Ethereum (ETH) and Bitcoin (BTC) are Bouncing Back
In the current DeFi market, Ethereum (ETH) and Bitcoin (BTC) share the spotlight. Meanwhile, the attention is also shifted towards Pullix (PLX), pushing to shake up the FX sector. Some analysts even claim this Stage 7 presale star could evolve into the next 100x altcoin in 2024. Keep reading to learn why.
Ethereum Price Shows an Upward Trajectory
Recently, Ethereum (ETH) has made a comeback in the crypto space. According to CoinMarketCap data, the Ethereum price has increased from $2,243 to $2,294 in the last week alone. During that time, its market cap surged from $269B to $275B. Even crypto analyst Michaël van de Poppe claims it’s now the Ethereum season.
From a technical analysis perspective, this altcoin may continue this bullish trend. In other words, its Fear & Greed index rating shows a 61 (Greed). Additionally, the Ethereum crypto now trades above its 100 and 200-day EMAs. As a result, market analysts have made a bullish Ethereum price prediction. They forecast a surge to $2,471 before February 2024 ends.
Rekt Capital With a Bitcoin Price Prediction
Meanwhile, Bitcoin (BTC) has also been trading in the green. CoinMarketCap data shows that the Bitcoin price has increased from $40,090 to $42,592 in the past seven days. In that period, its market cap pumped from $789B to $835B. Rekt Capital states this crypto giant may breach $46,000 after the Bitcoin halving event.
The sentiment is bullish for Bitcoin now, with 22 technical indicators in the green. As its Fear & Greed index rating also shows a 61 (Greed) – the future looks bright for BTC. Because of all these factors, experts in the crypto field foresee a potential growth to $48,000 for Bitcoin within Q2 of 2024.
Pullix (PLX): A Future Binance and Coinbase Rival
According to Baby Pips, the Forex market is the biggest market in the world, and Pullix (PLX) aims to tap into it. On this upcoming trading platform, traders will have access to cryptocurrencies, stocks, forex, gold, and more on one account. It’s an all-in-one trading platform with the best centralized and decentralized exchange features.
As a result, many analysts believe it will outshine Binance and Coinbase, which only focus on cryptos. Additionally, its hybrid model removes all issues many of its peers face. For instance, traders will not have to worry about high trading fees. Pullix will require 0% commissions on trades and raw spread trading.
PLX is the main crypto used on Pullix as trading credits. Holding it brings reduced trading fees and access to certain assets. Countless individuals are now rushing to buy this altcoin during its presale run. In fact, over 82M tokens have been sold in the presale so far, helping Pullix raise nearly $5M.
What makes this token so attractive is its “Trade-to-Earn” revenue-sharing model. To clarify, if you stake the PLX token, you will receive a percentage of Pullix’s daily earnings. Now priced at just $0.1, PLX has already made early investors a 150% ROI. But, experts predict another 100x pump after a Tier-1 CEX lists this altcoin in Q1 of 2024.
Can Pullix Surge Faster Than Ethereum and Bitcoin?
With a $20M market cap, Pullix has primed itself for massive growth. In other words, even small amounts of money can cause rapid gains for PLX compared to Ethereum and Bitcoin. Therefore, Pullix will surge much faster and more easily than its peers, making it the best crypto to buy.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Credit: Source link
