The cryptocurrency arena is buzzing with developments from several key projects. Binance Coin (BNB) hints at a bullish surge as it braces for a strong finish to the year, whereas Shiba Inu (SHIB) struggles with a recent price fall and reduced adoption of its Layer 2 scaling solution, Shibarium.
In parallel, BlockDAG is capturing the market’s attention with a fleeting 50% bonus on BDAG coin purchases, just before its new platform launch on October 14. The BlockDAG presale has escalated impressively to over $84.5 million with 13.6 billion coins sold, suggesting promising returns for early backers.
As the landscape of crypto investments shifts, these projects are becoming focal points for traders and analysts. Which will emerge as stellar long-term crypto investments? Let’s explore.
Binance Coin (BNB) is showing signs of an imminent bullish phase as it gears up for a vigorous fourth quarter. Despite facing regulatory hurdles, BNB remains a dominant cryptocurrency, boasting a market cap of over $88 billion. In the past two months, BNB has developed a strong reversal pattern, with its price recently up by 2%, climbing to $608.
Market analysts believe this upward trend might persist, especially if BNB ends the month above $600. Key technical indicators, such as an inverted head and shoulders pattern and robust RSI, point to potential for a new peak, possibly reaching $921. Speculation about an early return of Binance founder CZ is also stirring positive sentiment throughout the crypto community.
Shiba Inu (SHIB) is currently facing difficulties as its price has declined by nearly 3%, now trading at $0.00001466. This drop coincides with dwindling adoption of Shibarium, SHIB’s Layer 2 solution intended for quicker, cheaper transactions. Recent data indicates a stall in both active accounts and transaction volumes on Shibarium, sparking concerns about SHIB’s future trajectory.
Once teeming with over $1 billion staked in ShibaSwap, that figure has sharply declined to just $15 million, signaling eroding confidence. Absent a resurgence in community involvement or innovation, market forecasters anticipate further price drops for SHIB, potentially up to 8% soon.
As the clock ticks down on BlockDAG’s short-lived 50% bonus using the code BDAG50, set to end on October 14, the same day as the launch of its new platform, buyers are eagerly capitalizing on this opportunity to enhance their holdings.
The enthusiasm for BlockDAG is peaking as the offer nears its end. With the current BDAG price at a mere $0.0192, holders are quickly taking advantage of the bonus. The presale has soared to over $84.5 million, with more than 13.3 billion coins distributed since the initial batch.
Now in Batch 23, as BlockDAG prepares for its rebranding, those purchasing early are well-placed to reap benefits from the anticipated demand surge. The rapid influx of new participants into the BlockDAG ecosystem is likely to deplete the remaining coins in this batch, propelling the presale momentum. As each batch sells, the price increases, suggesting that purchases made today could yield substantial future benefits. Crypto analysts predict a staggering 20,000x ROI for early adopters.
Traders are converging on BlockDAG, eager to seize this unique opportunity to bolster and advance their stakes. The BDAG50 offer is fleeting, with October 14 marking the dawn of a new phase in BlockDAG’s evolution.
The crypto sphere is fraught with volatility, as evidenced by the downturn in SHIB, which has led to reduced activity and adoption of the coin. Conversely, Binance and BlockDAG present a contrasting scenario. Market watchers are noting BNB’s bullish indicators and BlockDAG’s intriguing offerings. These tokens are generating buzz within their communities.
BlockDAG consistently shows its commitment to early supporters by continuously rewarding their loyalty. With recent strategic moves like the launch onto the Testnet, numerous giveaways, and now a limited-time 50% bonus on each coin purchase, BlockDAG reinforces predictions of a 20,000x ROI. The barrier to entry is low, now enhanced with additional benefits for those who participate early.
Learn About BlockDAG – Act Now Before Prices Increase:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content. |
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