Bitcoin

BlockDAG Set for Mainnet Launch to Transform Crypto Landscape Amid Rising challenges of Shiba Inu & Bonk

2 Mins read

Dormant wallets and significant whale accumulation hint that Shiba Inu (SHIB) may soon break its price consolidation. According to a reputable source in crypto, Bonk is predicted to experience a substantial price surge soon.

However, BlockDAG is attracting significant attention with its upcoming mainnet launch, promising a major shift in the crypto landscape. Following a successful Devnet phase, BlockDAG has developed its Peer to Peer Engine, Blockchain & DAG Algorithm with EVM Compatibility, and advanced Metamask Integration, positioning it as a noteworthy player.



SHIB Gains Traction with Whale Accumulation

Shiba Inu (SHIB) is poised for a price increase as major investors, or “whales,” are actively accumulating cryptocurrency. This trend reflects a growing confidence in SHIB’s potential, with significant stakeholders strategically positioning themselves for future gains. The pattern of whale accumulation is often a precursor to upward price movements in the crypto market, suggesting a bullish outlook for Shiba Inu.

Recent transactions by these large holders indicate they are capitalising on potential price surges, underscoring the importance of monitoring whale activities to predict market trends. This accumulation highlights the broader market sentiment and potential for significant growth in SHIB’s value.

Bonk’s Investment Potential & Market Volatility

Bonk is poised for a price surge. As the first meme coin on the Solana blockchain, Bonk has experienced growth, with the potential for returns. Its decentralised nature and community-driven approach distinguish it from other meme coins, garnering strong support from its user base.

The upcoming Bonk Inu NFTs and Bonk 2.0 launch are set to attract more interest and investment. New investors can seize early opportunities in this fast-paced market but should be cautious of the volatility and risks tied to meme coins.

BlockDAG Nears Mainnet Launch After Successful Devnet Phase 




BlockDAG’s mainnet launch is just around the corner, promising to be a seismic shift in the crypto landscape. This milestone follows the completion of its Devnet phase, during which BlockDAG successfully developed its Peer-to-Peer Engine, Block & DAG Algorithm with EVM Compatibility, and made significant progress on Metamask Integration. The Testnet is scheduled for mid-August, and once all bug fixes have been addressed, the mainnet is set to go live within the next four months. BlockDAG remains fully committed to this strategic timeline, ensuring that every aspect of its platform meets the highest standards of excellence.

BlockDAG’s presale coin has already made significant strides, raising $500k per day. Projections indicate this figure could rise to $5 million daily, with the presale expected to conclude in the next four months before the mainnet launch. This remarkable achievement highlights the growing momentum behind BlockDAG’s mission to reshape the future of blockchain technology.



The journey to this point has been marked by notable achievements, starting with the successful Phase 1 development and testing of the X1 Miner app. The beta version of the BlockDAG app is now available for Android and Apple devices. It includes advanced features like Wireframe & UI Designing, User Onboarding, and Presale functionality. BlockDAG’s ongoing enhancements and commitment to user engagement are poised to influence the blockchain industry.

Bottom Line 




SHIB’s increased activity among dormant wallets and whale accumulation suggests an imminent end to its price consolidation. Likewise, predictions from reputable sources indicate a substantial price surge for Bonk soon. However, BlockDAG stands out with its upcoming mainnet launch, which promises to impact the crypto landscape.



After a successful Devnet phase, BlockDAG has developed key components such as the Peer-to-Peer Engine, Block & DAG Algorithm with EVM Compatibility, and advanced Metamask Integration, marking its position as a noteworthy player.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.


Source link

Related posts
Bitcoin

Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion

1 Mins read
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge,…
Bitcoin

Ripple’s New Acquisition Is a Certified Digital Asset Custodian

1 Mins read
Ripple has acquired Standard Custody & Trust Company, a digital asset custodian regulated by the New York Division of Financial Services (NYDFS)….
Bitcoin

VGX Foundation and Honeyland Partner to Offer VGX Rewards for Players

2 Mins read
George Town, Cayman Islands, June 12th, 2024, Chainwire The VGX Foundation has announced a partnership with popular web3 game Honeyland, offering rewards…

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *