In the current DeFi market, Shiba Inu (SHIB) leader Kusama has set its sights on revolutionizing digital identity. Simultaneously, Pullix (PLX) makes an astounding 100% surge as it enters Stage 6 of its presale. Some analysts even foresee this altcoin pumping by 100x in 2024. But why? Let's take a closer look and find out.
Recently, Shytoshi Kusama, the leading developer behind Shiba Inu (SHIB), revealed a plan focused on transforming digital identity. The proposal will introduce ".shib" top-level domains (TLDs). As a result, it will bring an integrated internet identity layer within the Shiba Inu ecosystem, making interactions more straightforward.
After this news, the Shiba Inu coin pumped from $0.000009277 on January 9 to $0.000009375. The technical analysis of this memecoin also paints a bullish picture. Firstly, SHIB now trades above its 50 and 100-day EMAs. Secondly, Shiba Inu recorded 16/30 (53%) green trading days over the last month alone – good bullish signs.
Because of all these factors, market analysts foresee a price pump to $0.00001029 for Shiba Inu within Q1 of 2024. This makes SHIB one of the top meme coins to watch.
Pullix (PLX) has made waves in its own right as Stage 6 of its presale has begun. With this advancement, those who bought the PLX native token early now enjoy a 100% ROI. Additionally, the Pullix team announced that a 20% token bonus is also in effect. With this development, interest in this new ICO event is skyrocketing.
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