The cryptocurrency market is witnessing activity around several projects, including Chainlink, Hyperliquid, and BlockDAG. Market participants are keenly observing the developments.
Chainlink: Testing Resistance at $21.99
Chainlink (LINK) is near a critical resistance point, trading around $15.39. Analysts believe that a breakout past $21.99 could change the coin's direction, though momentum remains shaky and trading volumes mixed.
Hyperliquid: Growth Waves Driven by Large Trades
Hyperliquid (HYPE) surged over 11% in a single day, reaching $39.93. The rise was driven by significant trades, including a $25 million BTC move by trader James Wynn. Notable whale buys were also detected around $35.
BlockDAG: Successful $272M Fundraising through Referral Program
BlockDAG has implemented a referral program that has led to rapid project growth, raising over $272 million in a short time. Each participant who invites a friend receives 25% of their purchase value in BDAG, resulting in more than 170,000 holders already registered.
Currently, Chainlink is under pressure near resistance, while Hyperliquid shows notable growth due to substantial trades. BlockDAG, meanwhile, garners significant interest with its referral system and substantial funding.
