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The crypto market is witnessing a resurgence from the correction phase, with the BTC price back to $67,000 level. However, Ethereum (ETH) price is still in downtrend, down on daily, weekly, and monthly charts. On the flipside, SHIB stands poised for a major rally, with a possibility to reach $0.000044 soon.
BlockDAG on the other hand has emerged as a definite standout, with analysts predicting a 20,000x ROI potential. With $13.2M already raised in its presale and a clear path toward a $600M fundraising goal by the end of 2024, BlockDAG is enticing ETH and SHIB investors to join its presale journey.
Lido’s Market Share in Ethereum Staking Down to 29.57%
Lido’s market share in Ethereum staking has decreased to 29.57% from 32% in December 2023, amid a surge of Ether stakers, reducing concerns about Lido’s dominance in the ecosystem. Other key contributors to Ethereum staking include Coinbase (14.04%), Binance (3.75%), and Kiln (3.5%), with an “unidentified” entity holding 16.9% of the market.
This shift comes as the community has expressed worries over any single entity controlling more than 33% of the market, which could potentially impact the Ethereum blockchain’s operations.Meanwhile, Ethereum (ETH) price is lagging behind the market, down on daily, weekly, and monthly time frames respectively.
Shiba Inu Price Prediction
Shiba Inu (SHIB), despite trailing behind Dogecoin (DOGE) with an 8% price decline last week, might be on the brink of a major rally, according to analyst’ Shiba Inu price prediction. The analyst points out a symmetrical triangle pattern on the 6-hour chart, suggesting a potential bullish outcome for SHIB, with a possibility of a 2X rally to reach $0.000044, although this would still be below its all-time high.
Additionally, SHIB has seen a significant increase in token burns, with over 15.5 billion tokens destroyed, marking a 2,300% rise from February, reflecting heightened activity in its ecosystem. This surge in token burns coincides with SHIB being moved in a large transaction from KuCoin to an unknown address following the exchange’s legal issues with US regulators over AML and KYC compliance.
BlockDAG Pulls In Investors With 20,000x ROI
BlockDAG (BDAG) has rapidly ascended to a leading position in the presale market, securing an impressive $13.2 million in its presale and an additional $2 million through sales of its crypto mining rigs. As the project initiates the advent of its seventh batch, priced attractively at $0.004 per BDAG, experts predict its presale to sell out in just three months. In terms of its ROI potential, BlockDAG is projected to blow up 20000X, positioning it as a highly attractive investment opportunity.
Highlighting its focus on accessibility and user engagement, BlockDAG has launched the BlockDAG X1 mobile app, making crypto mining accessible to people globally and paving the way for new passive income streams within the crypto domain. The app’s capacity to mine up to 20 BDAG coins daily represents a revolutionary step in democratizing crypto mining. Furthermore, BlockDAG’s strategy to engage its community, offering a 10% referral bonus, cultivates a mutually beneficial relationship with its user base, driving both growth and a thriving project ecosystem.
The recent showcase of BlockDAG post the launch of its V2 technical whitepaper at the Las Vegas Sphere has generated massive buzz around the project, attracting a significant surge of investment into the project’s presale. In this whitepaper, BlockDAG laid out how it plans to tackle the major limitations faced by traditional blockchain networks, namely scalability, throughput, cost, and transaction delays during peak periods. To achieve this, BlockDAG leverages the Directed Acyclic Graph (DAG) technology, facilitating simultaneous processing of transactions, thereby enhancing efficiency, minimising wait times, and maximising scalability.
Final Words
Lido’s market share in Ethereum staking is down to 29.57% as Shiba Inu eyes a major rally. Outshining these developments, BlockDAG (BDAG) has emerged as a prime investment opportunity in the presale market, pioneering groundbreaking DAG technology and standing poised for a jaw-dropping 20,000X ROI potential. Having raised $13.2M so far in its presale, the project shows no signs of slowing down, setting its sights on the $600M fundraising target by the end of 2024.
Join BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This sponsored content is not a part of NFTgators’ editorial views and is not an investment advice. Do your due diligence before making any decision.
