Stellar (XLM) and THORChain (RUNE) were both bearish on the charts, with their monthly performance leading to the value falling into the red zone. Yet, the recent performance suggests that they have the potential to grab the attention of bulls, which, if they regain control, can push them upwards. Traders have also begun accumulating Pullix (PLX), as it has raced into Stage 7 of 8. We will go over all three to determine which is the best cryptocurrency to invest in.
Stellar (XLM) Recovers From a Slump – Price to Reach $0.1949
Stellar (XLM) has recently expressed bullish behavior, which showcases that the cryptocurrency has the potential to climb further on the charts. Earlier this month, this crypto performed badly on the charts, but the Stellar price regained dominance as it moved up from $0.107 to $0.116 during the past week.
The price attempted to surge from very low levels and reached support at $0.110. The Stellar crypto still has the potential for growth, especially once it moves above the 50-dau and 200-day EMAs. According to the Stellar price prediction, it will end 2024 with a value of $0.1949.
THORChain (RUNE) Was Rejected at $5. Can It Pass This Point by Q4?
THORChain (RUNE) faced rejection from the $5 level yet has managed to showcase significant growth. According to the chart, the year-to-date (YTD) increase of the THORChain price was by 138.5%. Moreover, the crypto is now trading above the 50-day EMA, showcasing that the trend is still in the upward direction.
The THORChain crypto moved from $3.79 to $4.33 during the past week. This price action tells us that RUNE can be bullish in the long run, assuming bulls regain control. According to the THORChain price prediction, it will end Q4 of the year at $7.19.
Pullix (PLX) Price Prediction
Pullix (PLX) is an upcoming DeFi project that has the potential to change the TradFi industry by combining elements found in both CEXs and DEXs. By doing so, it can create a community-driven platform that solves issues such as liquidity and transparency.
By using this platform, anyone will be able to begin trading perpetual futures and contracts for differences (CFDs). Ecosystem participants can even utilize the lending protocol and an NFT launchpad in order to help investors enjoy better opportunities.
All of these aspects make it a platform where anyone can earn. It’s currently in its blockchain ICO period, where over 18 million tokens have been sold at Stage 6 alone.
In total, over 80 million have been sold, and the presale is 80% complete at this stage. Here, PLX trades for just $0.10, yet at launch, analysts expect a 5,000% upswing in its value. These aspects position it as the best cryptocurrency to invest in.
Summary
While Stellar and THORChain are attempting to recover, Pullix has gathered the most significant attention from traders. With its presale, it’s dominating the charts, and is positioned towards becoming one of the hottest projects for 2024. Moreover, anyone can get a fixed monthly income from the earnings and provide liquidity to automated market makers (AMMs).
For more information regarding Pullix’s presale see links below:
