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BlockDAG Shows Off Tech Prowess with Beta Testnet – Shiba Inu Price Drops 8% & Cardano Hits $0.6

By WebDeskApril 6, 20255 Mins Read
BlockDAG Shows Off Tech Prowess with Beta Testnet – Shiba Inu Price Drops 8% & Cardano Hits alt=
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,What happens when meme coins lose steam and whales start selling? The Shiba Inu (SHIB) price drop continues despite Shibarium’s network growth, and Cardano (ADA) whale action has seen 120 million ADA dumped in just two days. While these stories shake holders, one platform is doing the opposite—building momentum by giving creators what they need: tools, not promises.

BlockDAG’s latest beta testnet launch is flipping the script with a no-code token and NFT wizard. Think of it as Shopify for crypto—anyone can now drag, drop, and launch their Web3 idea without touching code. The result? More tokens, more NFTs, and more reasons to use BDAG. For people scanning the market for crypto coins to buy now, BlockDAG is giving serious utility and real reasons to watch.

BlockDAG’s No-Code Tool Brings Web3 Creation to Everyone

BlockDAG’s latest move isn’t just about blockchain speed or security—it’s about access. With its new no-code token and NFT creation wizard now live on the beta testnet, anyone can build on Web3 without touching a line of code. It’s drag, drop, and deploy—turning the platform into a launchpad for creators who were previously locked out by the technical complexity of networks like Ethereum or Solana.

This simplicity is a big deal. Every token or NFT created through BlockDAG’s wizard uses BDAG to function. That means the more users start creating, the more transactions are triggered, directly boosting demand for the coin. It’s a chain reaction built on utility. As the testnet matures and mainnet approaches, BlockDAG is becoming one of the few crypto coins to buy now that actually ties usage to value in a clear way.

The beta testnet, launched on March 28, brings other key features too—an upgraded blockchain explorer, faucet access, and a creator-friendly dashboard. It also includes a $60,000 reward pool, with $2,000 in BDAG going to the top 10 users by wallet activity, mining performance, and balance. More than 110,000 users are already testing the network and shaping how it performs before the mainnet hits.

BlockDAG’s presale is currently in batch 27, with BDAG priced at $0.0248. Over 18.8 billion coins have been sold, raising more than $212 million so far. It’s one of the crypto coins to buy now that’s getting real traction from both users and builders.

Shiba Inu (SHIB) Price Drop Continues Despite Shibarium Growth

The Shiba Inu (SHIB) price drop hasn’t slowed, even with Shibarium hitting over 1 billion transactions. SHIB is now priced at $0.00001226, down 8.28% over the past week and nearly 55% year-over-year. Despite increased network use, 62% of holders are still sitting on losses. Burn rates haven’t helped much either—only 37.6 million tokens were burned in the past 24 hours, a 60% drop from the previous day.

Even as Shibarium shifts from testing to real-world usage, it hasn’t pushed SHIB upward. Trading volume is down 40% in 24 hours, and with large holders owning 74% of the supply, price swings remain unpredictable. Without stronger demand or consistent burns, the Shiba Inu (SHIB) price drop could continue, possibly adding another zero and pushing holders further into the red.

Cardano (ADA) Whale Action Triggers Price Pressure

Recent Cardano (ADA) whale action has stirred up price movement, with 120 million ADA sold off in just two days. That sell-off dropped the holdings of large wallets (1M–10M ADA range) from 5.84 billion to 5.71 billion. ADA’s price slid to $0.61 before bouncing back to $0.66, but the weekly drop still stands at nearly 6%. Whale concentration has also dipped to 8.48%, while retail holders now control 71.17% of the supply.

Ownership trends show short-term traders are exiting fast, with a 16.36% drop in that group. Despite the sell pressure, institutional inflows remain strong. Cardano-focused ETPs saw $0.6 million in new inflows last week, pushing 2025 totals to $70 million. While Cardano (ADA) whale action has weighed on short-term performance, long-term interest from institutions is holding steady.

The Final Take 

The Shiba Inu (SHIB) price drop and ongoing Cardano (ADA) whale action are putting pressure on both communities, with sell-offs, weak burns, and trading slowdowns adding to concerns. While holders wait for a turnaround, new builders are shifting focus toward platforms that offer more utility and ease of use.

That’s where BlockDAG is stepping in. Its no-code token and NFT creation wizard is opening the door for anyone to launch on Web3—no dev experience needed. Every action on the platform uses BDAG, so more creators directly mean more coin usage. For those looking at crypto coins to buy now, BlockDAG isn’t just hype—it’s delivering tools people are actually using. And with the presale hitting over $212 million, BDAG’s momentum keeps growing.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Credit: Source link

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