Today, three significant movements are observed in the crypto market, including the launch of BlockDAG, which aims for ambitious goals amid the growth of other cryptocurrencies like Avalanche and Shiba Inu.
Overview of the Crypto Market Situation
BlockDAG has raised $370 million during its presale and is launching today at a special price of $0.0016. This event contrasts with the growth of Avalanche and Shiba Inu, creating an interesting dynamic in market approaches. BDAG offers specific timeframes for entry at a significantly lower price than market value.
Avalanche Cryptocurrency and Its Predictions
Market activity in AVAX is supported by a 90% rise in total value locked, which has reached $1.9 billion since March. Predictions suggest that upon surpassing the $36–$43 range, AVAX could reach a target of $80. Support levels at $17.20 remain stable.
Shiba Inu's Market Prospects
Shiba Inu has dropped 9% this week, reaching $0.000012. Nevertheless, it remains 7% higher for the month. Support at 0.00001200 appears firm, with signs of potential growth. SHIB is moving in an ascending triangle, creating possible breakout points.
With its launch and effective approach to coin sales, BlockDAG demonstrates a unique opportunity in the cryptocurrency space. Meanwhile, AVAX and Shiba Inu continue to show steady growth, creating an intriguing dynamic in the market.
