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Best Cryptocurrencies for Long-Term Investments: BlockDAG, HBAR, SHIB, and DOGE

Best Cryptocurrencies for Long-Term Investments: BlockDAG, HBAR, SHIB, and DOGE

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by Giorgi Kostiuk

9 hours ago


The cryptocurrency market offers numerous opportunities for long-term investments. Let's look at several projects that stand out for their strengths and current trends.

BlockDAG: Record Presale and Exchange Ambitions

BlockDAG is attracting attention with its presale, having raised over $374.5 million out of a target of $600 million. More than 25.2 billion tokens have been sold in 29 batches, currently priced at $0.0276. Early buyers from the first batch have realized gains of approximately 2,660%.

A listing price of $0.05 is anticipated, potentially leading to an 80% increase, and if successful on major exchanges, could rise towards $1. BlockDAG leverages a Directed Acyclic Graph structure and EVM compatibility, ensuring speed and security for smart contracts.

HBAR: Bullish Signals and Increasing Activity

HBAR, Hedera's native asset, is trading around $0.2665, showing a slight rise. In late July, it reached $0.27, reflecting a 17% uptick from its weekly low and an impressive 110% jump from April's low.

Technical indicators, including a double bottom and golden cross, suggest possible extended gains. On-chain activity is also on the rise, especially in stablecoin and DeFi interactions.

SHIB and DOGE: Community Support

Shiba Inu is trading close to $0.00001395, up about 3% in 24 hours. A recent burn of 85 million SHIB resulted in a 9% short-term increase. Long-term holding patterns remain crucial, but the $0.00001435 resistance must be overcome for bullish momentum to continue.

Dogecoin is priced near $0.2457, up around 15% in two days. Its golden cross, where the 50-day moving average rises above the 200-day, often signifies extended upward potential. Additionally, DOGE is forming a breakout pattern, with $0.244 as the key resistance level.

The cryptocurrency market features projects that hold potential for long-term growth. BlockDAG’s record presale and ambitious listing plans, HBAR’s bullish technical patterns, SHIB’s community engagement, and DOGE’s strong technical setups make them noteworthy for investors.

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