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Crypto Market: BlockDAG with $254.5M Presale, SHIB and SUI

Crypto Market: BlockDAG with $254.5M Presale, SHIB and SUI

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by Giorgi Kostiuk

4 hours ago


In May 2023, the crypto market is showing activity, especially in projects that deliver results rather than mere hype. In this context, BlockDAG's substantial presale and the steady signals from SHIB and SUI stand out.

BlockDAG's Advantages and Its Presale

The BlockDAG project is experiencing significant success, having raised $254.5 million in a short time during its presale, with a Go Live Reveal on June 13 to disclose 20 exchanges set to list BDAG. Currently, partnerships are active with five major exchanges including MEXC and BitMart.

SHIB's Connection with Shibarium

The Shiba Inu (SHIB) token shows stable results, hovering near $0.0000158. Focus has centered on the activity of Shibarium, the layer-two network supporting the SHIB ecosystem. A recent 7% increase in Shibarium’s TVL to $2.9 million also raises interest, as growth potential is tied to capturing a share of Ethereum.

Rising Popularity of SUI

SUI continues to gain traction, breaking the $4 mark with a growth potential toward $5.30. With a TVL of $2.18 billion and DEX volume exceeding $11 billion, SUI ranks high among blockchains, reflecting increasing interest in the project.

The crypto market continues to evolve, and projects like BlockDAG, SHIB, and SUI showcase different approaches and outcomes. Upcoming events, such as the BlockDAG reveal on June 13, may significantly impact future market movements.

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