Synthetix (SNX) and VeChain (VET) are two notable altcoins that showcased rapid price growth in 2023. This momentum can carry on in 2024 but with more competition. Pullix (PLX) recently gained momentum and could surge further up in value. We will go over the price performance of each crypto and see just how far they can rise.
What you'll learn 👉
Synthetix (SNX) Surges 125% – Price Can Climb Over $6 in 2024
Synthetix (SNX) experienced a rapid upswing in the past year, increasing by 125%. Its weekly time frame price action suggests an ongoing price increase, and its RSI is bullish. According to the Synthetix price chart, the crypto opened the week at $3.44 and saw its highest point at $4.18.
The surge above $4 is an indication of bull support. The altcoin is now at an important point, and if the Synthetix crypto continues to grow, it can face the next resistance at $6. A sudden rejection could also lead to a 30% drop to the closest horizontal support area. Despite this, according to the Synthetix price prediction, it can surge to $6.87 by the end of the year.
VeChain (VET) Increased Activity to Result in Value Increase
VeChain (VET) is heading up in value but could reach much higher levels. On January 4, 2024, the network reached 1,107,812 million transactions, indicating a significant spike in activity, as shared by APOLLO on X (Twitter). This surge in VeChain crypto network activity is an indication that it could soon surge.
During the past week, the crypto went from $0.031 to $0.037, and the VeChain price could head much further up. In the past year, the VET increased by 95.2%. According to the latest on-chart metrics, the VeChain price prediction indicates that it can rise to $0.0616.
Pullix (PLX) Will Fuse Best Elements of CEXs and DEXs
Pullix (PLX) is an upcoming trading platform that will fuse together the best elements in CEXs and DEXs to create a unified platform. Through it, anyone will be able to contribute liquidity to the ecosystem. As a result, it can offer prices that are more competitive than other platforms. Its seen as one of the best cryptos to buy due to its vast ecosystem.
Alongside this, the complex onboarding issues will be resolved as users will not be required to complete any KYC procedures. The platform will not have any central points of failure either, as users maintain control over their private keys.
There are also zero commissions alongside tight spreads. Pullix will also make everything transparent visible on the platform. Its ecosystem will boast a dedicated Yield Farm. Here, anyone can get PLX by contributing their LP tokens.
On the Pullix Swap, there is a fee of 0.25%. This is applied on every exchange. The gained amount will then get added to the Pullix Pool in the form of LP tokens. Once they’re sold, PLX will get distributed to PullixLP holders.
Summary
The bullish price pattern will continue for both Synthetix and VeChain. Despite this, the crypto ICO of Pullix has a lot of appeal due to its growth potential.
Pullix Presale HITS NEW HIGH ✨
— Pullix (@Pullixmarkets) January 2, 2024
Can you feel that? The energy and excitement buzzing across crypto as Pullix gathers speed faster than ever before!
Yesterday was nothing short of HISTORIC for us – we set an all-time record for most transactions and amount raised in a single… pic.twitter.com/Z8svCh68XV