Recent movements in the cryptocurrency market show that SUI is again facing difficulties in overcoming the resistance level of $3.20, while the price of Pi Coin remains below $0.50. Meanwhile, BlockDAG attracts attention with its innovative presale format.
SUI Price Dynamics: Obstacles and Support
The SUI price has recently approached the $3.20 mark again, supported by a series of higher lows forming above $2.90. Some experts attribute this move to a spike in stablecoin transfers on the SUI network, reportedly surpassing Solana’s volume. However, SUI continues to face challenges in breaking through that resistance.
Pi Coin and Token Unlock Risks
Despite continuous updates aimed at connecting Pi Network to the AI sector, the Pi coin price remains below $0.50. New features like Pi App Studio and GenAI development hints show long-term planning, but actual product delivery is lagging. Near-term concerns are growing, especially with a scheduled release of 272 million tokens, which could increase selling pressure.
BlockDAG's Success and Buyer Battles Format
In contrast to coins stuck in sideways action, BlockDAG’s presale is accelerating fast, raising over $340 million and selling 23.9 billion BDAG coins across 29 batches. The unique Buyer Battles format is particularly capturing attention, with 50 million BDAG coins released each day and any remaining amount rewarded to top buyers. This structure increases buying activity and heightens interest in the project.
The current price movements of SUI and Pi Coin highlight the presence of obstacles and uncertainty, whereas BlockDAG impresses with novel approaches to presales. Its successes continue to grow, making it a significant factor in the cryptocurrency market.
