The past week has been eventful for the cryptocurrency market: Shiba Inu's price rose, AAVE faced difficulties, and BlockDAG introduced a unique offer.
Shiba Inu Price Surge
The sharp increase in Shiba Inu's price has sparked market excitement. SHIB climbed by 118%, attracting analysts' attention. Despite a 23% drop over the past month, a daily increase of 3.37% raised the price to $0.00001410 as of February 25, 2025. CoinCodex predicts a further increase of 22% to $0.00001722 by March. Analysts believe that sustained growth could lead to challenging crucial resistance levels.
AAVE's Prospects
AAVE has experienced significant price volatility, descending from $400 in December 2024 to under $200. The currency is showing signs of recovery by stabilizing at $213. If it surpasses the $240-$250 range, prices could rise to $280-$300. However, failure to maintain support could see prices retract to $180 or plummet to $120. Current forecasts remain mixed.
BlockDAG's New Offer
BlockDAG is capturing attention in the cryptocurrency arena with its BDAG800 promotion, offering a 400% bonus on BDAG coin purchases. Upcoming listings on 10 major CEX platforms could boost the token's visibility and liquidity. BlockDAG's presale has already raised $202.8 million, and the project has significant potential for market growth.
Current trends in the cryptocurrency market continue to attract interest in Shiba Inu and AAVE, while BlockDAG solidifies its position with attractive offers and planned listings.
