Bitcoin kick-started the cryptocurrency entry into the bull market after nearing its all-time high record of $69K. Although it has since rebounded, many altcoins are beginning to pump. Internet Computer (ICP) has shown incredible resilience in the last few weeks, eventually surmounting the bearish challenge. However, the bear trend is still holding Kaspa (KAS) with the token plummeting in recent weeks. Meanwhile, Pullix (PLX) is the top crypto that is ruffling feathers with crypto bigwigs. The DeFi cryptocurrency has witnessed tremendous investor inflow and is set to replicate more feats soon.
Pullix (PLX) Listed on Uniswap Amidst Funfair
With Kaspa struggling and Internet Computers showing resilience, the Pullix project is attracting massive attention from investors. As a hybrid trading platform, Pullix will correct the inadequacies of exchanges by leveraging both CEX and DEX features to create a platform that makes transactions easier for investors. Pullix also offers high-level security, high liquidity, and zero commission on transactions.
The Pullix presale has been one of the highlights of 2024 so far. The platform sold over 100M tokens which helped them raise close to $10M in presale with over 22,000 participants. After the presale, Pullix has continued its great start on Uniswap. The tokens trading volume has surged from less than $1M moments after listing to over $3M. Also, the market cap has surpassed $100M and is heading to $500M.
From the floor price of $0.168, the PLX price has skyrocketed to over $0.71. One of the top exchanges, X.COM, will list the PLX/USDT trading pair in its innovation zone soon. Also, BitMart CEX will list the token in the next few hours. These new heights reflect the quality of the project and heightened investors’ interest in it. So far, investors who purchased the token 2 days ago have made over 300% ROI.
Analysts have projected an 800% rally in the coming months. Meanwhile, investors can earn more through the Pullix profit-sharing model, which gives a percentage of the platform’s daily revenue to token holders. With Pullix just building the momentum, analysts predict a significant price increase for PLX soon. As such, they believe this DeFi cryptocurrency can trade above $1 in 2024.
Internet Computer (ICP) Up by 171% on the YTD Chart
Internet Computer coin enjoyed the most productive year in 2021 after trading at a $750 all-time high on May 10, 2021. However, the token has been on a steady decline since then, with the Internet Computer price hovering between $11 to $17 in the past month.
While it might not be possible for the token to target its all-time high record, the Internet Computer has also made progress in the past year. Data from CoinMarketCap shows it has gained 171% in the past year. Zooming in, the Internet Computer price has surged by 18% in the past month. At the current trajectory, the token price might hit $20 soon.
Kaspa (KAS) in Jeopardy as Token Fell by 14% in One Week
With many cryptocurrencies breaking new heights, Kaspa (KAS) is still battling the bear market. Even though Kaspa is up by more than 50% on the monthly price chart, its 14% decline in the weekly chart may have created ripples in the minds of investors.
With the bull market in focus, investors expect Kaspa to have skyrocketed by a significant percentage. However, some analysts believe the Kaspa token is good for long-term investment. As such, investors who want long-term profits should buy and HODL the token now.
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