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"MNT's Breakout Potential and SHIB's Burn Conundrum as Crypto Grapples with Fed Policy Uncertainty"
AInvest
AInvest
2025-10-29 10:18
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Author:AInvest

Mantle (MNT) has shown signs of a potential breakout after rebounding from the $1.50 support level for the third time this month, according to an

. Derivatives data from CoinGlass indicates a 5.85% rise in futures open interest (OI) to $185.80 million, signaling growing bullish sentiment. The OI-weighted funding rate turned positive at 0.0092%, suggesting traders are willing to pay premiums for long positions. Meanwhile, Mantle's decentralized exchange (DEX) volume hit $732.48 million in October, reflecting steady on-chain activity despite broader market volatility. However, the token faces resistance at a descending triangle pattern, with a critical test of its upward potential pending.

Shiba Inu (SHIB) remains in a mixed technical environment as a 2,713% spike in burn rate failed to lift its price, according to a

. Despite destroying 4.7 million tokens this week, SHIB's price stagnation highlights the challenge of converting supply reduction into tangible value. On-chain activity shows 289 billion tokens were withdrawn from exchanges on October 23, signaling accumulation by long-term holders. Short-term forecasts suggest SHIB could trade between $0.000010 and $0.000012, with a potential rebound to $0.0000118 if buying interest strengthens. Investors are increasingly hedging SHIB exposure with utility-driven tokens like Remittix (RTX), which offers fiat integration and real-world use cases.

BlockDAG (BDAG) continues to dominate presale momentum with over $432 million raised, driven by its transparent TGE code system and partnerships, per a

. The project's hybrid PoW-DAG architecture, audited by CertiK and Halborn, supports throughput of 2,000–15,000 transactions per second, positioning it as a scalable solution for institutional adoption. A multiyear partnership with the BWT Alpine Formula 1® Team has amplified global visibility, while the Awakening Testnet's EVM alignment and IDE tools attract developers. With 20 confirmed exchange listings and a planned $0.05 listing price, BlockDAG's presale participants can verify allocations and prioritize trading access via TGE codes.

The broader crypto market remains influenced by macroeconomic factors. The Federal Reserve's 98.9% probability of a 25-basis-point rate cut in October has fueled risk-on sentiment, with global equity inflows and crypto gains rising, according to

. However, J.P. Morgan strategists caution that the Fed may pause rate cuts in 2025 to assess the impact of Trump-era policies, a point highlighted in a , creating uncertainty for asset valuations. This divergence in policy expectations underscores the importance of projects with clear execution, such as BlockDAG's testnet progress and Mantle's derivatives-driven momentum, in navigating volatile conditions.

BlockDAG's F1® Deal & TGE Code Power $432M+ Presale Momentum as

UNI
Holds at $6 &
SEI
Targets $0.20

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Mantle Price Forecast: MNT flashes breakout potential as bullish positions surge

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