SHIB Targets 30% Upside, SUI Faces Volatility After Unlock, and BlockDAG Draws Attention With $2M Summer Raffle!
See why BlockDAG is the top crypto to watch today, with a $2M USDT raffle & $0.0016 entry as Shiba Inu’s (SHIB) technical setup points to a breakout & SUI reacts to a $116M unlock.
New Delhi [India], July 8: As price action converges with key supply events and recognized chart patterns, several cryptos are gaining traction among market analysts. The current Shiba Inu (SHIB) technical setup points to a potential 30% rise, while the SUI price pattern shows signs of volatility following a substantial $116 million token unlock.
While these tokens reflect short-term movement potential, BlockDAG is drawing attention from a different angle. With a $2 million USDT Summer Raffle and a presale that has already raised $333 million, BlockDAG is positioning itself as a project with long-term participation incentives that go beyond temporary momentum.
BlockDAG Launches $2M USDT Summer Raffle
BlockDAG has launched a major prize campaign featuring a $2 million USDT jackpot. Participants can choose from three ticket tiers: Bronze ($100), Silver ($200), and Gold ($400), with each level increasing the USDT reward potential, set at $250K, $500K, and $2 million, respectively.
Gold ticket holders receive the highest odds of winning, though availability remains limited, reinforcing the urgency of the offer. More importantly, the initiative reflects BlockDAG’s broader roadmap, which emphasizes scale, buyer engagement, and real-world incentives.
So far, BlockDAG’s presale has raised $333 million and sold over 23.7 billion BDAG coins. Currently in batch 29, the public price sits at $0.0276, representing a 2,660% ROI since batch 1. However, a limited-time price of $0.0016 is available for select participants, creating an opportunity for substantial gains.
The project has confirmed that all raffle winners will be announced across Telegram, Twitter, and the official website, further highlighting its commitment to transparency. With incentives structured around activity and growth, BlockDAG remains a top crypto to watch, especially for those prioritizing real utility and strategic engagement.
SHIB’s Technical Setup Signals Breakout Potential
Currently, the Shiba Inu (SHIB) technical setup shows a well-formed cup-and-handle pattern on the daily chart, often interpreted as a bullish continuation signal. The rounded base and current consolidation phase support this view, while the rising Money Flow Index (MFI) indicates renewed accumulation by market participants.
If SHIB can break through the resistance level formed during the handle’s formation, analysts estimate a possible 30% price increase. The target zone near $0.000025 becomes viable if volume continues to support the upward trend.
This formation provides a clear technical roadmap, making it a point of interest for traders looking for defined entry and exit parameters. As a result, SHIB remains closely watched in the short term for its potential breakout confirmation.
SUI Price Sees Volatility Following $116M Token Release
The SUI price pattern has shifted following the release of 44 million tokens into circulation, worth roughly $116 million. This increase adds 1.3% to the total circulating supply, and historically, such events are known to introduce volatility. SUI’s price currently trades between $2.81 and $2.93, with trading volume rising nearly 49%.
This surge in volume indicates market participants are positioning for directional movement. Analysts are closely monitoring whether SUI can maintain key support, particularly if downward pressure continues. The $2.30 to $2.40 range is viewed as a critical zone in the event of a breakdown.
While short-term moves are unpredictable, token unlocks often result in temporary price weakness before stabilizing, making SUI a relevant asset for near-term analysis.
Wrapping Up
Although technical patterns and price movement fuel short-term trading interest, not every asset offers the same level of engagement or return. Shiba Inu may benefit from a breakout if its pattern confirms, while SUI is navigating a volatile window after its recent unlock. BlockDAG, in contrast, combines growth-driven utility with an active reward mechanism.
With over 23.7 billion coins already sold and a presale structure focused on participation-based incentives, BlockDAG offers more than chart potential. Its structured campaign and ongoing momentum suggest a model built for sustained traction.
As the search for the top crypto to watch intensifies, BlockDAG presents a combination of technical utility, long-term planning, and community-focused growth that positions it well for continued interest.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
