From Shiba Inu’s regular token burns to boost SHIB price to Bitcoin Cash’s resilience amidst market fluctuations, the crypto market is teeming with opportunities for both HODLers and speculators. In the presale arena, BlockDAG (BDAG) has emerged as a standout, eying a jaw-dropping 2400% ROI potential post-lunch.
Keep reading for a closer look at these developments and discover the next big crypto 2024.
SHIB Price Prediction: Is $0.0001 on the Horizon?
The Shiba Inu community has transferred nearly 37 million SHIB tokens to a dead wallet, sparking interest amid a SHIB price dip. Despite a 77% decrease in the burn rate today and over 300 million coins burned in the past week, SHIB price has experienced a significant drop, trading at $0.00002507 with a 10.41% decline over the past 24 hours. This move is part of the community’s effort to improve SHIB’s tokenomics through regular token burns, aiming to reduce supply and potentially increase demand and SHIB price.
The token’s recent performance shows remarkable resilience, with fluctuations between $0.000009 and $0.000044 in the past month. Analysts suggest that a breakout rally could propel SHIB price to $0.0001, while a downturn might see it retract to the $0.00002 support level.
Bitcoin Cash Prediction
Bitcoin Cash (BCH) is currently trading at $363.09, having dropped by 10.53% in the last 24 hours and by 15.12% over the last seven days. However, the token still showcases a robust uptrend, up by 35% over the past month and by 135% over the past year.
Furthermore, technical analysis suggests a bullish sentiment with 21 indicators supporting a bullish outlook and only 1 suggesting a bearish scenario. The Fear & Greed index is at 79, reflecting Extreme Greed among investors.
BlockDAG – The Next Big Crypto 2024
For investors keen on spotting early investment opportunities, presale markets are a goldmine, and BlockDAG (BDAG) is among the standout crypto presales of 2024.
Drawing inspiration from Kaspa, BlockDAG evolves beyond the original DAG protocol by incorporating algorithms that ensure top-notch security while minimizing energy consumption. BlockDAG has also introduced its X-series suite, a line of environmentally friendly mining rigs, with more than 3776 units sold to date.
The BlockDAG’s network distinguishes itself with remarkable confirmation speed, processing 10 blocks per second, with plans to increase this to 100 blocks. It also supports smart contracts, making it a viable platform for DeFi services and Dapps.
From an investment perspective, purchasing BDAG now at its current presale price of $0.002 could yield a staggering 2400% return on investment upon its official launch at $0.05. However, analysts point out that that BDAG might be the biggest project of the year, surpassing Kaspa’s projections with an ROI as high as 5000X post-launch.
In response to the overwhelming early investor interest and the $5.8 million raised quickly, BlockDAG has announced a limited-time $2 million mega giveaway to be won by 50 lucky community members. To participate in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, increase your chances by completing all tasks, and bring friends for additional entries.
In Summary
The Shiba Inu community’s commitment to burning SHIB tokens underscores a strategic push to boost SHIB price, suggesting a potential future upswing as supply diminishes. Meanwhile, Bitcoin Cash’s strong bullish indicators and sustained year-on-year growth position it for continued upward momentum, hinting at a promising future despite short-term volatility. In the presale market, BlockDAG (BDAG) stands out with its innovative hybrid security mechanism and eco-friendly mining solutions, signalling a robust future ROI of 5000X for early investors as it gears up for its official launch on exchanges.
Invest In BlockDAG Today
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
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