SHIB Struggles, Ethena Hits $0.59 While BlockDAG Tops Both With $312M Presale

Crypto News

BlockDAG Prepares Miner Rollout in July as Surges Past $312M, While SHIB Fades and Ethena Stalls

Track SHIB’s dip and ENA’s resistance. Uncover BlockDAG’s $312M presale surge, X-Series miner delivery in July, and 20 upcoming listing push. See which is the next breakout?

Shiba Inu (SHIB) continues to face pressure after its latest dip. Meanwhile, Ethena (ENA) is testing resistance near $0.59. While traders remain focused on these movements, BlockDAG (BDAG) is becoming a fast-growing name. With over $312 million already raised in its presale, BlockDAG is actively building infrastructure. The first shipments of miners, including X30 and X100 models, are scheduled for July 7. The X10 models will follow on August 15.

Currently, BlockDAG remains in presale mode with the price set at $0.0018 until June 20. With rising interest in top-performing cryptocurrencies, this short window could mark a key moment. Attention across the crypto space is shifting quickly, and BlockDAG is becoming a leading topic of discussion.

SHIB Struggles to Hold Key Support

Shiba Inu (SHIB) remains in a tight trading range, struggling to stay above the $0.000021 mark after slipping from its recent high of $0.000025. Although there have been occasional bursts in volume, overall momentum continues to weaken. The RSI sits near neutral levels, showing no immediate signs of a bullish turnaround. Without a significant catalyst, SHIB risks sliding toward the $0.000019 support level.  

Burn rates have decreased compared to last month, and on-chain activity is slowing, suggesting that many participants are stepping back. In the short term, SHIB’s movement may depend on upcoming developer updates or surprise burns, while interest shifts to projects with active development and clear use cases.

Ethena Builds Strength as $0.60 Test Nears

Ethena (ENA) recently rebounded from support near $0.54 and is now testing $0.59, a level acting as short-term resistance. A confirmed move above $0.60 may indicate a bullish continuation, especially on the 4-hour chart. Technical indicators like the RSI lean slightly positive without suggesting overbought conditions, while the MACD is nearing a potential crossover, hinting at growing momentum.

Trading volume has picked up after a quiet start to the month, signaling renewed interest. If the price breaks $0.60, analysts see a move toward $0.63 to $0.66. A dip below $0.55 could weaken the setup. Ethena remains strong in the DeFi space but still needs follow-through to confirm upside momentum.

BlockDAG’s $312M Run Continues With Upcoming U.S. Deal & Miner Shippings

BlockDAG is showing strong signs of becoming one of 2025’s standout crypto projects, even ahead of its biggest milestone. A potential U.S.-based sponsorship might push BlockDAG into a much larger spotlight. This move is part of a six-week strategy leading toward exchange listings. Currently in Batch 29, the presale is still open, but each batch brings higher pricing.

BlockDAG has raised $312 million of a $600 million target. So far, 22.8 billion coins have been sold. The current price stands at $0.0276. However, a frozen rate of $0.0018 is still available until June 20, offering the lowest entry point before pricing rises further toward the $0.05 launch rate.

Miner shipments begin July 7 for X30 and X100 models, while X10 devices follow on August 15. The mainnet and vesting contract will activate in the final six weeks of presale. At that stage, 40% of purchased coins will be available. Additionally, 20 exchange listings have been confirmed, including five on Tier-1 platforms.

BlockDAG is not only outlining future utility, it is already delivering it. The ecosystem includes a live dApp builder, no-code smart contract tools, and features for NFTs. With real-world infrastructure taking shape, this ongoing presale phase remains a strong opportunity before the broader market catches on.

Summing Up!

Shiba Inu (SHIB) is holding near $0.000023 but needs stronger momentum to break out of its range. Ethena (ENA) looks positive as long as it can stay above the $0.60 mark. While both are under watch for short-term gains, a bigger opportunity is forming elsewhere.

BlockDAG remains in presale, with prices still far below its launch level. The frozen $0.0018 rate is valid until June 20. With $312 million raised, miners set to ship next month, and a high-profile sponsorship on June 20, the project is gaining rapid attention. Listings begin after Batch 45, offering a limited window for early entries. In the race to find the best-performing crypto this summer, BlockDAG is becoming one of the strongest contenders.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu


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Author

Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

Source: https://coindoo.com/blockdag-prepares-miner-rollout-in-july-as-surges-past-312m-while-shib-fades-and-ethena-stalls/