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Growth of TAO, SHIB Activity, and BlockDAG's Promising Future

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by Giorgi Kostiuk

11 hours ago


Recent trends in the cryptocurrency sector reveal interesting changes in the activities of various projects. TAO and SHIB are gaining popularity, while BlockDAG is preparing for important steps.

TAO's Growth Amid Rising AI Demand

Bittensor (TAO) continues to grow confidently. Since June 9, the price has reached the $395–$405 range, increasing about 5 percent from a resistance level near $387. Trading volume remains steady at around $140 million daily, indicating consistent market interest. TAO recently crossed its 20, 50, and 100-day exponential moving averages, clearly signaling renewed buying strength.

SHIB Wallet Activity Surpasses 1.5M

Shiba Inu (SHIB) is on the rise again, despite reduced whale activity. The number of SHIB wallets has reached a record of 1,511,101 addresses. At the same time, activity on the Shibarium layer increased — daily transactions surged by 7,154 percent in just five days. This indicates that the SHIB community is actively participating in the project, which could lead to further gains.

BlockDAG's Prospects and Potential US Deal

BlockDAG is moving purposefully, recently raising $302.5 million and selling 22.6 billion coins. As the project is in Batch 29 of the presale, with a special price of $0.0018 extended for six days, interest in the project continues to grow. Over 2 million users have already started mining BDAG through the X1 app, active in more than 150 countries. Anticipation of a significant US sponsorship deal could greatly enhance BlockDAG's visibility before its listing.

TAO is demonstrating growth amid interest in AI, SHIB is receiving support from its community, and BlockDAG is preparing significant steps to strengthen its market position. These projects continue to attract investor attention.

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