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In the meme coins world, two coins stand out as prominent rivals: SHIB vs. DOGE. Interest in DOGE was higher than SHIB in the last 30 days, while social dominance was almost equal, indicating a strong correlation. The BNB price's sustainability and future growth are still being determined due to the decline in on-chain volume and the need for further analysis.
BlockDAG enhances user-friendliness with a newly designed dashboard offering investment management tools, allowing easy and thorough access to transaction histories. This explains the surge in whale activity, as BlockDAG, currently in batch 12 of its presale, amasses $26.9 million from selling 9.1 billion coins and (X) mining rigs.
Over the past month, Dogecoin (DOGE) has garnered more interest than Shiba Inu (SHIB), with both coins showing nearly equal social dominance, indicating a strong SHIB vs DOGE correlation. SHIB's price increased by 4.07% in the last 24 hours, while DOGE saw a 1.48% hike. Speculation about their future in the SHIB vs DOGE battle is rife, with some anticipating SHIB flipping DOGE, while others remain skeptical.
SHIB shows short-term potential despite fewer traders and more holders, while DOGE sees rising traders and holders, hinting at stronger preference. Both coins have similar levels of social attention, despite a decline, which may indicate upcoming price hikes: DOGE possibly to $0.17 and SHIB to $0.000033.
The Binance BNB Chain decentralised exchange (DEX) trading volume has surged past $700 million, indicating heightened user activity. This increase marks a reversal from a previous downturn in mid-April. DEX volume often correlates with demand for BNB, Binance's native cryptocurrency, influencing its price. Despite recent DEX volume growth, on-chain volume has declined since May 10, raising sustainability concerns.
Total Value Locked (TVL) indicates network health but remains below peak levels. While TVL growth suggests increased trust in the BNB Chain, sustained price increases, including BNB Price, require further analysis of economic, regulatory, and market factors. It's crucial to conduct thorough research and exercise caution when making financial decisions.
The newly designed BlockDAG dashboard is user-friendly and packed with practical tools for managing investments. Users see the latest announcements on the first screen and can access notifications easily. They can view their rank, required purchase amounts to move up, and balance in the wallet section, which also includes a leaderboard preview and transaction history. The referral screen shows bonuses earned from referral purchases, and the leaderboard displays the top 30 purchasers.
Users can review their transaction history and make purchases with over 8 currencies, including BTC, ETH, and SHIB. The live transactions screen shows instant purchases and rank orders based on USD amounts, with ranks from Crab to Whale. The profile section allows users to view their rank and update delivery addresses for miners, tailored to country-specific requirements and secured with wallet signatures.
Moreover, BlockDAG facilitates home mining with the X100, a powerhouse in its class. The X100 boasts a 2 TH/s hash rate and 1800W power consumption, producing up to 2,000 BDAG daily, equating to $100. Its controlled noise and advanced ASIC technology make it ideal for serious miners and large-scale operations.
In the ongoing SHIB vs. DOGE battle, Dogecoin has gained more interest recently, while SHIB shows nearly equal social dominance. Meanwhile, BNB price activity reflects growing market engagement. BlockDAG, however, stands out with its innovative updated dashboard, enhancing user experience and investment management.
Currently, in stage 12 of its crypto presale, BlockDAG has raised $26.9 million from selling 9.1 billion coins. The introduction of the X100 miner, a powerhouse capable of earning up to $100 daily, further demonstrates BlockDAG’s commitment to cutting-edge technology and robust investment tools. Attracting serious investors, BlockDAG is emerging as one of the best long-term crypto investments.
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Website: https://blockdag.network
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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.
