May 9th, 2024 at 11:08 am UTC · 3 min read
/BlockDAG/ – Shiba Inu surged following the partnership of PayPal with MoonPay, which facilitates direct purchases of cryptocurrencies like Shiba Inu in the US. As Uniswap’s price hits a six-month low, BlockDAG steals the spotlight with strategic influencer partnerships and a strong YouTube presence, propelling its presale to over $24 million.
This surge, fueled by a forecast suggesting BlockDAG’s price could hit $30 by 2030, promises to enhance long-term stability and significantly broaden its investor base. It hints at a potential 30,000x return, potentially reshaping investor expectations in the crypto market.
In light of CNF’s update on May 5, 2024, detailing PayPal’s strategic collaboration with MoonPay, significant advancements have been made in PayPal’s cryptocurrency offerings. This partnership now enables users in the United States to seamlessly acquire Shiba Inu (SHIB) and various leading cryptocurrencies directly through the PayPal platform.
Notably, Shiba Inu (SHIB) has demonstrated remarkable performance in the market. It is valued at $0.0000249, reflecting a notable increase of 1.25% over the past day and 6.99% throughout the previous week. Such a surge underscores the escalating confidence among investors in cryptocurrencies, a trend facilitated by the simplified access and improved transaction mechanisms offered by platforms like PayPal.
The recent downturn in Uniswap price caught many by surprise, highlighting its importance in today’s DeFi ecosystem. This decline followed reports of the US SEC’s scrutiny of the decentralised exchange platform. Coinmarketcap data shows a loss of over 11% in UNI’s value over the past week, rattling investors. Despite a strong start this year, with UNI surpassing $15 for the first time since 2022, its crash to a six-month low of $7.2 serves as a reminder of DeFi’s volatility.
BlockDAG is rapidly becoming a standout in the cryptocurrency world, hailed as the next Ethereum or Bitcoin due to its immense growth potential. Influential figures, especially on YouTube platforms like Token Galaxy, are emphasising its transformative capabilities. This focus on digital engagement, and endorsements from tech giants and the broader digital community, positions BlockDAG as a promising investment with substantial returns.
In his recent video, Token Galaxy highlighted BlockDAG as the most advanced layer-1 crypto. Indeed, BlockDAG merges Proof of Work and DAG structures for enhanced speed, security, and scalability. Inspired by Bitcoin and Kaspa, BlockDAG aims to redefine blockchain capabilities across various applications, setting a new standard for layer-1 technology.
Furthermore, he discusses BlockDAG’s impressive presale performance. Currently in its 11th batch and priced at $0.007, BlockDAG has experienced a 500% surge since its initial batch. The presale has already raised over $24 million, with almost 8.7 billion coins sold.
Early investors have experienced a 50% increase in value with each subsequent batch, prompting experts to predict a potential 30,000x return on investment and a surge in price to $30 by 2030. As the presale rapidly progresses toward its 45th and final batch, the anticipated listing price of $0.05 reflects a remarkable 4900% increase from Batch 1, cementing BlockDAG’s status as the fastest-growing cryptocurrency.
As the Uniswap price declines and Shiba Inu benefits from a new partnership, BlockDAG distinguishes itself with influencer endorsements that propelled its presale numbers to an impressive $24 million presale. With the potential for 30,000x returns and expectations to reach $30 by 2030 and an accelerated timeline that may lead to an early launch, BlockDAG is emerging as one of the fastest-growing cryptocurrencies.
Join BlockDAG Presale Now: Website, Presale, Telegram, Discord.
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.