The cryptocurrency market is booming as Cardano (ADA) and Polygon (MATIC) emerge as frontrunners in the anticipated 2024 bull run. Simultaneously, Pullix (PLX) gains momentum in its presale journey, advancing to Stage 6. Some analysts even foresee this new ICO becoming the next 100x token in 2024. Keep on reading and find out why.
Cardano Price Prediction
Recently, the crypto analyst Ali Martinez made a bullish Cardano (ADA) price prediction. According to him, this altcoin may surge to $0.93 soon as a buy signal emerges on its daily chart. CoinGecko data shows that Cardano has been soaring from $0.49 on January 9 to $0.51 on January 10.
The technical analysis of the Cardano crypto also shows a bright future as it now trades above its 100 and 200-day EMAs. Moreover, its Fear & Greed index rating shows a 73 (Greed) – a good bullish sign. Thus, analysts predict that the Cardano price may sit at the $0.53 level before the end of February 2024.
Polygon News
Meanwhile, Polygon (MATIC) announced that the calculation methods for transaction fees on Polygon zkEVM will change. In other words, effectiveGasPrice has been activated on Polygon zkEVM Mainnet Beta. This updated mechanism relies on transaction execution volume and data availability to offer users more precise transaction fee assessments.
After this news, the Polygon crypto saw a value increase from $0.82 on January 5 to $0.84 on January 10. Furthermore, this altcoin is now trading above its 21 and 50-day EMAs. Because of this, experts in the crypto sphere foresee the Polygon coin trading at $0.92 within Q1 of 2024.
Pullix (PLX): The Best DeFi Crypto
Pullix (PLX) recently entered Stage 6 of its presale with a bang – rising by 100% from its starting price. Interest in this DeFi project is sky-high, with over 65M tokens sold and $3.2M raised. The Pullix team has also announced a 20% token bonus, which is bound to increase excitement among investors.
This hype has made Pullix headlines as a hybrid trading platform. This platform will combine the best features of CEX and DEX into one place. As a result, you can expect to find low trading fees, access to all asset classes (including cryptos), and high leverage at 1000:1. While this exchange is the main attraction, there are other components in its ecosystem, like:
- Lending Protocol: This feature will introduce money markets for borrowing and lending.
- Yield Farming: You may earn the PLX native token by staking LP tokens and contributing to liquidity.
The PLX native token powers all these features while bringing many benefits to holders. For instance, you will gain exclusive access to certain assets and up to 75% discounts on trading fees. Most importantly, PLX stakers will receive a percentage of Pullix’s daily revenue – making it the first “Trade-to-Earn” crypto.
Currently, this altcoin is worth $0.08, but as the presale advances, more price pumps will occur. With ties to the OTC derivatives market, which ISDA valued at $618T in 2022, its growth potential is fantastic. Some analysts foresee a 580% growth before the presale ends and another 100x pump after it hits exchanges in Q1 of 2024.
What Makes Pullix a Better Option Than Cardano and Polygon?
Cardano, Polygon and Pullix are all top altcoins to watch. But Pullix stands out due to one factor – its low market cap of $16M. To clarify, PLX would only need $16M for its current price (and returns) to double. On the other hand, ADA and MATIC have market caps of $17B and $7B, respectively. As a result, PLX is the best crypto to buy for quick returns.
For more information regarding Pullix’s presale see links below:
