Shiba Inu (SHIB) has seen a significant increase in its burn rate by 114%, reducing its circulating supply and potentially enhancing its value. The growing SHIB burn rate aims to minimize its token supply of over half a quadrillion, making them more scarce. Analysts speculate that this could lead to SHIB reaching $0.01 per coin.
Dogecoin (DOGE) has hit a 52-week high of $0.4389, marking a strong bullish trend and 274% increase from its price around $0.10. Dogecoin’s momentum is supported by its key exponential moving averages and the potential for further growth to $0.45 or the 78.60% Fibonacci level. BlockDAG (BDAG) has taken the lead among altcoins with its record-breaking $151 million presale, nearing completion with more than 16.6 billion coins sold.
The Layer 1 blockchain project has completed its mainnet development and is in the audit phase, increasing its credibility. Early backers of BDAG have seen an ROI of 2240% since batch 26’s launch. With the BLACKFRIDAY150 offer ending on December 2nd, BlockDAG’s demand remains sky-high, positioning it as a popular cryptocurrency.
In summary, while both SHIB and Dogecoin show promising moves, BlockDAG’s growing demand and expiring BLACKFRIDAY150 bonus offer make it a strong contender for securing significant gains in the cryptocurrency market.
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<p>The post Shiba Inu Burn Rate Surges 114%, Dogecoin Hits 52-Week High: BlockDAG Steals the Altcoin Show first appeared on CoinBuzzFeed.</p>
