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Crypto Overview: Stellar, Shiba Inu, and BlockDAG's Success

Crypto Overview: Stellar, Shiba Inu, and BlockDAG's Success

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by Giorgi Kostiuk

a day ago


This week, the crypto arena is actively discussing Stellar and Shiba Inu while BlockDAG demonstrates its achievements.

Stellar: Eyeing the $0.60 Resistance Level

Stellar (XLM) is at a crucial level, oscillating between $0.41 and $0.42, indicating its ability to recover from $0.30 to $0.35. Traders are looking at the $0.60 level as a key target for potential growth. If Stellar can break through this barrier, expectations will rise to the range of $0.70–$0.75. Over the past week, XLM has shown a gain of 5.27% and currently has a market capitalization of $12.9 billion.

Shiba Inu's 540% Growth Potential

Shiba Inu (SHIB) has presented an interesting pattern, which traders see as a hint of a possible bullish movement up to 540%. After several weeks of trading between $0.000010 and $0.000012, the chart showed an inverse head and shoulders, indicating accumulation. If SHIB manages to surpass the $0.000014–$0.0000155 level, a rapid correction with a rise up to $0.000017–$0.000018 could follow.

BlockDAG's Achievements: Dashboard V4 and Sports Partnerships

BlockDAG reported a successful presale, raising $387 million. With the launch of Dashboard V4, providing traders with unique transparency and real-time access, the project has attracted attention and buyers. Furthermore, partnerships with sports clubs innovate blockchain integration into the sports industry through NFTs and fan tokens.

Amid the developments of Stellar and Shiba Inu, BlockDAG shows significant achievements, providing the community with realistic numbers and a transformation of the blockchain experience.

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