Pullix (PLX) is causing an uproar in the crypto community, starting a new altcoin frenzy. Shiba Inu (SHIB) and Optimism (OP) are in the lead, attracting attention from investors in this unpredictable market. But, with close to $5M raised, can Pullix – the Stage 7 presale project become the next 70x token in 2024? Keep reading and find out.
Pullix (PLX): Surges by 150%
Pullix (PLX) has recently made headlines as its presale reached Stage 7. Those who bought the PLX native token early enjoy a 150% ROI. But, since Pullix could become a fan-favorite trading platform for millions, this might be just the tip of the iceberg.
At its core, Pullix could revolutionize online trading by combining the best of CEX and DEX into one. Therefore, you can expect deep liquidity, high leverage at 1000:1 and access to all asset classes (including cryptos) on this DeFi project. While this exchange is the main attraction, the Pullix team will also bring:
- Copy Trading: A feature letting you replicate trades from experienced traders in the Pullix ecosystem.
- Trade-to-Earn: Pullix will reward PLX stakers by giving them a portion of its daily revenue.
Currently, the PLX token is worth only $0.10. Thus, over 13,000 individuals have rushed to buy this token as holding it brings access to certain assets and reduced trading fees. Those looking for more may stake other cryptos with Pullix for a fixed interest rate. Due to all these reasons, analysts predict a 1,000% surge once a Tier-1 CEX lists this altcoin in Q1 of 2024.
Shiba Inu (SHIB) Introduces a Transformative Token Burning Mechanism
Meanwhile, Shiba Inu (SHIB) announced an exciting Shibarium development. According to the official post, Shibarium will implement a token-burning mechanism to automate the process. This Shiba Inu news could bring an upward trend for this memecoin.
Its value has fluctuated between $0.0000092 and $0.000008891 in the last week alone. The Shiba Inu market cap also moved between $5.45B and $5.23B during that time. However, the technical analysis paints a bullish picture, with SHIB now trading above its 100-day EMA. As a result, experts forecast a price surge to $0.0000097 for the Shiba Inu coin in February 2024.
Over 80% of Optimism (OP) Holders in Profit
IntoTheBlock says over 80% of Optimism (OP) holders are now in profit. This is great Optimism news as it has managed to provide this in market turbulence. Its value has been moving fast this past week. It shot up to $3.24 and fell back to $3.04 in a few days. That’s not all, though. The market cap has gone from $3.13B to $2.91B.
From a technical perspective, this altcoin may pump as soon as it trades above its 21 and 50-day EMAs. Therefore, market analysts predict Optimism may hit $3.12 within Q1 of 2024.
Will Pullix Outshine Shiba Inu and Optimism?
Pullix now has a tiny market cap of $20 million compared to Shiba Inu and Optimism. Because of this, this altcoin would only require a fraction of the funds to be injected before its price skyrockets. Traders will love this because they can see more returns than buying other tokens.
For more information regarding Pullix’s presale see links below:
