Recent events in the cryptocurrency market showcase the activity of BlockDAG, Shiba Inu, and Uniswap. Each is taking steps to solidify its position and attract investment.
BlockDAG Testnet Launch
BlockDAG has launched a testnet that is already utilizing active smart contracts and user-facing tools. The project is not waiting for the mainnet launch, but is demonstrating its technology's functionality right now. During testing, over $5 million in new inflows have been recorded. Since the beginning of its presale, BlockDAG has raised over $211.5 million by selling more than 19.1 billion BDAG tokens.
Shiba Inu (SHIB) Outlook
Technical indicators for Shiba Inu reveal significant support levels. In the $0.00001210 zone, there is potential for further growth if the price surpasses crucial moving averages. Currently, SHIB has yet to confirm a breakout, but traders are closely monitoring the situation.
Uniswap's Investment in Decentralized Governance
Uniswap is directing $113.4 million to enhance the activity of its delegates. The program, initiated in 2023, includes quarterly reviews to maintain engagement. This effort is part of the strategy to ensure the effective functioning of the decentralized autonomous organization (DAO) of the project.
Market events confirm the vibrancy of cryptocurrency projects. BlockDAG is already demonstrating the usability of its technology, while Shiba Inu and Uniswap continue to expand their presence and solidify their positions amid market dynamics.
