Significant events are happening in the cryptocurrency market. Shiba Inu struggles to hold its level, Ethena is testing resistance, and BlockDAG achieves significant success in its presale.
BlockDAG's Successful Presale
BlockDAG continues to build momentum and has raised over $313.5 million in its presale, targeting $600 million. To date, over 22.8 billion coins have been sold. In the next six weeks, miner rollouts are expected, with X30 and X100 units beginning shipping on July 7, followed by X10 on August 15.
Shiba Inu's Challenges
Shiba Inu (SHIB) is experiencing difficulties in holding above $0.000021 after a pullback from $0.000025. Trading volume is declining, and the market lacks strong reversal signals. Analysts suggest that without new drivers, SHIB could fall back to the $0.000019 level.
Ethena Testing Resistance Level
Ethena (ENA) is gaining attention after rebounding from $0.54 and retesting $0.59. This level is now viewed as short-term resistance. A breakout above $0.60 could signal a strong continuation pattern, although a drop below $0.55 may weaken the bullish setup.
Currently, BlockDAG stands out with its active development and presale success. While Shiba Inu and Ethena face challenges, their market behavior warrants close observation.
