Altcoins are moving under the surface this week, with two market giants showing signs of buildup. Shiba Inu (SHIB) lit up charts with a 3,273% burn rate spike, hinting at a potential breakout. Meanwhile, XRP’s price is holding above $2 amid tight consolidation, with traders watching closely for a reversal pattern. While speculation drives SHIB and XRP activity, Dragoin $DDGN is making meaningful moves. Its Telegram-based beta game is now live, offering early utility before its token launch. With a presale entry at $0.0000292 and a launch price of $0.002, Dragoin combines clarity, functionality, and upside, positioning itself as the best crypto to buy right now.
Shiba Inu’s Burn Surge Sparks Bullish Speculation
Shiba Inu (SHIB) saw its burn rate explode by 3,273% in a single day, destroying over 28.5 million tokens. Although price movement remained modest at $0.00001218, the sharp spike in network activity suggests that a breakout may be on the horizon.
Supporting this outlook, on-chain data shows a 5.74% rise in active addresses and a 31.11% increase in zero-balance wallets, signs of redistribution and internal restructuring, not abandonment. Technically, SHIB is compressing between $0.00001106 and $0.00001290, coiling for a potential move upward. If bulls push it past resistance at $0.00001290, the next target sits near $0.00001428.
While traders are cautiously optimistic, the breakout is not confirmed. The setup remains speculative unless SHIB can close decisively above resistance with volume to back it up.
XRP Faces Key Support Test in Short-Term Correction
XRP is trading at $2.05, caught in a consolidation zone between $2.03 and $2.10. Price action across multiple timeframes reveals a short-term bearish structure, with lower highs and lower lows on the 1-hour chart. Volume spikes suggest recent red candles may have been part of a shakeout, not a full-blown trend reversal.
In the 4-hour timeframe, XRP remains in correction, but support near $2.03–$2.04 is holding for now. A bounce with strong bullish candlestick patterns could create a swing opportunity targeting $2.10–$2.12. However, if the $2.03 support breaks, traders may reassess.
On the daily chart, XRP has rebounded from $1.611 and now trades within a resistance-heavy zone of $2.10 to $2.20. While there are hints of accumulation, price clarity is still missing. The coming sessions will be crucial in determining if XRP reclaims higher levels or dips further.
Dragoin Delivers Real Utility With Live Game and Transparent Roadmap
While SHIB teases a breakout and XRP struggles for direction, Dragoin is already delivering on key milestones. The project recently launched its Telegram-based beta game, now live and accessible to the public. This early feature puts Dragoin ahead of most presale tokens by offering real-time utility before its token even hits exchanges.
But Dragoin’s value doesn’t stop at novelty. Its smart contracts are fully audited, and the team has laid out a transparent token distribution plan, including 40% allocated to presale, 30% to community incentives via DAO, and 15% each to protocol development and vested team/partner funds.
The project’s roadmap provides rare clarity in an often ambiguous presale space. Q2 2025 focuses on community launch and scaling efforts. In Q3, Dragoin will roll out its MVP, followed by multichain support and exchange listings in Q4. This timeline is public and realistic, unlike many vague projections offered by other altcoins.
At a presale price of $0.0000292 and a launch price of $0.002, Dragoin offers a 6,700% ROI window. More importantly, it’s creating an actual product ecosystem, making it far more than just a speculative token.
The Bottom Line
Shiba Inu is drawing attention with an aggressive burn campaign and tightening price structure, but still needs a confirmed breakout to ignite. XRP holds above $2 but remains locked in consolidation, with short-term support under pressure.
In contrast, Dragoin is actively building. Its Telegram game is already live, giving early access to functionality and user engagement. Backed by a clear roadmap and fully audited contracts, Dragoin combines structure with significant upside. As other tokens ride speculation, Dragoin is delivering, making it the most grounded and promising crypto to buy right now.
Learn More About Dragoin:
Presale: https://purchase.dragoin.io/
Website: https://dragoin.io/
Telegram: https://t.me/DragoinOfficial
Twitter: https://x.com/DragoinOfficial
