Shiba Inu (SHIB) Leader Kusama’s Quest for Digital Identity Revolution, Pullix (PLX) Skyrockets by 100%

Published on:

14 Jan 2024, 1:06 am

In the current DeFi market, Shiba Inu (SHIB) leader Kusama has set its sights on revolutionizing digital identity. Simultaneously, Pullix (PLX) makes an astounding 100% surge as it enters Stage 6 of its presale. Some analysts even foresee this altcoin pumping by 100x in 2024. But why? Let's take a closer look and find out.

Shiba Inu News

Recently, Shytoshi Kusama, the leading developer behind Shiba Inu (SHIB), revealed a plan focused on transforming digital identity. The proposal will introduce ".shib" top-level domains (TLDs). As a result, it will bring an integrated internet identity layer within the Shiba Inu ecosystem, making interactions more straightforward.

After this news, the Shiba Inu coin pumped from $0.000009277 on January 9 to $0.000009375. The technical analysis of this memecoin also paints a bullish picture. Firstly, SHIB now trades above its 50 and 100-day EMAs. Secondly, Shiba Inu recorded 16/30 (53%) green trading days over the last month alone – good bullish signs.

Because of all these factors, market analysts foresee a price pump to $0.00001029 for Shiba Inu within Q1 of 2024. This makes SHIB one of the top meme coins to watch.

Pullix (PLX): The Best Coin To Invest In

Pullix (PLX) has made waves in its own right as Stage 6 of its presale has begun. With this advancement, those who bought the PLX native token early now enjoy a 100% ROI. Additionally, the Pullix team announced that a 20% token bonus is also in effect. With this development, interest in this new ICO event is skyrocketing.

We're BACK with a BANG! 💥
The Pullix website is live again and now with a juicy 20% token bonus. 🤑
Limited-time only! Bonus ends in 48 hours.
Take advantage now: https://t.co/LZ4SnpGys2 #Pullix #Presale #Crypto pic.twitter.com/EMny7Wpklt
— Pullix (@Pullixmarkets) January 10, 2024
Global investors are gravitating towards Pullix as it brings something new. Pullix will introduce a hybrid trading platform combining the best DEX and CEX features. For example, you will find all asset classes (including cryptos) on one account, deep liquidity, and low trading fees on Pullix. But its ecosystem will also include:
Swap: Engage in a DeFi swap, enabling token trading at minimal fees.
Copy Trading: Access a feature allowing the replication of trades executed by seasoned traders in the Pullix ecosystem.
The PLX native token is the driving force behind these features. It will also be required to make trades on this platform. By holding it, you will receive exclusive access to certain assets as well as reduced trading fees. But what makes Pullix stand out is its revenue-sharing model. With this model, all PLX stakers will receive a portion of what Pullix makes daily.
Thanks to all these benefits, over 65M PLX tokens have been sold so far, helping Pullix raise $3.4M. Currently, one PLX is worth just $0.08, but experts predict a 580% surge before the presale ends. Once it hits exchanges in Q1 of 2024, a 100x pump may also occur – making PLX the best crypto to buy.
What Gives Pullix an Advantage Over Shiba Inu?
Pullix and Shiba Inu are both altcoins to watch; however, Pullix has many advantages. For instance, SHIB is a meme coin that is hype-driven and very volatile. On the other hand, PLX has an actual utility that could bring it significant real-world adoption. Additionally, Pullix has a market cap of $16M, while the SHIB market cap sits at $5.5B. This means that PLX would need a smaller influx of new funds for its price to soar. Finally, Pullix has real-world ties to many flourishing markets like the OTC derivatives one, which BIS valued at $20.7T in 2022. Because of this, Pullix could surge much faster than its peers.
For more information regarding Pullix's presale see links below:
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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.

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