Meme Coin Whale Is Selling Large Amounts Of BONK and SHIB To Buy This DeFi Gem As It Gears Up For Launch

As excitement around meme coins wanes, savvy investors are tactically diversifying their portfolios into alternative digital assets. Despite this trend, Shiba Inu coin and Bonk continue to exhibit promising price movements, fueled by residual hype surrounding meme coins. 

However, with expectations of the meme coin frenzy subsiding, whales are preemptively offloading their Shiba Inu and Bonk holdings to seek refuge in Pullix. Positioned as a hybrid platform, Pullix emerges as the next best crypto to invest in.

Pullix (PLX) Emerges as The Next Best Crypto Investment for Investors Eyeing Substantial Gains

While whales and institutional investors are gradually offloading SHIB and BONK tokens, Pullix is steadily becoming the most favorable option for investors as the token holds substantial value as a hybrid platform that fuses elements from CeFi and DeFi exchanges.

Pullix (PLX) emerges as a rising star in the decentralized finance arena, nearing the culmination of its presale phase. Positioned at the forefront of the Web3 landscape, it offers investors seamless access to a diverse range of assets, including cryptocurrencies, without the hassle of KYC procedures.

Having already garnered over $6 million in its presale journey, Pullix continues to innovate, introducing a Profit Share model to incentivize user engagement. With its launch imminent in a few weeks, it’s widely regarded as the best crypto investment opportunity.

Pullix currently boasts over 15,000 PLX holders currently onboard, and the project is in the 7th stage of its 8-stage blockchain ICO journey. Priced at $0.10, industry experts predict a staggering 100x surge in value upon official launch, firmly establishing Pullix as a frontrunner in the cryptocurrency investment landscape.

Meanwhile, Pullix has sold over 90 million tokens worth over and is already listed on CoinGecko, a giant step that is poised to garner more than enough attention for Pullix most especially after it launches. 

Shiba Inu (SHIB) Losses In Trading Volume (TVL) as Whales Sells Off

Shiba Inu is currently losing 6.39% in trading volume, reflecting the decrease in the purchase of SHIB tokens. While the token itself is gaining 8.93% on a weekly basis, Shiba Inu is still down by 0.76% from the monthly outlook as it faces a series of fluctuations.

Regardless, Shiba Inu price  is holding in a weekly range of $0.00000885  to $0.000009696, but may be able to break more resistance levels as the year closes in. The memecoin is also currently down by 88.8% from its last ATH, which occurred two years ago.

While SHIB coin still signals as one of the best meme coins to consider investing in, it’s important to tread cautiously, given that the meme coin hype is slowly waning; so, before deciding to invest in Shiba Inu, make your research on other favorable cryptos to buy.

BONK Trading Activity Sees Decline Despite Price Increase Over the Past Week

In 2023, Bonk price shot up by over 7,000%, making it a top pick among meme coins. Although its performance slowed in January 2024, there’s renewed interest in this Solana-based meme coin.

With a sudden price surge, BONK rode the wave of the broader crypto market. The crypto has reportedly gained over 35% in just a week, signifying as one of the top short-term gainers this year. However Bonk is still miles ahead from recovering from its monthly loss.

With Bonk losing by 6.58 from a monthly view, and a substantial 26.72% decrease in its trading volume, Bonk price leaves investors in fear of a further price depreciation. However, the coin could be a good crypto to consider for a long-term investment.

For more information regarding Pullix’s presale see links below:

Visit Pullix  | Join The Pullix Communities

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.