Shiba Inu (SHIB), Dogecoin (DOGE) and New Binance Rival Pullix (PLX) To Spearhead 2024 Bull Market
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Shiba Inu (SHIB), Dogecoin (DOGE) and New Binance Rival Pullix (PLX) To Spearhead 2024 Bull Market
NewsBTC by NewsBTC April 5, 2024
Dogecoin (DOGE) experienced a major 116.4% price increase in the past month which has made it one of the most bullish meme coins. It’s not alone, as Shiba Inu (SHIB) passed it in terms of growth percentage, as it increased 220.5%, and is another meme coin which has gained a lot of appeal.
Alongside them, a major Binance rival, Pullix (PLX) can also lead the 2024 bull market, as it can experience a significant 100x price increase based on analyst projections. Today, we will go over all of these cryptocurrencies to determine which one can grow the most. By the end, we will determine which is the best crypto investment.
Shiba Inu (SHIB) Rises 189.6% – Price to Spike Further by End of Q4
Shiba Inu (SHIB) has been dominating the charts as of recently as evidenced from its rapid on-chart climbing momentum. During the past 30 days, the Shiba Inu price has surged 220.5%, cementing it as one of the biggest memecoins in the industry behind DOGE.
Moreover, the Shiba Inu crypto’s year-to-date (YTD) climb was by 189.6%, and during the past week it moved up by 20.7%. During this time, SHIB climbed from $0.00002499 to a maximum value of $0.00003139. According to the Shiba Inu price prediction, it can end 2024 at $0.000047.
Dogecoin (DOGE) Climbs 116.4% and Can Spearhead Bull Market
Dogecoin (DOGE) is also rising rapidly on the charts and is the number one memecoin in terms of market cap. During the past year, the Dogecoin price surged 148.1%. In addition, throughout the previous week, the crypto spiked 116.4%, marking a monumental rise in a short time-period.
In addition, the Dogecoin crypto spiked 38.6% in the past week where its value went from a low point of $0.1293 to a maximum value of $0.1884. Yet, according to the Dogecoin price prediction, it can climb much further, as it is projected to reach $0.2874 by the end of 2024.
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Pullix (PLX) Bridges the Gap Between CEXs and DEXs and Features Revenue-Share Model
Pullix (PLX) is an exchange platform that bridges the gap seen in centralized and decentralized exchanges, by combining the best elements of both within a single location. Each user can get access to vast liquidity and begin trading on a global scale through a user-friendly experience.
Moreover, users will be incentivized to provide liquidity with its unique revenue-share model, as they can provide PLX to the automated market makers (AMMs) and get high APY. The crypto is now listed on BitMart, XT.com, Uniswap, CoinMarketCap and CoinGecko, and MEXC, making it accessible to anyone with ease. As a result, PLX is seen as the best crypto investment.
On top of the platform, users can get access to perpetual futures, CFDs and OTC derivatives, alongside a dedicated DeFi and NFT launchpad for more exciting investment opportunities. As a result, analysts are bullish on its future and project a price upswing of 100x following its launch.
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Summary
It’s clear that Shiba Inu and Dogecoin as meme coins have seen exceptional levels of growth, yet the most significant attention has gone towards the Pullix altcoin. Not only can it explode in value, but its vast ecosystem and unique revenue share system have positioned it as the best new crypto to invest in.
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Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
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Scarborough, North Yorkshire
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The Observer
Britain’s staycation boom may be over as bookings dry up
The cost of living, cold weather and a surplus of holiday lets have hit rental property owners in both cities and the seaside
Suzanne Bearne
Sun 7 Apr 2024 05.00 BST
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Is the British staycation boom over? Short-term holiday rentals experienced a surge in recent years, especially during the pandemic, when Britons stayed at home in the UK, leading to a spike in rates.
However, holiday-let owners across the UK are reporting a significant fall in bookings so far this year as the sector feels the effects of the cost of living crisis, poor weather and an increasingly saturated market.
Helen Angove, 58, managing director of Woodland Collection Holidays in Townshend, Cornwall, about 10 miles from tourist hotspot St Ives, said demand in January and February fell by about 80% across her four three-bedroom holiday lets on the same period last year. “This year we had hardly any bookings at all in January or February. March and April bookings are down 20%.”
She attributes much of the sluggish demand to the poor weather. “So many [people] are fed up with the wet weather. They are going abroad to get some sunshine. The second big factor is the massive oversupply of holiday lets. A lot of people thought they could make easy money because of what happened during Covid.”
The one-bed cottage let out by Miriam Vanags in St Clears, Wales
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The one-bed cottage let out by Miriam Vanags in St Clears, Wales. She says guests have become much more demanding. Photograph: Handout
Data supplied from AirDNA, which tracks listings on holiday rental sites Airbnb and Vrbo, found 342,000 short-term lets available in the UK in the 12 months to February 2024, up 19% on the previous year. New listings for homes in the UK jumped 22% year on year in 2023, while new apartment listings increased by 16%.
Yvonne Turnbull, 58, who lives in Horsham, West Sussex, has been letting out a three-bedroom apartment in Scarborough, North Yorkshire, for between £150 and £175 a night, including through Airbnb, for the past six years.
She said demand was significantly down on previous years, with no bookings for January, February or March, including half-term, and fewer bookings over Easter. Turnbull said Scarborough was now oversupplied with holiday lets. “When we started there were about 200 Airbnbs in the town. Now you’re looking at 1,000.”
Nor is the problem limited to seaside destinations. Veeve, which offers short-term rentals, has seen a 21% drop in booking values across its London portfolio of more than 500 properties from January to 19 March since the same period last year.
St Ives, Cornwall
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St Ives, Cornwall, is still popular, but demand for lets nearby has fallen significantly. Photograph: Ben Pipe Photography/Getty Images/Image Source
The lack of bookings is another hit to the holiday-let industry after the government announced increased regulation and the end of tax relief from April 2025 in last month’s budget. New controls on holiday lets in England will be introduced this summer, including a mandatory national registration scheme and councils being given greater powers if they want to use them to control short-term lets by making them subject to the planning process.
Martin Dunford, founder of accommodation site Cool Places, said inquiries for UK self-catering accommodation were slightly down on last year but higher than before the pandemic. “We are finding that people are more careful. They have less money, tend to book later, watch the weather and try to get more for their money.”
Miriam Vanags, 60, and her husband have run a one-bedroom holiday cottage on their 18-acre smallholding in St Clears, Wales, for the past 17 years. She said people were demanding a lot more for their money. “They expect more of a hotel experience. Now we see a huge number of requests for hot tubs and wood burners, which seem to be deal breakers. Trends change.”
She added: “We have considered long-term letting and that is something we may revisit. Selling up may become a necessity, depending on whether things pick up.”
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