WIF rises 13.6% towards $1, with opportunities and risks coexisting.
dogwifhat (WIF) has performed remarkably recently, rebounding from $0.82 to $0.982 (currently retracing to $0.968), with a 13.6% increase this month, a market cap of $978 million, and trading volume skyrocketing 105% to $500 million.
Data shows strong return of buyers: consecutive three days of buying exceeding selling, with a cumulative net purchase of $2.27 million; futures funding rate turning positive (0.005), indicating investors are betting on continued rise.
However, the net flow on exchanges once rose to $2.73 million, indicating some funds have realized profits, and if selling pressure intensifies, it may hinder breaking through $1.
From a technical perspective, the MACD indicator rises to 0.016, showing a clear bullish momentum. If accumulation continues, the $1 resistance may turn into support, targeting $1.18; conversely, it may retrace to $0.84.
SUI has retracement risks, JUP is waiting for a breakout.
SUI: Current price $2.91, if it cannot break through the $3 resistance, it may retrace 20%-35%.
Technical concerns are emerging: the moving average may show a 'death cross' (which caused a 30% plunge in March), the stochastic RSI is overbought, and trading volume is decreasing, indicating weakened buying enthusiasm.
However, the total network value has risen above 600 million SUI, long-term confidence remains, breaking through $3.10 may reverse sentiment.
JUP: stabilizing at $0.43-$0.44, with light trading volume, and indecision between bulls and bears.
If it breaks through $0.464, it is expected to rise to $0.498, waiting for a clear breakout signal.
BlockDAG pre-sale is extremely popular, and sports cooperation opens new scenarios.
BlockDAG (BDAG) has become a recent focus: collaborating with the two-time NFL champion Seattle Sea Wolves, token-holding fans can receive digital collectibles, real-time voting rights, and exclusive content, with player interviews and other customized content being launched monthly to promote blockchain penetration into sports scenarios.
Pre-sale data looks brighter: raised $335 million, sold 23.7 billion tokens. The limited-time price of $0.0016 is available until August 11 (the 29th batch price is $0.0276), with significant potential profit space.
As one of the two sports collaborations this month, its path from the blockchain field to mainstream scenarios has made it a popular choice among altcoins.
To summarize:
WIF sprinting towards the key period of $1, SUI needs to guard against retracement, JUP is waiting for a breakout, while BlockDAG continues to attract attention with its cooperation and low pre-sale price, with opportunities and risks coexisting for various cryptocurrencies.