Shiba Inu Investors May Be Getting Bored As Dogecoin20 and Octoblock Skyrocket

While Shiba Inu (SHIB) has maintained substantial attention in the crypto space, newer entrants like Dogecoin20 (DOGE20) and Octoblock (OCTO) are skyrocketing in popularity, leaving its investors feeling left out. 

Dogecoin20 news

Dogecoin20 (DOGE20) is nearing the end of its presale phase, with anticipation building for its launch on Doge Day (April 20). As a tribute to the original meme coin, Dogecoin (DOGE), Dogecoin20 intertwines nostalgia with practicality, offering utility features to sustain long-term engagement. Its flagship feature is a staking protocol, enabling DOGE20 holders to potentially earn annual yields of up to 61%, with an impressive 47.7 billion tokens already staked. Moreover, Dogecoin20 has a capped supply, which helps mitigate inflationary pressures and shields against price dilution. These benefits have drawn astounding interest, as Dogecoin20 reached its presale funding goal of $10 million within weeks. Notably, meme coin enthusiasts are still buying as they prepare for its Uniswap launch on Doge Day. This excitement has even led to Dogecoin20 ranking 5th among the most anticipated token launches, according to CoinSniper.net.

Octoblock positioned as the next DeFi leader

Octoblock is a new decentralized finance (DeFi) protocol on the Binance Smart Chain that has attracted significant interest from crypto watchers and investors due to its innovative offerings. One of its unique features, Crowd Funded Yield Farming (cFyF), has been highlighted as a game-changer in the DeFi. This new technology will allow users to pool their resources into a collective yield pool, granting them access to higher-yield farming opportunities that would typically be inaccessible individually. Participation in the cFyF will also open doors to airdrops, further enhancing profitability for users. Moreover, cFyF participants are empowered with governance rights, enabling them to influence the direction and policies of yield farming platforms.

Octoblock will also integrate a charitable trust account dedicated to supporting marine ecosystem conservation, known as the Tentacle Trust. OCTO token holders will vote monthly to determine the beneficiary of the trust's donations, underscoring Octoblock's commitment to social responsibility and community involvement. Moreover, Octoblock's cross-chain platform, Coral Cove, will streamline cross-chain asset management by incorporating both swapping and bridging functionalities. This platform will boast low transaction fees, high security, and optimized transaction routes.

The Nautilus Trove will be responsible for revenue generation within Octoblock. It will receive the protocol's asset inflows, allocating 75% to the DeFi strategies and 25% to investments in diversified revenue-generating ventures. Notably, OCTO holders will get half of the profits made, with 45% distributed through airdrops based on the percentage of tokens held. The other 5% will be allocated randomly to select addresses through Octoblock's Saltwater sweepstake.

The overwhelming interest in Octoblock's ongoing Initial Coin Offering (ICO) is a testament to its potential and appeal within the crypto community. The ICO is now in the third phase, offering OCTO tokens at $0.037 with a 13% token bonus. Aside from the significant token bonuses, ICO participants stand a chance to win a fully-optin Tesla, adding another enticing incentive to participate in Octoblock's burgeoning ecosystem.

Will Shiba Inu go up?

While Dogecoin20 and Octoblock have recently taken the spotlight, there are reasons to believe that Shiba Inu (SHIB) could see an upward movement in the near future. The upcoming Doge Day, with its potential for a meme coin frenzy, could spill over positive sentiment for SHIB. The overall positive sentiment in the crypto market, fueled by growing institutional interest and anticipation of the Bitcoin halving, could also contribute to SHIB's upward trajectory as investors choose to diversify their portfolios.

For more information on Octoblock:

Website: https://octoblock.io/

Buy OCTO: https://reef.octoblock.io/register