Altcoins
Shiba Inu (SHIB) Surpasses $5 Billion Market Cap, Analysts Predict This New $120 Million Altcoin to Surpass It in 2024
Shiba Inu (SHIB) has seen explosive growth, including over the past month where its value has soared 343.4%. Additionally, over the past week, the value of the crypto has also more than doubled, generating a lot of interest among traders. It’s not the only altcoin seeing significant growth, as Pullix (PLX) is on the rise 320%, has been listed on Uniswap and will soon see a major listing on BitMart. Today we will review their value for money to see which one can come out on top.
Shiba Inu (SHIB) Jumps 343.4% in Value – How High Can It Climb in Q4?
Shiba Inu (SHIB) saw a substantial rise in value, resulting in the market cap surpassing $5 billion. Additionally, the crypto is up 343.4% over the past month and 283.5% over the past week.
According to Shiba Inu coin price metrics, it rose from a low point of $0.00001036 to a high point of $0.000045 over the past week. Subsequently, the Shiba Inu’s size increased massively, and at this rate it could achieve even greater gains. According to the Shiba Inu price prediction, it is expected to reach $0.000061 by the end of 2024.
Pullix (PLX) raises $9.5 million and sells 130 million tokens – poised to become a $120 million market cap token
Pullix (PLX) recently completed its blockchain ICO, where it raised $9.5 million and 100 million coins were sold. In addition, the first investors obtained a return on investment of 320%which also means huge growth potential in its future.
The coin has also been listed on Uniswap and will soon be listed on BitMart, specifically on March 7. The launch price of Pullix was set at $0.168 and established a fully diluted market capitalization of $33.6 million for the coin. Analysts, however, estimate that it could be a $100 million altcoin and predict a 100x price increase following its launch.
The catalysts for its growth include its unique hybrid approach, where it combines the best elements of CEXs and DEXs into a unified platform. Additionally, it will also introduce a revenue sharing system through which everyone will be able to get a percentage of the daily revenue generated. Additionally, it will even feature a token burning system that will decrease supply and increase scarcity.
Summary
It’s clear that Shiba Inu has experienced explosive growth and could become one of the biggest players in the industry over time. Yet the most attention has been focused on the Pullix project.
Not only will it see a future stock market listing, leading to much greater value accumulation and growth, but it can become a major player in the stock market space with its innovative approach. These aspects position PLX crypto as one of the best cryptocurrencies to invest in.