Despite the ongoing bullish momentum in the crypto market, certain meme tokens appear to have exited the party prematurely or let’s say they are experiencing fatigue. Notably, Shiba Inu and Dogecoin have recently undergone price retracements, creating an opportunity for emerging tokens like Pullix to gain prominence, particularly in the context of an ongoing token presale. So what makes Pullix come out as a more promising token for investors?
Can Shiba Inu (SHIB) Cross its ATH Amidst Bullish Market Momentum
While the overall crypto market is experiencing a bullish trend, it may prove to be quite challenging for Shiba Inu Coin to surpass its previous all-time high of $0.00008845, given its current price of $0.00001002.
This is primarily due to the negative press surrounding the cryptocurrency in recent times, which has eroded investor confidence. As a result, it may take some time for investors to regain trust in the asset, potentially limiting any significant upward price movement in the near future. What about Dogecoin?
Despite Price Retracement, Dogecoin Maintains Bullish Momentum
Dogecoin has demonstrated a notable price surge of 10.43% within the past 24 hours, reaching approximately $0.100528 USD, accompanied by a substantial trading volume of $2,693,125,875 USD. The meme token currently holds the 9th position among the top cryptocurrencies based on market capitalization.
In the earlier part of the trading day, Dogecoin achieved a new high of $0.1053, subsequently undergoing a retracement to its present value of $0.098. Despite this retracement, the coin remains in a profitable zone compared to its opening price of $0.093. Although experiencing a moderate pullback, Dogecoin stands out as one of the best cryptos to invest in, evident in its 7-day price surge of approximately 25.53%.
Pullix (PLX) Witnesses Remarkable Price Surge During Presale Amid Growing Investor Enthusiasm
Pullix remains in the spotlight for investors, driven by its groundbreaking solution that paves the way for lucrative investment opportunities. The new trading exchange aims to bridge the gap between decentralized and centralized exchanges, delivering a comprehensive experience that integrates elements of online OTC trading.
Amid its notable benefits, Pullix strives to provide users with an encompassing trading journey, featuring high level liquidity provision, faster transactions, yield farming and an easy usage system that is unique to both CEX and DEX.
Meanwhile, Pullix introduces its native token, $PLX, serving as a dual-purpose governance token. This unique token grants traders access to unprecedented rewards and benefits. Notably, PLX stands out as more than an ordinary native asset, functioning as a value-driven component stabilized by a portion (up to 30%) of Pullix’s revenue. By offering more stability regardless of market volatility, Pullix is positioning itself among the best new crypto to invest in.
In terms of incentives, traders can significantly boost their revenue through diverse yield generation methods, including staking $PLX tokens and providing liquidity. Staking provides flexible incentives, while liquidity providers enjoy an accumulated interest rate ranging from 8 to 18% per annum, depending on the lock duration.
With a capped supply of 200 million tokens, 60% allocated for presale at an initial rate of $0.04, early investors stand to gain substantial benefits from this transformative platform. Ultimately, Pullix is heralding a new era in online wealth generation, offering a more gratifying prospect for those in pursuit of the best crypto investment.
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