2025.
What Could Be the Top Crypto for 2025?
Short-term trades can often feel unpredictable. Toncoin (TON) technical analysis shows price stuck near $3.35, with no strong move in either direction yet. Meanwhile, Shiba Inu news about 600 million tokens burned could not stop a 5% dip, showing that supply cuts alone do not always boost prices.
While many are focused on quick moves, BlockDAG is building a long-term setup. With $358 million raised and 4,500 developers working on more than 300 future projects, it is laying a strong base. That’s why some analysts now mention it as a top crypto for 2025, one that may grow through use, not just market talk.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
