Cryptocurrency markets are waking up again, and interest in various projects continues to grow following the strengthening of some cryptocurrencies.
SHIB Price Analysis and Its Potential
A recent analysis of the Shiba Inu (SHIB) price indicates a potential rise of 1529%. Currently, SHIB is holding at $0.000018, strengthening its position for a possible retest of the $0.000081 high. Increased interest from larger wallets may aid in achieving this target. Furthermore, a 35% rise in daily transaction volume over the past week supports the potential for future gains.
Impact of Grayscale on HBAR Price
Hedera (HBAR) registered a solid price jump of 4.7% after Grayscale added HBAR to its Smart Contract Platform Fund, replacing Polkadot. Now HBAR makes up 5.8% of the fund, increasing its visibility. The price reached $0.16, marking an 11% weekly gain. These changes help restore confidence in Hedera’s evolving smart contract platform.
BlockDAG's Referral System and Sponsorship Plans
BlockDAG is gaining traction with its 25% Referral Program offering rewards for successful referrals. This attracts users who can earn without needing specialized experience. Unofficial rumors about a major sponsorship deal in the U.S. enhance interest in the project. These factors contribute to BlockDAG's rapid growth.
The current analysis of the cryptocurrency market shows promising prospects for SHIB and HBAR, while BlockDAG stands out due to its referral system and anticipated sponsorship deals.
