Crypto News: Dogecoin & Shiba Inu Fans Awestruck as BlockDAG’s Leadership Reveal Rockets Presale to $61.3M
The post Crypto News: Dogecoin & Shiba Inu Fans Awestruck as BlockDAG’s Leadership Reveal Rockets Presale to $61.3M appeared on BitcoinEthereumNews.com.
As the cryptocurrency market recovers from a rocky start to the year, Dogecoin (DOGE) celebrates a major milestone and the Shiba Inu community remains active. Meanwhile, cryptocurrencies like ADA and TON show bullish signs. Amid these events, BlockDAG, a layer-1 blockchain project, has surged in popularity, its presale reaching a remarkable $61.3 million. The recent unveiling of BlockDAG‘s CEO and team has solidified its position as a top investment choice, prompting experts to suggest it might be the next crypto to hit the $1 mark. Dogecoin Celebrates Growth in Wallet Addresses Dogecoin (DOGE), a well-known meme coin, has surpassed 90 million wallet addresses, marking a significant milestone. This growth underscores the increasing adoption of DOGE during a broader market recovery. The rise in wallet addresses highlights Dogecoin’s enduring popularity, fueled by both individual investors and exchanges. The surge in DOGE addresses aligns with a 15% price increase over the past week. This uptick reflects renewed investor optimism and a strong correlation between growing interest and market performance. Analysts are bullish on Dogecoin’s future, with some predicting it could reach the $1 mark in the long term. As the number of addresses continues to grow, Dogecoin solidifies its role as a key player in the cryptocurrency ecosystem. The Shiba Inu community has launched a new initiative, starting a petition for Binance to burn 1% of all Shiba Inu transaction fees daily. This move aims to decrease the token’s supply, potentially increasing its price. Over 100 community members have already signed the petition, strongly supporting this strategy. This proactive step follows successful campaigns like the token’s listing on Robinhood and demonstrates the community’s dedication to increasing SHIB’s value. BlockDAG’s Impressive Rise BlockDAG (BDAG) has emerged as a key player in the cryptocurrency market, demonstrating an impressive presale performance. Raising over $61.3 million,…
Filed under: News - @ July 28, 2024 3:16 am