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Investors and cryptocurrency enthusiasts are scanning the market looking for the best coins to invest in for the bull market. These include the Shiba Inu, the uncertain but likely to fail Pullix, and the Avalanche; You can read it in this sponsored news to find out why analysts are tipping them for the highest-earning tokens in the bull market.
Analyst Ali Says Shiba Inu (SHIB) Shows Major Resistance at $0.000016
In a recent post on X, popular analyst Ali Martinez discussed the recent price increase of Shiba Inu (SHIB) in recent months. Ali has observed a 55% increase in Shiba Inu price in the last three months. This indicated strong upward momentum.
The Shiba Inu price increase is linked to the increase starting in late October and early November 2023. However, Ali identified a major price hurdle for the Shiba Inu coin around $0.000016.
More than 90,000 addresses purchased more than 422 trillion SHIB tokens above this level. If there is a widespread sell-off at this price point, the price of the Shiba Inu may drop. On the other hand, if there is no major sell-off, Shiba Inu coin could continue its upward trend towards $0.00002.
Avalanche (AVAX) Announces Deprecation of Avalanche Web Wallet
The cryptocurrency market faced a downturn on Monday, losing over $83 billion in market value. Still, AVAX managed to weather the storm. After reaching a yearly low of $8.70 on September 25, the Avalanche crypto price has increased by nearly 400% to $34.87.
The platform’s latest unlocking of $213 million worth of tokens did not impact the token’s price momentum. There has also been an increase in trading activities in recent weeks. Additionally, the platform’s staking rewards Avalanche gave hope to the crypto market.
Ava Labs recently announced that the Avalanche Web Wallet will be discontinued on January 23. The aim is to pave the way for Core Wallet to improve user experience, with a focus on advanced AVAX staking. Analysts are predicting a 20x rally in the bull market.
Pullix (PLX) Offers Crypto Investors Access to Various Assets
Pullix (PLX) has launched a user-friendly trading platform that allows individuals to trade various assets. Commodities, stocks, digital assets and other derivatives will be available on the exchange. Thus, the necessity of keeping multiple accounts on various platforms will be eliminated. Cryptocurrencies can also be used as collateral in over-the-counter (OTC) derivatives trading.
The anonymous trading feature of the platform is another interesting feature. Unlike many other platforms, Pullix does not require users to go through the Know Your Customer (KYC) process when registering. Pullix also launched its own native coin, PLX; The currency is claimed to have the potential to become one of the best DeFi currencies in the market.
This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
This coin is crucial to the “Trade-to-Win” idea of the cryptocurrency world. Investors can use the token to engage in business transactions such as buying, selling and exchanging different assets. The platform also offers trading challenges that users can participate in to earn extra money.
Pullix’s platform is planned to be available to all users in the first quarter of 2024 (there is a chance of failure, do detailed research on the project before investing!). PLX token is currently worth $0.042. Experts predict that there will be a huge influx of users due to Pullix’s many features and native token (there is a risk). As a result, they predict that Pullix will rise 580%, making it one of the top DeFi coins in the crypto industry.
This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Conclusion
While Shiba Inu is not a sure thing (there is a chance of failure), Pullix and Avalanche stand out as the best cryptocurrencies to invest in during the bull season. Since Pullix is in the pre-sale phase with a low market value, do your detailed project research before making any transaction!
Click to review Pullix.io.
Click for Pullix social network.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!