The crypto market is gaining steam again, with altcoins like Dogecoin ($DOGE) and Shiba Inu($SHIB) showing promising signs. However, a new crypto ICO, Pullix ($PLX), emerges onto the scene, aiming to become one of the top 10 altcoins. With $PLX now in Stage 1 of its presale, many experts forecast a potential rise of 100x in 2024 for it. Keep on reading as we discover why.
How High Can Dogecoin Go?
Recently, the crypto analyst Ali Martinez made a bullish Dogecoin price prediction. He noted that Dogecoin has surpassed all primary resistance levels. Over the past month, DOGE experienced a surge, rising from $0.081 on November 11 to $0.098 on December 11. According to Martinez, if the $0.095 support holds firm, we can expect the Dogecoin price to reach $0.14 soon.
From a technical analysis standpoint, Dogecoin could continue this bullish trend. It is now sitting comfortably above its 100 and 200-day EMAs while having 20 green days over the last month.
Experts have taken note of all these factors as they foresee its value reaching $0.1088 before December 2023 ends. This makes Dogecoin one of the altcoins to watch at the moment.
Shiba Inu Price Prediction
Similarly, Shiba Inu has been displaying bullish signs recently. The Shiba Inu price has increased from $0.000009034 on November 11 to $0.00001026 on December 11. This increase was helped by the recent Lucie X post, which highlighted a potential game-changing announcement coming to Shiba Inu.
After this Shiba Inu news, interest in this altcoin skyrocketed once more. Furthermore, Shiba Inurecorded 19/30 (63%) green days with 7.17% price volatility over the past month. The Fear & Greed index also shows a 74 (Greed) rating.
As these technical indicators all show bullish signals, market analysts have noticed. They predict a potential surge to $0.000013 by the time December finishes. Therefore, SHIB remains a good DeFi coin to own.
Pullix ($PLX): One of the Best Altcoins To Invest In
Pullix promises a revolutionary take on trading exchanges. It is more than just a typical exchange platform; it's a hybrid model combining the best of CEX and DEX. Thus, you can enjoy the best of both worlds, as it will provide deep liquidity, enhanced security, and zero commissions with tight spreads. Additionally, unlike many platforms like Coinbase or Binance, you can trade all assets (including cryptos) on Pullix, improving efficiency.
While the exchange is the main focus of the Pullix team, they have announced many other features that will be included in its vast ecosystem:
● Copy Trading: This feature will allow you to replicate successful traders' strategies using AI-backed algorithms. ● VaultX: This decentralized, multichain yield optimizer will let you compound interest on your crypto assets. ● Lending Protocol: The lending protocol introduces money markets designed for lending and borrowing, opening up new avenues for you.
All these features are powered by the $PLX native token, which is now in Stage 1 of its presale. It costs just $0.04, but holding it will bring you many exciting features like a portion of the platform's daily revenue or trading fee discounts. It recently got listed on the Coinryse exchange, which suggests growing adoption.
This new ICO event is causing hysteria among the crypto community as over 5M tokens have been sold so far. With such a high demand, experts foresee it rising by 580% before the presale ends and another 100x growth after it hits exchanges - making it the best crypto investment.
The Most Promising Altcoin
While Dogecoin and Shiba Inu remain promising altcoins on the markets, their growth potential is lacking compared to Pullix. Firstly, they are meme coins, which are very volatile and rely on hype. On the other hand, Pullix is a utility token with real-world connections to many financial markets like the forex one, a 2019 Triennial Central Bank Survey priced at $6.6T.
Moreover, its low market cap of $8M means that Pullix will have better growth opportunities as it needs fewer new funds. Therefore, Pullix is the best new ICO on the market.
For more information regarding Pullix’s presale see links below:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
