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Cryptocurrency News Articles

Grab the Top Crypto Assets: Shiba Inu (SHIB), Litecoin (LTC), and BlockDAG (BDAG) See Exciting Developments

Jan 30, 2025 at 04:10 am

The top crypto assets are seeing some exciting developments, with Shiba Inu’s mid-sized investors adding 7.63 trillion SHIB Tokens to their holdings

Grab the Top Crypto Assets: Shiba Inu (SHIB), Litecoin (LTC), and BlockDAG (BDAG) See Exciting Developments

Top crypto assets are seeing some exciting developments this week. Mid-sized Shiba Inu investors have added a massive amount of SHIB tokens to their holdings, while Litecoin whale activity is also on the rise. BlockDAG, on the other hand, is making waves with its updated Affiliate Program. Here's a closer look at each of these developments:

Mid-Sized Investors Boost Holdings with 7.63 Trillion SHIB Tokens

As the year progresses, mid-sized investors are playing a crucial role in the Shiba Inu (SHIB) ecosystem. This group, which holds between 0.1% and 1% of the circulating supply, saw their collective holdings increase by 7.63 trillion SHIB tokens.

This accumulation mirrors a shift in holding patterns, with mid-sized investors emerging as the leading force in shaping the token's distribution. Notably, other investor categories, such as those holding less than 0.1% and large investors, saw slight declines in their holdings.

Collectively, mid-sized investors now hold around 15.07% of the total SHIB supply, compared to 148.34 trillion SHIB tokens at the end of 2024. This growth reflects growing confidence in the SHIB token among mid-tier investors.

Litecoin Whale Activity Spikes with Large Transactions on the Rise

Recent data reveals a significant uptick in Litecoin whale activity, with large transaction volumes increasing from 73.14 million LTC to 83.17 million LTC within 24 hours. This spike in large transactions is often linked to the activities of institutional players and major holders within the cryptocurrency market.

Increased Litecoin whale activity tends to indicate bullish sentiment in the long term, as these large holders typically engage in strategic positioning based on their market outlook.

This observation is further supported by network metrics, which show that Litecoin's hashrate has reached an all-time high of 2.24 PH/s, indicating increased participation from Litecoin miners, which ultimately enhances the network's security.

As whales continue to navigate the market landscape, analysts are keeping a close eye on potential shifts in the crypto asset market.

BlockDAG Affiliate Program Offers 5% USDT Cashback

BlockDAG's updated Affiliate Program offers a unique way to reward both referrers and buyers with a 5% instant USDT cashback. This limited-time initiative is designed to promote shared benefits within BlockDAG's community, which now boasts over 170,000 unique holders.

The program enables referrers to earn cashback in USDT (BEP-20) by sharing their personalised referral links, which are generated upon logging into the BlockDAG dashboard with their wallet.

Every purchase made through these links grants both the referrer and the buyer 5% cashback, which is credited instantly. For example, a $10,000 purchase of BDAG coins would credit the referrer with $500 in USDT and the buyer with an equal amount, effectively reducing their cost to $9,500.

This simple and rewarding system has attracted hordes of new buyers into BlockDAG's ongoing presale, which has now crossed the $186 million mark. The presale has sold over 18 billion BDAG coins to date.

Meanwhile, the coin's value has also surged by 2380%, reaching an impressive $0.0248 in its 27th batch. As momentum builds and BlockDAG rapidly advances towards its $600 million presale target, opportunities like this Affiliate Program may not last long.

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Other articles published on Jan 31, 2025