In the ever-changing cryptocurrency market, three digital assets are drawing considerable attention. Leading the pack is BlockDAG, a DAG-based presale that has successfully raised $66.7 million, a milestone reached at an unprecedented pace. This accomplishment has led experts to predict that BlockDAG could soon break into the top 30 cryptocurrencies on CoinMarketCap.
Meanwhile, the meme coin market is also seeing action, with Dogecoin showing a promising price trend as it steadily moves past the $0.100 mark. At the same time, Shiba Inu is turning heads with an astounding 137,411% increase in its burn rate, thanks to its innovative burn mechanism.
DOGE Price Outlook: Is the Bull Run Gaining Momentum?
Dogecoin has successfully breached the $0.0950 resistance level and comfortably trades above $0.100. This upward movement mirrors Bitcoin’s recent performance, where DOGE overcame critical resistance points and shed a lingering bearish trend.
As it approaches the $0.1080 resistance, a successful breakthrough could push DOGE to $0.1100 and possibly further, with targets like $0.1220 within reach. However, should DOGE encounter a pullback, it will likely find support around $0.100 and $0.0950, helping to stabilize any dips.
Shiba Inu Achieves Significant Burn Rate Surge
Shiba Inu (SHIB) is making significant strides, with its burn rate surging by an impressive 137,411%. This increase is largely due to an enhanced burn mechanism aimed at reducing SHIB’s circulating supply and strengthening its market position. In just 24 hours, the SHIB community successfully burned over 105 million coins through several notable transactions.
This burn update comes as Shiba Inu prepares to streamline the burn process further with a forthcoming upgrade on the Shibarium blockchain. The plan is to convert transaction fees into SHIB, which will then be burned, continually reducing the supply and supporting a potential increase in value.
BlockDAG’s $66.7M Presale Success: Potential 5800% ROI
BlockDAG is quickly becoming a recognized name in the cryptocurrency world, particularly for addressing the challenges that Bitcoin and Ethereum couldn’t: exceptional transaction speed, strong security, and advanced decentralization. This recognition has turned BlockDAG into a highly sought-after project.
Starting at a modest $0.001 per coin, BlockDAG’s price has risen to $0.017 in the current Batch 21, following the sell-out of the previous 20 batches. With over $66.7 million raised and more than 12.6 billion BDAG coins sold, BlockDAG’s presale has set a new standard in the industry.
This rapid growth has earned BlockDAG recognition across 30 countries, with over 100,000 contributors joining the movement, drawn by its unique potential and cutting-edge Block & DAG technology. As its popularity continues to soar, BlockDAG is on the brink of entering the top 30 cryptocurrencies on CoinMarketCap, where it will stand alongside major players like Bitcoin, Solana, Cardano, Kaspa, and Ethereum.
Institutional contributions are pouring in as well, with significant purchases totaling over $2.4 million from key players in the market. BlockDAG’s credibility is further bolstered by a team comprising tech industry veterans, including Harvard and MIT graduates, esteemed professors, and notable award recipients.
Given BlockDAG’s consistent upward trajectory, experts forecast it to reach a $1 valuation per coin soon. For contributors in Batch 21, this represents a potential ROI of around 5800%. As Batch 21 nears completion, Batch 22 is poised to continue this impressive journey.
Last Word
Dogecoin continues to chart a positive course, targeting the $0.1100 resistance and possibly beyond, while Shiba Inu’s remarkable 137,411% burn rate surge is setting a solid foundation for future growth. On the other hand, BlockDAG is making headlines by surpassing $66.7 million in its presale, positioning itself for entry into CoinMarketCap’s top 30. With its price at $0.017, BlockDAG could soon reach $1, offering a promising opportunity for those involved.
Invest in the BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.