The cryptocurrency market continues to show dynamic developments with the price rise of Mantle and significant activities from larger holders of Shiba Inu.
Mantle's Price Rally and New App
Recently, the price of the Mantle (MNT) token has significantly increased, reaching a peak of $0.93. In the past month, the rise constituted 60%, linked to the growing interest in Layer-2 solutions and the upcoming launch of the new UR app, expected to exit beta on August 8.
Shiba Inu Whales Activity
The largest holders of Shiba Inu (SHIB) have increased their holdings by 435.55 billion coins in just 24 hours, indicating a renewed confidence among investors. This accumulation has surged by 600% since August 3, pointing toward potential growth for the token.
Upcoming BlockDAG Launch
BlockDAG is on the verge of a global launch happening in just a few hours. The closing of the presale at $0.0016 is accelerating demand for BDAG tokens, with the presale already raising over $370 million before the launch price of $0.05.
The cryptocurrency market continues to evolve, with events like Mantle's price increase and Shiba Inu accumulation highlighting the importance of large investors and new technologies.