The cryptocurrency market continues to see active movements, with recent price forecasts for Bittensor (TAO) and SUI emphasizing growing interest in these altcoins, while BlockDAG builds its ecosystem.
Bittensor Price Forecast
Bittensor (TAO) is showing strong momentum, rebounding around 50% from June lows, bringing its price above $430. A Golden Cross, where the 50-day EMA crosses above the 100-day, indicates growing bullish strength. The MACD remains in buy territory, and the RSI sits at 64, suggesting continued upward pressure, although there could be risks of overextension.
SUI Price Analysis
SUI’s price analysis reveals increasing interest as it trades near $4, up 1.7% weekly. A 24-hour trading volume surge to $1.6 billion reflects growing demand for altcoins. Technical signals remain bullish amid improving market conditions and liquidity. Analysts comparing SUI’s movements to early Solana growth suggest that if momentum stays strong, it could reach targets from $20 to $50.
BlockDAG Development
BlockDAG is moving rapidly, with over 4,500 builders creating more than 300 projects, including AI platforms, DeFi tools, and utility systems for real-world applications. So far, it has raised $351 million and plans to support over 1,000 apps by 2026. The launch price currently stands at $0.0016 until August 11.
The forecasts for TAO and SUI suggest further gains, targeting TAO at $500 and SUI gaining steam near $50. Meanwhile, BlockDAG actively develops its ecosystem, representing a hopeful sign for the future of the cryptocurrency market.