The renowned crypto analyst Rekt Capital recently made a bullish statement regarding Polkadot (DOT). He emphasized its potential for a successful retest. At the same time, the Pullix (PLX) presale has surged into Stage 2, drawing attention from investors worldwide. With some experts even forecasting a potential 100x growth in 2024 for this new ICO, let’s analyze it in greater detail.
How High Can Polkadot Go?
Analyst Rekt Capital has grabbed the spotlight in the crypto community with a bullish stance on Polkadot (DOT). The analyst’s statement highlights this altcoin’s favorable chart setup. According to him, it currently indicates a potential successful retest. After this Polkadot news, its value increased from $6.75 to $7.07 in just a few hours on December 12.
The technical analysis also shows a bullish picture, as there are currently 24 technical indicators showing green for Polkadot. Moreover, the Polkadot price is now above its 21 and 50-day EMAs. It has also experienced 60% or 18 out of the last 30 days trading in the green.
Due to all these reasons, experts in the field have made a bullish Polkadot price prediction. They foresee its value reaching $7.82 before the end of December 2023 – making Polkadot a good DeFi token.
Pullix (PLX) Presale Causes a Crypto Frenzy
Meanwhile, the Pullix (PLX) presale has caused a frenzy in the crypto community as it progresses into Stage 2. With over 1.4M PLX tokens already sold and $62,800 raised so far, it is clear that interest for this altcoin is sky-high. Those who jumped into it early are now enjoying a 5% ROI.
Pullix will be the world’s first community-backed trading exchange, allowing you to access all asset classes (including crypto) 24/7. It combines the best features of CEX and DEX, creating a hybrid model that will provide you with low trading fees, self-custodial portfolio management, and more.
While this exchange is the main focus of the Pullix team, it has also implemented many components in its ecosystem:
- VaultX: A decentralized multi-chain yield optimizer that will let you raise compound interest on your crypto holdings.
- Copy Trading: Pullix’s AI-backed algorithm enables you to copy other community traders and profit from their decisions.
- Lending Protocol: This innovative protocol creates lending and borrowing money markets.
The PLX token is a crucial part of this ecosystem, serving as the currency you can trade with. Holding the token is also beneficial to incentivize purchases. For instance, Pullix will redistribute 30% of its daily revenue to PLX token stakers. A token burn feature has also been implemented, aimed at maintaining the stability of the altcoin’s value.
Currently, one PLX token is worth just $0.042, but this price is expected to increase as the presale advances. Some experts even foresee it soaring by 580% before the presale ends. This percentage will increase when PLX hits exchanges in 2024, possibly reaching 100x growth. If you wish to capitalize on this momentum, then sign up for the PLX presale below – the best crypto investment currently.
While Polkadot may surge again soon, its high market cap of $8B makes it hard to make any noticeable gains. This is because many new funds are needed for this surge to happen. On the other hand, Pullix does not have this problem, as its market cap now sits at $8M. Pullix’s ties to the OTC derivatives market, which BIS valued at $20.7T in 2022, make its long-term growth potential and stability outstanding.
Therefore, Pullix is one of the best altcoins; you can now purchase it for a discounted price.