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Token Burns, Price Patterns, and BlockDAG's Live Testing

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by Giorgi Kostiuk

a day ago


While the spotlight is on token burns and price breakouts, BlockDAG is conducting live tests, demonstrating its capabilities.

SHIB Burns 1B Tokens, Sparking Speculation

Shiba Inu has burned over 1 billion tokens within 24 hours, boosting its burn rate by 57,000%. A single user sent 1 billion SHIB to a dead wallet, removing them from circulation. Despite this, SHIB's price remained stable at $0.00001443 after a 55% drop from its yearly peak. Chart analysts are eyeing a 'megaphone' pattern that suggests a potential 130% price hike to $0.00003395.

Chainlink Eyes $20 as Momentum Builds

Chainlink's LINK token is on an upward trajectory after breaking out from a downward channel that began in February 2025. The current price is $15.15, with $20 as the target. LINK's social activity is rising, attracting more traders' attention.

BlockDAG Testnet Prepares for 2025 Launch

BlockDAG is in its final phase before the 2025 mainnet launch. The testnet processes over 15,000 transactions daily, proving decentralization and scalability. MetaMask integration and smart contract functionality are being actively tested, indicating BlockDAG's readiness.

BlockDAG's testnet is showing significant progress in blockchain technology, preparing the platform for its 2025 launch. Market attention is focused on its success in handling transactions and smart contract testing.

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