This week, the digital asset market saw significant developments, highlighting the latest movements from SEI and PENGU, as well as BlockDAG's unique presale model.
SEI's Market Movements
SEI is showing bullish signals, with predictions for a move toward $0.90 if resistance at $0.35 is breached. Activity on its Layer 1 has reached over 1 million daily active wallets and 2.8 million daily transactions, surpassing peers like Aptos and Injective. Total Value Locked has hit $636 million, aided by a liquidity injection of $500 million from Stargate Finance.
PENGU's Growth in Gaming and NFTs
PENGU has climbed over 10% in the past week, with a trading volume of $785.63 million. Much attention is centered on the Pudgy Penguins brand, generating nearly a billion impressions per day. The project also launched its first game with plans for two more titles, attracting the interest of institutional investors.
BlockDAG's Innovations in Presale
BlockDAG has created an innovative presale format functioning as a marketplace. The project has raised $379 million and established a competitive environment through features like Buyer Battles and Dashboard V4. These mechanisms not only stimulate activity but also offer a real buying experience before the public launch.
SEI and PENGU shine with their short-term improvements, while BlockDAG showcases practical examples of community and adoption. These events underline the importance of technical growth and engagement in the competitive digital asset landscape.