.png){kind=logo}
The forecast for Bitcoin's price keeps fueling market enthusiasm, with experts predicting a climb to $150,000 in the ongoing cycle. This optimistic view is spurred by robust demand from spot Bitcoin ETFs and crucial resistance levels now serving as new supports. Concurrently, the SHIB community is dealing with recent challenges due to a deceptive website link. Leaders of Shiba Inu have called for vigilance after a guide with incorrect links caused confusion.
Amid these developments, BlockDAG's presale has soared to $62 million, standing as the most substantial presale in the past five years and the top cryptocurrency pick for 2024. The success of this presale is credited to BlockDAG's thorough and methodical roadmap. With the earlier phases completed, BlockDAG is advancing towards the final steps.
Bitcoin's recent patterns mirror past cycles, suggesting possibilities for notable price movements. Analyst Satoshi Stacker points out consistent demand from spot Bitcoin ETFs, with significant daily contributions. This trend bolsters a bullish stance, further supported by the MVRV ratio chart indicating an impending breakout.
Bitcoin has recently surpassed the pivotal resistance level of $66,700, now functioning as support following a slight retreat. Historical trends indicate that Bitcoin's behavior post-halving includes consolidation phases followed by marked price rises. Forecasts posit that Bitcoin could reach $150,000 in this cycle.
The SHIB community has recently faced a major problem with Crypto.Com's beginner's guide to the Shiba Inu ecosystem. While the guide was celebrated for its detailed coverage of SHIB, Bone, LEASH, and the new tokens TREAT and SHI, it included a serious mistake. The article incorrectly linked to a bogus TREAT token website.
Shiba Inu's leadership swiftly advised the community to check links before clicking and stated they would contact Crypto.Com to correct the mistake. Despite this hiccup, the SHIB community remains vigilant and strong, continuing to hold a prominent position in the cryptocurrency arena.
BlockDAG's presale triumph, amassing $62 million, is attributed to its comprehensive and strategic roadmap that has drawn considerable investor interest. The initial phase concentrated on creating a P2P engine and core algorithms, enhancing workflows, and crafting user-centric designs for the Blockchain Explorer and the X1 mining application.
Intense testing, auditing of BDAG smart contracts, and launching powerful marketing campaigns were also vital elements. In the pre-launch phase, BlockDAG focused on establishing a command line for direct blockchain interactions, incorporating EVM and wallet functionalities via MetaMask, and generating detailed tokenomics documentation.
In the development phase, BlockDAG integrated proof-of-work consensus mechanisms, protocols for node communication, data structuring algorithms, and UI-based framework deployment. This phase also involved developing onboarding screens, user flows, and producing BDAG-optimized mining hardware.
With many components from the initial and pre-launch phases now in place, BlockDAG is on the brink of completing its final phase. This includes launching the development network for testing and security audits, conducting external beta testing, implementing BlockDAG scanner features, supporting NFT smart contracts, and developing customizable settings for the X1 miner app. The conclusion of the presale, the release of mining software, and the promotion of the X1 miner app mark the end of BlockDAG's detailed roadmap.
The effective execution of these phases has captivated investors, sparking a boom in presale investments. BlockDAG's presale has rapidly progressed, starting at $0.001 in Batch 1 and reaching $0.015 in Batch 20, reflecting a 1,400% growth. Investors are captivated by the roadmap and its achievements, eagerly investing in the presale in anticipation of substantial returns upon the final launch.
The merging of upbeat Bitcoin price predictions and proactive involvement in the SHIB community underscores the dynamic nature of the cryptocurrency market. BlockDAG distinguishes itself in this setting with its remarkable $62 million presale achievement, supported by a meticulously executed roadmap.
From developing a P2P engine to integrating advanced blockchain functionalities, BlockDAG has demonstrated its potential to yield significant returns. Investors are rushing to the platform, purchasing BDAG coins in Batch 20 at $0.015. BlockDAG is emerging as a leading candidate for 2024. As BlockDAG nears the completion of its final phase, the anticipation for its launch and future triumphs continues to grow.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
