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Cryptocurrencies Shiba Inu, AAVE, and BlockDAG: Analysis and Forecasts

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by Giorgi Kostiuk

8 hours ago


The cryptocurrency market continues to captivate investors, with recent price movements in Shiba Inu and AAVE, as well as BlockDAG's successful presale campaign.

Shiba Inu’s Surprising Rally: Causes and Predictions

The price of Shiba Inu (SHIB) surprised the market with a 118% rise over recent sessions. Despite a recent 23% dip over the month, SHIB reached $0.00001410 by February 25, 2025. Analysts foresee further growth, with a potential 22% increase driving the price to $0.00001722 in March. While stabilization around $0.00001410 is predicted, SHIB's ongoing volatility remains a key point of interest for investors.

AAVE Price Analysis: Risks and Opportunities

Aave (AAVE) has experienced sharp price fluctuations, dropping from $400 in December 2024 to below $200. Currently trading at $213, key support is found between $170 and $180, established in October 2024. With an RSI indicator at 38, a potential rebound is suggested. To shift to a bullish trend, AAVE must surpass the $240-$250 range, possibly targeting $280-$300. Without support, the price could fall back to $180 or even $120.

BlockDAG and its BDAG800: What to Expect?

BlockDAG is gaining traction with its BDAG800 bonus. This 400% bonus on BDAG purchases is the most substantial offer ever introduced by the project. Upcoming listings on 10 major CEX are anticipated to enhance visibility and liquidity for BDAG. The presale has already exceeded $203.9 million, and the expected price rise to $1 after listing makes it a favorite among investors.

The cryptocurrency market is undergoing active changes. Shiba Inu impresses with its rally, AAVE finds support, and BlockDAG confidently moves towards its goal, drawing significant investor attention with its ambitious plans.

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