Recently, Pullix (PLX) has launched the beta version of its hybrid trading platform, which is innovative and rewards risk-taking. Certain analysts predict this crypto rookie could outshine Shiba Inu (SHIB) and Ripple (XRP) in this year’s bull run. With a projected 100x surge for PLX in 2024 – let’s see why it is the best cryptocurrency to buy now.
Pullix (PLX): Revolutionizing the Trading Market
Pullix (PLX) is rewriting the book on traditional trading by combining the greatest features of centralized and decentralized exchanges. It provides access to all asset classes, including cryptocurrencies, metals and forex, on one account. This will result in increased flexibility and convenience for all traders.
Pullix’s ecosystem thrives off the PLX token. Holders of this crypto will receive lower trading fees and exclusive access to certain assets. Moreover, PLX is the very first “Trade-to-Earn” crypto. In other words, Pullix rewards PLX stakers with a percentage of their daily earnings. A burn mechanism will also be implemented to increase this crypto’s value over time.
PLX currently has a valuation of $0.172 and is already gaining widespread attention. Major exchanges such as Uniswap, XT.com, BitMart and MEXC have listed this crypto. PLX has also been listed on data aggregators like CoinGecko and CoinMarketCap.
Thanks to its ties to the $40T OTC derivatives market plus the growing hype for this crypto, market analysts remain bullish. They forecast a potential 100x surge within Q3 of 2024 for PLX as more Tier-1 CEX listings occur. Because of this, PLX could be one of the best cryptos to invest in right now.
Armando Pantoja With a Bullish Shiba Inu Price Prediction
Shiba Inu (SHIB) has also recently made headlines in the crypto market. Over the last seven days, the Shiba Inu price increased from $0.000028 to $0.000029 and its market cap rose from $16.86B to $17.25B. Crypto analyst Armando Pantoja predicts that SHIB will reach a value of $0.001 after the BTC halving event.
The technical analysis for the Shiba Inu crypto also paints a bullish picture. For example, Shiba Inu is now trading above its 50 and 100-day EMAs while boasting 26 technical indicators in the green. Because of this, experts in the crypto field predict that SHIB will hit $0.000042 within Q2 of 2024.
EGRAG CRYPTO Remains Bullish for Ripple (XRP)
Meanwhile, Ripple (XRP) has been experiencing some volatility. According to CoinMarketCap data, the Ripple price fell from $0.62 to $0.60 over the past month alone. In that time, its market cap dropped from $34.15B to $33.50B. However, crypto analyst EGRAG CRYPTO predicts XRP will reach $0.786 soon.
From a technical analysis perspective, this bullish trend for the Ripple crypto may continue. Notably, there are now 25 technical indicators in the buy zone for XRP. In addition, Ripple is now trading above its 100—and 200-day EMAs. As a result, market analysts have made a bullish Ripple price prediction—soaring to $0.87 before Q2 2024 ends.
Will Pullix Outshine Shiba Inu and Ripple?
Pullix has an advantage over Shiba Inu and Ripple. Notably, it has a lower market cap, meaning PLX needs fewer new funds to push the price up. Being in this favorable spot gives a promising edge to Pullix’s future in the crypto sphere. This makes PLX the best crypto to buy right now.
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