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The hype around Shiba Inu (SHIB) might be cooling off, but the crypto sector never stays static. If you’re on the hunt for the next wave of utility tokens with high growth potential, Avalanche (AVAX) and Pullix (PLX) are the altcoins to watch. While you may be familiar with Avalanche, Pullix is a new ICO that sold 3.2M tokens in Stage 2 of its presale. Some analysts have even predicted it could become the next 100x crypto. Keep reading as we dive into why.

Shiba Inu Price Prediction

Recently, Shiba Inu (SHIB) has risen on the price charts. The Shiba Inu price jumped from $0.000009408 on December 13 to $0.00001005 on December 14. This increase occurred after Binance announced it would open trading for the SHIB/FDUSD pair. Not only that, it wouldenable trading bot services for it.

From a technical perspective, this bullish trend may continue for this altcoin as 22 technical indicators are flashing green. Moreover, the Shiba Inu coin experienced 20 positive trading days in the last month.

Due to all these reasons, experts forecast a potential surge to $0.00001071 for Shiba Inu before 2023 ends. While this is a good increase, a $1 valuation may not come anytime soon for this altcoin.

Why Is Avalanche Crypto Rising?

On December 12, Avalanche Crypto (AVAX) announced that Mirai Labs, who created Pegaxy & Petopia, is migrating its operations to the Mirai Chain. This is a new Avalanche Crypto subnet. Afterward, the Avalanche Crypto price

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Author: Crypto Daily

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