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BlockDAG Rises Above, Surpassing Shiba Inu and BNB as 2024’s Crypto Star

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Unlock 50% More BDAG Coins in Rebranding Bash: Exceeding Shiba Inu and BNB Market Movements

Shiba Inu backers are riding high on fresh price predictions, while BNB enthusiasts watch a bullish trend gather steam. As the market stirs back to life, emerging projects flaunting strong prospects are turning heads. Among these, BlockDAG stands out, drawing buyers that eclipse some market pioneers. As a trailblazing Layer 1 network, BlockDAG is sailing through its presale with a staggering $78 million already in the bank. The launch of the popular BDAG50 bonus code, just before a significant rebrand, is sparking even more growth. With a wave of traders already capitalizing on this, BlockDAG is gaining speed as a top crypto contender for 2024, making it a project under the spotlight.

Shiba Inu Price Forecast and Recent Surge

Shiba Inu (SHIB) has notched a 10% rise in its price over the last week, now trading at about $0.00001472. Analysts and market watchers are bullish, with voices like JAVON MARKS suggesting SHIB could climb to $0.000081 by end of 2025. Another market player, pepa, thinks SHIB might slash two zeros off its price, though this would need its market cap to soar to $800 billion—a summit only Bitcoin has scaled.

Fueling this bullish outlook for Shiba Inu is its robust burn mechanism. Over the past week, upwards of 43 million SHIB tokens have been incinerated, boosting the burn rate by a whopping 800%. Should this fiery trend hold, a dwindling supply could catapult prices, assuming demand keeps pace.

BNB’s Price Leap and Market Watch

Recently, BNB has witnessed a price jump, escalating 3% post the US Federal Reserve’s interest rate cut, the first since 2020. Over the preceding 13 days, BNB’s value has surged 14%, sparking hopes among holders of soon topping the $600 mark. Yet, despite this climb, a hint of caution persists, especially in the futures market. The negative funding rate of -0.001% for BNB futures hints at skepticism concerning the rally’s endurance.

Amid this uncertainty, many BNB holders are scouting for fresh avenues. Although BNB has stayed resilient, the cautious sentiment in futures trading suggests a possible slowing of momentum. Hence, some investors are eyeing new ventures like BlockDAG, which promise more robust growth prospects during this market revival.

BlockDAG’s Brand Revamp and BDAG50 Bonus Code

BlockDAG is on the brink of a major rebrand aimed at revitalizing its platform and website. To celebrate this transformation, the network has launched a 50% bonus on all coin purchases with the code ‘BDAG50’, valid until October 14th. This promotion has garnered significant attention.

Adding to this momentum, BlockDAG has already achieved remarkable fundraising success, having raised more than $78 million and sold over 13.2 billion BDAG coins across 23 batches. Each batch has witnessed a price increase, with the current price at $0.0192—marking an impressive 1820% growth from the initial price of $0.001. Experts are predicting that early backers could see returns as high as 20,000 times their initial stake.

This presale success has bolstered BlockDAG’s reputation, showcasing strong market faith in its trajectory and affirming its position as a leading crypto buy for 2024. The recent launch of its Testnet and blockchain Explorer is already bringing the network closer to its Mainnet debut, offering the community a practical experience of the blockchain’s capabilities.

The Testnet introduces essential tools such as a Blockchain Explorer for detailed block information, a Blockchain Faucet for minting BDAG coins, MetaMask Wallet Connect for handling transactions, and sample SmartContracts for testing. These features are designed to allow users to explore transactions, test smart contracts, and interact with the network in real-time, setting BlockDAG apart in the competitive crypto landscape.

Final Insight

While Shiba Inu’s burning strategy and BNB’s bullish wave capture minds, BlockDAG is carving a niche as the foremost crypto to snag in 2024. With over $78 million pocketed in its presale, BlockDAG is powering forward with its imminent rebrand and the BDAG50 bonus code, offering a 50% bonus until October 14th. The forthcoming Testnet launch on September 20th will open up BlockDAG’s functionalities to users, boosting confidence in its potential. As headlines focus on Shiba Inu’s forecasts and BNB’s tenacity, BlockDAG is set to deliver remarkable gains.

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.