Weeks till Bitcoin (BTC) halving: These 2 Altcoins look primed for huge gains post halving
With less than 2 weeks until Bitcoin halving, investors are anticipating significant market growth. Bitcoin has passed $72,000, and altcoins like Solana and Pullix are primed for huge gains.
As investors eagerly await the outcome of the event, cryptocurrency experts are doubling down on Solana, Bitcoin, and Pullix. Here’s why.
Bitcoin prepares for halving event
Over the last year, Bitcoin’s price has increased by a remarkable 158%. During this growth, Bitcoin hit an all-time high of $73,750 on March 14, and some experts believe it could pass $100,00 post-halving.
At the time of writing, Bitcoin had a market cap of $1.42 trillion and a daily trading volume of $30.5 billion. Following Bitcoin’s halving, the number of new Bitcoins being issued will halve. Historically, this event has driven up Bitcoin’s price, creating a bullish sentiment around the upcoming event.
With the market expected to see strong returns, altcoins like Solana and Cardano have seen steady gains throughout Q1, and Solana and Pullix could become the top performers in Q2.
Solana chases $200
Solana has soared by 791.64% over the last year, taking it to a new annual high. At the time of writing Solana was trading at $183.28 and had decreased by 6.73% following a consolidation over the last week.
Experts believe Solana could soar during the upcoming Bitcoin event. Bullish experts predict that SOL will pass $220, potentially hitting $250 in Q2, while bearish experts suggest that SOL could meet resistance at $200.
However, Solana is currently experiencing problems with network congestion. This has been triggered by an increase in spam transaction activity, which is pushing Solana to its limits. Though Solana developers are working on the problem, congestion could limit Solana’s growth throughout the next quarter.
Pullix expected to surge post halving
Pullix is another utility token that’s expected to offer significant returns in April. Pullix is unlike anything currently available in the marketplace. Offering disruptive potential with its hybrid exchange, the project combines decentralized and traditional assets in a single platform, allowing investors to buy assets without the need to switch platforms or pass extensive KYC checks.
Using the Pullix exchange, investors can purchase DeFi assets such as cryptocurrency as well as assets like stocks, funds, and forex. Investors can use margin to trade assets and will be able to capitalize on features such as copy trading.
Pullix’s exchange is community-driven. It offers basic features for new investors to get started on their trading journey, as well as complex trading features powered by OpenAI. It also leverages blockchain technology so users can partake in yield farming, staking, and more.
In addition to its exchange, Pullix also showcases a number of features for investors to enjoy. These include an NFT launchpad for the best upcoming new collections and launches, a lending protocol to help investors generate passive income streams, and a vault, known as VaultX, for the secure storage of cryptocurrencies.
Investors using Pullix while holding $PLX tokens will be granted several bonuses throughout the platform. Token holders will also be able to suggest new assets for the platform, allowing Pullix to tailor the platform to investors’ needs.
Given its potential, Pullix is already being compared to top exchanges like Binance and Uniswap, and is expected to become a top exchange over the next several years.
For more information about Pullix use the details below:
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