Shiba

Burn

UNUS SED LEO

Shiba Inu

Shiba Inu’s rising burn rate has boosted its price by 2.97%, pushing it to $0.00002341. Meanwhile, UNUS SED LEO remains stable at $5.78, supported by solid market confidence.&nbsp;<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">BlockDAG </a>celebrates a presale victory amid these market movements, securing $56.7 million. BlockDAG’s advanced blockchain technology, capable of handling thousands of transactions per second, sets it apart as a premier choice for crypto payments, offering investors a potent and streamlined option in the crypto marketplace.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/07/08/c3ef62478ea85a046ac21ff7b7aac220.webp" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-shib-s-burn-intensifies-pushing-prices-up-span">SHIB's Burn Intensifies, Pushing Prices Up</h2>
Shiba Inu (SHIB) captures headlines with its accelerating burn rate, which has lifted its price by nearly 2.97% to $0.00002341 within a day. Now sitting as the 11th largest cryptocurrency with a market cap of roughly $13.79 billion, SHIB’s trading volume has also climbed by 1.79% to $379.74 million.
Despite market fluctuations, the SHIB community's passion keeps fueling the token's ecosystem. This strategic increase in burn rate is intended to decrease supply and potentially raise its value, a maneuver investors are closely monitoring due to its significant impact on market trends.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/07/08/2e467158f116c4ff52a807a1c870e018.webp" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;"></a>
<h2 dir="ltr" id="span-leo-s-firm-market-footing-span">LEO's Firm Market Footing</h2>
Currently priced at $5.78, UNUS SED LEO (LEO) demonstrates consistent market stability, holding above the 20-day Exponential Moving Average (EMA). The Aroon indicator reinforces this with a bullish 92.86%, reflecting a strong conviction in the market.
LEO’s ability to sustain its price over $5.70 highlights its durability in the trading arena. An uptick in trading volume indicates a heightening interest, and surpassing the $5.84 and $6.00 resistance levels could further enhance LEO’s market value.
<img src="https://cdn.thebittimes.com/images/2024/07/08/df24f963e5faa4180b604de9ceb37220.webp" width="602" height="383" style="display: block; margin-left: auto; margin-right: auto;">
<h2 dir="ltr" id="span-blockdag-s-groundbreaking-15-000-tps-blockchain-speed-span">BlockDAG’s Groundbreaking 15,000 TPS Blockchain Speed</h2>
BlockDAG is transforming the blockchain sphere with its innovative technology. Unlike conventional blockchains, BlockDAG facilitates the addition of multiple blocks simultaneously and leverages parallel transaction processing, vastly increasing scalability. This advancement cuts down latency and boosts decentralization, overcoming typical constraints in the crypto industry.
<a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/07/08/597dc9247379f509cdd7d59d7bd91403.webp" width="602" height="339" style="display: block; margin-left: auto; margin-right: auto;"></a>
BlockDAG's implementation of Directed Acyclic Graph (DAG) technology efficiently manages simultaneous operations, safeguarding data integrity and security. Its Proof-of-Work (PoW) mechanism now confirms transactions at 10 blocks per second, with ambitions to expand beyond 100 blocks. This exceptional transaction capacity earmarks BlockDAG as an ideal technology for large-scale, urgent applications.
Furthermore, BlockDAG’s unique DAG structure significantly speeds up transaction processing, enabling almost instant confirmations and eliminating the typical delays in traditional block mining. This swift processing capability improves user experiences and opens doors to new applications, especially in scenarios where time is of the essence. Offering a transaction capacity of 10,000 to 15,000 TPS while keeping fees low, BlockDAG is a robust technology for supporting voluminous, time-critical operations.
<h2 dir="ltr" id="span-summing-up-span">Summing Up</h2>
BlockDAG shines with its state-of-the-art technology and a successful $56.7 million presale across 19 batches, marking a 1300% increase in token price from the first batch. As Shiba Inu’s burn rate molds its market presence and UNUS SED LEO maintains price stability, BlockDAG’s innovative Directed Acyclic Graph (DAG) framework ensures high transaction rates with minimal fees. These strengths position BlockDAG as a top cryptocurrency for investors, leading the charge in the evolving crypto realm.
<img src="https://cdn.thebittimes.com/images/2024/07/08/20b505b850d5362412b2692df3d7f4dc.webp" width="602" height="75" style="display: block; margin-left: auto; margin-right: auto;">
Invest in the BlockDAG Presale Now:
Website: <a href="https://blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">https://blockdag.network</a>
Presale: <a href="https://purchase.blockdag.network/" target="_blank" rel="noopener noreferrer nofollow">https://purchase.blockdag.network</a>
Telegram: <a href="https://t.me/blockDAGnetwork" target="_blank" rel="noopener noreferrer nofollow">https://t.me/blockDAGnetwork</a>
Discord: <a href="https://discord.gg/Q7BxghMVyu" target="_blank" rel="noopener noreferrer nofollow">https://discord.gg/Q7BxghMVyu</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-crypto-picks-blockdag-s-landmark-56-7m-presale-shib-s-burn-surge-leo-s-price-power-tbt96048.html">https://thebittimes.com/top-crypto-picks-blockdag-s-landmark-56-7m-presale-shib-s-burn-surge-leo-s-price-power-tbt96048.html</a>

Top Crypto Picks: BlockDAG’s Landmark $56.7M Presale, SHIB’s Burn Surge & LEO’s Price Power

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TheBitTimes

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