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May 03, 2024

Fastest-Growing Crypto BlockDAG Expands Its Cutting-Edge Payment System, Outshining Shiba Inu’s Price Surge & XRP Whales’ Movement 

In Brief

Amid the Shiba Inu’s price surge, the turmoil from the legal battle between XRP and SEC and the XRP whales’ latest activity, BlockDAG shows immense growth potential, as it incorporates 10 new currencies into its payment methods, including XRP, MATIC, Cardano, and more. This milestone signifies yet another step forward in its trajectory of innovation and forward-thinking vision

Following a notable listing on a crypto exchange, Shiba Inu price experiences a surge, whereas, sparking speculation, XRP whales transfer 75 million tokens amid a bearish trend. On the other hand, BlockDAG has introduced 8+ new payment methods to its system, sparking investors’ interest and fueling the hype surrounding the platform. This expansion not only broadens accessibility but also underscores BlockDAG’s commitment to innovation, further igniting excitement within the crypto community as its presale soars past $22.4 million.

Shiba Inu Price Resurgence Following Binance Japan Listing

Shiba Inu (SHIB), a prominent meme coin, witnessed a notable resurgence in its price trajectory after being listed on Binance Japan. This move led to a 1.82% surge in Shiba Inu price to $0.00002384 on Tuesday, April 30. With a market cap of $13.99 billion, SHIB holds the 11th rank on CoinMarketCap, and its 24-hour trading volume spiked 17.67% to $501.68 million.

Despite shorts dominating liquidations, with $254.90K in short liquidations and $198.78K in longs, SHIB’s value has surged over 10% in the past week, though it’s down 16% from its peak of $0.000035. Presently encountering resistance at $0.000026, a breakthrough could propel Shiba Inu price towards $0.00003 and potentially even $0.00005. However, failure to surpass support at $0.000024 could signal further declines for SHIB.

The cryptocurrency space recently saw XRP’s surprising price recovery, trading at $0.513, marking a 2.32% gain in the last 24 hours. Amidst this, reports of massive whale activity involving the transfer of 75 million XRP tokens sparked speculation. Transactions by well-known XRP whales, including accumulation and dumping, have fueled diverse speculations.

The legal battle between Ripple Labs Inc. and the Security and Exchange Commission (SEC) has taken a new turn, with the nature of evidence presented in court under scrutiny. Despite bullish momentum, XRP’s overall price action remains bearish, testing support at the $0.4400 zone. The outcome of the Ripple vs SEC legal battle will undoubtedly impact XRP’s future trajectory.

BlockDAG Expanding Horizons with 10 New Payment Methods & Strategic Market Presence

BlockDAG is expanding its horizons by adding 10 new payment methods, showcasing its commitment to inclusivity and market growth. By adopting a range of cryptocurrencies, including XRP, MATIC, and ADA, BlockDAG not only enhances accessibility but also positions itself strategically within the evolving financial landscape, reflecting the platform’s dedication to growth and innovation.

BlockDAG’s market presence has received a notable boost, attributed to well-executed marketing initiatives. These include its appearance on the monumental Las Vegas Sphere to mark the release of the DAGpaper, following the launch of an exclusive keynote video that was showcased on Tokyo’s Shibuya Crossing.

The vibrant Shibuya Crossing, renowned for its bustling activity and international acclaim, served as an ideal stage for BlockDAG to amplify its visibility. Capitalizing on this globally recognized location, BlockDAG captured widespread attention and generated substantial interest in its new cryptocurrency offering, demonstrating the effectiveness of strategic marketing in the competitive crypto landscape.

Priced at $0.006 in Batch 10, it has made a substantial impact in the cryptocurrency scene, surpassing $22.4 million in presales with over 8.4 billion coins sold. Early investors have seen a 50% value surge with each batch, as the presale coin  moves towards its final Batch 45. The anticipated listing price of $0.05 represents a staggering 4900% increase from Batch 1, highlighting BlockDAG as one of the fastest-growing cryptos in the market.

Conclusion

Amid the Shiba Inu’s price surge, the turmoil from the legal battle between XRP and SEC and the XRP whales’ latest activity, BlockDAG shows immense growth potential, as it incorporates 10 new currencies into its payment methods, including XRP, MATIC, Cardano, and more. This milestone signifies yet another step forward in its trajectory of innovation and forward-thinking vision. Experts are also forecasting that BlockDAG’s inflows will surge to $5 million per day, a substantial increase from the current $1 million daily, thereby projecting a robust 30,000x ROI potential.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles
Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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