As the race to identify the top crypto for 2024 intensifies, a few projects take center stage.
SHIB’s current supply has sparked debate, with Shiba Inu’s lead developer suggesting that a 99% token burn might soon be possible, provided the ecosystem achieves greater adoption. At the same time, Dogecoin price prediction is making headlines, with its recent rally driving speculation about a breakout to $0.50.
Joining the spotlight, BlockDAG (BDAG), a Layer 1 blockchain powered by the BDAG coin, has raised $20 million in just 48 hours as part of its impressive $155 million presale total. With such rapid growth, BlockDAG’s presale is attracting attention from both whales and retail crypto holders.
Lead Developer Eyes 99% Token Burn of SHIB’s Current Supply
Shiba Inu’s lead developer, Shytoshi Kusama, recently addressed the community about the potential to eliminate 99% of SHIB’s current supply. While this ambitious goal is now achievable through collaborative efforts within the ecosystem, Kusama emphasized the necessity of broader adoption of Shiba Inu’s technology by major players to ensure success.
He also warned of potential challenges, such as how reducing SHIB’s current supply could increase token prices, limiting accessibility for users. Kusama reiterated that adoption and real-world use cases remain pivotal to the ecosystem’s growth and sustainability.
Dogecoin Price Prediction: Is $0.50 the Next Target?
Dogecoin’s recent surge has captured attention, with its price climbing 150% over the past month to $0.3975. This momentum, partly driven by Elon Musk’s influence and speculation around Tesla payments, has pushed Dogecoin’s market cap above $56 billion.
Current chart analysis suggests immediate resistance at $0.4393, with a potential breakout leading to the $0.50 psychological level. However, support at $0.3511 and $0.2779 offers downside protection. As market optimism grows, Dogecoin price prediction hinges on overcoming resistance while maintaining buying interest, signaling both opportunities and risks for traders.
Whales Load Up on BlockDAG, Drive $20M Surge in 48 Hrs
BlockDAG, a cutting-edge Layer 1 blockchain powered by the BDAG coin, is making a significant mark in the crypto world. The BDAG coin is currently in its presale batch 26, which is now approaching a massive sellout.
In just 48 hours, the project raised $20 million—a significant portion of the $155 million accumulated so far—marking it the fastest-growing crypto presale in history.
This rapid success isn’t coincidental. Whales are heavily accumulating BDAG coins, fueling demand and reinforcing confidence in the project. This level of demand has pushed sales to over 16.7 billion BDAG coins, with analysts predicting that BlockDAG’s $600 million presale goal may be achieved sooner than expected. Early access to the coins is narrowing quickly, and the opportunity to secure BDAG at the current presale price could soon disappear.
Priced at $0.0234 in the current batch 26, BDAG has already surged by an astounding 2240% from its starting price of $0.001 in batch 1. With each batch, the price increases further, adding urgency for those looking to join this rapidly growing project. For potential holders, acting now means being part of a game-changing layer 1 project before the presale fully concludes.
In Summary
The news about SHIB’s current supply burn highlights ambitious plans to reduce tokens drastically, but it hinges on achieving widespread adoption, which remains a challenge. And although Dogecoin’s price prediction is generating excitement, with its potential breakout to $0.50, this meme coin’s future relies massively on speculation and social media hype.
However, BlockDAG offers a more compelling opportunity. As a leading Layer 1 blockchain, it provides a solid foundation for long-term growth, with its presale already raising $155 million, $20 million of which was raised in just 48 hours!
Currently priced at $0.0234—up 2240% from its initial batch—BlockDAG’s upward momentum is undeniable, making it the top crypto for 2024. With each batch increasing in price, early participants stand to benefit the most. For those looking for sustainability and growth, BlockDAG’s presale presents a unique chance before prices climb even higher.
Presale | Website | Telegram | Discord
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post BlockDAG Whales Have Done It Again: Presale Raises $20M in 48HRs! SHIB’s Current Supply To Shrink 99%, DOGE Rallies appeared first on CaptainAltcoin.
