Shiba Inu (SHIB) Burn Rate Surges by 2924.74% In The Last 24 Hours - Pullix (PLX) to Introduce a Hybrid Trading Platform in Q1

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January 24, 2024
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2 min read
Shiba Inu (SHIB) editorial. Illustrative photo for news about Shiba Inu (SHIB) - a cryptocurrency

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email [email protected]

Everyday, the crypto market is overrun by high volatility and uncertainties. In light of that, investors' interests now lie elsewhere, especially in top crypto coins like Shiba Inu as well as new entrants with strong profit signals and favorable price metrics.

One such coin that falls in the latter category is Pullix, which seeks to revolutionize online trading by introducing a hybrid platform that integrates the best features of both centralized (CEX) and decentralized (DEX) exchanges making it the best cryptocurrency to invest in 2024. 

Over 30K Shiba Inu (SHIB) ,Tokens Incinerated

In a surprising twist, the Shiba Inu (SHIB) token's burn rate has surged by an astounding 2924.74% in the last 24 hours. Shiba Inu burn data revealed that 30,247,447 Shiba Inu tokens were incinerated contributing to a total of 410.7 trillion tokens burned from the initial supply, with the current max total supply standing at 999.9 trillion tokens.

Market analysts are closely monitoring the impact of this unprecedented burn rate surge on Shiba Inu price, currently at $0.000009519. 

The increased burn rate is anticipated to positively influence market dynamics by reducing the circulating supply, potentially driving up demand and boosting the token's value. Additionally, a significant investment by an Ethereum whale and Robinhood's increased holdings in SHIB further contribute to the positive sentiment, suggesting  Shiba Inu as a good crypto to buy.

Pullix Revolutionises Online Trading, Introduces Hybrid Platform of Centralized and Decentralized Exchanges

Pullix (PLX) seeks to revolutionize online trading by introducing a hybrid platform that integrates the best features of both centralized (CEX) and decentralized (DEX) exchanges. With Pullix, traders can benefit from deep liquidity, self-custodial portfolio management, and access to various asset classes, including cryptocurrencies.

The driving force behind Pullix, is its native token - PLX which is essential for obtaining trading fee discounts and accessing specific assets. What sets PLX apart is its role as the first "Trade-to-Earn" crypto, allowing users to receive a percentage of Pullix's daily revenue by staking PLX, providing an opportunity for passive income.

Currently in stage 6 of its presale, one PLX is priced at just $0.08. Its significant long-term growth potential is attributed to its connection to the Forex market, considered the largest by Baby Pips. Analysts anticipate a substantial increase, possibly reaching a 100x surge, after PLX hits exchanges in Q1 of 2024.

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

 Visit Pullix

Join The Pullix Communities

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email [email protected]

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].

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