The cryptocurrency market is experiencing heightened volatility, with key assets like SUI and UNI at critical technical junctures, while investor attention is increasingly captured by the launch of BlockDAG (BDAG). The project has officially activated its Mainnet and Token Generation Event (TGE), issuing tokens directly on the live network. Early participants are being offered a final private sale price of $0.00016 for a limited time, with a projected listing price of $0.05, suggesting a potential 200x to 300x upside for early buyers. Additionally, these buyers are granted a nine-hour head start for trading before broader market access.
Meanwhile, Sui (SUI) is trading around $0.88, testing a crucial support zone. Analysts, including Ali Charts, identify $0.75 as a strong entry level, with the token's RSI near 26 indicating oversold conditions. A rebound could target $1.30 to $1.75, while a break below $0.75 may trigger further selling pressure.
Uniswap (UNI) recently surged approximately 40%, bolstered by institutional interest after BlackRock launched its tokenized BUIDL fund on UniswapX and purchased an undisclosed amount of UNI. The token now faces resistance near $4.68 and the 20-day EMA, with support around $2.90. Technical indicators suggest oversold conditions are easing, but a sustained close above resistance is needed to confirm a stronger recovery trend.
In contrast, the article highlights a shift in investor sentiment away from some established narratives. It notes that despite BlockDAG's substantial $450 million presale raise, some traders are seeking higher asymmetry in earlier-stage projects like DeepSnitch AI (DSNT), which has raised over $1.6 million in its presale. Furthermore, Bittensor (TAO) experienced a sharp but fleeting price spike to $207 following its listing on the South Korean exchange Upbit, before retracing below $190, indicating weak sustained demand.
