Bitcoin (BTC) experienced an exponential surge during the past week which sent it spiking above the $68,000 price range, and it could soon provide even far more returns for the earliest adopters. Moreover, Ethereum (ETH) could soon be targeting the $5,000 range as a result of the overall positive market momentum, which can result in far more gains.
Yet, most of the adopters are accumulating Pullix (PLX), an upcoming project currently in its presale, which has the potential to experience a rally of 5,000%. Today, we will go over the price performance for each cryptocurrency to see just how far they can rise in 2024 and beyond, and we will uncover what is the best cryptocurrency to invest in.
Bitcoin (BTC) Grows Above $62,000 – Is $100,000 Possible?
Bitcoin (BTC) has broken out of the local resistance level, and has climbed above the $62,000 range. Moreover, the price of Bitcoin could soon experience an even more exponential rise, especially as it grew by 20.3% during the past week alone, and 44% in the past 30 days.
In addition, the Bitcoin chart is indicative of a further uptrend, where just during the past week, it moved up from $50,607.53 to a maximum value of $62,938.71. According to the Bitcoin price prediction, the highest level it can reach in 2024 is at $100,903.
Ethereum (ETH) Spikes Above $3,400 – How Far Can It Rise in 2024?
The Ethereum (ETH) price action during the past week can be attributed to a variety of different factors, such as the Dencun upgrade, expected to launch on March 13, and the potential for a spot ETH ETF. These aspects can make the Ethereum price USD see a major increase.
For the time being however, the Ethereum value is at the $3,400 level, after a substantial 50% upswing during the past 30 days. The year-to-date (YTD) increase for ETH was by 113%, and according to the Ethereum price prediction, it can reach $5,534 by the end of 2024.
Pullix (PLX) Grows 250% – Price to Climb 5,000% at Launch
Pullix (PLX) is shaping up to become one of the largest players in the industry as its presale saw a significant level of momentum, and its technological advancements will enable it to stand out the most. The project has reached the last round of its presale much quicker than anticipated, known as the bonus round.
The platform will combine the best elements of CEXs and DEXs and create a unified platform where anyone can gain significant access to trading derivatives, alongside cryptocurrencies easily. It will also include a revenue share model, in which users can provide liquidity with the token to automated market makers (AMMs). By doing so, they can even get passive income, up to 18% in APR.
Sponsored
Pullix raised over $9.5 million in one of the most in demand presales in years, and has seen a 250% price upswing since its starting value. Over 20,000 people registered for the presale. According to analysts, it can spike in value by 5,000%, it is already up over 100% from its Uniswap Launch yesterday with BitMart listing on March 7, 2024. These aspects indicate that PLX is one of the best cryptos to invest in.
Summary
Bitcoin has initiated a market rally, and Etheruem is not far behind, as both of them could reach a new all-time high point in 2024. Yet, for the time being, all eyes are on the Pullix presale as it is primed to see significant growth in the upcoming trading sessions. For those looking for the best cryptos to invest in, PLX can provide a high ROI opportunity.
For more information regarding Pullix, see links below:
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