BlockDAG Hits 1.5M Users, While Shiba Inu Burns 538M Coins & Dogecoin Faces Pressure

Crypto hype often overshadows real utility, but some projects are showing signs of meaningful traction. Shiba Inu’s latest burn event eliminated over 538 million coins in one day, while Dogecoin’s recent performance has left many wondering if the uptrend is losing steam. These two remain in the spotlight, but not for the same reasons as before.

Meanwhile, BlockDAG (BDAG) continues to gain ground with real-world use. Its X1 Miner app just passed 1.5 million active users, all contributing directly to its testnet. With rising adoption and momentum behind its ongoing presale, BlockDAG’s story is increasingly one of real-world engagement rather than price chatter.

BlockDAG’s X1 Miner App Hits 1.5 Million Users as Presale Builds Steam

BlockDAG has reached a new milestone with over 1.5 million users now mining through its X1 mobile app. This figure goes beyond simple downloads, showing that people are actively contributing to BlockDAG’s testnet through smartphone-based mining. It’s a clear sign that BlockDAG’s mobile-first strategy is gaining traction with a growing user base that engages daily and supports the project’s network development as the mainnet approaches.

On the presale front, BlockDAG is gaining more attention as numbers continue to rise. The campaign has now raised over $290 million, with more than 22 billion units already sold. It is currently in batch 28, priced at $0.0262. However, a limited-time offer allows participants to secure pricing as low as $0.0020 until June 13, presenting a potential return of 2,520 percent based on the original batch rate.

This combination of rising user participation and a time-sensitive presale offer is making BlockDAG one of the top crypto coins right now. As its mobile-first ecosystem grows and prepares for the June 13 GO LIVE Reveal, it’s being measured by actual engagement rather than speculation. With so many actively supporting the testnet through the X1 app, the momentum is backed by consistent daily use.

Shiba Inu (SHIB) Token Trend Spikes with 538 Million Burned in a Single Day

Over 538.48 million Shiba Inu coins were burned in just 24 hours, signaling a significant jump in activity around supply reduction. This burn activity aligns with growing interest in the Shiba Inu (SHIB) token trend, and the numbers were spread across 55 separate transactions, suggesting broad community involvement. For supporters of the SHIB ecosystem, it’s an encouraging signal that user interest remains strong even in slower market conditions.

This type of aggressive supply reduction can shift the market balance over time, possibly leading to stronger price levels if demand keeps up. It also shows that SHIB’s internal mechanics, such as the burn system, are functioning as designed. With continued development in the ecosystem, this major burn event has kept the SHIB conversation active and relevant, especially among those tracking deflationary models.

Dogecoin (DOGE) Bearish Trend Raises Red Flags as Chart Weakens

Dogecoin’s latest chart pattern is giving traders pause. After hitting $0.259 on May 11, DOGE has pulled back to around $0.228. While not a massive drop, the price action is now showing lower highs, which can suggest a weakening trend. Technical analysts are pointing to the lack of a five-wave structure, often seen in strong upward moves, as a sign that the last rally may have been short-lived.

Some are watching for a deeper pullback, possibly into the $0.199 to $0.183 range. That scenario could play out if DOGE breaks below $0.21, a key support level. On the flip side, any move above $0.247 could shift the outlook again. Until then, the current Dogecoin (DOGE) bearish trend is being closely watched as a possible setup for further correction.

Summing Up

Shiba Inu has managed to stay in the headlines thanks to high burn activity, and Dogecoin remains relevant due to ongoing chart analysis. But while both attract attention, it often centers on price or technical patterns. BlockDAG is approaching things differently. Its growth story is tied to engagement, not just hype. The X1 Miner app crossing the 1.5 million user mark proves that participation is happening in real time.

As the presale nears a key point and users keep powering the testnet through daily mining, BlockDAG is building quietly but steadily. In a space where many projects chase visibility through headlines, BlockDAG’s traction is being earned by what people are doing with it today, not just what might happen tomorrow. Among the top crypto coins right now, this kind of measurable use could be what makes the difference.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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