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According to the sponsored content poster, recent Protocol news highlights a significant increase in dApp volume, while the price of Shiba Inu struggles with a significant drop. With an uncertain future, BlockDAG (BDAG) is likely to make an impact on the crypto market with its ambitious plans.
According to the sponsored content sender, BlockDAG, which has a partnership with PlusWallet and aims to raise $600 million, has already reached $53.3 million in pre-sale, but its future is wondered. With its strategic $100 million liquidity plan and early mainnet launch, it is wondered whether BlockDAG will be able to compete with NEAR and SHIB.
Close Protocol News: Significant dApp Volume Increase
Near Protocol (NEAR) experienced a significant increase in dApp volume last week, indicating increased user activity and engagement. This increase increases demand for the Near Protocol token and reflects strong network growth. However, despite this impressive performance, there are some hesitations in the market.
The sustainability of this growth remains uncertain and potential fluctuations could impact NEAR’s future. The growth of a vibrant ecosystem is expected to attract more developers and projects. However, cautious investors are unsure about the sustainability of this trend. Increasing activity is encouraging, but market sentiment remains cautiously optimistic.
Shiba Inu Price Poised for Potential Recovery Amid Market Pressure
Shiba Inu (SHIB) has lost 40% of its value over the past 40 days, reaching a high of $0.0000179 on June 23, down 4% in 24 hours and 16% on a weekly basis. SHIB and other meme coins have remained under pressure despite the market rally on June 19, with SHIB’s value falling to a 100-day low of $0.000028.
Investors’ withdrawal from meme coins contributed to the decline, but a reversal may be imminent as traders accumulate SHIB at lower prices. With a total of 5.2 trillion SHIB buy orders, analysts predict that the Shiba Inu price could rise to $0.000020 and possibly $0.0001553.
BlockDAG Partners with Plus Wallet
Sponsored With an uncertain future, BlockDAG is proving itself as a leading investment option, surpassing NEAR and SHIB with significant developments and strategic initiatives. BlockDAG has partnered with PlusWallet, enabling pre-sale participation with over 10 payment options including USDT, Ethereum, and BNB. This partnership increases accessibility and is claimed to elevate BlockDAG’s brand reputation.
Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before making any transaction!
According to the sponsored content poster, BlockDAG’s ambitious plans include raising $600 million by 2024 and injecting $100 million in liquidity to create a stable trading environment, reduce market volatility and attract new investments. To ensure stability, a vesting period was introduced for pre-sale coin holders and this period was completed with a gradual coin release. This strategic liquidity provision aims to reduce sudden market fluctuations by protecting against sharp price fluctuations that could deter new investments and disturb existing stakeholders.
Cryptocurrency investments are high-risk investments, there is a risk of investment loss, do your detailed research before making any transaction!
The updated roadmap reveals a mainnet launch four months earlier than planned, with pre-sale expected to conclude within four months. Analysts predict a 30,000-fold return potential for BlockDAG and emphasize that it is one of the best cryptos to buy in 2024.
Last word
While Near Protocol is showing impressive growth in dApp volume and Shiba Inu is struggling with price declines, BlockDAG is looking to become a player in the crypto market, with its future uncertain. Its strategic partnership with PlusWallet, ambitious plans to raise $600 million and pre-sales that have already reached $53.3 million underline its strong potential.
Providing $100 million in liquidity and early mainnet launch create a stable trading environment, making BlockDAG a more promising option than NEAR and SHIB.
Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before making any transaction!
Pre-sale: https://purchase.blockdag.network
Site: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before making any transaction!
