BlockDAG Closes In on $300M With NBA Tease, While Avalanche Climbs & Shiba Inu Loses Momentum

The crypto market is shifting again, but not in the usual way. BlockDAG is leading the conversation, not through speculation, but with real numbers, smart positioning, and a surprising cultural move that could shake up the space. With over $294 million raised in presale and a rumored NBA partnership in the works, BlockDAG is turning heads as it builds toward mass visibility.
As BDAG’s X1 app crosses 1.5 million users and presale totals edge toward $300 million, two other notable names are making moves, but in opposite directions. Avalanche (AVAX) is gaining traction thanks to rising GameFi activity, while Shiba Inu (SHIB) is slowing down, with fading enthusiasm and a steep drop in its token burn rate. Let’s dive into what’s happening with each, and why BlockDAG might be the project to watch next.

Shiba Inu Slips as Burn Rates Plummet & Community Energy Fades

SHIB used to be the meme coin that never stopped buzzing, but that energy is fading fast. Recent figures show that Shiba Inu’s burn rate has plunged by 63%, hinting at reduced community efforts to decrease supply, once a key part of SHIB’s deflationary pitch.

This slowdown isn’t just about numbers. It reflects a wider disengagement, as SHIB’s price struggles to climb above key technical levels. Momentum is lacking, and with fewer tokens being burned and no new catalysts, interest is slipping. In a market that’s increasingly focused on real-world use cases and innovation, Shiba Inu’s once-loyal base seems less motivated than before. Without a shift in direction, the project risks falling further behind.

Avalanche Jumps on GameFi Hype, Powered by MapleStory Universe

On the other end of the spectrum, Avalanche (AVAX) is seeing renewed energy. Its price has moved above $20, lifted by increased on-chain activity tied to MapleStory Universe, a blockchain-based version of Nexon’s popular online game. This marks Avalanche’s strongest move into GameFi yet, and the results are showing up across the network.

New contracts are being deployed, NFT minting is on the rise, and wallet activity is climbing. Avalanche is quickly building a reputation as a leading Layer 1 for Web3 gaming, and this partnership is proof of that evolution.

Still, AVAX has a long road ahead. Its price is well below past highs, and while this surge is promising, more consistent GameFi expansion will be needed to turn this into a sustained recovery. The foundation is there, but momentum must hold.

BlockDAG Accelerates With $294M Raised & a Game-Changing NBA Tease

While others struggle or spike, BlockDAG is doing something different, it’s building forward. With more than $294 million raised and over 22.2 billion BDAG coins sold, BlockDAG is shaping up to be one of the most successful crypto presales of 2025. Its X1 mobile app now has 1.5 million users mining BDAG directly from their phones, all without hardware requirements.

That’s thanks to a Proof-of-Engagement model, where gamified mining, leaderboards, and referrals are driving adoption. But what really separates BlockDAG is what’s coming next: a teased NBA collaboration that could bring the project from the crypto world to mainstream screens.

Following high-profile deals with Inter Milan and UFC fighter Alex Pereira, the possible NBA partnership would take things to another level. Rumors point to courtside branding, national broadcasts, and fan interaction opportunities, all timed around the upcoming GO LIVE reveal on June 13.

BlockDAG is checking all the boxes:

$294 million in presale funds raised
1.5M+ X1 app users actively mining
Mobile-friendly mining with viral gamification
“Buyer Battles” to incentivize larger purchases with token rewards
NBA teaser that bridges crypto with pop culture visibility

What makes BlockDAG so intriguing isn’t just the tech, it’s the fusion of infrastructure and image. Most projects choose either community hype or developer focus. BlockDAG is doing both, and now it’s breaking out of the crypto bubble with strategies that few rivals can match.

Key Insights

Avalanche is making positive steps, driven by GameFi partnerships that show long-term promise. Shiba Inu, once unstoppable, is seeing its momentum drop as burns slow and user excitement cools. But BlockDAG is in a different lane altogether.

With a presale nearing $300 million, a massive mobile mining base, and a teased NBA deal that could bring BDAG into mainstream conversations, BlockDAG isn’t just building quietly, it’s setting the tone.

As June 13 approaches and the project prepares for its GO LIVE reveal and multi-exchange rollout, BDAG could be positioned to become the defining crypto launch of the year. This isn’t just a presale, it’s a platform in motion, with cultural weight and technical backing.

If the NBA teaser materializes, BlockDAG’s reach could expand far beyond DeFi. For now, it looks less like a crypto bet and more like a strategic leap into the future.