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Shiba Inu (SHIB) has experienced explosive growth, especially during the past month where it climbed in value by 343.4%. Moreover, during the past week, the crypto also more than doubled in value, sparking a lot of interest among traders. It's not the only altcoin to achieve significant growth, as Pullix (PLX) is up 320%, got listed on Uniswap, and will soon experience a major listing on BitMart. Today, we will go over their price performance to see which one can come out on top.
Shiba Inu (SHIB) experienced a substantial jump in value which resulted in a breach of the $5 billion market cap. Moreover, the crypto is up 343.4% during the past month, and climbed by 283.5% during the past week.
According to the Shiba Inu coin price metrics, it climbed from a low point of $0.00001036 to a high point at $0.000045 during the past week. Subsequently, the Shiba Inu size has grown massively, and at this rate could reach even further gains. According to the Shiba Inu price prediction, it is projected to reach $0.000061 by the end of 2024.
Pullix (PLX) recently completed its blockchain ICO, where it raised $9.5 million and where 100 million coins were sold. Moreover, the earliest investors got a ROI of 320%, signifying massive growth potential in its future as-well.
The coin also got listed on top of Uniswap, and will soon get listed on BitMart, specifically, on March 7. The launch price for Pullix was set at $0.168, and established a fully diluted market cap of $33.6 million for the coin. Analysts are however tipping that it can be a $100 million altcoin, and are projecting a 100x price upswing following its launch.
The catalysts for its growth include its unique hybrid approach, where it combines the best elements of CEXs and DEXs in a unified platform. Moreover, it will also introduce a revenue share system where anyone can get a percentage of the daily revenue generated. In addition, it will even feature a token burn system which will decrease the supply and increase scarcity.
It's clear that Shiba Inu experienced explosive growth and that it could become one of the largest players in the industry over time. Yet, the most significant level of attention has gone towards the Pullix project.
Not only will it experience future exchange listing, leading to much more accumulation and value growth, but it can become a major player in the exchange space with its innovative approach. These aspects position the PLX crypto as one of the best cryptocurrency to invest in.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
