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Crypto Reporter

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Kaspa (KAS) and Pullix (PLX) Positioned to Skyrocket Like Solana (SOL)

August 8, 2024 By Crypto Reporter PR

Despite limited market buzz, Kaspa has grown in the last 18 months, gaining over 45% on a YTD scale. It uses a Directed Acyclic Graph (DAG) technology instead of traditional blockchain to make transactions faster. Similarly, Pullix has grown by more than 1000% since its presale. With this view, the two altcoins are emerging as the top-performing coins that could potentially outperform Solana. Let’s find out why!

Pullix (PLX) Poised to Revolutionize the Blockchain Industry

Issues of stringent KYC processes, illiquidity, and slow transactions have continuously plagued the exchange trading sphere. However, Pullix (PLX) aims to resolve such issues by utilizing the power of decentralized (DeFi) and Centralized (CeFi) while integrating online OTC trading features. With this, Pullix is set to create a comprehensive and unique trading experience backed by high-level liquidity, fast transactions, and, most importantly, users retain ultimate control over their funds.

Pullix’s revenue share model also sets this hybrid trading exchange platform apart from most hyped traditional exchanges. The model allows Pullix to distribute part of its revenue back to its user base. Additionally, Pullix holders will benefit from significant features, including governance rights and promotional rewards.

Having completed a successful presale in which the PLX token achieved $8M in funding, backed by over 20,000 users, Pullix has already been listed among significant exchange platforms, including CoinMarketCap, BitMart, Uniswap, and CoinGecko, enhancing its overall appeal and market visibility. Crypto experts have also foreseen a significant Pullix price prediction that might see the coins hit the $10 mark in 2024, positioning it as the best crypto investment option.

How High Can Kaspa Price Spike in The Next Bull Cycle?

Using Kaspa’s Fibonacci Extensions, market sentiments, and Bollinger Bands, YouTuber Zach Rector told his over 78,000 subscribers that the Kaspa coin has jumped up among the top coins on the market. He suggests that Kaspa’s price could potentially increase by 10x to 50x.

This would move Kaspa’s price around the $40 to $60 mark, making it among the top cryptocurrencies. Kaspa’s price needs to record a 30x increase to outpace the Solana coin, which is stretching its bullish momentum.

If you look at its technical indications, they align with the said Kaspa price prediction. Remarkably, Kaspa’s MCAP has increased by over 360%, from 779.89 million in August 2023 to 4.39B in July 2024, propelling the altcoin above established Solana.

Solana Bullish Amid Franklin Templeton Endorsement

Amid the current market optimism, the price of Solana has continued to stretch out its value. This positive market sentiment has fueled speculation about a forthcoming Solana ETF. Recently, Franklin Templeton has endorsed Solana as the next crypto offering product and may be gearing up to join other asset managers in filing for a spot Solana ETF.

Its technical analysis has indicated that Solana’s price is gearing up to breach the upper critical resistance level around the $185 mark. Impressively, its YDT price metrics have recorded over 630% increase, cementing its position among the best cryptocurrencies.

However, crypto enthusiasts are turning to Pullix, a promising hybrid trading exchange poised to make significant returns after its official live trading platform.

Can Pullix Achieve A Similar Uptrend Momentum Like Solana?

Despite Kaspa and Solana’s impressive market performance, Pullix is also set to achieve massive milestones, particularly with its revenue share model. This unique feature might set new standards for this crypto and prompt greater participation within the DeFi market while propelling the price of Pullix upwards.

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Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: Press Releases

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