The altcoin market has been witnessing huge progress since the turn of the year, with many cryptocurrencies experiencing an uptrend. Following the approval of the Bitcoin ETF, Ethereum Classic (ETC) and Arbitrum (ARB) holders may be set for more profit as the tokens become more bullish. Meanwhile, crypto analysts have picked Pullix (PLX) as one of the best cryptos to invest in right now, with a potential to surge by 100x at launch. Let’s find out about these tokens and see how they are dominating the market.
Pullix (PLX): Combining the Strengths of Centralized and Decentralized Worlds
Although Ethereum Classic and Arbitrum are flying high in the market, the prospect of Pullix is getting more attention than imagined. With some of the centralized and decentralized exchanges having transparency and liquidity issues, Pullix will act as an all-in-one platform that offers the functionalities of both services.
Pullix allows investors to take control of their assets by offering them a chance to personally hold the key to their wallet. This allows more security effectiveness on the exchange, eliminates third-party intervention, and makes users the sole protector of their assets.
Pullix has tons of features lined up for investors. From yield farming to staking, Pullix allows investors to stake their assets and access the liquidity pool. Not only that, users can trade features such as perpetual futures, contract for differences (CFD), and securely store their crypto on their own terms.
The PLX token will be used across the platform for transactional payment and is available at the presale price of $0.08. Holders of this token will get cashback, promotional offers, and bonuses as rewards for their commitment. With a projected 580% rise in the presale and 100x by launch, analysts are bullish on Pullix and have picked it as one of the best cryptos to invest in now.
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Is Arbitrum Set for a $3 Rally After the Latest Upswing?
An 86% rise in the past month has seen Arbitrum (ARB) climb the crypto ladder, seating prettily as a top crypto in terms of trading volume. A look at the Arbitrum technical charts indicates that most key performance indicators are trending in a bullish pattern such as the Relative Strength Index (RSI) and the 20-period exponential moving average (EMA).
Analysts attribute this to the sellers who are taking control of the token. Arbitrum broke out of the $2 threshold and is now eyeing the next resistance level of $2.35. With the bullish momentum set to continue, Arbitrum price may rally to the $3 mark by the Q1 of 2024.
Ethereum Classic (ETC) Bullish With a Price Increase of Almost 30%
Ethereum Classic (ETC) is enjoying a resurgence after falling continuously to bear pressure. Over the last month, the Ethereum Classic price has surged by 30% in the trading charts, with a higher probability for more upward momentum.
Analysts believe only a strong bearish pressure can stop the current trajectory of Ethereum Classic. If this doesn’t happen, Ethereum Classic could see a major upswing that can surge the price above the $29.73 resistance mark in the upcoming weeks.
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