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Shiba Inu (SHIB) and Avalanche (AVAX) Showing Gains: Insights into BlockDAG

Shiba Inu (SHIB) and Avalanche (AVAX) Showing Gains: Insights into BlockDAG

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by Giorgi Kostiuk

4 hours ago


Recent price fluctuations in Shiba Inu (SHIB) and Avalanche (AVAX) have attracted investor interest. Both projects are showing positive trends while the new project BlockDAG raises questions about the future of the market.

Shiba Inu (SHIB): New Signals for Recovery

The Shiba Inu (SHIB) price has shown positive dynamics with an 8% gain in the last 24 hours reaching $0.00001579. The formation of a rounding bottom is observed, with traders anticipating a breakout above $0.00001600.

Avalanche (AVAX): Prospects and Resistance

The outlook for Avalanche (AVAX) has improved following a direction change on the 4-hour chart. The price has crossed previous resistance levels. Traders are now focused on the demand zone that could facilitate further price increases.

The Future of BlockDAG: Listings and Pricing

The BlockDAG project has secured 20 exchange listings. It has raised approximately $254.5 million and sold over 20.6 billion coins. The current pre-sale price is $0.0020 and will close on June 13, creating competitive market conditions.

The overall price landscape of Shiba Inu and Avalanche, along with BlockDAG's successes, emphasizes the importance of timely actions in the cryptocurrency market. Investors should be aware of the risks associated with delays in decision-making.

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