Dogecoin and Shiba Inu Community Take Note of BlockDAG’s CEO and Team Unveil, Drives Presale to $60.4M
As the market rebounds after a volatile first quarter, Dogecoin (DOGE) has reached a major milestone, and the Shiba Inu community remains active. Meanwhile, ADA and TON are posting bullish numbers. Amid these developments, BlockDAG, a promising layer-1 project, has attracted significant investor interest with its stellar presale, which has now surged past $60.4 million. The recent announcement unveiling BlockDAG’s CEO, team, and advisory board has further boosted confidence, making BlockDAG a preferred investment. With its long-term potential, BlockDAG could be the next crypto to hit $1, standing out as a strong contender in the market.
Understanding Dogecoin’s Milestone
Dogecoin (DOGE), the renowned memecoin, has achieved a significant milestone by surpassing 90 million wallet addresses. This growth highlights the increasing adoption of DOGE amid a broader market recovery. The rise in wallet addresses underscores the enduring allure of Dogecoin, with both individual investors and exchanges contributing to this proliferation.
The surge in DOGE addresses aligns with a notable 15% price increase over the past week. This uptick reflects renewed investor optimism and a strong correlation between growing interest and market performance. Analysts remain bullish about Dogecoin’s future, with some predicting a potential climb toward the $1 mark in the long term. As the number of addresses continues to grow, Dogecoin solidifies its standing as a key player in the cryptocurrency ecosystem.
Shiba Inu Community Petitions Binance
Shiba Inu (SHIB) has witnessed an interesting development with the launch of a petition by community member Labib, urging Binance to implement a daily burn of 1% of all Shiba Inu trading fees. The proposal aims to reduce SHIB’s circulating supply, potentially boosting its price through increased scarcity. This community-driven initiative has already garnered over 100 signatures, reflecting strong support within the Shiba Inu ecosystem.
The Shiba Inu community is known for its proactive approach to driving the token’s value. Previous efforts, such as the successful listing on Robinhood, highlight the community’s influence. With an initial supply of 1 quadrillion tokens, over 410.72 trillion SHIB have been burned to date. The current circulating supply stands at approximately 589.27 trillion tokens, and the community’s push for a burn initiative on major exchanges like Binance underscores their commitment to enhancing SHIB’s value proposition.
BlockDAG’s Promising Potential
BlockDAG (BDAG) has emerged as a noteworthy contender in the crypto space, boasting an impressive presale performance. Raising over $60.4 million in its presale, BlockDAG has captured the attention of investors with its long-term potential. Priced at $0.015 in its 20th batch, BDAG has sold more than 12.2 billion coins, reflecting significant investor interest.
BlockDAG’s technological advancements set it apart in the cryptocurrency landscape. As the world’s most advanced layer-1 blockchain, BlockDAG employs Proof of Work technology for enhanced efficiency and speed. Its compatibility with Ethereum Virtual Machine (EVM) allows for seamless implementation of Ethereum-based contracts, tapping into the extensive Ethereum community resources.
The projected growth for BlockDAG is promising, with analysts predicting its coin value could reach $30 by 2030. This potential 30,000x ROI makes it an attractive investment option. The recent unveiling of BlockDAG’s CEO, team, and advisory board has inspired confidence in the project, accelerating its presale pace. Additionally, BlockDAG’s innovative mining solutions and commitment to a swift mainnet launch within six months underscore its dedication to innovation and growth.
Key Insights
Dogecoin’s milestone of surpassing 90 million wallet addresses and the Shiba Inu community’s burn initiative underscore their growth potential. However, BlockDAG stands out with its exceptional presale success, advanced technology, and ambitious roadmap. Following the announcement of its CEO, team, and advisory board on July 29th, and an AMA on July 30th, BlockDAG’s presale surged to over $60.4 million. The price has increased 1400%, from $0.001 in the initial batch to $0.015 in batch 20. With its significant investor interest and promising trajectory, BlockDAG is a compelling investment, potentially the next crypto to hit $1.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
