Shiba Inu investors are optimistic about the recent price forecast, while BNB holders are eyeing a bullish trend. As the market begins to recover, newer projects with strong potential are drawing more attention. Among them, BlockDAG has quickly become a standout, capturing inflows that surpass some market leaders. BlockDAG, a cutting-edge Layer 1 network, is cruising through its presale with over $77 million raised so far. The popular BDAG50 bonus code, launched ahead of a major rebrand, is fueling further growth. With many traders already taking advantage, BlockDAG is gaining momentum as one of the top cryptos to buy in 2024, making it a project worth watching closely.
Shiba Inu Price Forecast and Recent Performance
Shiba Inu (SHIB) has seen a 10% increase in price over the past week, currently trading around $0.00001472. Analysts and traders are hopeful about further gains, with some like JAVON MARKS predicting that SHIB could reach $0.000081 by the end of 2025. Another trader, pepa, suggested that SHIB might even erase two zeros from its price, though this would require its market cap to hit $800 billion—a highly unlikely scenario given that only Bitcoin has reached such a figure.
A key factor supporting the optimistic Shiba Inu price forecast is its burn mechanism. Over the last seven days, more than 43 million SHIB tokens were burned, leading to an 800% increase in the burn rate. If this trend continues, reduced supply could push prices higher, provided demand remains strong.
BNB Bullish Trend and Market Sentiment
BNB has recently seen a price surge, climbing 3% after the US Federal Reserve cut interest rates, its first reduction since 2020. Over the past 13 days, BNB’s price has jumped by 14%, giving holders hope that it could soon surpass the $600 mark. However, despite this BNB bullish trend, some traders remain cautious, particularly in the futures market. The funding rate for BNB futures has stayed negative at -0.001%, signaling skepticism about the sustainability of the current rally.
With ongoing market uncertainty, many BNB holders are beginning to explore alternative opportunities. While BNB has shown resilience in recent weeks, the negative sentiment in futures trading highlights a potential pause in its upward momentum. As a result, some investors are looking to newer projects, like BlockDAG, for better growth prospects during this market phase.
BlockDAG’s Rebrand and BDAG50 Bonus Code
BlockDAG is preparing for a major rebrand that will introduce exciting updates to its website and platform. To celebrate this upcoming change, the network has launched a 50% bonus on all coin purchases. Buyers can use the code ‘BDAG50’ at the time of purchase to take advantage of this offer. The bonus promotion runs until October 14th and has already attracted significant attention.
Many traders are seizing this opportunity, contributing to BlockDAG’s impressive presale success. The project has raised over $77 million so far, demonstrating strong confidence in its potential. With its innovative technology and growing community, BlockDAG is positioning itself as a top crypto to buy in 2024.
Adding to the excitement, BlockDAG will launch its Testnet and blockchain Explorer on September 20th, 2024. This milestone brings the network one step closer to its Mainnet release. The Testnet gives the community a first look at the blockchain, allowing users to experience its capabilities firsthand.
The Testnet launch includes several key features: a Blockchain Explorer for detailed block information, a Blockchain Faucet to mint BDAG coins, MetaMask Wallet Connect for sending and receiving coins, and sample SmartContracts for testing. These tools enable users to explore transactions, test smart contracts, and engage with the network in real time. With these developments, BlockDAG is offering a hands-on experience that sets it apart in the crypto space.
Final Take
While Shiba Inu’s burn mechanism and the BNB bullish trend grab attention, BlockDAG is making a strong case for being the top crypto to buy in 2024. With over $77 million raised in its presale, BlockDAG is surging ahead with its upcoming rebrand and BDAG50 bonus code, offering buyers a 50% bonus until October 14th. The Testnet launch on September 20th will allow users to explore BlockDAG’s features, further boosting confidence in the network’s potential. As Shiba Inu price forecasts and BNB’s resilience dominate headlines, BlockDAG stands poised for substantial returns.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
