Crypto Markets Mixed: Pi Network Hits Record Low, Shiba Inu Shows Growth, BlockDAG Raises $420M
Cryptocurrency markets are witnessing a mix of gains and losses. Pi Network (PI) has hit a record low, while Shiba Inu (SHIB) shows potential for growth. Meanwhile, BlockDAG has raised a significant amount in its presale.
Pi Network (PI) has experienced a dramatic drop, losing nearly 90% of its value to reach $0.25. Analysts warn that the price could extend its crash to $0.19 if market sentiment doesn't improve. The coin's technical signals indicate extreme oversold conditions and seller dominance.
Shiba Inu (SHIB), on the other hand, is testing resistance at $0.00001294 with support at $0.00001213. Despite recent gains, it's still far from its all-time high. Coincodex predicts a 16.48% rise by October 23, 2025, but analysts suggest breaking above current resistance could push Shiba Inu price to $0.00001300, or drag it down to $0.00001100 if it fails.
BlockDAG has raised nearly $420 million in its presale, with tokens priced at just $0.0015 in Batch 31 and a confirmed $0.05 launch price. The project has shipped over 20k X-Series miners across 130+ countries and has over 3 million X1 app users.
The cryptocurrency landscape continues to evolve. While Pi Network faces challenges, Shiba Inu shows promise. BlockDAG's successful presale indicates growing interest in new projects. As always, investors should stay informed and cautious.
