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Ethereum and SUI: Spotlight of the Crypto Market, BlockDAG with Innovative Model

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market continues to experience price fluctuations, with Ethereum maintaining its positions, SUI showing growth, and BlockDAG implementing a new approach to presales.

Ethereum Steady Around $2,970

Ethereum currently trades around $2,970, sustaining this level after a recent strong upward trend. The coin peaked at $3,074 on July 15 before pulling back slightly, indicating a brief phase of consolidation. Overall, the trend remains positive, with an increase of over 15% since early July. Analysts are monitoring the resistance zone between $3,060 and $3,100, where a breakout could lead to price increases toward $3,300.

SUI Grows Amid DeFi Activity

SUI represents a steadily growing asset with nearly 20% gains since mid-July, reaching about $3.94. This progress followed a successful breakout above the $3.89 resistance, paving the way to the $4.30 - $5.00 range. A major factor behind this upward trend is the increased DeFi participation within the Sui Network, where the total value locked has exceeded $2.2 billion.

Innovative Presale Model from BlockDAG

BlockDAG showcases its Buyer Battles initiative, which allocates 50 million BDAG coins daily to participants. This rewards model has led to significant user engagement, improving presale metrics. Currently, BlockDAG has sold 24 billion coins and raised over $341 million. The Buyer Battles program generates sustained interest through gamification, distinguishing the project from others.

Ethereum remains steady, SUI shows increased movement towards $5, while BlockDAG positions itself as an innovative player in the crypto market, leveraging active community engagement.

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