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Crypto Update: ONDO Holds the Line, SHIB Shows Long-Term Confidence, BlockDAG Gains Popularity

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by Giorgi Kostiuk

11 hours ago


The crypto market has been undergoing fluctuations, and several key projects are attracting investor attention. This overview examines the main trends and conditions of the cryptocurrencies ONDO, SHIB, and BlockDAG.

Long-Term Prospects for Shiba Inu (SHIB)

Despite recent fluctuations, Shiba Inu (SHIB) demonstrates long-term prospects. Most investors continue to hold their tokens, even with a 10% decrease in price over the last 24 hours. The average holding period for SHIB tokens is nearly 3 years. As a result, only 17% of holders, around 607,910 wallets, are currently in profit, while 80% are still waiting for recovery, holding over 786 trillion SHIB. This tendency to hold signals an ongoing belief in SHIB's future performance.

Current Situation with ONDO

The ONDO price has shown a clear rally above $0.90, reaching $1.16 before dropping more than 10% in just one day. This sharp decline occurred in a crowded zone of liquidity, likely leading to losses among traders. Despite this, ONDO confirms its strength by remaining above a key rising trendline. If the price stays above $0.90, the upward trend will continue.

Solid Success of BlockDAG Ahead of Global Launch

BlockDAG has attracted considerable attention, raising over $353 million in presale ahead of its global launch. The special presale price is $0.0016, and forecasts suggest it could reach $0.05 upon confirmation of its listing on more than 20 exchanges. This public interest is driven by real utility and validated security, confirmed by independent audits. BlockDAG is also expanding its presence by establishing partnerships with notable sports and entertainment projects, increasing its visibility in the market.

The crypto market continues to attract attention with a variety of trends and projects. Shiba Inu demonstrates resilience as holders maintain their tokens, ONDO shows stable performance, and BlockDAG achieves impressive success at the presale stage. Each of these projects highlights the dynamics and interest in different aspects of the crypto economy.

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