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Markets

BlockDAG Records a $2M Presale Jump in Just 24 Hours While Dogecoin & Shiba Inu Struggle to Attract New Buyers

Meme coins depend heavily on fresh money following a strong wave of attention. Dogecoin and Shiba Inu built their reputations through that momentum, attracting millions of first-time buyers d

AnonymousCryptoCompass newsroom
August 17, 2026
4 min read
NEWS
BlockDAG Records a $2M Presale Jump in Just 24 Hours While Dogecoin & Shiba Inu Struggle to Attract New Buyers
CryptoCompass editorial visual for markets coverage.

Meme coins depend heavily on fresh money following a strong wave of attention. Dogecoin and Shiba Inu built their reputations through that momentum, attracting millions of first-time buyers during their strongest periods. However, that inflow has slowed for both. Their communities remain active, and trading continues, yet the new capital that once drove their growth has become quieter, leaving prices without the same buying force.

That slowdown makes a sudden capital event elsewhere more notable. The BlockDAG (BDAG) presale has just raised $2 million in 24 hours, showing fresh capital arriving now rather than reflecting an older period of stronger activity. Compared with two meme coins struggling to attract similar interest, the difference points to where attention may be moving today.

Dogecoin Struggles to Attract New Buyers

As the best-known meme coin, Dogecoin has a huge community, celebrity support, and a digital-commodity classification from U.S. regulators, giving it unusual recognition among meme coins. It is often the first coin many newcomers purchase, while that brand strength keeps it high in the market by trading volume.

Still, recognition does not guarantee new demand. DOGE has fallen to a yearly low near $0.077, well below its peak, with weakening technical signals as tighter liquidity and fading interest weigh on it. Analysts have also described the wider meme-coin sector as losing momentum. Without another wave of buyers, Dogecoin is relying mainly on its existing community rather than expanding it, leaving its forward movement limited.

Shiba Inu Faces Fading Demand

SHIB has followed a similar path. Created as a self-described “Dogecoin killer,” Shiba Inu gained a huge following and developed its own ecosystem, including the ShibaSwap decentralized exchange and supporting coins. During its strongest period, it produced some of crypto’s most discussed gains and attracted waves of first-time buyers chasing that momentum.

That buying wave has weakened. SHIB now trades around 95% below its all-time high, and although short regional bursts of trading activity still appear, the larger trend shows fading interest instead of steady new demand. Its ecosystem additions have not brought buyers back at earlier levels. Like Dogecoin, Shiba Inu retains its community, but growth has slowed, and that lack of expansion is reflected in its stagnant price.

BlockDAG (BDAG): Fresh Capital Arrives at Stage 1

Instead of waiting for new buyers, BlockDAG (BDAG) has shown fresh capital entering its presale. The project raised $2 million within 24 hours, offering a current snapshot of money moving in rather than an old figure from a stronger market period. The funds are entering at the Stage 1 price of $0.00002 per coin, the earliest and lowest point in a 25-stage schedule that rises to $0.05 at its final stage, with $0.10 set as the reference price after the presale.

At today’s price, $1,000 buys 50 million BDAG. If the coin reaches its $0.10 reference price, that amount would be worth $5,000,000, equal to 5000x times the starting amount based solely on the project’s published figures.

Unlike a meme coin waiting for another viral moment, this capital has products to support it. A functioning blockchain is processing transactions, while a live casino is generating ongoing activity from users. Mining hardware is also shipping to buyers worldwide, putting physical equipment in users’ hands instead of offering only a future plan. 

BlockDAGX is under development, along with an app bringing wallets, mining, payments, and rewards together. A $100 million liquidity commitment from presale funds and the company adds further support for the project.

Final Thoughts

Dogecoin and Shiba Inu grew through waves of new buyers, but both now sit far below their peaks without clear signs of another major buying wave. BlockDAG (BDAG) shows a different picture, with $2 million raised in 24 hours, a $0.00002 Stage 1 price, a 25-stage path toward a $0.10 reference price, and a stated 50x potential from the early level, supported by products already operating. For those tracking where fresh capital is moving, the contrast with meme coins waiting for another viral surge is difficult to ignore.

Presale: https://purchase.blockdag.network 

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu