BlockDAG Presale Nears $100M As Whales Put $10M in 3 Days! Shiba Inu’s Burn Rate Hits New Heights as Moo Deng Drops!
Shiba Inu (SHIB) has witnessed an extraordinary 1000% surge in its burn rate, with 6.54 million SHIBs eliminated from circulation in a single day. This has fuelled anticipation among market watchers of a possible price increase. As SHIB builds momentum, Moo Deng (MOODENG) is encountering challenges, with a 60% drop in value from its peak.
BlockDAG’s presale is creating a buzz in another part of the cryptocurrency spectrum. With substantial whale contributions totaling $10 million in just 72 hours, the presale has accumulated nearing $94 million, inching closer to the $100 million goal. This upswing could signal substantial gains for early participants as the demand for BDAG grows.
Shiba Inu’s Burn Rate Experiences Significant Increase
In a notable 24-hour period, Shiba Inu’s burn rate soared by over 1000%, removing approximately 6.54 million SHIBs from circulation. This increase and heightened network activity have ignited analyst optimism, with predictions of SHIB gearing up for a significant price increase.
One analyst has suggested that SHIB could significantly reduce its price decimal if it hits the $0.00003747 mark. Meanwhile, SHIB’s Futures Open Interest has climbed by 20%, reflecting rising demand, and its price has increased by 6% recently. With positive technical indicators and an uptick in holder activity, SHIB is expected to continue its upward trajectory shortly.
Moo Deng Experiences a Drastic Price Decline
Moo Deng has undergone a significant downturn, losing 60% in value after reaching its highest price point with diminished trading activity and investor confidence waning, and its price struggles to stabilize. Its Relative Strength Index (RSI) has dipped below 50, signaling bearish momentum, complicating potential recovery efforts.
Moo Deng now teeters on the critical support price of $0.124. Should it fall below this, prices might reduce further to $0.099. However, a rebound from this level could push it towards $0.180, potentially overturning the bearish outlook. The future of Moo Deng remains uncertain as traders closely monitor its movements.
Whales Add $10M in 72 Hours to BlockDAG’s Presale
BlockDAG’s presale is surging, having collected nearing $94 million as it nears the $100 million goal! Within just 72 hours, significant contributions from whales have added $10 million, sparking intense excitement.
This robust influx underscores confidence in BlockDAG’s prospects as increasing cryptocurrency enthusiasts stake their claims. With 13.9 billion coins already sold, BlockDAG is rapidly becoming a central topic in the cryptocurrency sphere.
The growing demand might set off a chain reaction, potentially boosting the value of BDAG coins as more traders rush to participate before prices increase. Early backers who secured their BDAG holdings in the initial batches are likely poised for significant gains as momentum behind BlockDAG continues to build. With a price of $0.0206 in batch 24, these early backers have enjoyed a 1960% return since batch 1.
As the presale moves closer to the $100 million mark, participants are clearly positioning themselves for possibly substantial profits. This key moment is a strategic opportunity, and savvy cryptocurrency traders see BlockDAG as one of the top cryptocurrencies to get into.
With time running out to secure BDAG before it hits the $100 million target and prices skyrocket, the excitement is undeniable. Those who move quickly could see their holdings dramatically increase in value.
The Bottom Line
With SHIB’s burn rate climbing and promising technical indicators, analysts are watching its next moves closely. Meanwhile, Moo Deng is facing a challenging period, and its recovery is still in the air.
However, BlockDAG is capturing attention as its presale nears the $100 million target, bolstered by significant whale contributions. Early participants are well-placed to benefit as this momentum could significantly elevate BDAG coin values over time.
Discover More About BlockDAG:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
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.
