The crypto market is experiencing stagnation in some popular tokens while new projects like Web3 ai attract investor attention.
State of Bittensor (TAO)
Bittensor (TAO) continues to fluctuate between $350 and $434, where the lower level serves as key support. Despite several attempts, the price remains above $350, preventing sharp declines. A close below this level could lead to a drop to $216. Currently, TAO shows no clear bullish or bearish sentiment, and traders are closely watching future movements.
Pressure on Shiba Inu (SHIB)
Shiba Inu (SHIB) is currently trading above $0.00001100, but is facing resistance around $0.00001234. The current price at $0.00001172 reflects uncertainty. Support is still holding, but a rise in volume is needed for a potential breakout. At this moment, SHIB is in a wait-and-see mode, and any hopes for a bullish market remain questionable.
Success of Web3 ai and Token Demand
Web3 ai is attracting attention by offering a simple interface for trading and staking. Currently, the presale of $WAI tokens has raised over $8.6 million, with 22.7 billion tokens sold. This success reflects growing user confidence in the platform. With each new phase of the presale, token prices increase, indicating rising interest in $WAI.
Amidst the stability of SHIB and TAO, Web3 ai stands out with its growth and innovative approach to trading in the crypto market.
