The crypto market remains lively, showcasing new trends each week. Bitcoin Cash (BCH), Shiba Inu (SHIB), and the BlockDAG project are in focus for their innovative approaches to scalability and decentralization.
BCH's Bullish Momentum and Its Use Limitations
Bitcoin Cash (BCH) recently formed a bullish golden cross, suggesting possible future price gains. However, despite a 20% increase in the BCH/BTC ratio, underlying concerns loom regarding user activity. Daily active addresses for BCH have dropped to six-year lows, with most BCH remaining unused in wallets, indicating a lack of utility for everyday transactions. While traders may enjoy a rally, long-term investors might hesitate as gains appear driven by short-term trading rather than real network development.
Shiba Inu's Delisting Issues and Growth Potential
Shiba Inu (SHIB) has seen its price fall to $0.00001121 following delistings from two exchanges, leading to frustration among its team. Despite the dip, SHIB retains a market cap of $6.66 billion, remaining among the top meme coins. To surpass Dogecoin's market cap, SHIB would need to grow by 264%. Analysts see potential for upward movement with support at $0.0000095 and resistance near $0.0000118. July 2025 projections suggest a price range of $0.00001131 to $0.00001482, bringing gains up to 30% as it expands into Web3 and decentralized finance.
BlockDAG: High-Speed Scalability in Blockchain
BlockDAG is transforming blockchain operations by allowing multiple blocks to process simultaneously, enhancing scalability and reducing delays. Through a fast Proof of Work system, BlockDAG achieves up to 10 block confirmations per second, with future upgrades aiming for over 100 confirmations. Having raised over $333 million and sold 23.7 billion coins, BlockDAG shows strong market traction. Currently in Batch 29 at $0.0016, it positions itself as a leading option among Web3 technologies.
Bitcoin Cash (BCH) and Shiba Inu (SHIB) play crucial roles in the crypto landscape, each exhibiting both strengths and challenges. While BCH struggles with practical utility, SHIB maintains its meme coin prominence with hopes of growth in Web3. Meanwhile, BlockDAG stands out with advanced transaction capabilities and a successful presale, offering promising long-term growth prospects.
