Ethereum Nears $2,100, SHIB Drops 10%, Altcoin Secures $233M & CertiK Green Light

Ethereum has just regained key support, pointing toward a possible move to $2,100. On the other hand, Shiba Inu continues its decline, now down another 10%. However, signs of quiet accumulation hint that buyers may be stepping in.

Meanwhile, BlockDAG (BDAG) has passed its CertiK audit and is preparing for its mainnet launch. With over $233 million raised, a $0.0019 limited-time price valid until May 13, and upcoming exchange announcements, BlockDAG stands out among the latest crypto developments. Let’s break down what’s happening across these three major projects.

Shiba Inu Price Drop Continues With Signs of Accumulation

Shiba Inu (SHIB) has dropped another 10% in the past week, settling near $0.000012. While the fall in price is clear, indicators such as the Chaikin Money Flow are pointing upward, hinting at fresh accumulation. Data reveals a negative Network Realised Profit/Loss, indicating that most holders choose to hold rather than sell at a loss.

Futures activity shows traders leaning slightly bullish, with funding rates favouring long positions. A potential rebound could be in sight if SHIB climbs above its 20-day EMA and attracts sustained buying. That could push the price back toward $0.000014 in the near term. For now, though, the downward pressure has not fully eased.

Ethereum Bullish Signal Builds as Support Holds

Ethereum (ETH) has reclaimed a critical support level, and analysts see this as a fresh bullish signal. The quick bounce back from a minor dip is seen as proof of strong buyer activity. Analyst Michaël van de Poppe views this move as a positive sign, with $2,100 now the key target in focus.

Retaking this support often signals the start of upward momentum. On-chain metrics also show growing accumulation, particularly among larger holders. With the ETH price stabilising and interest rising, sentiment is leaning positive. If current levels hold, Ethereum could break through resistance and set the stage for a short-term rally.

BlockDAG Gains Momentum with CertiK Audit Passed & $233M Raised

BlockDAG has cleared its CertiK audit, a major milestone after passing a previous Halborn security check. This dual-audit approach confirms BlockDAG’s technical strength and signals its readiness for launch. The project moves from presale phase to launch preparation, setting it apart from most early-stage crypto projects.

The CertiK approval adds further trust to BlockDAG’s roadmap, and buyers are now looking ahead to the 10 exchange listings the team plans to announce soon.

Confidence in the project continues to rise, helped by the successful sale of more than 19.9 billion coins and over $233 million in funds raised. Miner adoption is also strong, with 17,375 units sold and $7 million in miner revenue generated.

Currently, BlockDAG’s Batch 28 is active. The batch price is $0.0262, but there’s a limited-time opportunity to enter at $0.0019 until May 13. With a confirmed launch price of $0.05, this offer gives a projected gain of 2,520%. As the launch date nears and exchange updates approach, BlockDAG’s progress places it in the spotlight. It’s quickly becoming a serious contender among top crypto platforms in 2025.

What the Market Signals Mean Going Forward

Ethereum’s bounce back above support shows renewed strength, while SHIB’s dip continues, despite early signs of accumulation. These two are still finding their footing. But BlockDAG’s progress changes the pace completely.

With the CertiK audit done, strong miner sales, and a limited-time $0.0019 offer, it’s entering the final phase before going live. For those tracking high-potential projects, BlockDAG now shows real traction backed by numbers, not just speculation.