The cryptocurrency market continues to capture investor attention, but recent events surrounding SHIB and XRP raise questions about their futures. Meanwhile, the BlockDAG project has completed significant audits that could influence its development.
SHIB Outlook and Bitcoin's Influence
The community still clings to the hope that Shiba Inu (SHIB) can reach $0.01, yet its current value stands at $0.00001327, necessitating a whopping 75,000% increase. At the same time, SHIB exhibits a strong correlation with Bitcoin, showing a 92% correlation, which may drive it upwards alongside BTC.
XRP News: ETF Delay and Legal Status
This week’s focus on XRP centers on a 45-day extension on the SEC’s review of its spot ETF. While Ripple and the SEC have mutually decided to pause their legal appeal, hopes of a potential settlement have rekindled. Nevertheless, XRP has seen a decrease of 1.32%, down to $2.1594 amidst global market pressures.
BlockDAG Success: Audit Results and Price Growth
BlockDAG has completed audits by both CertiK and Halborn, confirming its reliability. With the project approaching its public exchange launch, it has seen a price increase of 2,520% during its presale stages. The project has garnered more than 170,000 users, indicating a significant interest from investors.
The cryptocurrency market remains under pressure, burdened with uncertainty and price fluctuations, particularly regarding SHIB and XRP. However, the achievements of projects like BlockDAG, which offer transparent audit results, may represent reliable investment opportunities.
