Shiba Inu increases its SHIB burn rate by 114% as the market settles down, reducing supply to enhance value. Meanwhile, Dogecoin hit a 52-week high, maintaining strong momentum with bullish trends pointing to further growth.
However, BlockDAG (BDAG) takes the “altcoin lead” with its record-breaking $151 million presale, just moments away from $151 million. With its mainnet development currently in the audit phase and the BLACKFRIDAY150 offer ending on 2nd December, the demand for BDAG remains sky-high, positioning it as one of the most popular crypto coins.
Let’s examine how these three coins move and which might explode next.
SHIB Burn Rate Soars 114%: Is $0.01 Per Coin Coming?
The SHIB burn rate has recently surged by 114%, eliminating 14.7 million SHIB tokens from circulation. This effort decreases the available supply, potentially boosting the token’s market value. This rising SHIB burn rate aims to minimize the massive supply of over half a quadrillion tokens, enhancing their scarcity.
Just this Thursday, burns spiked by an impressive 2225%, a sign of strong community participation. Amidst the ongoing burns, renowned crypto analyst Luis Delgado, popularly known as Del Crxpto, suggests that SHIB could realistically reach $0.01.
Dogecoin’s Bull Run Brings a 52-Week High
The Dogecoin bull run marks a new high this week, reaching $0.4389, a 52-week peak. Starting from around $0.10, the price has surged to $0.3856. This represents a 274% jump, surpassing the 61.80% Fibonacci level. Dogecoin shows strong momentum, backed by positive trends in key exponential moving averages.
As Dogecoin’s bull run continues, the meme coin is nearing the $0.45 mark or the 78.60% Fibonacci level. If it breaks through, the next target could be $0.5690. The MACD and signal lines also support this bullish trend, with positive histograms reappearing.
Holders Rush to Claim BlockDAG’s BLACKFRIDAY150 Offer
As the SHIB burn rate drives its market upward and Dogecoin reaches new heights, BlockDAG steals the spotlight as one of the best crypto presales. Its advanced technology and community-driven approach are breaking all crypto records. With over $151 million raised in its ongoing presale and more than 16.6 billion coins sold, this Layer 1 blockchain beast seems unstoppable.
BlockDAG has completed its mainnet development and is now in the audit phase. This significant step has strengthened its credibility. Early backers who trusted the project while it was still in presale batch 1 saw an ROI of 2240% when BDAG’s batch 26 kicked off.
Adding to the excitement, whales and retail holders are now bulk-buying BlockDAG with the BLACKFRIDAY150 offer ending. This bonus offers 150% extra BDAG coins on every purchase, further skyrocketing BlockDAG’s demand.
The BLACKFRIDAY150 offer will expire on the 2nd of December, and once it ends, the chance to get 150% extra BDAG coins will be gone forever. Holders can join BlockDAG’s presale at the current price of $0.0234 in batch 26. However, this price is expected to shoot up soon.
Wrapping Up
As the discussion ends, the SHIB burn rate highlights Shiba Inu’s strong push toward reducing supply and enhancing value. Meanwhile, the Dogecoin bull run continues to capture attention with its steady price surge and bullish trends.
However, BlockDAG quietly sets itself apart with its advanced technology and record-breaking presale, nearing $151 million. While popular crypto coins like SHIB and Dogecoin show promising moves, BlockDAG’s growing demand and expiring BLACKFRIDAY150 bonus offer make it the best option for securing the biggest gains in crypto’s history.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Source: https://www.cryptonewsz.com/shib-burn-rate-and-dogecoin-bull-run-vs-blockdags-151m-presale/