BlockDAG Prepares for Global Hackathon, Amidst Shiba Inu & Polkadot’s Market Moves

Ethereum is making a new all-time high as bullish sentiment grows, with experts citing the expansion of DeFi and increased institutional interest. Meanwhile, BlockDAG (BDAG) prepares for its Global Hackathon this month, aiming to foster developer innovation within its network, having raised $210.5 million through presales. Will Shiba Inu’s price reach the $0.50 speculation? While over 589 trillion tokens are available, reaching a $294 trillion market cap seems unrealistic without significant developments like Shibarium. The focus is shifting towards newer DeFi projects offering practical solutions, with SHIB remaining well-liked but likely to stay within a narrow price range. **Polkadot’s 12% surge fuels short-term interest.** Despite this rise, DOT continues facing market downturn and faces $5.25 as a significant resistance level. Technical indicators suggest modest momentum, while the A/D line indicates sustained buying interest. The recent increase in Polkadot price could signal a genuine reversal only if it overcomes key resistances at $5.38 and $6.72, leaving long-term prospects uncertain. BlockDAG’s Hackathon fuels future innovation.** The company is launching a Global Hackathon Series, aiming to attract developers and startups. This event will grant participants rewards, development funds, access to the BlockDAG ecosystem, and opportunities for pitching directly to investors. **Key takeaways**: While Shiba Inu remains in the spotlight, BlockDAG stands out with its practical approach to utility. The hackathon further positions BlockDAG as a leading crypto choice for sustainable growth.

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