In a dramatic turn of events, Shiba Inu’s burn rate has surged by 3,700% within a day, propelling a bullish outlook for SHIB, while significant acquisitions by whales have drastically reduced the available supply of XRP.
These gripping updates pale in comparison to the buzz generated by BlockDAG’s $2 million prize pool, destined for 50 fortunate participants. With just 39 days left, this contest has attracted a staggering 87,409 entries, igniting a frenzy among crypto enthusiasts eager to claim their share. Additionally, BlockDAG’s enticing referral scheme offers a 10% bonus, significantly expanding its community.
SHIB’s Price Forecast: Unprecedented Token Burn
Shiba Inu’s token burn has escalated remarkably, disappearing over 300 million SHIB tokens and setting the stage for a potential price increase to $0.001. Data from Shibburn shows an extensive burn event, and IntoTheBlock reports a 65% increase in active daily addresses on Shibarium, which has boosted transaction volumes by 181%.
Despite SHIB’s stable trading price of $0.0000170, the Relative Strength Index (RSI) indicates ongoing contention between buyers and sellers, suggesting that SHIB may be gearing up for a significant rally.
XRP’s Tightening Supply: Whales Stock Up
The supply of XRP is experiencing significant changes, with whale transactions on the rise and dwindling exchange reserves. Recent data indicates that 20 new whale accounts have emerged, each acquiring between 1 million and 10 million XRP tokens.
Although XRP’s price has only slightly increased by 0.4% to $0.478, daily trading volumes have jumped by 42% to $770 million. A 30% increase in exchange inflows points to some profit-taking, but with exchange outflows up by 564%, new investments are steadily flowing in, possibly setting the stage for a price boost.
BlockDAG’s $2M Giveaway Attracts Massive Participation
BlockDAG, the leading cryptocurrency, has delivered an impressive 1,300% ROI to its initial investors, with its valuation soaring from $0.001 to $0.014 across 19 batches. The platform has successfully sold around 12.1 billion BDAG coins, amassing an impressive $57.6 million in presale revenue.
The buzz around BlockDAG’s $2 Million Giveaway continues to grow, positioning it as a major topic of discussion in the cryptocurrency community. This giveaway offers 50 participants a chance to win a share of this substantial prize. To be eligible, entrants need to partake in the BlockDAG presale and hold a minimum of $100 in BDAG coins. With 87,409 entries already logged and only 39 days remaining, now is the prime time to join this exhilarating contest.
Participation is straightforward: begin by following BlockDAG on social media, submit a wallet address, complete all designated tasks to maximize your odds, and encourage friends to join for additional entries. Winners will be randomly selected and their names will be announced on BlockDAG’s official platforms. The more actively participants engage, especially early on, the better their chances of becoming one of the 50 lucky winners as the deadline draws near.
BlockDAG Network also extends an opportunity for further financial gain through its profitable referral program. Investors can boost their potential earnings by inviting their contacts to join the BlockDAG presale, earning a 10% bonus on the investments made by their referrals.
Everyone is invited to take part and enjoy the potential benefits. Whether it’s securing a win in the giveaway or reaping rewards from referral bonuses, BlockDAG Network offers multiple avenues for achieving significant returns.
Summary
With SHIB’s price on the rise and XRP’s supply decreasing, the cryptocurrency market is caught between high hopes and potential setbacks. Yet, the spotlight remains firmly on BlockDAG, with its exciting $2 million giveaway soon concluding. With over 87,409 participants already in the race, now is the perfect time to join and enhance your chances of winning this incredible prize.
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Website: https://blockdag.network
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Discord: https://discord.gg/Q7BxghMVyu
