Traders Shift From Meme Coins Like PEPE & SHIB to Utility Tokens Like Pullix (PLX)

11 months ago 25
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Recent crypto trends suggest a notable shift among traders from meme-centric tokens like Pepe (PEPE) and Shiba Inu (SHIB) to utility-driven assets like Pullix (PLX). This new ICO is making headlines as its Stage 2 performance has been remarkable – selling 4.2M tokens and raising $199,000. Some experts in the field even have PLX pegged as the next 100x token in 2024 – keep reading to learn why.

Pepe Coin Price Prediction

The Pepe (PEPE) team recently announced that a new art contest will be underway where the top 500 artists will receive PEPE. On the other hand, the top 500 Pepe coin holders will receive Pepe art on Christmas Day. After this news, the Pepe price increased from $0.0000013 on December 13 to $0.0000014 on December 15.

The Pepe technical analysis is signaling a bullish sentiment, with altcoin experiencing 18 positive trading days over the last month alone. Moreover, its Fear & Greed index now sits at 70 (Greed).

Experts in the field have taken note of all these developments as they foresee its value reaching $0.0000015 before December 2023 ends. This may be a good crypto to buy for some, but a $1 valuation is still years away.

How High Can Shiba Inu Go?

According to crypto analyst Ali Martinez, Shiba Inu (SHIB) may reach $0.000014 if it sees a weekly close above $0.000011. But, if it does not manage to do that, the Shiba Inu price may drop to $0.000008. After this Shiba Inu news, the altcoin increased from $0.0000097 on December 14 to $0.0000099 on December 15.

The technical analysis for Shiba Inu points to this bullish trend continuing with 21 technical indicators in the green. Furthermore, it has experienced 21/30 (70%) green trading days.

Market analysts point to these factors when making their Shiba Inu price predictions, which state it may hit $0.00001075 before 2024 begins.

Pullix (PLX): On The Top ICO List

Pullix (PLX) is making headlines in the crypto market as a unique trading platform combining the best DEX and CEX features. This approach eliminates all challenges that currently plague the online trading sector. For instance, while platforms like Coinbase have a limited asset class selection (only cryptos), Pullix will differentiate by allowing the trade of all asset classes (including cryptos) on one account. This will significantly help convenience for traders.

While the exchange is the main focus of the Pullix team, it will also incorporate many components in its ecosystem:

  • Copy Trading: Copy the trades executed by experienced traders, using their knowledge to enhance your investment portfolio.
  • Swap Platform: Participate in token exchanges with negligible fees via the Pullix decentralized finance (DeFi) swap feature.
  • Trade-To-Earn: Instantaneously receive tokens credited to your account for every trade.

The hype for this DeFi project is intense as global investors seek to obtain its native token, PLX, before its value skyrockets. This token is crucial as it provides access to exclusive asset classes, trading fee discounts (up to 60%), and more. Those who stake PLX will even receive a percentage of Pullix’s daily revenue.

One PLX token costs just $0.042 – a 5% price increase from its start. Since it taps into many flourishing markets like the OTC derivatives one, which BIS valued at $20.7T in 2022, its long-term growth potential is outstanding. Some experts even foresee it rising by 580% before the presale ends and another 100x growth after it hits exchanges in 2024 – making it the best ICO.

Final Thoughts

Unlike meme coins like Shiba Inu and Pepe, which lack concrete utility, PLX does as a currency you can use on the Pullix platform. It is clear that it also possesses tangible value and long-term sustainability. Furthermore, since it has a low market cap of $8M, it may surge much faster than Shiba Inu ($5B) and Pepe ($584M) as fewer new funds are needed. Due to all these reasons, Pullix is the best crypto to buy.

For more information regarding Pullix’s presale see links below: 

Visit Pullix

Join The Pullix Communities

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