Investors are on the lookout for the cryptos with the most upside potential ahead of the anticipated 2024 bull market. While several projects have been analyzed and shilled, three cryptocurrencies stand out.
Experts’ top picks are currently, a new ICO called Pullix, Ethereum Classic and Shiba Inu. Pullix is set to outperform its competitors after selling over 45 million tokens and raising over $2 million in less than a month.
Ethereum Classic (ETC) Remains Among Top 30 Coins
Ethereum Classic (ETC) stands out as a more affordable choice compared to Ethereum. The token has seen huge adoption since Ethereum moved to the Proof-of-stake consensus mechanism. According to CoinMarketCap, Ethereum Classic is the 30th largest token with a market cap of $3.2 billion.
Meanwhile, Ethereum Classic prices have increased with the rest of the altcoin market. It has been trading between $20.00 and $22.41 in the past week. Its price has increased by 8.5% in the past 7 days and 20.3% in the past month.
Additionally, the token has been able to surpass its year-to-date price with a 41.1% gain. According to analysts, Ethereum Classic would see more gains in 2024 if an Ethereum ETF receives the green light. As a result, they have predicted the altcoin price to surge to $35 in 2024.
Shiba Inu (SHIB) Market Lead Urges Shiba Army To Defend Shibarium
Shiba Inu’s marketing director, Lucie, has urged the SHIB community to actively promote Shibarium, the cryptocurrency’s Layer 2 blockchain. Lucie gave ideas to the Shiba Inu community to address naysayers who dismiss Shibarium’s accomplishment in a tweet on December 26th.
She urged all SHIB supporters to use the hashtag Shibarium in their social media posts. Shibarium has witnessed a substantial surge in adoption as a result of her call to action. Its total number of transactions has topped 200 million.
According to Shibariumscan data, the overall transaction volume on the L2 blockchain is 202,904,228. Meanwhile, Shiba Inu coin is up against stiff competition in the cryptocurrency market. The alt coin is currently trading in the $0.00001011-$0.00001124 price range, up 4.2% in the last week.
Pullix (PLX) To Rival Ethereum Classic and Shiba Inu
The utility token of the Pullix platform, PLX, is quickly becoming known as one of the best coins to invest in. Analysts believe it might compete with cryptocurrencies such as Ethereum Classic and Shiba Inu. Furthermore, Pullix plans to launch its project in January 2024. This suggests that the PLX value has the potential for big development.
What distinguishes PLX? Pullix is more than just another cryptocurrency platform; it is a hybrid exchange that provides its customers with a variety of perks. Pullix trading is simplified by high activity and little price discrepancies between buying and selling.
However, Pullix’s influence extends beyond a simple exchange. It is changing the way people understand trading in the cryptocurrency realm. With higher holdings, holding PLX tokens corresponds to sharing in the platform’s success.
This opens up passive income opportunities for PLX holders. They also gain access to unique offerings like NFTs and staking rewards. Another innovative aspect of Pullix is its liquidity provision feature.
Users contributing to the platform’s trading volume can earn attractive interest rates, ranging from 8% to 18%, set fairly through an algorithm. These features collectively make PLX one of the best coins to invest in, particularly for those seeking significant returns in 2024.
Final Words
While Ethereum Classic and Shiba Inu may experience further rises in the future, analysts feel Pullix, a new ICO, offers more perks and features. As a result, they anticipate a 20x price hike. Meanwhile, Pullix’s PLX is trading at $0.07, with stage 4 selling out in less than a week.
For more information regarding Pullix’s presale, see the links below:
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