Shiba Inu and Pepe are two meme coins that skyrocketed to new highs a few months after their launch. However, many missed these tokens.
There is now an exciting new project that’s developing a useful platform called Pullix. Let’s take a look at what it is and what it brings to the table.
Shiba Inu (SHIB) Drops From All-Time High
Shiba Inu (SHIB), the Shiba dog-themed meme coin, surprised the crypto community after its launch. The Dogecoin killer mirrored DOGE’s price rally. After a meteoric rise of over 25,000,000%, the Shiba Inu coin hit an all-time high of $0.00008845 in October 2021.
Many investors who joined the project became millionaires. However, Shiba Inu’s price has since taken the back seat. Info from CoinMarketCap showed it has dropped 86% and is valued at $0.00001018 on December 16th, 2023. The Shiba Inu price is still 12308278.61% above its all-time low of $0.00000000008165.
PEPE Coin (PEPE) Falls From April Peak
Pepe coin (PEPE) entered the crypto market in early 2023 as a frog-themed. Surprisingly, the token rode the memecoin hype to a high of $0.000004354 in May. In addition, Pepe rose to the top 100 cryptos. The token’s lack of utility and development affected its upward price movement, or it was perhaps just the hype fading away.
The team noted that Pepe coin had no utility and was only a memecoin. Hence, it depends on just hype for price growth. According to CoinMarketCap, the Pepe crypto price has traded between $0.000001037 and $0.000001737 in the past month.
Pullix (PLX) Developing an Exciting Platform
Currently, Shiba Inu and Pepe price rallies have slowed down. Pullix has brought a new angle to trading exchanges. Unlike regular exchange platforms, Pullix merges the advantages of both CEX and DEX.
This integration ensures high liquidity, improved security, no fees, and narrow spreads. Unlike other crypto exchanges, Pullix offers derivatives and crypto trading. Moreover, Pullix’s broad ecosystem has a variety of features. One is the Copy Trading feature. This allows you to follow the trades of top leaders on the platform.
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Author: Bridgit Murphy