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Analysis of BlockDAG, Hyperliquid, and Ethereum on the Crypto Market

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by Giorgi Kostiuk

7 hours ago


The crypto market is witnessing active development of new projects and support for popular assets. BlockDAG, Hyperliquid, and Ethereum are at the forefront, each presenting unique opportunities and challenges.

BlockDAG's Airdrop Plan and Its Impact

BlockDAG is changing the perception of presales in the crypto world by providing early users with full access to its blockchain technology before public trading starts. As part of the upcoming strategy, 40% of BDAG coins will be airdropped two weeks before the launch, enabling holders to participate in staking and interact with decentralized applications to earn rewards before active trading begins.

Price Dynamics of Hyperliquid

Despite a recent correction, Hyperliquid continues to show strong performance. The asset peaked near $44 before dipping to about $37. Nonetheless, the structure on the three-day chart remains bullish, with analysts closely monitoring the $38-39 support zone, anticipating a possible climb to the $48-52 range. The strong support at the $37-38 level indicates that buyers may continue to absorb selling pressure, creating conditions for further upward movement.

Status of Ethereum and Its Forecasts

Ethereum is holding steady around $3,350, a critical level for its pricing model. Recently, over $393 million worth of ETH left exchanges, indicating that large holders may be securing long-term positions. This lowers available supply and typically signals confidence in future price gains. If the support level holds, it could act as a base for future surges, and analysts remain optimistic while monitoring ETH's development.

The crypto market continues to evolve, combining different approaches to upcoming sales and price maintenance. BlockDAG offers new opportunities, while Hyperliquid and Ethereum demonstrate significant dynamics amidst growing interest.

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