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Crypto Overview: SHIBA, Mantra, and BlockDAG Prospects

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by Giorgi Kostiuk

7 hours ago


The crypto market is experiencing instability, particularly for Shiba Inu (SHIBA) and Mantra (OM), while BlockDAG is demonstrating a new strategy.

SHIBA Inu Price Predictions: Support Weakens

Recent price movements for Shiba Inu (SHIBA) display mixed dynamics. Prediction models warn investors of risks as the token has failed to confidently breach the resistance level at $0.000014. The security of the price levels is threatened, with a potential drop of 50% if key supports break. Analysts note a decline in transaction activity and a lack of liquidity.

Mantra Price Analysis: Testing After 90% Drop

The price analysis of Mantra (OM) reveals a challenging situation after a sharp 90% crash. Reasons for the decline include liquidity issues and unmet project expectations. Investors are questioning the ability of OM to recover, given the absence of clear strategic pivots and new adoption drivers.

BlockDAG Initiatives: Market Pressure

BlockDAG adopts a proactive approach by rolling its coin price back to $0.0025 for presale batch 27, creating opportunities for investors. Additionally, the introduction of the "Buyer Battles" mechanism has stimulated demand for daily volumes and community engagement. As a result, BlockDAG has already raised $219.5 million, demonstrating impressive metrics even at the presale stage.

During the instability of the crypto market, BlockDAG stands out with its structured strategy and initiatives, which may influence its future position compared to competitors.

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