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Next 100x Potential Crypto: ZKP’s Presale Auction Speeds Up With a 5M Reward While SHIB & UNI Move Sideways

Next 100x Potential Crypto: ZKP’s Presale Auction Speeds Up With a 5M Reward While SHIB & UNI Move Sideways

BlockchainReporterBlockchainReporter2026/01/24 17:00
By:BlockchainReporter

Market activity shows that not all crypto assets move in the same way at the same time. Uniswap is hovering close to a key resistance area as traders wait for a clear signal. Shiba Inu has returned to discussion after renewed interest tied to supply changes and improving technical signals. At the same time, ZKP crypto is gaining attention due to active developments and participation campaigns.

These situations underline how the crypto market works in separate tracks. Some assets are tracked mainly through price levels and volume changes. Others react more strongly to supply adjustments or shifts in holder behavior. New projects are often measured by how transparent and structured their early access is, as community engagement trends gain traction.

Uniswap Stays Near Resistance as Traders Wait

Price action for Uniswap’s UNI remains close to an important resistance band. UNI has been holding around $5.6 while testing the $5.7 range several times. This zone has acted as a short-term ceiling since the price moved below $5.72 earlier in January. Since that move, trading has been slow, showing a balance between buyers and sellers with no clear push in either direction.

Despite this pause, activity around UNI has not faded. Futures open interest has stayed close to $411M, while daily futures volume has been reported near $423M. These numbers suggest that traders remain engaged even though the spot price has struggled to move higher. On-chain figures also point to Uniswap continuing to lead decentralized exchange activity, with about $1.9B in daily DEX volume.

Next 100x Potential Crypto: ZKP’s Presale Auction Speeds Up With a 5M Reward While SHIB & UNI Move Sideways image 0

Fee generation has also remained stable. Uniswap v3 has been producing roughly $1.0M in daily fees and around $6.1M over the past week. Most of these fees are distributed to liquidity providers, which keeps direct protocol revenue lower. With ETF filings connected to UNI under review, traders are closely watching to see if this creates fresh demand. Until then, attention stays on whether UNI can break clearly above the resistance.

Shiba Inu Gains Strength as Supply Pressure Eases

Recent movement in Shiba Inu has pushed the price roughly 30% above its December low, with trading now near $0.00000885. This rebound has attracted attention after a sharp rise in the burn rate. Daily token burns climbed by more than 1,000%, helping reduce circulating supply to about 585.4 billion tokens.

Exchange data adds to this picture. Balances of Shiba Inu held on exchanges have continued to decline, which often signals accumulation as holders move assets away from trading platforms. Activity from large holders has also increased, with whale-sized transactions rising by more than 100% so far this year. These factors have supported the recent recovery in the Shiba Inu price.

Next 100x Potential Crypto: ZKP’s Presale Auction Speeds Up With a 5M Reward While SHIB & UNI Move Sideways image 1

Chart patterns suggest a possible shift in momentum as well. Shiba Inu bounced from the $0.0000068 level in December and moved higher after breaking out of a falling wedge formation. Indicators such as the RSI and the Percentage Price Oscillator have turned upward. If momentum continues, traders are watching resistance near $0.00001485, while a fall back below $0.0000068 would weaken the positive outlook.

Next 100x Potential Crypto: ZKP’s Presale Auction Speeds Up With a 5M Reward While SHIB & UNI Move Sideways image 2

Summing Up!

Current market behavior shows clear differences between established assets and newer projects focusing on community participation and structure. Uniswap continues to trade within a range as traders wait for confirmation of a breakout, while Shiba Inu has benefited from supply reduction and renewed accumulation signals. Both remain sensitive to broader market mood, volume, and technical levels. ZKP follows a separate route. With ongoing developments and active network progress, the focus remains on engagement and infrastructure rather than only on short-term price action.

Next 100x Potential Crypto: ZKP’s Presale Auction Speeds Up With a 5M Reward While SHIB & UNI Move Sideways image 3
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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