BlockDAG Attracts 1.5M Miners as Shiba Inu Whales Retreat & Pi Network Crashes 40%

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2025-06-12 14:00:12

Crypto''s latest gold rush sees miners flocking to BlockDAG—while Shiba Inu''s big players cash out and Pi Network holders face a brutal reckoning.

The Miner Migration: BlockDAG''s protocol upgrade triggers a 1.5M miner stampede, leaving competitors scrambling. Meanwhile, SHIB''s whale wallets shrink faster than a meme coin''s utility.

Pi''s Pain: The ''mobile mining'' darling bleeds 40% in weeks—turns out pretending your token has value works better when people keep pretending along with you.

As usual in crypto, the real profits go to those who sell the shovels (or in this case, mining rigs). The rest? Left holding speculative bags and hopium.

BlockDAG X1 Miner App – 1.5 Million Miners Before Launch

BlockDAG isn’t just another presale coin with a pitch deck. It already has 1.5 million active users mining BDAG every single day through the X1 Miner app. That’s a number most top coins didn’t hit even after years on the market. What makes this even more impressive is that BlockDAG hasn’t gone live yet. That’s why many are calling it the next altcoin to explode, not because of promises, but because of traction.

The X1 Miner lets anyone earn BDAG coins directly from their phone, building a strong base of daily users. It’s free, accessible, and already creating a community that feels more like a network than a waiting list. This kind of adoption before launch is rare. Most cryptos spend years trying to grow a loyal user base. BlockDAG is doing it first and launching later. It’s flipping the order, and it’s working.

The presale numbers back that up. Over $298 million has been raised and 22.3 billion BDAG coins have been sold. BlockDAG is currently in Batch 29, with the coin priced at just $0.0018, but that price only lasts until June 13. After that, the cost jumps to $0.0276, with a listing target of $0.05. That means early buyers are staring at a possible 2,670% return at listing.

BlockDAG isn’t betting on speculation, it’s growing through real user engagement. With 1.5 million people already in the system, it’s hard to argue against the idea that this could be the next altcoin to explode.

Shiba Inu (SHIB) Whale Action Drops 84%, Is a Breakdown Next?

Shiba Inu (SHIB) whale action just saw a sharp 84% drop, with large transactions falling from 24.3 trillion SHIB on June 5 to just 3.83 trillion by June 9. This kind of fall has been a warning sign before, similar drops earlier this year led to major price corrections. Whales have also shown negative netflows lately, with around 262 billion SHIB flowing out of large wallets. That kind of activity points to reduced confidence from big holders, and it often leaves the door open for more downside.

Despite this, SHIB is still holding support around $0.0000119. But analysts warn that if this level breaks, another zero could be added to the price. Most traders are shorting the coin right now, expecting a dip. Historically, when Shiba Inu (SHIB) whale action slows down like this, price movement follows. For now, SHIB could stay range-bound between $0.000010 and $0.000017 unless a major catalyst flips sentiment.

Pi Network Price Holds Steady After 2M Token Move

Pi network price is hovering around $0.641 after a slight 1% daily gain, but it’s still down nearly 40% from its recent monthly highs. Analysts are watching closely after a 2 million Pi token transfer was spotted, likely an OTC buy from a liquidity wallet to a new address. Some see this as a bullish signal pointing to institutional interest. However, short-term sentiment remains weak, and a return to the $1.20 level is seen as critical for momentum.

Community feedback is mixed. While some holders are hopeful about the June 28 “Pi Day 2” event potentially triggering bigger announcements or exchange listings, others are frustrated by delays in token delivery, especially for KYC-verified users. Criticism has also surfaced over the project’s lack of visible progress and mining slowdown. For now, PI network price remains stuck in a wait-and-see zone, with both upside and downside depending on what the team delivers later this month. Until then, it’s holding ground but far from breakout territory.

Summing Up

Shiba Inu (SHIB) whale action is dropping fast, raising red flags about short-term stability. At the same time, Pi network price is holding steady but still far from its previous highs, with hopes now tied to updates on June 28. Both are in holding patterns, waiting for a catalyst.

BlockDAG, on the other hand, is moving with real numbers. With 1.5 million people already mining, it’s hitting milestones that most coins don’t reach even after launch. This kind of user base before a mainnet is rare, and it’s why many believe BDAG could be the next altcoin to explode. The $0.0018 presale price disappears after June 13, jumping to $0.0276, with a long-term target of $0.05. For early buyers, that’s a potential 2,670% ROI. While others wait for momentum, BlockDAG is building it, one miner at a time.

Presale: https://purchase.blockdag.network