Shiba Inu (SHIB) recently experienced a spike in the burn rate, according to data from Shibburn, a platform that streamlines the burning insights on top of the ecosystem. Alongside it, Polygon (MATIC) has managed to break out from consolidation and is forming bullish patterns.
Pullix (PLX) stands out as an upcoming, community-backed exchange as it solves key issues found in DEXs and CEXs. We will go over each crypto to see which is the best crypto to buy.
Pullix (PLX) to Bridge the Gap Between CEXs and DEXs and Solve Key Issues
Pullix (PLX) is a trading exchange that will bridge the gap between CEXs and DEXs whilst also solving issues that have been a part of the industry for years. The project is currently in its crypto ICO phase and is making massive progress.
- A notable issue is liquidity, and the platform will solve this by incentivizing users to contribute to the ecosystem. As a result, it can offer far more competitive pricing than other platforms.
- It will also solve complex onboarding issues by not requiring users to complete KYC procedures.
- There will not be any central points of failure as users will also be able to store their own private keys and have custody of their own assets.
There are also zero commissions with tight spreads, and Pullix will also make them transparently visible on the platform.
Shiba Inu (SHIB) Burn Rate Spikes 1,515.38% – Price to Reach $0.00002
Shiba Inu (SHIB) saw a major upswing in its network activity on December 30. Data from Shibburn suggests that the network saw a 1,515.38% jump in its burn rate, whereas, in the last 24 hours, 221,868,720 SHIB was burned.
As a consequence of this burning, its value increased, as Shibarium’s progression is also a catalyst for its growth. According to Shibariumscan.io, the Shibarium explorer, the network has processed 225,194,059 transactions.
Within the previous week, the Shiba Inu crypto grew from $0.00001028 to $0.00001114. The Shiba Inu year-to-date (YTD) growth was by 31.3%. According to the Shiba Inu price prediction, it can surge to $0.00002 by the end of 2024.
Polygon (MATIC) Breaks Out From Consolidation – Price to Reach $1.85
Polygon (MATIC) has failed to hold the resistance at $1, indicating the possibility of a fresh bearish trend. Regardless of this price action, the Polygon price carries a bullish divergence that can intensify with a bullish close of the year. Polygon is continuing to maintain a bullish weekly candle, which went up from $0.83 to $1.08. Then, the crypto fell to $0.96, showcasing signs of consolidation.
The Polygon price prediction for 2024 seems to be bullish as the crypto is displaying extreme strength and is poised to mark new highs. After failing to rise above the resistance in its previous attempt, MATIC has rebounded with more strength and can reach $1.85 in 2024.
Summary
Shiba Inu could see an upswing, and Polygon broke out of its consolidation phase. Yet, Pullix can come out on top, as it tackles the main pain points found in most exchanges today that have prevented widespread adoption.
Another milestone UNLOCKED!
🚀 We are ecstatic to share that Pullix has officially raised OVER $2 MILLION thanks to our amazing community!
As we continue accelerating towards the future of high-speed trading, every bit of support counts. Thank you! 🙏$PLX pic.twitter.com/OXBVWI4mos
— Pullix (@Pullixmarkets) December 30, 2023
The platform has raised $2.5 million during its crypto ICO. It raced into Stage 5, where PLX trades at $0.07. At launch, the crypto can see a 5,000% rise fueled by the rapid growth of the ecosystem, making it the best crypto to buy.
For more information on Pullix’s presale, see the links below:
Visit Pullix
Join The Pullix Communities
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