Cardano Sets Up a Rebound, Shiba Inu’s $1 Myth Collapses, & BlockDAG’s $420M+ Presale & 20 Listings Prove It’s Built Different

by Josphat Kariuki

October is shaping up to be a pivotal month for several major projects. Cardano (ADA) is trading in oversold territory around $0.82, with its RSI reading 33 and governance upgrades under the Voltaire Era potentially setting the stage for a rebound. Shiba Inu (SHIB), meanwhile, continues to rely on community hype, but its massive 589 trillion supply makes the dream of hitting $1 mathematically unfeasible.

Amid these contrasting stories, BlockDAG (BDAG) is rewriting presale history. With over $420 million raised, 26.5 billion coins sold, and 20 exchange listings already secured, it is solving one of the sector’s biggest challenges: liquidity. That difference positions BlockDAG as one of the most compelling crypto coins to buy this month, backed by execution and adoption rather than speculation.

Cardano’s Oversold Setup: Signs of a Potential Rebound 

Cardano (ADA) is currently trading near $0.82 after heavy selling pressure pushed it into oversold territory, with the Relative Strength Index (RSI) hovering around 33. Resistance is seen near $0.84, while support sits around $0.80, creating a crucial decision point for the asset.

The upcoming Voltaire Era governance and staking upgrades from the Cardano Foundation and Input Output Global (IOG) could strengthen decentralisation and renew network momentum. While 88% of traders anticipate a bullish reversal, others caution that bearish trends could persist if momentum fails to recover.

This scenario highlights both risk and potential upside for those watching crypto coins to buy. A rebound could position Cardano for stronger performance heading into the next quarter, but much will depend on how governance updates are received and whether buying pressure returns at these key technical levels.

Shiba Inu’s $1 Dream Faces Mathematical Reality 

Shiba Inu (SHIB) continues to build out its ecosystem with platforms like ShibaSwap and ongoing burn mechanisms. However, its massive circulating supply, roughly 589 trillion, remains the biggest obstacle to significant price growth. Achieving $1 would require a market cap near $600 trillion, over five times global GDP, making such a target practically impossible under current conditions.

While token burns and broader adoption could support gradual price increases, both scenarios face significant hurdles. As a result, SHIB’s price action is more likely to be driven by short-term speculation than sustainable fundamentals. For those assessing crypto coins to buy, it’s crucial to understand these limitations. Shiba Inu’s community strength gives it staying power, but without major structural changes, it remains a speculative play rather than a path to large-scale, lasting value.

BlockDAG Secures 20 Exchange Listings Before Launch 

BlockDAG (BDAG) is addressing one of the biggest weaknesses of typical presales, the lack of liquidity, before it even hits exchanges. Many projects launch on a single platform, leaving users waiting weeks or months for additional listings, which often leads to volatile price swings and thin order books. 

BlockDAG is taking a different route by securing 20 exchange listings, including MEXC and LBank, ahead of its mainnet debut. This ensures liquidity is distributed from day one, supporting fairer price discovery and reducing the risk of manipulation.

This focus on liquidity is backed by strong fundamentals. BlockDAG has already raised over $420 million, sold over 26.5 billion coins, and is currently priced at just $0.0015, far below the confirmed listing price of $0.05. With more than 3 million mobile miners, 20,000+ ASIC units shipped, and a base of over 312,000 holders, adoption is well underway.

The project’s liquidity-first approach, combined with robust adoption metrics and a clear growth roadmap, makes BlockDAG one of the most attractive crypto coins to buy heading into 2025. Its strategy ensures a smoother transition into secondary markets and provides the confidence that the ecosystem is built for scale. While others are still preparing for launch, BlockDAG is already demonstrating delivery, and that could be a defining factor in its post-listing performance.

Final Takeaway: Which Crypto Coins to Buy Now? 

Cardano’s oversold RSI suggests a potential rebound, but much depends on governance upgrades and renewed buying momentum. Shiba Inu continues to attract attention but remains constrained by its massive supply, making its $1 target highly unrealistic.

BlockDAG, however, is solving the problems that often limit new projects. With 20 exchange listings secured ahead of launch, over $420 million raised, and 26.5 billion coins sold at $0.0015, it’s building both liquidity and credibility from the start. Supported by 3 million miners and 312,000 holders, BlockDAG is far beyond the concept stage. For those considering crypto coins to buy, its combination of adoption, liquidity, and long-term scalability positions it as the frontrunner, not just for October but for the years ahead.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu