Press Releases

BDAG Promising Returns as Lido Faces Decline & SHIB Rise

Top Crypto Presale: BlockDAG Momentum Attracts Ethereum Whales and Shiba Inu Enthusiasts with Predictions of a 20,000x ROI

The cryptocurrency arena is experiencing a notable revival, with Bitcoin’s price recovering to $67,000, though Ethereum’s value remains downtrend. Amidst this, Shiba Inu (SHIB) is predicted to experience a significant rally, potentially doubling its price shortly.

Amid these market dynamics, BlockDAG Network (BDAG) has significantly distinguished itself. With projections pointing towards a staggering 20,000x return on investment, BlockDAG has successfully raised $16.6M in its presale, moving steadily towards a $600M fundraising goal by 2024. This development draws interest from Ethereum and SHIB investors eager to partake in BlockDAG’s burgeoning presale.

Lido’s Ethereum Staking Share Drops to 29.57%

Lido’s dominance in the Ethereum staking market has seen a reduction, now accounting for 29.57% of the market, down from 32% as of December 2023. This decrease comes as the stakes on Ethereum have risen, diminishing the concerns over Lido’s market control. Despite Lido’s reduced share, other major staking contributors like Coinbase and Binance, alongside an unidentified entity holding a substantial market portion, continue to play significant roles in the Ethereum staking ecosystem.

The Ethereum community has been vigilant about any entity holding over a third of the market share, fearing it could affect the blockchain’s operational integrity. Meanwhile, Ethereum’s price struggles continue across various time frames.

Shiba Inu’s Potential Price Surge

Shiba Inu is at the cusp of what analysts believe could be a substantial price rally, potentially seeing a twofold increase to $0.000044. This optimism stems from a symmetrical triangle pattern forming on the 6-hour chart, despite SHIB’s recent 8% price dip. The coin’s ecosystem has witnessed an increase in token burns, with over 15.5 billion tokens eliminated, indicating a 2,300% increase in activity. This uptick is aligned with large SHIB transfers, from the KuCoin exchange to an unidentified wallet, amidst regulatory scrutiny.

Related Post

BlockDAG’s Enticing Presale Success

BlockDAG’s journey through its presale stages has been remarkable, having garnered $16.6 million in funds and sold  7.3 billion coins. The project’s initial presale phases saw rapid sell-outs, with the first batch raising $1 million within 24 hours. As it proceeds, BlockDAG has shown immense growth potential and introduced innovative income streams for investors, including mobile mining and dedicated miner units, making it an attractive investment.

Furthermore, the launch of the BlockDAG X1 mobile app signifies a leap towards making cryptocurrency mining accessible on a global scale, offering daily mining of up to 20 BDAG coins. The project’s referral program further incentivizes community growth, promising a 10% bonus fostering a robust and engaging ecosystem.

The unveiling of BlockDAG’s V2 technical whitepaper at the Las Vegas Sphere event has amplified excitement around its potential. The whitepaper details the project’s approach to overcoming traditional blockchain limitations by incorporating DAG technology, ensuring enhanced transaction efficiency and scalability.

The Final Say 

As Lido witnesses a reduction in its Ethereum staking share and Shiba Inu gears up for a potential rally, BlockDAG stands out with its impressive presale and the promise of a monumental 20,000X ROI. The project’s innovative approach and the robust fundraising achievements thus far place it at the forefront of potential investments in the crypto space, aiming for a significant impact by 2024.

Invest In BlockDAG Now

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Ripple CEO Reveals Big Win Over SEC As Bitcoin And Crypto Starts To Recover

Bitcoin and the broader crypto market have started to pick up slowly following the recent…

13 hours ago

Akash Network (AKT) Soars with $140K Q1 Revenue; Analysts Predict 100% Gains as AI Cryptos NEAR, Raboo Surge

The Akash Network has kicked off the year with an impressive $140K in Q1 revenue. …

15 hours ago

Dogecoin (DOGE) Latest Updates: Doge 13% Uplift Rest On BTC Next Move, Here’s Why O2T Coin Is Different

While Dogecoin (DOGE)’s recent 13% uplift highlights the ongoing influence of Bitcoin (BTC) on altcoins,…

19 hours ago

BEFE Coin’s Triumph: Turning $100 into $300K

The BEFE coin has been rising in popularity recently due to its expanding networks of…

21 hours ago

BRISE Coin’s 7% Gain Triggers FOMO Among Traders

The world of crypto is very volatile, and trends can shift in the blink of…

21 hours ago

Blur Token Experiences Significant Unlock and Decline

Blur, a popular token in the crypto market, recently unlocked 35.54 million BLUR tokens, worth…

24 hours ago