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BlockDAG Drops Shiba Inu Burn Rate and Dogecoin Price Rises to $23.2 Million with the Launch of New Payment Methods.
As the Shiba Inu burn rate rises and the price of Dogecoin grows, BlockDAG (BDAG) presale has reached impressive levels, reaching over $23.2 million as it rapidly approaches its tenth batch sale. This increase underscores its potential to eclipse the top meme coins. BlockDAG also announced ten new payment options for purchasing BDAG coins, allowing investors to purchase their own coins using Bitcoin, Kaspa, and other coins. While #Shiba Inu and #Dogecoin have shown notable trends, BlockDAG's dramatic increase in pre-sale numbers points to more vital market traction.
The #ShibaInu burn rate witnessed a significant increase, increasing by 90% in just one day, resulting in the permanent removal of over two million SHIB tokens from circulation. This increase in Shiba Inu burn rate is part of ongoing efforts to make #SHIB tokens less scarce, thus potentially increasing their value.
Despite the current decline in its price amid the overall market downturn, the Shiba Inu's sustained burn rate may signal an impending recovery. Moreover, continuous development and upgrades to Shiba Inu's Shibarium platform aimed at improving trading efficiency and user experience may further complement the increase in Shiba Inu burn rate, possibly triggering a price increase in the future.
Dogecoin's price currently stands at $0.127, showing a modest daily increase of 1.84% but facing significant weekly declines of 15.49% and monthly declines of 32.10%. Despite these fluctuations, Dogecoin achieved significant annual growth of 61.58%, maintaining a strong market value of $1.92 billion and ranking 8th among cryptocurrencies.
