The cryptocurrency market continues to surprise, with new achievements from ongoing projects. Hyperliquid and Shiba Inu are showing rapid growth, while BlockDAG aims for ambitious plans.
Hyperliquid's Success and $12M Whale Buys
Hyperliquid's price reached $43.86, thanks to active purchases from whale investors and an increase in trading volume. Between June 9 and 11, major players invested over $12 million in HYPE tokens using USDC and SOL. Open interest surged to $1.89 billion, and daily trading volume exceeded $2.1 billion. Technical indicators also point to growth, with forecasts suggesting a target of $50.
BlockDAG's Potential: Branding and Ambitions
BlockDAG is planning a major promotional push in the US, potentially including national TV campaigns and merchandising. With $300 million raised in presales, the project aims to increase visibility among investors. BlockDAG's technology combines Bitcoin-level security with fast data processing, supports smart contracts and has already passed a Cadence audit. With over 2 million users, the project is set for a successful market launch.
Shiba Inu: Records and Ecosystem Upgrades
Shiba Inu is surpassing key levels, climbing past $0.0000135, driven by a surge in trading volume with nearly 975 billion SHIB sold. The number of wallets has reached 1.511 million, prompting analysts to predict further growth. Additionally, Shibarium upgrades have contributed to increased confidence and interest in the project.
The current market shows significant growth in cryptocurrencies, particularly for Hyperliquid and Shiba Inu. BlockDAG, with its ambitious targets and community support, is also capturing attention. These factors point to the potential for growth in the crypto industry in the near future.
