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Breaking News: Expert Alleges Bitcoin Under Siege Again, ETFs And BlackRock Suspected
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Breaking News: Expert Alleges Bitcoin Under Siege Again, ETFs And BlackRock Suspected

Hidden DeFi Gem Begins USDC Airdrop Campaign, Can Dogwifhat and Shiba Inu Compete?

Bitcoinist
by Bitcoinist
Last Updated: April 17, 2024 8:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Octoblock’s USDC airdrop campaign makes OCTO a must-have token in every smart investor’s portfolio. As the ICO record-breaking hidden DeFi gem appeals to investors with its trendsetting DeFi products, Shiba Inu and  Dogwifhat are gearing to outdo their predecessor, with SHIB burning an astronomical 410T SHIB.

Dogwifhat News

Dogwifhat’s performance has increased over the past week, with the WIF price rising from $3.21 to $4.28. However, WIF leverages on SOL to maintain its upward trajectory and could risk liquidation if SOL goes downtrend. For example, the recent network congestion on the Solana protocol affected SOL’s price, which trickled down to WIF. Although WIF price predictions indicate WIF could reach $7 by the end of 2024, frequent Solana outages and its price drops may impede its surge. As a Solana memecoin, WIF mirrors Solana in price and performance.

Shiba Inu Coin News

Shiba Inu Coin news highlighted an impressive 150% SHIB price increase in 2024, attributed in part to the accelerated SHIB burns totaling over 410T SHIB tokens burned since inception. Shiba Inu is the second largest memecoin, with a market cap of $14B. Dogecoin still leads with a $26B market cap. As noted by the Shiba Inu coin news, the current SHIB growth trajectory could outperform DOGE in market cap. Meanwhile, SHIB inflows continue to be observed in the Octoblock presale as this hot ICO beats any other form of reward.

Why Octoblock’s Airdrop Campaign Is Unique?

With Octoblock, you can earn rewards by merely holding the OCTO tokens during its ICO. The ICO currently in phase three at $0.037 provides an opportunity to profit from the high APY generated through the Nautilus Trove, an approach within the Octoblock protocol for profit generation and investments.

The profits generated are distributed to various pursuits including charity, USDC airdrop rewards, management fees, and reinvestments.

Every week the platform airdrops USDC stablecoins to OCTO holders’ wallets. The high APY rewards are apportioned every Monday in proportion to the amounts held by the investor.

The Nautilus Trove funds The Tentacle Trust, responsible for partnerships with registered charities to reduce environmental adverse impacts by human activities. The Trust in partnership with Tesla offers ICO holders a chance to win a 2024 Tesla EV, a model believed to contribute to carbon reduction efforts. Entry to the draw only requires OCTO tokens, which can be acquired at a discounted price. In addition to securing entry to a draw, OCTO tokens open investors’ access to a lot of goodies including monthly rewards like the Saltwater Sweepstake determined via a snapshot of holders.

Octoblock’s APY is higher than existing initiatives in the market and Trove hopes to maintain its stability during adverse markets by pivoting Beefy Finance.

Here’s more:

Buy OCTO: https://reef.octoblock.io/register

Website: https://octoblock.io/

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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