Mantra Falls to $0.50 and SHIB Struggles While Altcoin’s Buyer Battles Handing Out Millions in BDAG

Is your favorite coin burning supply or just burning out? Shiba Inu (SHIB) recently saw a 2,000% jump in burns, yet its price still dropped below $0.000012. Meanwhile, Mantra (OM) faced a sharp crash, falling 91% in a single day as large holders exited before the drop. This week highlighted a clear trend. Hype alone is not enough to keep prices afloat.

Attention is now turning toward BlockDAG (BDAG). The presale has evolved into something much more competitive. Instead of only participating early, top buyers are now rewarded with millions of unsold BDAG coins daily. This is not passive holding, it is a direct competition. With major exchange listings approaching, those stacking BDAG now could be leading the next rally.

BlockDAG’s Buyer Battles Change the Game

BlockDAG has added new energy to its presale by introducing Buyer Battles, a system where the largest spenders claim millions in daily unsold coins. This is no longer just about joining early. With 25 million BDAG coins made available every day, top buyers have a clear advantage to secure more and position themselves stronger before launch.

The system follows a model inspired by the EOS presale, which raised over $4.1 billion and set a new standard for public crypto sales. With a similar structure now running for BlockDAG, analysts suggest it could lead to record-breaking inflows. With BDAG already 2,380% higher than its original price and a target of $0.05 in sight, the potential upside is significant.

BlockDAG has already sold more than 19.5 billion coins and raised $221 million so far. Its mining operations are expanding with over 1 million X1 mobile app users and more than 16,000 units of its X30 and X100 ASIC miners shipped. Ten centralized exchange listings are confirmed, and a mainnet launch is on the schedule.

Among bullish altcoins, BlockDAG is not simply checking milestones, it is setting new standards. This is not about passive buying. It is a real-time competition to gather more and lead the next big surge before BDAG prices move closer to $1.

Burn Rate Surges but Price Stalls: Shiba Inu (SHIB) Update

The Shiba Inu (SHIB) price update focuses on the surge in burn activity, but the market response remains flat. On April 15, SHIB’s burn rate jumped over 2,000%, with more than 20.8 million tokens sent to dead wallets in just one day. However, the price still fell by about 3%, slipping below $0.00001200 and now trading around $0.00001193. With over 584 trillion tokens still in circulation, a burn alone is not enough to move the price significantly.

The technical signals are mixed. SHIB is holding support at $0.00001195, while the RSI is at 41, close to but not yet in oversold territory. It has also fallen below the 50-period EMA, suggesting short-term weakness. While the Shiba Inu (SHIB) price update has energized the community, there is a growing call for stronger catalysts like Shibarium developments or renewed whale activity. Right now, SHIB is stable but not showing strong momentum.

Massive Selloff Hits: Mantra (OM) Sees Sharp Crash

The latest Mantra (OM) news shows a severe price collapse, with OM dropping more than 91% in a single day. It fell from above $6 to around $0.50, with little warning signs beforehand. According to Glassnode data, major exchange inflows were not seen until after the crash, meaning most of the selling came after the initial drop. Some whale addresses exited earlier, with the top 1% supply share decreasing slightly from 96.4% to 95.6%.

Following the crash, on-chain activity spiked. Over 1,400 transfers occurred within a 10-minute window, along with a noticeable rise in active wallet addresses. This shows the selling was widespread across smaller holders too. Withdrawals also increased after the fall, suggesting some users moved OM into self-custody or bought during the dip. The Mantra (OM) news now reflects a network dealing with high volatility and cautious sentiment as OM stabilizes near $0.50.

Final Viewpoint

The Shiba Inu (SHIB) price update shows that even after a 2,000% burn spike, SHIB is staying near $0.00001193. While support holds for now, burn activity alone has not created momentum. Meanwhile, the Mantra (OM) news brings an even sharper story, with OM falling 91% and triggering large whale movements and broader panic across wallets. Both cases highlight how quickly sentiment can shift and why solid structures matter.

In this environment, BlockDAG is capturing attention. The introduction of Buyer Battles adds a new element, rewarding top spenders with 25 million unsold BDAG daily. This is not just about early access, it creates a race for leadership in accumulation. With major listings approaching and the crypto presale phase nearing its end, BlockDAG is building urgency. The current price window will not stay open forever. Buyer Battles are active. Those moving fast could secure the strongest ground for what comes next.