SHIB’s Relative Strength Index Approaches 68 as HBAR Gains 12%; BlockDAG’s Hackathon Emerges as a Catalyst for Innovative Crypto Developments
As of April 18, 2025, the cryptocurrency market shows notable activity with SHIB’s RSI nearing overbought territory at 68, signaling potential volatility ahead. Meanwhile, HBAR has surged by 12%, reflecting renewed investor interest in its ecosystem. The spotlight, however, is on BlockDAG’s ongoing hackathon, which is fostering groundbreaking advancements in decentralized technology. Developers are competing to create the next generation of crypto features, positioning BlockDAG as a potential leader in innovation. This event could set new industry standards, making it a key development to watch in the evolving blockchain landscape.
Shiba Inu (SHIB) Price Surge: 70% Rally on the Horizon?
Shiba Inu (SHIB) is capturing attention with a remarkable 300% increase in its burn rate, effectively reducing its circulating supply. Consequently, this development, driven by community-led initiatives, is fueling Optimism among investors. Moreover, technical analysis reveals that SHIB has recently surpassed a key resistance level at $0.0000125, signaling potential for further gains. In particular, indicators such as the Relative Strength Index (RSI) approaching 68 suggest bullish momentum, albeit with caution for possible short-term corrections.
Looking ahead, analysts are eyeing the $0.0000158 resistance level; a breakthrough here could propel SHIB towards the $0.000020 mark, aligning with its 200-day moving average. Meanwhile, increased activity from major holders, or “whales,” indicates strategic accumulation, which could amplify price movements. However, it’s important to note that overall market sentiment remains cautious, and SHIB’s price is susceptible to broader cryptocurrency market trends. Ultimately, while the current indicators are promising, investors should remain vigilant and consider the inherent risks associated with such volatile assets.
Hedera (HBAR) Price Jump
Hedera (HBAR) experienced a notable 12% surge, aligning with a broader market uplift following President Trump’s announcement of a 90-day tariff suspension. As a result, this development propelled Bitcoin to $83,400 and saw the Dow Jones climb nearly 3,000 points. Nevertheless, despite this uptick, HBAR remains down approximately 37% for the year, currently trading at $0.16, a significant drop from its January peak of $0.37.
According to projections, analysts from CoinCodex estimate a modest increase for HBAR, estimating a potential rise to $0.172 by mid-April, translating to a 1.94% return on investment. Still, such gains are minimal and could be easily negated by market volatility. To make matters worse, a false rumor about a partnership between Hedera and Nvidia circulated recently, undermining investor confidence and highlighting the cryptocurrency’s vulnerability to misinformation.
BlockDAG Hackathon Turns Ideas Into Ecosystem Features With BDAG Rewards
The BlockDAG Hackathon isn’t just a tech competition—it’s a gateway for developers to directly shape a growing crypto ecosystem. Unlike many events, participants aren’t building for hypothetical scenarios; winning ideas are slated for immediate integration into the BlockDAG infrastructure. Whether it’s a smart contract tool, dApp utility, or node enhancement, the most impactful contributions transition straight from code to CORE functionality. To add further incentive, top entries receive rewards in BDAG tokens, tying real utility to real value.
At the same time, this initiative reflects BlockDAG’s hands-on approach to community-driven development—an approach that’s clearly resonating with investors. Notably, the presale has already raised $214.5 million, with over 19.2 billion coins sold. Currently, in batch 27, the BDAG price sits at $0.0248, marking a staggering 2,380% ROI since batch 1. Together, this blend of community input, transparent growth, and practical use cases positions BlockDAG as one of the best long term crypto projects to watch.
As things progress, all eyes are on the ideas being submitted—not just for their technical flair, but for how they’ll serve users in real time. After all, it’s rare to see a project turn creativity into code and code into currency with this level of immediacy. For that reason, builders and backers alike view BlockDAG not just as a token, but as a means to influence a live, expanding system.
Utility in Action
Short-term rallies like SHIB’s burn-fueled optimism or HBAR’s macro-driven boost may catch attention, but they often fade without grounded developments. While both tokens ride speculative interest, BlockDAG is building from the inside out—linking community ideas to direct implementation through its Hackathon. The project’s ability to translate participation into tangible growth, backed by over $214.5 million raised and a 2,380% ROI since batch 1, reflects a structure focused on functionality over flash.
For those looking beyond temporary surges, BlockDAG presents a case of real-time integration, making it worth watching as one of the best long term crypto projects.
