When a token lands on ten major exchanges consecutively, what’s the result? BlockDAG is set to find out, while developments in Solaxy and Shiba Inu’s market activities also draw attention. Solaxy has recently surpassed $29 million in funding, marking the launch of Solana’s first Layer-2 with active staking. In contrast, SHIB has eliminated over 819 million tokens, yet stagnant total value locked and a 3% price dip have stirred concerns. Currently, BlockDAG (BDAG) is under the spotlight, not merely for its growth but for its escalating presence. As it prepares to join 10 CEXs, each new addition contributes like a chain reaction: enhancing liquidity, attracting new participants, and supporting a higher baseline price for BDAG. This dynamic has led analysts to point to BDAG as a top crypto pick, with potential to hit $20. BlockDAG’s Exchange Listings May Significantly Drive Its Price BlockDAG continues its upward trajectory. With more than $212 million collected and 19.1 billion BDAG coins distributed in its ongoing presale, the momentum is tangible. From an initial price of $0.001 in Batch 1 to $0.0248 in Batch 27, the presale has shown a 2,380% gain for early backers. The fast-paced presale, together with the live beta testnet featuring airdrops and weekly incentives, adds further excitement. The core of BlockDAG’s strategy lies in its plan to be listed on 10 centralized exchanges. Each listing boosts liquidity, attracts new participants, and reinforces the coin’s price stability. The initial CEX listing ignites the process. By the tenth, BDAG could transform significantly. As liquidity builds and recognition increases, analysts are beginning to forecast a long-term price of $20. Each listing brings additional benefits—increased wallets, more exposure, and higher volume. These aren’t mere events; they amplify BlockDAG’s value. They do more than maintain its position; they propel it forward. As visibility on each platform grows, this is why many recognize BlockDAG as a top crypto choice today. By the end of the final listing, the price baseline is expected to shift significantly. If BDAG continues to accumulate listings, its value could not only rise but accelerate. Watching from the sidelines might mean seeing the price from an elevated viewpoint. That’s why grabbing BDAG now, while it’s below $0.03, is advised. Solaxy Update: $29M Achieved and Upcoming Layer-2 Launch The recent developments in Solaxy show that it has successfully amassed over $29 million in its presale, establishing itself as the pioneering Layer-2 solution for Solana. This rollout aims to address congestion issues with a rollup-based structure, ensuring smooth operations during high-traffic periods such as meme coin transactions. Solaxy further enhances its offering by linking Ethereum’s liquidity to Solana’s speed via the multi-chain SOLX token, providing a hybrid advantage to users. Notably, staking is already operational in this presale phase, with SOLX holders potentially earning up to 140% APY. However, this rate may decrease as participation increases. With an imminent price increase in the presale, this update serves as a crucial alert for potential participants. Post-launch, SOLX will be available on both centralized and decentralized exchanges, with stakers eligible to claim their tokens a week after. Shiba Inu’s Market Analysis Post-819 Million Token Burn Despite the burning of 819 million tokens, Shiba Inu’s market price is under strain. The recent destruction of 15 million SHIB did not prevent a 60% reduction in the overall burn rate, accompanied by a 3% decline in SHIB’s price. This dip corresponds with a lack of movement in Shibarium’s total value locked, leading to doubts about the effectiveness of the burn strategy in boosting prices shortly. Market patterns have shown fluctuations with occurrences of both death and golden crosses, indicating uncertainty. SHIB currently trades at approximately $0.00001242, just under a significant resistance level. Opinions among analysts about SHIB’s future price are mixed, predicting potential volatility. The focal point now is whether increased demand will emerge as the token burning persists and Shibarium gains broader acceptance. Takeaway The latest updates from Solaxy indicate a robust presale and readiness to expand Solana through its Layer-2 solution. In contrast, Shiba Inu’s price forecast remains tentative, with ongoing token burns yet to significantly impact the market due to subdued activity on Shibarium. Meanwhile, BlockDAG is creating substantial momentum. With over $212 million gathered in crypto presale and plans for listings on 10 key exchanges, the cascading effect of these listings is beginning to unfold. Each new listing escalates BlockDAG’s visibility, trading activity, and price prospects. Analysts endorsing it as a prime crypto purchase today are not just swayed by enthusiasm but recognize the solid technology underlying BDAG’s growth. As the listing process completes, the $20 price target could soon be a reality, making it a prudent purchase while still in the early stages. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post Will BDAG Reach $20? The Impact of CEX Listings on BlockDAG—Updates on Solaxy & SHIB’s 15M Burn appeared first on TheCoinrise.com .
