Despite positive signals and network activity, the ONDO and Kaspa projects face challenges. Meanwhile, BlockDAG announces significant initiatives in the near future.
ONDO: Prices on the Verge of Breakout
The ONDO price is currently hovering in a narrow range between $0.9430 and $0.9485. A doji candle is visible, indicating market uncertainty as buyers and sellers await clearer signals. A key resistance level of $0.99 has yet to be broken.
Kaspa: Technology vs Market Sentiments
Kaspa boasts impressive technology with transaction speeds surpassing even Visa. However, the market has seen a decline of over 15% in a week due to rumors and confusion in social media. These factors are causing community frustration, hindering project growth.
BlockDAG: Preparing for Important Announcements
BlockDAG is gearing up for significant events in June, including 20 listings on centralized exchanges and an NBA sponsorship announcement. These developments could greatly impact the project’s dynamics, and the list of initiatives already raises expectations among market participants.
ONDO and Kaspa remain under pressure, but both networks have growth potential. BlockDAG, however, is set for events that may shift market conditions.