The crypto market is seeing exciting developments, including price increases for Hyperliquid, stagnation for PI Coin, and new achievements in the BlockDAG project.
Hyperliquid's Price Surge
Hyperliquid (HYPE) is showing significant price growth, nearing its all-time high. After dropping to $32.62 in June, HYPE has climbed above $40 and is currently trading around $40.56, which is a 15% increase over the past week. December 2024 will be remembered for high trading volume, reaching $11.44 billion, indicating increased trader interest. Technical indicators show positive trends, but moments of volatility may arise.
PI Coin: Current Challenges
The situation with PI Coin looks less optimistic. Currently, the price is $0.532, down 0.17% from previous values. Attempts to break through the $0.55 level have ended in failure. On a technical level, PI Coin is below all key moving averages, with the 200 EMA serving as strong resistance at $0.607. In the current conditions, uncertainty and declining trust among market participants are observed.
BlockDAG Strengthens Its Position
The BlockDAG project is becoming increasingly prominent in the market, launching its GLOBAL LAUNCH at an introductory price of just $0.0016 and negotiating partnerships with two professional sports teams — the Seattle Seawolves and Seattle Orcas. These partnerships involve creating co-branded content and utilizing Web3 technologies to engage fans. The project has already raised $331 million and is moving confidently toward long-term achievements.
The current state of the crypto market highlights differences between projects. Hyperliquid shows growth, PI Coin remains stagnant, while BlockDAG confidently moves forward with real achievements and strategies.
