Cardano Holds Near $0.85 and Shiba Inu Tests Support as BlockDAG Reports $410M Raised in Token Sale

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Cardano is holding firm near $0.85 after a recent pullback, with large holders adding coins around the support zone. Shiba Inu has also seen heavy buying, including a large purchase of 500 billion tokens, even as the token hovers near $0.00001298 support. These moves show that major players remain active despite market volatility.

Another development drawing attention is BlockDAG. The project says its token sale has raised nearly $410 million with more than 26.3 billion coins sold, and that the current Batch 30 price is $0.0013. If the project’s stated fundraising cap is reached, any subsequent trading would be subject to market pricing, which can be higher or lower than the sale price.

Cardano Whales Buy Millions as Price Holds Key Support Near $0.85

Cardano is trading near $0.85 after a sharp 7% correction over the past two days, with profit-taking creating short-term selling pressure. Despite this pullback, on-chain data indicates large wallets accumulated more than 20 million ADA in a single day near the $0.86-$0.90 support zone. Such activity is sometimes interpreted by analysts as a sign of continued interest from larger holders, though it does not indicate future performance.

Technical levels remain in focus for traders. Support stands at $0.82, while resistance sits between $0.95-$0.97. Some chart watchers note that a move above $0.95 could open the door to higher targets, though any breakout scenario is uncertain and depends on broader market conditions.

Shiba Inu Whales Grab 500 Billion SHIB as Price Holds Critical Support

Shiba Inu has dropped sharply over the past two days, sliding from a recent high of $0.00001484 to around $0.00001298, testing a key technical support level. Despite the pullback, on-chain data shows a large investor withdrew over 500 billion SHIB, worth roughly $6.7 million, from an exchange into a non-custodial wallet. Market participants often view exchange outflows as reduced immediate sell-side availability, though interpretations vary and do not guarantee price stabilization.

This buying interest comes as the broader crypto market faces heavy liquidations and selling pressure across meme coins. If SHIB holds the $0.00001298 support, some analysts say a rebound toward prior resistance levels is possible; however, such scenarios remain speculative and depend on liquidity and broader risk sentiment.

BlockDAG Token Sale Nears Stated $600M Cap, Project Says

BlockDAG says it has raised nearly $410 million and sold more than 26.3 billion coins, with a stated price of $0.0013 in Batch 30. According to project materials, the token sale is structured around a $600 million cap. If tokens later begin trading on exchanges, pricing would be determined by market conditions and may differ materially from the token-sale price.

The project also reports more than 312,000 holders, the shipment of 19,900 miners, and a network of 3 million X1 app users. These figures are project-reported and have not been independently verified in this article.

Project updates also reference timing around batch pricing and the final cap. Readers should treat timelines and future market pricing as uncertain and verify any participation details directly with the project.

Project links (for reference)

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial


This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. As with any initiative within the crypto ecosystem, we encourage users to do their own research before taking part, carefully considering both the potential and the risks involved. This article is for informational purposes only and does not constitute financial or investment advice.

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