The crypto market continues to display volatility: Pi Coin is losing ground amid significant events, SUI shows signs of rebound, and BlockDAG launches its beta testnet.
Pi Coin Faces Sharp Drop
Pi Coin has fallen by 30% this week, slipping out of the top 30 crypto rankings. Its current price is $0.77, falling from a recent peak, resulting in billions wiped off its market cap. Analysts caution that if pressure continues, Pi could slide further to $0.60—its previous major support level.
SUI Attempts Recovery After Reclaiming $2.40 Level
SUI has shown renewed strength, jumping 10% in value this week and moving above the important $2.40 support level. After reaching a low of $1.96 over the past four months, SUI is rebounding with signs of institutional interest.
BlockDAG Beta Testnet Launch and $60K Rewards Signal Major Progress
BlockDAG (BDAG) has achieved a critical step forward with the release of its Beta Testnet, introduced during Keynote 3. This milestone is a major advancement toward its 2025 mainnet deployment.
The situation in the crypto market remains tense: Pi Coin is under pressure, SUI attempts to regain lost positions, while BlockDAG actively develops its projects and implements innovations.