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Crypto Market Outlook: Focus on BlockDAG, Challenges for Cardano and Pi Network

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by Giorgi Kostiuk

5 hours ago


The crypto market is witnessing a shift from hype-driven projects to those offering real utility. Despite challenges, BlockDAG is drawing attention for its achievements.

BlockDAG's Success in the Crypto Market

The BlockDAG project is attracting considerable attention with a presale that has raised $321 million from the sale of more than 22.8 billion BDAG coins. With a current price of $0.0020, BlockDAG plans to increase to $0.0030 after June 24.

Cardano's Current Market Challenges

Cardano (ADA) is facing new difficulties, with a recent price drop below the key level of $0.71. On-chain data indicates that ADA holders may consider selling if the price bounces back.

Pi Network's Awaited Updates and Market Effects

The Pi Network community is eagerly awaiting a significant update on June 28, when the core team will discuss the Global Consensus Value (GCV). This event could shifts market sentiments, although the current price is largely speculation-driven.

Despite the challenges faced by Cardano and Pi Network, BlockDAG stands out with its accomplishments and real progress, making it an attractive option in the crypto market.

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