Antony Turner, Ex-SwissOne Capital Co-Founder, Leads BlockDAG; Targeting Superiority Over SHIB & XRP

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As the market recovers from recent turbulence that erased initial gains, Shiba Inu (SHIB) and XRP show upward movement. Despite optimistic figures, both cryptocurrencies experience short-term instability. Amid these dynamics, BlockDAG emerges as a favored choice for investment, attributed to its potential for long-term growth. With the introduction of its CEO and an advisory board comprised of fintech and Harvard experts, BlockDAG’s presale has soared to $62.8 million, driven by heightened investor interest. This positions BlockDAG as one of the top cryptocurrencies for acquisition.

Price Movements and Analysis of Shiba Inu (SHIB)

Lately, Shiba Inu (SHIB) faced a 9.33% drop over the past week, highlighting its fluctuating nature. A significant factor in this decrease was the increase in the 90-day dormant circulation of tokens, escalating from 47.46 billion to 211.78 billion tokens, signaling that long-term holders are moving to sell, which pressures the price downward.

Moreover, SHIB’s exchange inflow has crossed 1 trillion tokens, indicating strong selling pressure as more tokens are transferred to exchanges. Presently, the price of Shiba Inu (SHIB) is at $0.000017, below the 20-day and 50-day EMAs, suggesting potential further declines to $0.000016 unless it overcomes these thresholds. Conversely, a rebound could elevate its price to $0.000021.

XRP ETF and Developments in the Market

XRP is drawing interest due to SBI Holdings’ activities in the ETF sphere, fueling discussions about a prospective XRP ETF. A collaborative effort between SBI Holdings and Franklin Templeton to form a digital assets investment firm sees SBI with a 51% share and Franklin Templeton with 49%. This partnership is planned to be finalised by year-end.

Support for an XRP ETF is evident from Ripple President Monica Long, who asserts that XRP satisfies essential criteria for such an investment tool. However, some industry experts, like Nate Geraci, argue that the market isn’t primed for an XRP spot ETF and that a futures ETF should precede it. Moreover, industry commentators like The Bearable Bull anticipate new peaks for XRP, propelled by developments such as its re-listing on exchanges, the initiation of AMMs, and a potential Ripple IPO.

BlockDAG’s Rising Star: Stellar Presale Performance

The recent revelation of BlockDAG’s new CEO, team, and advisory board has significantly elevated its presale achievements. An upcoming AMA session with the team on July 30th has solidified investor confidence, catapulting the presale to $62.8 million. CEO Antony Turner, with over two decades of experience in tech ventures, including roles at Spirit Blockchain and SwissOne Capital, is a major asset.

The presale’s success is notable, with BlockDAG’s price skyrocketing by 1540% from its initial offering of $0.001 to $0.0164 in its 21st batch. This surge reflects burgeoning investor interest and establishes BlockDAG as a top cryptocurrency for acquisition. The participation of seasoned professionals like Chief Financial Officer Alessandro Raffelini and Chief Security Officer Youssef Khaoulaj further validates the project’s credibility.

BlockDAG’s advisory board, including luminaries like Maurice Herlihy, enhances its standing. The project’s strategic direction and robust leadership team present a compelling investment prospect for those seeking significant returns. With strong presale momentum and a comprehensive roadmap, BlockDAG distinguishes itself in the crowded cryptocurrency arena.

Concluding Thoughts

While Shiba Inu (SHIB) and XRP offer intriguing prospects in the ongoing market recovery, BlockDAG distinguishes itself with its remarkable presale results and robust leadership. The announcement of its executive team, followed by an informative AMA, has lifted its presale to $62.8 million. Experiencing a price jump of 1540% from $0.001 to $0.0164 in the current batch 21, BlockDAG is recognized as a superior investment choice. In comparison to the unstable prices of Shiba Inu (SHIB) and the developing story of an XRP ETF, BlockDAG offers a more dependable investment route.

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