The post Web3’s Gold Rush Begins—BlockDAG & HackerEarth Set 200+ dApps in Motion; TRX & Shiba Inu’s Future Outlook Warrants Caution appeared on BitcoinEthereumNews.com.

Crypto traders are weighing their options as meme coins, established tokens, and new blockchain projects compete for attention.  The Shiba Inu (SHIB) future outlook remains uncertain as SHIB struggles to regain strength after failing to break a key resistance level. Meanwhile, the TRON (TRX) breakout potential has traders watching closely as the token approaches the $0.25 mark, with a move to $0.30 still in play.  For those asking what is the next big crypto in web3, BlockDAG (BDAG) is throwing its hat in the ring. Having raised over $197.3 million and secured a visionary partnership with HackerEarth, BlockDAG is set to fuel the creation of over 200 new dApps by leveraging a network of 10,000 developers.  Shiba Inu Future Outlook: Can SHIB Rebound? Shiba Inu’s (SHIB) future outlook has drawn speculation after the coin struggled to surpass its 26-day exponential moving average. Many recall how failing to break this level previously hinted at reduced confidence in SHIB’s recovery.  Observers now believe Shiba Inu’s future outlook remains tied to whether it can push above the 26 EMA or risk dipping toward $0.00001500. Some note that short-term indicators show mixed signals, leaving SHIB’s future outlook in limbo. Even so, a successful move beyond the 26 EMA could position the token to challenge the 50 EMA resistance.  Assessing Tron’s Breakout Potential: Will TRX Hit $0.30? The Tron (TRX) breakout potential has piqued interest among traders watching TRX near $0.2470. Analysts point to a possible move above $0.25, which may lift the token to $0.30 if buyers stay active. Tron’s breakout potential also hinges on the asset’s ability to maintain support around $0.22, a level seen as key for overall market strength.  Stablecoin volumes on the Tron network have also increased, reinforcing the possibility of better liquidity. Some wonder if a firm break over…

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Filed under: News - @ February 23, 2025 7:24 pm