The volatility of the cryptocurrency market is well-known. Tokens like Axie Infinity (AXS) and NEAR Protocol (NEAR) show that volatility now, but one new ICO may be a game-changer. In fact, claims by some crypto millionaires state that Pullix (PLX) might be the trigger for the upcoming bull market.
With this crypto now in Stage 1 of its presale and a potential 100x growth in 2024, let’s find out what makes Pullix the top crypto to invest in.
The Rise of Pullix (PLX)
Pullix (PLX) has risen as a good crypto to buy, drawing attention for its innovative approach to online trading. Created as the world’s first community-backed exchange, Pullix will merge the best features of CEX and DEX in one place. On this platform, you can trade all assets (forex, CFDs, cryptos, etc.) in complete privacy since no KYC checks are needed. You can create an account using an email, link it to a crypto wallet, and start trading.
Traders from all over the globe are gravitating to this platform and viewing its native token, $PLX, as the best crypto to buy right now. It is in Stage 1 of its presale with a cost of only $0.04. The platform allows those who stake the $PLX token to gain passive income since a fraction of each daily profit will go towards reward distribution to stakers. This innovative staking mechanism shows Pullix’s commitment to giving back to the community.
Some notable crypto figures have even voiced their bullish sentiment towards $PLX, anticipating its impact as a potential catalyst for the next bullish cycle in the market. Because of this, experts predict that this crypto ICO event will experience significant growth – soaring by 100x in 2024.
How High Can Axie Infinity Go?
Recently, Axie Infinity (AXS) holders were rewarded as the token value increased from $5.83 on November 5 to $6.95 on December 5. Many positive developments helped this rise, as in recent Axie Infinity news, the Web3 game partnered with Grab Philippines for the Axie Merch store.
From a technical perspective, we can also see that Axie Infinity is showing an upward trend with 24 technical indicators in the green. With the Fear & Greed index showing 75 (Greed), it is clear that this upward trajectory will continue.
Many experts forecast that the Axie Infinity price will reach $7.12 before 2023 ends. This Axie Infinity price prediction aligns with the recent positive developments surrounding this project and its native token.
NEAR Protocol Price Prediction
Likewise, NEAR Protocol (NEAR) recently set a remarkable milestone, processing a historical record of 13.19M transactions daily. Alongside this achievement, 350,000 NEAR tokens were burned, marking a significant event.
This milestone came after NEAR Protocol embraced “inscription,” a mechanism for creating digital assets on the blockchain. As a result of this NEAR Protocol news, its value has demonstrated an upward trajectory, surging from $1.62 on November 5 to $2.20 on December 5.
Currently surpassing its 21 and 50-day EMAs, industry experts anticipate that NEAR Protocol’s price could climb further to approximately $2.41 by the conclusion of 2023.
Although Axie Infinity and NEAR Protocol are among the top 5 cryptocurrencies to keep on your radar, Pullix stands out. Notably, it will have a lower market cap than its competition – only $8M. This means seeing noticeable gains will not require a major influx of new funds.
Additionally, Axie Infinity and NEAR Protocol lack the real-world connections that Pullix possesses. It has ties to the forex market – a 2019 Triennial Central Bank Survey stated its daily volume reached $6.6T. Due to all these reasons, Pullix may be the top crypto to buy right now.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.