Meme coins, like Pepe (PEPE), Shiba Inu (SHIB), and Dogecoin (DOGE), initially gained appeal due to internet fame. However, the recent surge of interest in utility tokens like Pullix (PLX) indicates a noteworthy shift in investor sentiment. This crypto ICO is changing the game, already selling 4.7M tokens in Stage 2 of its presale, making some experts peg it as the next 100x token in 2024. Today, we will discover what makes it so appealing.
Pepe (PEPE): New Contest
The Pepe (PEPE) team recently announced an upcoming art contest to reward the top 500 artists with PEPE tokens. Simultaneously, the top 500 Pepe coin holders will receive exclusive Pepe artwork on Christmas Day.
This news caused an uptick in Pepe’s price from $0.000001392 on December 13 to $0.000001406 on December 15. The technical analysis for Pepe signals a bullish trend, showing 18/30 (60%) positive trading days, with its price sitting above its 21-day EMA.
Industry experts have taken notice of these developments while making their Pepe price predictions. They are forecasting a value increase to $0.000001516 before 2024 starts.
Shiba Inu Price Prediction
As per crypto analyst Ali Martinez, the potential for Shiba Inu (SHIB) to reach $0.000014 exists if it closes above $0.000011. However, failure to reach this mark might see the Shiba Inu price plummet to $0.000008.
Following this news, Shiba Inu saw a rise from $0.0000098 on December 14 to $0.0000099 on December 15. The technical analysis for SHIB also paints a bullish picture backed by 21 indicators in the green and its value sitting above its 50 and 100-day EMAs.
Prominent market analysts consider these Shiba Inu price indicators as they suggest a potential rise to $0.00001075 before December 2023 ends.
How High Will Dogecoin Go?
Similarly, Ali Martinez stated that Dogecoin (DOGE) has cleared all major resistance levels. According to him, if the $0.095 support level remains strong, the Dogecoin price may reach $0.14 soon. After this Dogecoin news, the altcoin surged from $0.095 on December 14 to $0.096 on December 15.
Technically, Dogecoin may continue this bullish trend as it experienced 21/30 (70%) green days with 10.07% price volatility over the last 30 days. Its Fear & Greed index also sits at 70 (Greed) – good bullish signs.
Well-known crypto experts predict that Dogecoin may reach $0.1053 before the end of 2023. This makes it a good crypto to buy.
Pullix (PLX): The Best DeFi Crypto
Pullix (PLX) is an upcoming one-of-a-kind hybrid DeFi exchange that aims to dominate the online trading sector. Since it will merge the best aspects of centralized and decentralized exchanges in one place, traders can experience a 1000:1 leverage, deep liquidity, revenue sharing and trading features including automated trading.
This approach also eliminates all issues that other trading platforms face. For example, you no longer need to worry about high trading costs as Pullix will charge 0% commissions while having tight spreads. Furthermore, unlike Binance, which focuses only on crypto, you can trade all asset classes (including crypto) on one account.
The Pullix native token, PLX is the driving force behind this platform – offering holders passive income via staking, access to exclusive assets and discounts on trading fees (up to 60%). It is now in Stage 2 of its presale and costs just $0.042. Its value has increased by 5% from its starting price. But, as the presale advances, this percentage will increase. Some experts even foresee a 580% growth before its presale ends.
This crypto ICO has become a magnet for investors seeking more than just viral fame since it has real-world connections to many booming financial markets. Take Forex, for example; its daily volume reached $6.6T, according to the 2019 Triennial Central Bank Survey. This means it is very resilient during turbulence. Therefore, Pullix may be the best crypto investment right now.
Conclusion
While meme coins like Dogecoin, Shiba Inu, and Pepe have social media buzz, they lack fundamental utility like Pullix. You can use the PLX token as the main currency on Pullix, or if you choose to stake it, you will even receive a percentage of the daily revenue Pullix makes. Plus, thanks to its real-world ties and a low market cap ($8M), doubling its value (and returns) will be easy. PLX could be one of the top altcoins to watch in 2024.
For more information regarding Pullix’s presale see links below:
Disclaimer:
This article is for information purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell or hold securities or financial instruments. Readers should conduct their own research and seek advice from financial advisors before making any investment decisions. The information presented may no longer be current and may be out of date.
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