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PEPE and Shiba Inu Face Challenges, BlockDAG on the Rise

Sep 22, 2024
  1. PEPE Price Forecast for 2024
  2. Large Shiba Inu Investors Wait for Bitcoin to Stabilize
  3. BlockDAG’s Potential Premier League Deal

PEPE and Shiba Inu ($SHIB) are facing challenges amid declining market trends, yet new projects like BlockDAG are garnering attention from analysts for their promising opportunities.

PEPE Price Forecast for 2024

PEPE, once a top player in the meme coins market, currently trades at $0.00000729, showing a 31% drop in August. Predictions suggest a significant rise by the end of 2024, with the price potentially reaching $0.000127396. Despite recent struggles, the broader bull run expected in mid-2024 could benefit PEPE. However, it also risks further declines if market trends don’t improve. By 2030, PEPE might climb to $0.00002061. Investors should watch its performance closely in the coming months.

Large Shiba Inu Investors Wait for Bitcoin to Stabilize

Shiba Inu ($SHIB) has faced a steep 55% decline over the last six months, currently trading at $0.00001348. Despite the overall market downturn, the coin remains 30% up year-to-date. A report by blockchain analytics firm Santiment shows that larger investors, those holding over 1 billion SHIB, dominate the market. Meanwhile, smaller retail holders have decreased to their lowest levels since November 2022. Santiment also noted a decline in social discussions about SHIB since July. Although sentiment remains negative, there is potential for recovery if Bitcoin stabilizes, offering hope for altcoin rebounds.

BlockDAG’s Potential Premier League Deal

BlockDAG, a blockchain project solving key challenges of speed, security, and decentralization, has already raised over $73 million during its presale, with its coin price skyrocketing by 1680% since the first batch. Now, BlockDAG is set to take another major step in expanding its reach. Following successful partnerships with soccer giants Borussia Dortmund and Inter Milan, the project is reportedly in the final stages of securing a deal with an English Premier League club. The Premier League, with its unmatched global audience of 3.2 billion viewers across 188 countries, offers far greater visibility than Dortmund or Inter Milan. This new deal could thrust BlockDAG into key markets like the U.S., Asia, and the Middle East. Analysts tracking BlockDAG’s presale suggest that this partnership could boost the project’s potential to bring its early buyers 30,000x ROI in the future, driving demand for BDAG coin.

For PEPE and Shiba Inu investors, the price forecast remains uncertain, especially after PEPE's 31% drop in August and Shiba Inu's 55% decline over the past six months. On the other hand, BlockDAG is generating serious buzz with its potential Premier League club partnership, which could rapidly boost its global presence, especially in key markets like Europe, the U.S., and Asia.

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