Crypto News: BlockDAG's Bonus System Triggers Massive Buying; Update On Dogecoin & Shiba Inu (SHIB) Price Target

Shiba Inu (SHIB) and Dogecoin are stealing the spotlight in the cryptocurrency discourse, with SHIB’s price expectations stirring discussions

Cryptocurrency discourse is abuzz with the latest updates on Shiba Inu (SHIB), Dogecoin, and BlockDAG.

Shiba Inu (SHIB) and Dogecoin are captivating attention with their price movements and upcoming developments. SHIB’s price target is a subject of discussion, with varying expectations among investors. Ben, an investor, expresses optimism for SHIB to reach $0.05 to $0.09 this year, while skepticism persists due to its current price of $0.00001398.

Meanwhile, Dogecoin is preparing to release Core 1.14.8, an update that aims to enhance network security and transparency. This initiative will standardize the build process, enabling diverse developers to produce identical outcomes, which is crucial for verifying the code's authenticity and security.

However, it's important to note the potential risks associated with unverified code. As the crypto community awaits these developments, they underscore Dogecoin’s ongoing efforts to reinforce its dependability and trust.

BlockDAG, on the other hand, is rolling out an automatic bonus system that rewards users as they progress through different ranks, ranging from Turtle to Whale. Each rank comes with increasing benefits, such as a 2% bonus for Turtles, which escalates to 4% at the Fish rank, enriching each transaction and making the climb through ranks both engaging and beneficial.

Furthermore, BlockDAG’s team is working to enhance the X1 application, focusing on its functionality and security, including measures to eliminate fraudulent accounts. Additionally, BlockDAG Scan is being updated to support UTXO transactions, enhancing visibility into blockchain activity. A range of aesthetic improvements, such as background refreshes and optimized data display on the explorer, are set to boost user interaction.

These updates come in conjunction with BlockDAG’s impressive presale coin journey, where $66 million was raised through 21 batches, and over 12.5 billion BDAG coins were sold, pushing the presale price up by a remarkable 1600% to $0.017. This triumph positions BlockDAG among the year's premier crypto projects.

In conclusion, recent debates around Shiba Inu’s price goal have sparked discussions of a potential increase, yet skepticism remains given its low current value. Meanwhile, Dogecoin’s updates focus on reinforcing security and transparency, particularly with the release of Dogecoin Core 1.14.8.

Amongst these developments, BlockDAG showcases distinct potential for gains and rewards with its community-centric bonus system and a significant price leap, positioning it among the leading crypto projects in 2024.

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