Pullix has emerged as the best crypto to buy at the beginning of 2024, ahead of Terra LUNA and SushiSwap, thanks to its latest price surge. The price of the Pullix token has skyrocketed 75% from its initial launch price of $0.04 in early December to $0.07 in the 5th stage of its presale. Below we will discuss why investors have been leaping at the opportunity to purchase PLX
Terra (LUNA) Price Still Above All-Time Low Despite Bearish Sentiment
Terra (LUNA) has fallen out of the top 100 cryptos by market cap, according to CoinMarketCap. It is currently the 112th largest cryptocurrency, with a market cap of $516 million.
Looking at Terra LUNA’s price, the alt coin is trading between $0.817773 and $0.926972. It has lost price gains on the weekly and monthly timeframes despite the positive sentiment in the general cryotherapy market.
Nevertheless, Terra LUNA crypto is 121.82% above its all-time low of $0.3783, reached in September 2022. Terra has recorded 15/30 (50%) green days with 7.55% price volatility over the last 30 days.
The token has managed to remain above the 50 and 200-day SMAs, a sign that bulls are still in charge. As a result, analysts have predicted a price rise for the altcoin to $0.952771 in the coming weeks.
Pullix (PLX): The Best Cryptocurrency Available Now
Pullix (PLX) is a one-of-a-kind exchange platform that combines the benefits of centralized (CEX) and decentralized (DEX) exchanges. This combination combines the finest of both worlds. It provides users with security, decentralization, a high level of trading activity, and access to a wider range of marketplaces.
One of Pullix’s key goals is to reduce trading expenses while increasing trading flow and accessibility. This strategy allows traders to trade a wide range of assets, including commodities, silver, stocks, foreign exchange pairs, and gold.
Pullix also has two specialist areas, DeFi swaps, and copy trading, in addition to these core functionalities. Pullix’s DeFi swap technology allows users to manage their asset transfers more autonomously.
This DeFi swap section streamlines token trading, making it more efficient and cost-effective. It employs a mechanism in which trades are executed against a pool of liquidity, which expedites the trading process by eliminating the requirement for direct trader-to-trader connections.
Then there’s the copy trading option, which has been improved with AI-driven algorithms. Using this application, traders can mimic the techniques of seasoned pros. The advantage here is that these experienced traders often have a high success rate. As a result, people who follow their example have a better chance of success.
With these novel features, analysts rank Pullix as a top investment option in the “altcoin” category. Furthermore, Pullix connects traders to markets other than cryptocurrencies, tapping into locations with high trading volumes.
For example, the foreign currency market sees daily trading volumes of around $7.6 trillion, while the OTC derivatives market has a daily volume of about $40 trillion. These connections increase the capital flow through the exchange. This will positively impact the value of the PLX token, making it an attractive best cryptocurrency for investors.
SushiSwap (SUSHI) Price Up 4% on the 7-Day Chart
While Terra LUNA crypto is part of the top 150 cryptocurrencies in the market, SushiSwap (SUSHI) is not part of the list. The token is ranked 164th with a market cap of $300 million.
However, SushiSwap is up on the price charts. According to CoinMarketCap, SushiSwap has increased 4.3% and 1.8% on the 7-day and 30-day price chart. It had a year-to-date gain of 34%.
Looking at the token’s technical indicators, analysts have predicted a price increase to $2.5 from its current price level of $1.2-$1.39.
Given Terra LUNA and SushiSwap’s poor market performance, analysts believe Pullix will emerge victorious in the market. As a result, they have predicted a price surge of 100x in January 2024 as investors await the project’s launch. This makes it the best crypto to buy at the start of 2024.
For more information regarding Pullix’s presale see links below:
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.