This is a sponsored article.
In a dramatic turn of events, Shiba Inu’s burn rate has surged by 3,700% within a single day, suggesting a promising future for SHIB prices while massive accumulations by whales have sharply reduced XRP’s available supply.
Despite these significant developments, they pale in comparison to the buzz generated by BlockDAG’s $2 million giveaway, now nearing its conclusion with just 39 days left.
Already, the giveaway has drawn a staggering 91,500 entries, creating a fervor among digital currency enthusiasts eager for a piece of the prize. Additionally, BlockDAG’s referral program, which offers a 10% bonus to investors for referrals, is rapidly expanding the community.
SHIB Price Forecast: Burn Rate Soars
In a stunning 24-hour period, Shiba Inu’s burn rate has increased by 3,700%, indicating a potential price increase. Over 300 million SHIB tokens have been removed from circulation, which could propel SHIB towards the $0.001 target.
According to Shibburn, a significant number of tokens were burned, while IntoTheBlock reports a 65% increase in daily active addresses on Shibarium, pushing transaction volumes up by 181%. Despite stable trading at $0.0000170, the Relative Strength Index indicates a balanced market, keeping investor hopes alive for a potential rally.
XRP Supply Declines: Whales Accumulate
The XRP supply is in the spotlight as on-chain data shows a boost in whale activities and a reduction in exchange supplies. Over the past month, 20 new whales have emerged, each accumulating between 1 million to 10 million XRP tokens.
Although XRP’s price has only slightly increased by 0.4% to $0.478, daily trading volume has risen by 42% to $770 million. A 30% increase in exchange inflow suggests some are taking profits, but with a 564% increase in exchange outflow, new investors are still entering the market.
BlockDAG’s $2M Giveaway for Lucky Participants
BlockDAG, the leading cryptocurrency, has delivered an astounding 1,300% ROI for its early investors, with its valuation skyrocketing from $0.001 in its first batch to $0.014 in the 19th batch. The platform has successfully sold 12 billion BDAG coins, amassing an impressive $57.6 million in presale revenue.
The buzz around BlockDAG’s $2 million giveaway is palpable across the cryptocurrency community, promising a part of this substantial prize to 50 fortunate winners. To be eligible for the draw, participants need to be part of the BlockDAG presale and hold a minimum of $100 in BDAG. With 91,500 entries already and just 39 days remaining, now is the prime time to get involved in this lucrative giveaway.
To participate, individuals should begin by following BlockDAG on social media, then proceed to submit a wallet address, complete all quests to enhance their odds and encourage friends to join for extra entries. The winners will be selected randomly and announced across BlockDAG’s platforms. Every action participants take boosts their chances of being among the 50 winners, especially as the deadline nears and those who engage early and often are more likely to succeed.
In addition, the BlockDAG Network offers a promising referral program, presenting another opportunity for substantial gains. Investors are invited to bring their networks into the BlockDAG presale and receive a 10% referral bonus based on the total investments their referrals make.
All are urged to take part and enjoy the excitement. Whether by securing a prize in the giveaway or reaping benefits from referral bonuses, the BlockDAG Network offers numerous chances for meaningful rewards.
In a Nutshell
With SHIB’s price forecast showing potential for growth and XRP’s supply dwindling, the market is caught between high hopes and cautious optimism. Yet, the excitement centers on BlockDAG’s $2 million giveaway, drawing a large number of participants eager to seize this unique opportunity.
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 sponsored content is not a part of NFTgators’ editorial views and is not an investment advice. Do your due diligence before making any decision.