While Solana (SOL) and Fetch.ai (FET) seem to have hit a snag in their recent momentum, all eyes are turning toward Pullix (PLX) as the new crypto darling. This new ICO is gaining mass appeal as it has already reached Stage 2 of its presale, raising $94,000. Numerous prominent analysts even forecast a potential growth of 100x sometime in 2024. Let’s dive into why they believe this.
Solana Price Prediction
Recently, Solana (SOL) announced the 2nd Solana Speedrun Game Jam to the excitement of its community. However, this news did not help the Solana price, which fell from $71 on December 12 to $66 on December 13.
Nevertheless, its technical analysis paints a more bullish picture as the Solana price still sits above its 50 and 100-day EMAs. The Solana crypto has also experienced 16 out of the last 30 trading days in the green.
Although experts in the crypto field have taken note of these developments, and they predict a rise to $73 within Q1 of 2024, many SOL holders are looking at more stable altcoins.
Fetch.ai (FET): One of the Altcoins To Watch
The Fetch.ai (FET) has seen a tremendous start to December, hitting a new yearly high of $0.63 on December 13. Analysts point to Fetch.ai’s emphasis on machine learning and AI as a significant factor in attracting attention.
However, many analysts doubt that this altcoin can maintain this level. They believe that if the Fetch.ai crypto closes below $0.48, its value may continue sinking to $0.38. Nevertheless, the technical analysis for Fetch.ai could mean it can continue this bullish trend. For instance, its Fear & Greed index is 65 (Greed) while also boasting 28 bullish technical indicators.
Due to all these reasons, analysts have made a bullish Fetch.ai price prediction. They foresee this altcoin reaching $0.70 before the end of December 2023. While Fetch.ai may be a good altcoin to watch, global investors focus on new DeFi projects with more room for growth.
Pullix (PLX): A Rising Crypto ICO
Pullix (PLX) is a project currently in Stage 2 of its presale, generating considerable buzz and anticipation within the crypto community. It aims to revolutionize the online trading market by solving all issues that plague it. Pullix will accomplish this by creating a unique trading platform that combines the best CEX and DEX features. Thus, you can expect low trading fees, deep liquidity, a 1000:1 leverage, and more.
One of the critical advantages of Pullix is its innovative approach to liquidity provision. On Pullix, you can stake alternative cryptocurrencies for a fixed interest rate. If you stake the PLX token, you will also receive a percentage of Pullix’s daily revenue. This means the opportunities for passive income on this DeFi project are outstanding.
Most importantly, Pullix will differentiate itself by allowing the trade of all assets (including cryptos) on one account. This is excellent news for you if you are disinterested in many trading platforms like Binance or Coinbase, which only focus on cryptocurrency.
At the core of this platform lies the PLX token. It costs only $0.042, but as the presale advances, so will its value. Holding this token will bring you exclusive rewards, up to 60% discounts on trading fees, and more. Since it taps into many flourishing financial markets like the OTC derivatives one, valued at $618T in 2022 as per BIS, PLX’s long-term growth potential is stellar. Experts foresee a 100x rise after a major Tier-1 CEX lists it following its launch in 2024.
Looking Ahead
While Solana and Fetch.ai are currently going through their ups and downs, Pullix is thriving. Thanks to its low market cap of $8M, it could even surge faster than its peers as fewer new funds are needed for it to experience price growth. Plus, it has real-world ties to the world’s biggest market, as per Baby Pips – the Forex one. Because of this, Pullix may be the best cryptocurrency to obtain.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Join The Pullix Communities
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