The crypto industry is witnessing evolving events. BlockDAG demonstrates success in attracting investments, while Shiba Inu and Ethena encounter different market changes.
Shiba Inu (SHIB) Struggles
Shiba Inu (SHIB) continues to face pressure after its latest dip. The current price lingers around $0.000021, having dropped from a recent high of $0.000025. Overall momentum shows weakness, with the RSI at neutral levels indicating a lack of bullish signals. Without significant catalysts, SHIB risks sliding toward the $0.000019 support level. Burn rates have decreased, indicating lowered participant activity.
Ethena (ENA) Builds Momentum
Ethena (ENA) recently rebounded from support near $0.54 and is now testing $0.59. A confirmed move above $0.60 may indicate bullish continuation. Technical indicators show a slight positive trend without suggesting overbought conditions. Trading volume has picked up, indicating renewed interest.
BlockDAG's Successes in Presale and Miner Launch
BlockDAG is showing significant success with $312 million raised during its presale. Shipments for miners X30 and X100 are set to begin on July 7, followed by X10 models on August 15. The presale remains active, with a current price of $0.0018 until June 20, paving the way for advanced features and opportunities within its ecosystem.
Amid the current challenges for Shiba Inu and positive signals for Ethena, BlockDAG continues to gain interest through a successful presale and upcoming equipment deliveries. The crypto industry anticipates further developments in the coming weeks.
