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Shiba Inu Might Be Gearing up for a Big Leap, But This New Crypto Is the Biggest Passive Income Play This Year

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2024-08-30 09:28:11995browse

Cryptocurrencies always keep holders on their toes, and this week is no different. Shiba Inu might be gearing up for a big leap with a 21% price forecast and Litecoin is doubling down on network activity, even if its price isn't following suit.

Shiba Inu Might Be Gearing up for a Big Leap, But This New Crypto Is the Biggest Passive Income Play This Year

Cryptocurrencies are known for keeping holders on their toes, and this week is no different. Shiba Inu might be gearing up for a big leap with a 21% price forecast and Litecoin is doubling down on network activity, even if its price isn’t following suit.

But the biggest passive income cryptocurrency could be BlockDAG. With a recent team video that has fired up excitement and boosted the presale to $68.5 million, this blockchain project is on a roll. And with predictions of a 5500% ROI, many are wondering if now’s the time to jump on board.

To find the next big thing in crypto, let’s dive into what’s happening with Shiba Inu, Litecoin, and BlockDAG.

Shiba Inu Price Forecast: Will A 21% Leap Happen?

Shiba Inu Coin (SHIB) is at a critical stage, with its price forecast hinting at a possible breakout. Recent data shows the SHIB burn rate has shot up by 1088%, indicating more activity on the Shibarium network. This has made traders hopeful, with some expecting the price to jump by 21%.

But there’s a twist—over $7 billion worth of SHIB tokens are still at a loss, which is more than 85% of all tokens out there. Plus, with $2.35 million in long liquidations happening, investors should be careful and keep an eye on the market.

Litecoin (LTC) News: Activity Doubles But Price Stalls

Litecoin has been busy behind the scenes, with on-chain transactions doubling over the past year. This increase means the network handled a huge number of transactions in just one week.

However, despite all this activity, Litecoin’s price hasn’t kept up and is currently around $63.34—a drop of 1.47% in the last 24 hours. Even though the network processed 62 million transactions in the first seven months of 2024, almost matching last year’s total, this surge in usage hasn’t pushed prices higher.

BlockDAG’s Team Video Release: $68.5M Presale & Counting!

With over 20,000 crypto projects out there, only a few manage to become household names. While innovation is key in this market, strategic partnerships are equally important. And that’s where BlockDAG has nailed it.

BlockDAG’s latest team video has sparked some serious presale success, helping the project’s presale surge to $68.5 million and win the trust of a community, which includes over 120,000 holders. Over 12.7 billion BDAG coins have already been sold, and it’s just the beginning.

In the video, BlockDAG’s CEO, Anthony Turner, takes viewers on a journey from his fintech roots to leading a cutting-edge blockchain venture. He talks about how BlockDAG merges the strengths of Bitcoin, Ethereum, and DAG technology to create a hybrid blockchain that’s both fast and secure.

The video also introduces the global team behind the project, each playing a crucial role from partnerships to security. Turner stresses that building a blockchain is more than just tech—it’s about creating a thriving community and ecosystem. He confidently states, “In the next three years, we expect to be one of the leading Layer 1 blockchains, competing directly with the likes of Ethereum and Solana.”

Since the video’s release, experts predict BlockDAG’s price could climb to $1 per coin. Currently, it’s priced at $0.0178 in presale batch 22, meaning those who get in now could see a whopping 5500% ROI if the coin hits that $1 mark. It’s no wonder that whales are jumping on board, with some spending as much as $2.5 million. With this kind of demand, batch 22 is almost gone. When batch 23 rolls in, prices are expected to soar even higher.

Conclusion

Shiba Inu’s price forecast suggests a potential breakout, while Litecoin’s growing activity highlights its ongoing relevance in the market. However, BlockDAG is emerging as a top choice for passive income in crypto this year. Its insightful team video has played a key role in boosting its $68.5 million presale, earning the trust of over 120,000 holders.

Now, experts predict BlockDAG could reach $1 per coin. For those holding batch 22, this could mean an impressive 5500% ROI. But remember that joining BlockDAG’s presale is a race against time as these batches sell out quickly. Batch 22 is nearly gone, with whale purchases reaching triple millions. The next batch will likely see a significant price surge, so buyers are advised to

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