There are a lot of promising DeFi projects in the current crypto market, all battling to gain mass appeal. Among the contenders like Solana (SOL) and Avalanche (AVAX), Pullix (PLX) has emerged as a dark horse. This innovative crypto ICO, now in Stage 2 of its presale, is being pegged as the next 100x token in 2024. Here's why that is.
Pullix (PLX): One of the Top Altcoins To Watch
Pullix (PLX) is an upcoming hybrid DeFi trading platform that merges the best features of centralized and decentralized platforms. This innovative approach aims to eliminate the challenges faced by traditional exchanges. For example, many traders have lost confidence in major platforms after the Binance settlement due to the lack of transparency. Pullix will be a non-custodial exchange where you can connect your crypto wallet, deposit, and trade.
You will also be able to access all asset classes (including cryptos) on one account. Pullix will even open the Forex market to you, which saw a daily volume of $6.6T, per the 2019 Triennial Central Bank Survey. This is a stellar move, as many exchanges like Binance and Coinbase only focus on cryptos.
The PLX native token is the backbone of this platform and now costs just $0.042. Over 4.7M tokens have been sold thus far, helping Pullix obtain $199,000. But this is just a Stage 2 presale price, and as it advances, it will increase. Since those who bought it early enjoyed a 5% ROI, experts forecast a 580% growth before the presale's end.
According to some analysts, if history repeats itself after a prominent exchange listing, PLX may even skyrocket by 100x. This makes it the best crypto investment anyone can make right now.
How High Can Solana Go?
Recently, the co-founder of Solana (SOL), Raj, revealed that the demand for the Saga mobile has been so overwhelming that they anticipate a sold-out scenario soon. The Solana priceperformance has been rising from $59 on November 15 to $76 on December 15.
The overall sentiment around Solana remains optimistic, with its value above its 50 and 100-day EMAs. Furthermore, its Fear & Greed index is 70 (Greed) - good bullish signs.
Analysts are closely monitoring these indicators, anticipating that it might reach $87 before December 2023 ends in their Solana price predictions.
Avalanche Crypto (AVAX): Hits New Yearly High
Recently, the Avalanche Crypto (AVAX) reached a new yearly high of $42.90 on December 12. Afterward, crypto analyst JJcycles stated that the next price target would be $53 for the altcoin. The Avalanche Crypto price has been on an uptrend in December, rising from $22 on December 1 to $39 on December 15.
Looking at the technical analysis for Avalanche Crypto, we notice that sentiment is bullish, with 25 technical indicators in the green. Moreover, this DeFi coin has experienced 17 positive trading days in the last month alone.
Experts in the field have taken note of these developments while making their Avalanche Crypto predictions. They foresee its value reaching $42.58 before 2023 ends.
Final Thoughts
While Solana and Avalanche have solidified their positions in the crypto realm, Pullix'sinnovative approach and strategic market positioning make it an excellent contender. Since it currently has only $8M in market cap, its value will surge much faster as only $8M is needed to double. Solana and Avalanche have $32B and $14B, respectively. This makes their value hard to rise as a significant adoption would need to occur, causing an influx of new funds.
Because of this, Pullix has the potential to outperform them both in terms of market cap and value - making it the best crypto to buy.
For more information regarding Pullix’s presale see links below:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
