SHIB Faces Drop, Bulls Take Charge of ETH; BDAG Gets CertiK Green Light

SHIB Dips 10%, Ethereum Eyes Breakout Above $2,000; BlockDAG Breaks Through $233M in Presale Post CertiK Approval!

Ethereum (ETH) just sparked a bullish signal, reclaiming key support and bringing the $2,100 mark back into view. Over in the memecoin space, Shiba Inu (SHIB) continues to struggle, dropping another 10%, though there are subtle signs of accumulation suggesting a potential bounce.

While both ETH and SHIB work to find their footing, BlockDAG (BDAG) is charging ahead. With its CertiK audit now in the books, the project is gearing up for its next phase. Already raising $233.5 million and with launch plans moving fast, BDAG is gaining serious momentum, making it a top decentralized crypto that investors are closely tracking.

Rising SHIB Accumulation Hints at Potential Bounce

Shiba Inu (SHIB) has seen a 10% drop over the past week, pushing its price down to around $0.000012. Despite this decline, some positive signals are emerging. The Chaikin Money Flow is showing rising inflows, suggesting quiet accumulation is taking place. There’s also a bullish divergence forming, with the negative Network Realized Profit/Loss indicating holders are hesitant to sell at a loss.

Futures traders are staying optimistic, with funding rates pointing to strong demand for long positions. While SHIB’s recent price drop is clear, a short-term bounce back to $0.000014 is possible if it can break above the 20-day EMA and keep the buying momentum going.

ETH Sets Sights on $2,100 After Reclaiming Key Support

Ethereum (ETH) just flashed a bullish signal after bouncing back from a key support level, according to analyst Michaël van de Poppe. ETH briefly dropped below this level but quickly recovered, showing strong buyer interest.

This support reclaim is seen as a potential turning point, with $2,100 now in sight. Van de Poppe suggests that when a coin recaptures lost support, it often sets the stage for upward movement. For now, ETH seems to be holding steady, and the bullish signal reflects growing confidence in its near-term performance. The market is watching closely to see if this momentum continues.

CertiK Approval Paves the Way for BlockDAG’s Next Move!

BlockDAG has just reached an exciting new milestone: CertiK has officially given the network its stamp of approval! This second audit, following Halborn’s thorough review, places BlockDAG in a league of its own within the presale space. It’s not just about tech security, this approval signals that BlockDAG is ready to hit the open market.

The CertiK seal is more than a technical victory. It marks the shift from BlockDAG being a presale-only opportunity to one that’s preparing for launch. With this trusted audit behind it, buyers are now paying attention, knowing they’re eyeing a verified coin set to make waves.

What’s next for BlockDAG? After securing CertiK’s endorsement, the project is gearing up to drop updates on its upcoming 10 exchange listings. That could very well be the first official signal that BlockDAG is on the verge of going live.

For those who’ve been keeping an eye on the presale, there’s no better time to jump in. Batch 28 is still available at a special price of $0.0019, down from the original $0.0262, offering a mind-blowing potential ROI of 2,531% once it lists at $0.05. With $233.5 million already raised and 19.9 billion coins sold, this is one presale that’s getting ready to turn into something much bigger. For those seeking the next big crypto, now is the time to act!

Final Thoughts

Ethereum is showing fresh strength, with a key support reclaim setting the stage for short-term momentum. Meanwhile, Shiba Inu’s recent drop signals some hesitation, though there are whispers of quiet buildup beneath the surface. The market feels uncertain, but not without potential.

Then there’s BlockDAG, which is in a league of its own. With CertiK’s approval stacking on top of Halborn’s, the guessing game is over. Big exchange news is on the horizon, and the presale is on fire. At just $0.0019 until May 13 and with a 2,531% ROI confirmed at launch, BlockDAG is moving into its next phase, and it’s one to watch closely.