The crypto market has been showing interesting price movements since the turn of the year. While some tokens have been on a bear, others are soaring. Presale tokens like Pullix (PLX) have shown positive signs of breaking into the mainstream crypto market in 2024. On the other hand, coins like Solana (SOL) and Dogecoin (DOGE) are struggling to trigger a bullish momentum. This article analyzes these tokens to find out whether they are among the top crypto coins to buy for future gains.
Pullix (PLX) Strong Utility Attracts Whale Investors
Pullix (PLX) is an innovative trading platform on the blockchain network that aims to synergize decentralized and centralized exchanges into one unique platform – the Pullix platform. Pullix'shybrid approach solves the shortcomings of both exchanges while providing futuristic frameworks for a seamless trading experience.
Community members can trade on the Pullix platform for free. Also, traders will earn the $PLX utility token as a reward for trading on the platform. As such, members are open to the opportunity of owning the PLX token which is rising in reputation and popularity and which has shown strong potential to become one of the top crypto coins to buy and HODL in Q1 of 2024.
Some PLX utilities include its existence as currency on the Pullix platform and its function as a key to accessing some exclusive features on the Pullix platform. Other PLX functions are reduced trading fees for the token holders, the ability to stake the token and much more. All these utilities have propelled PLX on its way to breaking into mainstream crypto as one of the top crypto investment alternatives in 2024.
Having sold over 11 million tokens so far in the ongoing presale, analysts expect the token to rise by over 180% in price value before launch. Meanwhile, at the current price value of just $0.08, now is the best time to buy as much of the PLX token to position yourself for the potential significant price gains.
The security of the investor's assets is guaranteed as the liquidity pool will be locked for 2 years once the token is launched on the Uniswap exchange. Also, InterFi Network has conducted the smart contract audit while the BlockAudit team has verified the KYC.
Will Solana (SOL) Trigger a Significant Price Bull?
Solana (SOL) has lost significant price value since the turn of the year. For instance, price metrics from CoinmarketCap show that Solana started the year above the $100 price threshold. However, Solana has since lost over 9% as evidence of a declining price momentum shines through.
Meanwhile, the Solana price may see a rally amid the imminent launch of the Chapter 2 Saga mobile phone for Web3 from Solana. Amid the frenzied preorder for the phone, Solana might ride on the popularity and enter into a rally. Digitalcoinprice Solana price prediction 2024 shows the token will trade at an average price of $179 before the end of 2024. That's almost 2x of the current price.
Dogecoin (DOGE) Continued Bearish Sentiment a Turn-Off for Investors
Dogecoin (DOGE) has lost over 15% within the last month in a show of an extended bear market. Before the bear, Dogecoin was within touching distance of the $0.1 price mark, as per data from CoinMarketCap. However, the bear sentiment of Dogecoin has left investors looking for better alternatives.
Meanwhile, Dogecoin trading volume has recorded a 40% average day-to-day growth within the last week. This could be a result of daring investors who are buying the dip in view of potential price gains for Dogecoin.
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