BDAG Partners With SpaceDev; SHIB & NEAR Show Bearish Sentiment

4 mins mins

Explore why BlockDAG’s presale soared past $203.5M after its SpaceDev deal, while the Shiba Inu (SHIB) market cap weakens and Near Protocol (NEAR) bearish sentiment grows.

SHIB’s Market Cap Dips—Ranking at Risk! NEAR Bearish & BlockDAG Strikes Deal with SpaceDev as Presale Hits $203.5M!

Shiba Inu (SHIB) market cap is feeling the strain as the token faces mounting sell pressure, struggling to keep its spot among the top 20 cryptocurrencies. NEAR is also struggling as the Near Protocol bearish sentiment deepens, with sharp losses fueling concerns about a further drop to $1.90.

While these two tokens try to hold their ground, BlockDAG (BDAG) moves in the opposite direction. Its latest partnership with SpaceDev is expected to supercharge its ecosystem, driving innovation and developer engagement.

Buyers have taken notice, pushing BDAG’s presale past $203.5 million as momentum builds toward its $600 million target. With these numbers climbing fast, analysts call BDAG the next big crypto to watch.

Shiba Inu (SHIB) Market Cap Drops—Can It Hold Its Top 20 Spot?

The Shiba Inu (SHIB) market cap is facing increasing pressure as the token struggles to maintain its position among the top cryptocurrencies. Currently valued at $2.79 billion, its ranking is at risk due to a sustained decline in price. Over the past week, SHIB has recorded consecutive losses, raising concerns about investor confidence and overall market sentiment.

While the token remains in the top 20, its market cap contraction suggests a challenging road ahead. Analysts note that for SHIB to stabilise, it would require a shift in buying momentum and broader market recovery. Without renewed interest, Shiba Inu market cap may continue its downward trend.

Near Protocol Bearish Sentiment Signals Drop to $1.90

The Near Protocol (NEAR) bearish sentiment continues to dominate market discussions as the cryptocurrency struggles to regain stability. Over the past week, NEAR has lost 24% of its value, with an additional 9.74% drop in the last 24 hours. Analysts warn that the decline may not be over, forecasting a potential drop to $1.90—a further 26% decrease from its current price of $2.56.

a hand holding a stylus and pointing at a graph on a tablet

Technical indicators, including moving averages and resistance levels, suggest ongoing selling pressure. If the Near Protocol (NEAR) bearish sentiment persists, traders may see further losses unless buying activity increases to counter the downward momentum.

Why BlockDAG’s SpaceDev Deal Could Make It the Next Big Crypto

BlockDAG has been steadily building its global visibility through major partnerships, from Inter Milan to HackerEarth, strengthening its presence across industries. These collaborations have expanded its credibility and reach, setting the stage for even bigger developments. Now, BlockDAG is stepping up its game with its latest partnership—this time with SpaceDev. Unlike its previous collaborations, this one goes beyond brand exposure. It’s a move aimed at strengthening BlockDAG’s technology and expanding its ecosystem.

The new partnership is expected to bring major advancements. SpaceDev’s expertise could help refine BlockDAG’s blockchain infrastructure, improving efficiency and scalability. Beyond the technical side, SpaceDev will play a key role in expanding community engagement through hackathons, developer onboarding, and ambassador programs. With a hand in BlockDAG’s $30 million grants program, SpaceDev is set to support promising blockchain projects, further driving adoption.

a man in space suit standing on a rocky surface

Traders have taken notice. Since the SpaceDev announcement, BlockDAG’s presale has surged past $203.5 million, with over 18.7 billion BDAG sold. The coin’s value has climbed 2380% since its first batch, now sitting at $0.0248 in batch 27.

Momentum is building fast, especially with the presale getting closer to its $600 million target and analysts predicting a 30,000x ROI for early joiners. The combination of strong partnerships and skyrocketing presale performance is why many see BlockDAG as the next big crypto to watch.

Closing Thoughts: What’s Coming Next?

The Shiba Inu (SHIB) market cap remains under pressure, and without renewed buying interest, its position among the top 20 may not hold for long. The Near Protocol (NEAR) bearish sentiment tells the same story, suggesting more downside could be ahead, with analysts eyeing a potential drop to $1.90 if momentum doesn’t shift.

But not all cryptos are struggling—BlockDAG is gaining momentum. Its SpaceDev partnership is setting the stage for rapid ecosystem growth, while buyers are driving its presale past $203.5 million. BDAG’s 2380% price surge and $600 million target are fueling speculation that it could be the next big crypto to thrive in 2025.