Crypto Shift: Pullix (PLX) vs. Cosmos (ATOM) and Synthetix (SNX) – Which Altcoin will prevail in 2024?
The crypto landscape is changing as Pullix (PLX), Cosmos (ATOM), and Synthetix (SNX) emerge as formidable altcoins. While you may be familiar with ATOM and SNX, PLX is a new ICO event that has already raised $2M. Many experts foresee this token in Stage 5 of its presale, becoming the next 100x crypto in 2024. Keep on reading and find out why.
Cosmos price prediction
Crypto analyst Ali Martinez recently made a bearish Cosmos (ATOM) price prediction. According to him, the TD Sequential indicator on the 3-day chart for Cosmos is in red. This suggests a price correction that may push ATOM towards the $10 mark.
However, the Cosmos price has been on an uptrend recently – jumping from $9.50 on December 3 to $11.41 on January 2. Moreover, 26 technical indicators are flashing green for the Cosmos crypto.
As a result, market analysts remain bullish as they forecast a potential Cosmos price surge to $11.43 by February 2024.
Pullix (PLX): The best ICO now available
Pullix (PLX) has been making headlines in the DeFi market as a rising presale star. It has already sold 7.4M PLX tokens, which helped raise Pullix $2M. Evidently, global investors are confident in its long-term growth potential as it brings something new. Pullix will introduce a unique hybrid trading platform combining CEX and DEX’s best aspects.
Another milestone UNLOCKED!
???? We are ecstatic to share that Pullix has officially raised OVER $2 MILLION thanks to our amazing community!
As we continue accelerating towards the future of high-speed trading, every bit of support counts. Thank you! ????$PLX pic.twitter.com/OXBVWI4mos
— Pullix (@Pullixmarkets) December 30, 2023
This innovative approach will help remove many problems currently affecting the online trading sector. For instance, many people are losing faith in significant exchanges after the collapse of FTX and Binance’s settlement. Pullix will allow you to trade all asset classes (including cryptos) on one account while giving you full custody to bring back confidence.
The PLX native token is the main currency for Pullix. Holding it will result in trading fee discounts, access to certain assets, and more. Pullix’s “Trade-to-Earn” model ensures you receive a percentage of its daily revenue by staking the PLX token. Moreover, you can stake other cryptos with Pullix for a fixed interest rate – an excellent passive income opportunity.
Because of this, countless individuals are now flooding this crypto ICO event. One PLX token is currently worth just $0.07 as it is in Stage 5 of its presale. Those who bought it early on are enjoying a 75% ROI. Experts are bullish as they predict the PLX token will skyrocket by 100x after a Tier-1 CEX lists it in Q1 of 2024.
Synthetix (SNX): Price surges after its inflation ends
Synthetix (SNX) has risen this past month, jumping from $3.85 on December 3 to $4.07 on January 2. This increase came after the approval and execution of SIP 2043, signaling the conclusion of SNX token inflation.
Meanwhile, the Synthetix crypto technical analysis paints a bullish picture, with its Fear & Greed index rating 71 (Greed). Furthermore, it is now trading above its 100 and 200-day EMAs.
Due to all these reasons, experts in the crypto field predict that Synthetix will be worth $4.81 in February 2024.
Why Pullix stands out compared to Cosmos and Synthetix
While Cosmos and Synthetix are altcoins worth keeping on your radar, Pullix stands out due to its low market cap and real-world connections. Firstly, PLX has a market cap of $14M, while ATOM and SNX are $4.3B and $1.2B, respectively. In other words, it is far easier for PLX to experience growth than its peers since only $14M is needed for its price to double.
Secondly, Pullix will tap into resilient and flourishing markets like the Forex market. A 2019 Triennial Central Bank Survey claims this market saw a daily volume of $6.6T. Pullix is strategically positioning itself to capitalize on this market, making it the best DeFi project.
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