Get ready for the days filled with excitement. The entire crypto market is going through the after-effects of the Bitcoin ETF approval. Shiba Inu (SHIB) has some other plans for automated token burns. In the middle of this, one new player is emerging in the presale crypto market, BlockDAG (BDAG). In its ongoing presale, it has already managed to raise $1 million within 24 hours. It has also introduced mining opportunities to its investors to gain more profits. With its unique features, it is making waves in the crypto market as the best crypto presale.
Was the Bitcoin Spot ETF a Game Changer?
As the spot Bitcoin ETF got approved, the crypto industry developed an explicit sense of enthusiasm – for a short while. The fervour drove Bitcoin prices to heights before the ETF, however as soon as the ETF got approved, it all came crashing down.
The implication of the approval was indeed something big. It was a way bearer for the launch of the first-ever spot Bitcoin ETFs in the United States. Although it did increase the number of new investors, unfortunately the momentum could not sustain and the market entered a dead end.
Shiba Inu Unveils New Token Burn Mechanism
Shiba Inu revealed its plan to automate token burns on the network. At this moment, all Shiba Inu token burns were manual. Nevertheless, Shiba Inu hinted at future upgrades that would automate token burns. This could impact SHIB’s ongoing rally. Shiba Inu’s automated token burn could increase its token reduction rate. In December, Shiba Inu burned 17 billion SHIB as part of its plans to cut down its token supply.
SHIB also revealed that current token burns will be maintained slowly to reduce pressure on Shibarium’s gas token. SHIB could rise in its ongoing bullish rally.
BlockDAG Coin Miners Unveil Passive Income Potential
BlockDAG is revolutionising the way transactions are processed in a decentralised network. Kaspa, the first blockDAG, inspires it. It stands unique in the crypto market with its distinctive features and profitable mining possibilities.
BlockDAG is introducing four different mining devices: X1, X10, X30, and X100. Each device has different hash rates, power consumption, and daily earning potential. BlockDAG mining devices can easily be purchased from websites. It will ensure secure transactions and reliable shipping for the users.
BlockDAG mining devices come with detailed documentation and dedicated customer support to make the mining process easy for both beginners and experienced miners.
The End Note
The crypto industry is filled with surprises. Spot Bitcoin approval that was intended to be a game changer in the market, didn’t do much in favour of crypto. However, as Shiba Inu is planning to introduce automated token burns, the market might witness something that it couldn’t after the ETF approval. In the middle of this development, one presale crypto is emerging with new possibilities and profitable mining features. Stay informed and seize this opportunity to gain more profits.
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Website: https://blockdag.network
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Discord: https://discord.gg/Q7BxghMVyu