July Crypto Moves: SHIB Goes Deflationary, Celestia Climbs 14% and BlockDAG’s X1 Miner App Exceeds 2 Million Users!
Shiba Inu (SHIB), known as a meme coin turned community favorite, is experiencing a significant spike in its burn rate, indicating that reduced supply could drive up demand. On the other hand, Celestia (TIA) is gaining attention after a 14% price surge and increasing support for its modular blockchain approach. Meanwhile, BlockDAG (BDAG) is distinguishing itself with substantial progress. Its X1 mobile mining app has already attracted over 2 million users, combining easy access with strong presale activity. With $336 million raised and billions of coins already sold, BlockDAG is making significant strides.
This analysis delves into Shiba Inu’s burn progress, Celestia’s price movements, and BlockDAG’s expanding user base. Each project has a unique strategy, but all three are vying to position themselves as top crypto coins heading into 2025.
Shiba Inu’s Supply Continues to Decrease
Shiba Inu’s (SHIB) burn rate is accelerating, reaching new highs according to the latest data. The ongoing burn strategy aims to reduce the total supply, potentially exerting upward pressure on SHIB’s price. This strategy has been effective in keeping Shiba Inu in the spotlight.
Despite being a prominent meme coin, SHIB’s utility beyond trading remains limited. Its heavy reliance on Ethereum sometimes leads to slow speeds and high fees. Nevertheless, the SHIB community remains highly engaged, and the consistent focus on burning tokens keeps the project relevant. For traders seeking the best crypto coins for rapid price swings, SHIB continues to be a strong contender due to its community support and diminishing supply.
Celestia Focuses on Scalability and Growth
Celestia (TIA) is gaining momentum following a 14% price surge, with investors now eyeing the 50-day EMA as the next potential level. Celestia differentiates itself from traditional blockchain setups by separating execution and consensus layers, enabling developers to build flexible, scalable applications.
This distinctive approach sets Celestia apart, especially as other projects grapple with scalability issues. However, TIA still needs broader adoption to match its potential. While it is making progress, it faces stiff competition from more established Layer-1 protocols.
Nevertheless, the recent price uptick and increasing interest in modular technology keep Celestia on the radar as one of the best crypto coins with future promise. Its price target could rise further if this positive momentum persists.
Over 2 Million Users: BlockDAG’s X1 App Continues to Gain Traction!
BlockDAG is demonstrating its strength not only through its technology but also with tangible results. Its mobile mining app, X1, has now surpassed 2 million users, signaling genuine demand. There is a growing demand for simple ways to mine cryptocurrency, and BlockDAG fulfills that need. The project has raised $336 million and sold 23.8 billion coins to date, with over 18,500 mining devices already purchased.
Despite Batch 29 being priced at $0.0276, a limited-time offer as part of the GLOBAL LAUNCH release provides BDAG at just $0.0016 until August 11. When BDAG launches at $0.05, it will offer one of the lowest rates seen since the initial stages, potentially yielding a 3,025% ROI. Early investors from Batch 1 have already witnessed a return of up to 2,660% based on the current Batch 29 price.
The X1 app simplifies mobile mining for beginners while still catering to experienced miners. BlockDAG’s architecture supports fast transactions and robust security. With transparent pricing, functional technology, and a sizable user base, BlockDAG is shaping up to be one of the top crypto coins to monitor in 2025.
Which Crypto Holds the Most Promise for 2025?
Shiba Inu (SHIB) is rapidly reducing its supply, maintaining a high burn rate and potentially setting the stage for a price surge if demand continues. Celestia (TIA) brings a fresh perspective with its modular design and is gaining momentum after a notable price increase. However, BlockDAG holds a clear advantage. With over 2 million active X1 users, a functional app, substantial funds raised, and a compelling ROI opportunity, it demonstrates real traction. This isn’t just hype; it’s evidence that users are actively utilizing the platform and supporting the ecosystem. For those keeping an eye on the best crypto coins leading into 2025, BlockDAG appears poised to lead the pack.
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