The cryptocurrency market is showcasing new activity thanks to significant changes in several altcoins, including Shiba Inu and XRP, as well as innovations from BlockDAG.
Revival of Shiba Inu After Record Token Burn
Shiba Inu has once again attracted investors' attention after a sharp increase in the token burn rate. Over 10 million SHIB were burned in just 24 hours, representing a 3,464% increase from the usual level. This pushed the price to $0.00001236, raising optimism for further increases towards the target of $0.000015.
Another important aspect is the launch of DAO elections, which has allowed new participants to take part in decision-making, strengthening the interest in the SHIB team and increasing the likelihood of further price growth.
Constant Growth of XRP and Its Rally Potential
XRP is showing signs of a possible reversal with support at $2.86. Currently, a strong bullish signal is present, and analysts are watching whether XRP can break through the psychological level of $3.00 and reach the range of $3.10 to $3.35. This potential movement could positively impact overall market sentiment and support current growth trends.
BlockDAG: Education and Real Value in the Crypto Industry
BlockDAG Academy is changing the approach to education in Web3, offering courses with verifiable blockchain credentials. These credentials serve not merely as tokens but provide real opportunities for governance participation and grant acquisition. The educational program is divided into three tiers covering core Web3 tools, making employees more qualified in the market. So far, they have managed to raise $396 million in investments.
With active changes in the market through the growth of Shiba Inu and XRP, alongside innovations from BlockDAG, the cryptocurrency sector is beginning to set new standards. Education and involvement are becoming critical factors for the long-term success of these notable altcoins.
