Cryptocurrency prices are witnessing an upward trajectory, providing investors with even more profit and reward racking opportunities. Major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have seen remarkable jumps, fattening up new hope for the crypto market. As market trends indicate even more crypto price hikes, Shiba Inu (SHIB), Pullix ($PLX) and Polygon (MATIC) are some of the best cryptos to buy now due to bullish market trends. Let’s find out why these three are the best cryptos for investors.
Shiba Inu (SHIB) Price Breaks The $0.00001 Resistance
Shiba Inu (SHIB) is gaining favour among investors as it recently achieved a significant breakthrough, surpassing the $0.00001 resistance level that has been tested multiple times throughout the year. As of press time, Shiba Inu price is above $0.00001 reaching a peak of $0.00001051 within the last 24 hours to accomplish an increase in trading volume, compared to December 5, according to CoinMarketCap.
Despite exhibiting bearish activity, Shiba Inu’s coin has successfully broken out of the descending triangle pattern on the weekly chart, signalling increased investor enthusiasm for SHIB. The meme token is currently ranked 16th on the top crypto price list by market capitalization, and boasts a market cap of 6.15 billion, according to CoinMarketCap.
Polygon (MATIC): Bullish Run Renews Hope For Investors
Polygon (MATIC), a prominent layer two solution operating alongside the Ethereum blockchain, has emerged as a preferred choice for investors seeking efficient transactions with minimal fees. The utility token, MATIC, initiated the fourth quarter of 2023 at $0.661, experiencing a swift ascent to $0.76 by November 22. This bullish trajectory has proven advantageous for MATIC investors, showcasing the platform’s appeal.
Analytical forecasts anticipate MATIC’s value to reach $0.86 by December 2023, with projected price ranges swinging between $0.7727 and $0.8784. However, bullish sentiments in certain circles suggest the potential for Polygon MATIC price to surpass $1 by year-end. Factors contributing to this optimism include the anticipated approval of a Bitcoin ETF by the SEC and recent notable sell-offs in the market.
As of the latest update, the Polygon crypto price has exceeded $0.82 within the last 24 hours, indicating potential for further upward movement before the conclusion of 2023. This positions Polygon (MATIC) as one of the standout cryptocurrencies to monitor closely in the coming weeks, with its ongoing bullish trends capturing the attention of the crypto community.
Pullix ($PLX): Disrupting Online Trading Status Quo
Pullix ($PLX) stands as an innovative decentralized exchange, committed to addressing prevalent challenges faced by crypto traders. These challenges include liquidity issues, high fees, low transparency, and a lack of fluidity in seamlessly trading global assets. Essentially, the platform aims to leverage the advantages of both DeFi and online OTC retail trading to create a more encompassing exchange platform.
With a robust, secure, and encrypted infrastructure, Pullix provides a platform for traders to engage in easy and secure transactions. The use of encrypted and anonymous transactions ensures the protection of user data and investments. The $PLX token, doubling as both native asset and revenue-sharing token, adopts an innovative self-stabilization mechanism that positions Pullix among the best crypto to buy.
Pullix extends additional rewards and passive income opportunities for investors who choose to stake their tokens, with increasing rewards up to 18% per annum. Moreso, users have the flexibility to claim rewards, restake them, or retain them in their wallets post lock duration. Furthermore, the platform adopts a community-led approach, ensuring that traders stay informed about changes and updates, fostering engagement and inclusivity.
Other noteworthy offerings on Pullix include yield farming, staking, liquidity provision, copy trading for increased success rates, and a vault enabling users to earn compound interest on crypto holdings. The unique $PLX token is priced at $0.04 per token, with a current market cap of $8 million. Analysts foresee a potential price surge for Pullix, given its innovative features, positioning it as one of the best new cryptocurrencies to invest in.
For more information regarding Pullix’s presale see links below:
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