The crypto market is witnessing significant fluctuations, particularly around Pi Network and Shiba Inu, while BlockDAG shows impressive growth.
Pi Network's Decline
Pi Network has faced a sharp 44% decline in its value over the past ten days after failing to secure a listing on Binance. This event has triggered mass sell-offs and weakened confidence in the project. The current value of the PI token has dropped 78% since February, now hovering around $0.67. The trading volume has also plummeted by 89%.
Renewed Interest in Shiba Inu
Shiba Inu (SHIB) is once again attracting attention following a suggestion for a potential ETF on SHIB tokens. Although no official filings have been made, interest is on the rise. Current prices are fluctuating between $0.000012 and $0.000020. If SHIB surpasses $0.000016, a 47% price increase could follow. However, network activity has dropped fivefold since last year.
BlockDAG's Achievements
While others are in a state of uncertainty, BlockDAG has successfully raised $212 million in its presale and has already launched its Beta Testnet, processing over 1.2 million transactions. Its architecture based on DAG and Proof-of-Work allows the project to demonstrate strong community support and scalability intent. Future developments plan to support over 1,000 decentralized applications by 2026.
Against the backdrop of fluctuations in other crypto projects, BlockDAG continues its steady development, which could influence its future prospects in 2025.
