Shiba Inu Burn Rate Reaches 150% & BlockDAG Coin Demonstrates 5000x Potential

The Shiba Inu burn rate has recently risen by 150%, sparking a renewed interest in the meme coin and anticipation for an uptick in price. However, no such uptick in SHIB’s price has been reported as of yet in 2024. Therefore, we must explore the market further to discover the next crypto to explode. 

Today, we’re looking at a few key players, such as Polygon and Shiba Inu, but we’re also checking out a promising newcomer called BlockDAG Coin. This new presale has been said to be 6000 times faster than Bitcoin, with much more potential for price appreciation. Read on to learn more and find out its mining turnout.

Shiba Inu Burn Rate Surges To 150%

As we enter the second month of the year, the crypto market is ripe for established coins to make a comeback and for newcomers to carve a niche out for themselves. The Shiba Inu burn rate has skyrocketed by 150%, igniting FOMO among investors. But despite the increased burn rate, SHIB’s price remains stagnant, showcasing at once the resilience of this meme-inspired token and proving that it’s high time for investors to look elsewhere for explosive profit.

In recent hours, millions of SHIB tokens have been transferred to dead wallets, yet market response remains uncertain, with no significant uptrend observed. However, this volatility sets the stage for other top crypto coins, including the promising BlockDAG Coin, to shine. BlockDAG has already cleared the first batch of its presale with over a million dollars raised, and now the second batch is open for investors to hop on this money train before it leaves the station.

What Is The Next Crypto To Explode in 2024?

Analysts looking at the state of the crypto market have speculated that projects like Immutable X, Polygon, and Optimism are poised for explosive growth, fueled by positive developments and partnerships. Immutable X, for instance, focuses on scaling Ethereum-based NFT transactions, addressing one of the key challenges in the current market. Polygon offers a solution to Ethereum’s scalability issues, providing a layer-2 scaling solution that enhances speed and reduces costs. Similarly, Optimism aims to optimize Ethereum’s throughput and transaction speeds, improving user experience and accessibility.

These same analysts have been interested in BlockDAG Coin as this newcomer boasts unmatched speed, security, and scalability. BlockDAG’s design grants it a confirmation speed of 10 blocks a second, which is 6000 times faster than Bitcoin’s speed of one block every ten minutes. 

BlockDAG’s Home Mining Rigs’ Potential 

BlockDAG Coin (BDAG) has recently entered the spotlight after raising a million dollars with its first batch. More than just a crypto presale, BlockDAG also offers mining rigs that can mine up to 2000 coins a day. Additionally, BlockDAG comes equipped with a mobile mining app that allows users to mine on the go without expending their battery life or memory.

BlockDAG X-Series home mining rigs offer varying levels of coin generation corresponding to different mining options. At its basic level, BDAG X1 generates 20 coins daily, equivalent to $1 per day at launch. Scaling up, BDAG X10 increases the daily coin yield to 200, worth $10 per day. The BlockDAG X30, a home mining rig, amplifies the daily output to 600 coins, corresponding to $30 daily. Finally, the BDAG X100 generates 2,000 coins daily, resulting in a $100 daily return at launch. These mining options offer investors opportunities tailored to their desired level of investment and potential return.

Positioned for industry-leading speeds and security, BlockDAG Coin’s transparent roadmap and community engagement strategies cement its status as a transformative force in the crypto landscape. So, don’t miss out on this exciting new project.

The Shiba Inu burn rate spike has failed to produce the desired effect for SHIB, but that doesn’t mean other coins will follow suit. The crypto market is primed for exponential growth in 2024, driven by industry veterans and newcomers alike. As investors look for potential options, BlockDAG Coin emerges as a lucrative opportunity, offering innovative technology, diverse income streams, and a roadmap for success. 

Visit BlockDAG Coin’s Website To Learn More Today:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetwork

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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.