Meme coins Floki (FLOKI), Pepe (PEPE), and Shiba Inu (SHIB) are making waves in the meme coin market with their soaring values. However, a new utility token is also catching attention – Pullix (PLX). This newcomer recently made its debut on Uniswap and is set to appear on BitMart soon. With over 100M tokens already in circulation, analysts predict it to be the next 100x crypto in 2024.
Floki (FLOKI): Value Skyrockets Following DAO’s Burn Vote
Floki (FLOKI) has been making news in the meme coin arena. Importantly, Floki revealed that its DAO has decided to burn 190,918,585,431.84 FLOKI tokens. According to the announcement, all these tokens will be burnt within a week.
Following this announcement, Floki’s value shot up from $0.000036 to $0.0001581 in just a week. Additionally, this meme coin’s market cap rose from $345M to $1.51B during the same period. The Floki coin is also trading above its 50 and 100-day EMAs, indicating a bullish sentiment. Hence, experts predict Floki to reach $0.000171 by Q2 of 2024.
Pepe Achieves New All-Time High (ATH)
In the meantime, Pepe (PEPE) has also seen significant growth. According to CoinMarketCap data, the price of Pepe has risen from $0.0000013 to $0.0000074 in the last week alone, marking a new ATH for this meme coin. Furthermore, its market cap has grown from $570M to $3.15B during this time.
The technical analysis for this meme coin also indicates bullish trends. For example, 23 technical indicators are showing positive signals for the Pepe coin. Owing to these factors, crypto experts have made a bullish prediction for Pepe’s price, forecasting a rise to $0.000009 by Q2 of 2024.
Shiba Inu (SHIB): RFK Jr. Backs One of the Meme Coin Titans
Shiba Inu (SHIB) is another meme coin that has been in the news this week. Notably, Shytoshi Kusama shared a new photo of RFK Jr., which shows him with a sticker that reads, “It’s not a Meme, It’s a Movement”. This simple visual strongly indicates his support for the Shiba Inu movement.
The price of this meme coin has risen from $0.0000098 to $0.00002697 in the past week. Its market cap has also increased from $5.59B to $15.89B during this period. Moreover, the Shiba Inu crypto is now trading above its 50 and 100-day EMAs. Given this positive Shiba Inu news, analysts predict its value to reach $0.000031 by Q2 of 2024.
Pullix (PLX): Impressive Debut and Growth Prospects
While these meme coins are on the rise, a new utility token is also making waves – Pullix (PLX). This new crypto was recently listed on Uniswap and is set to be listed on BitMart on March 7, indicating Pullix’s expansion plans. These new exchange listings are expected to increase liquidity and demand for its token, PLX.
PLX is the primary trading currency on Pullix, a hybrid platform. Pullix aims to provide deep liquidity and access to all asset classes (cryptos, gold, etc.). With this feature, Pullix plans to penetrate the Forex market, which has a daily volume of $6.6T.
Another interesting feature is Pullix’s “Trade-to-Earn” revenue-sharing model. In essence, it will reward PLX stakers with a share of their daily earnings. Simply holding the PLX token will also yield gains as Pullix implements a burn feature that significantly reduces supply and increases scarcity.
This crypto was launched at a price of $0.168, and early investors have already seen a 320% ROI. With more exchanges planning to list PLX soon, experts believe it could grow by 100x by Q2 of 2024, making PLX a top crypto investment right now.
Will Pullix Surpass Floki, Pepe, and Shiba Inu?
With a market cap of $33.6M, Pullix has significant growth potential as it requires fewer new funds. Moreover, PLX has utility, while the meme coins are primarily driven by hype. This puts it in a strong position to outperform Floki, Pepe, and Shiba Inu as the leading crypto.
For more details about Pullix, see the links below:
