As the cryptocurrency market stabilizes, Shiba Inu has dramatically increased its SHIB burn rate by 114%, aiming to decrease its supply to boost its value. At the same time, Dogecoin has achieved a 52-week high, propelled by strong bullish trends indicating potential for more growth.
Amid these dynamics, BlockDAG (BDAG) has emerged as a leader in the altcoin market with a groundbreaking $153 million presale. With the mainnet development in its audit phase and the BLACKFRIDAY150 offer closing on December 2nd, demand for BDAG remains extremely high, making it a standout in the cryptocurrency market.
Let’s Analyze Movements of SHIB, DOGE, and BDAG
SHIB’s Burn Rate Climbs 114%: Targeting $0.01 Per Coin?
Recently, the SHIB burn rate has soared by 114%, with 14.7 million SHIB tokens removed from circulation. This strategic reduction in supply is intended to enhance the token’s value by increasing its scarcity, considering the enormous total supply of over half a quadrillion tokens.
On Thursday, the burn rate escalated by an impressive 2225%, reflecting significant community engagement. In this context, prominent crypto analyst Luis Delgado, widely known as Del Crxpto, has speculated that SHIB could realistically hit the $0.01 mark soon.
Dogecoin’s Rally Hits Yearly Peak
This week, Dogecoin’s rally peaked at $0.4389, marking a 52-week high. From a starting point of around $0.10, its price has escalated to $0.3856, a 274% increase, exceeding the 61.80% Fibonacci retracement level. The momentum behind Dogecoin is supported by positive trends across key exponential moving averages.
With the rally ongoing, Dogecoin is approaching the $0.45 mark, or the 78.60% Fibonacci level. Breaking through this barrier could set the next target at $0.5690. The MACD and signal lines corroborate this bullish trend, with positive histograms reemerging.
BlockDAG’s BLACKFRIDAY150 Offer Draws Massive Interest
As the cryptocurrency market evolves, the SHIB burn rate is ramping up, and Dogecoin is hitting unprecedented levels, yet it’s BlockDAG that’s capturing widespread attention with one of the most successful crypto presales to date. Leveraging cutting-edge technology and a strong community-driven approach, BlockDAG has already raised over $153 million and sold more than 16.7 billion coins, showing no signs of slowing down in the competitive Layer 1 blockchain space.
Following the completion of its mainnet development, BlockDAG has moved into the audit phase, significantly enhancing its standing in the crypto community. Early adopters who participated in the initial presale batches have seen returns as high as 2240% by the time the 26th batch was announced.
As the BLACKFRIDAY150 offer draws to a close, both whales and retail buyers are rushing to increase their holdings, attracted by the promise of receiving 150% extra BDAG coins on each purchase, which is driving demand through the roof.
The clock is ticking on the BLACKFRIDAY150 deal, which ends on December 2nd. After this, the chance to acquire an additional 150% in BDAG coins will vanish. Those interested can still participate in the presale at the current rate of $0.0234 per coin in batch 26, but anticipate that this price will likely increase shortly.
Summing Up
As we conclude, the increased SHIB burn rate emphasizes Shiba Inu’s commitment to enhancing its value by reducing supply. Meanwhile, Dogecoin continues to attract attention with its consistent price increases and strong market trends.
However, BlockDAG sets itself apart with its sophisticated technology and a presale that has nearly reached $153 million. While SHIB and Dogecoin are showing solid performance, BlockDAG’s surging demand and the soon-to-expire BLACKFRIDAY150 offer position it as a prime choice for those looking to achieve substantial returns in the rapidly evolving crypto landscape.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
