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Crypto News: BlockDAG launches airdrop, Tron remains stable, Hyperliquid charts bullish path

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by Giorgi Kostiuk

5 hours ago


The crypto market remains in search of clarity, yet several projects are catching attention due to their activity and stability. This time, BlockDAG, Tron, and Hyperliquid stand out.

Stability and Resilience of Tron (TRX)

Tron demonstrates resilience by maintaining a trading range between $0.263 and $0.294 over the past six weeks. During recent market downtrends, TRX only posted a 2.87% decline, which is significantly less than Bitcoin's 3.68%, Ethereum's 9.22%, and Solana's 7.5% drop. The low correlation of TRX with Bitcoin (+0.32) also affirms its market stability. Technical indicators show that TRX is testing critical support at $0.261, which could determine its next movements.

Optimism Around Hyperliquid (HYPE)

The Hyperliquid project is showing renewed activity after falling to $31. The recovery to $35.40 has led to optimistic forecasts. Despite a 21% correction from its high of $45 over the past week, HYPE has added over 1,000% in value over the last year. Price forecasts for HYPE suggest a potential rally to the $40 resistance level, especially if Bitcoin holds above $100,000.

Innovative Airdrop of BlockDAG

BlockDAG has launched a massive airdrop that stands apart from traditional giveaways. It encompasses four task categories: Testnet, Presale, Social, and Referral, allowing users to earn BDAG tokens through real project participation. As a result, the startup has already attracted attention with a record-setting $324 million raised during its presale. At the current price of $0.0030, BlockDAG's airdrop offers unique opportunities for engaged participants.

The current crypto market scenario highlights projects that offer genuine user engagement. The stability of Tron, the optimistic forecasts for Hyperliquid, and BlockDAG's innovative approach create interesting opportunities for market observers and participants.

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