Pullix has emerged as one of the best altcoins to invest in in the past month as top altcoins like Polkadot and Cosmos dwindle. Analysts believe Pullix has the potential to surpass Polkadot and Cosmos in the coming years. Let us take a look at this new project.
What you'll learn 👉
Cosmos (ATOM) Price Drops 17.9% on 30-day Chart
Over the past 30 days, Cosmos (ATOM) has been trading under bearish control. The DeFi coin has dropped 17.9% on the 30-day price chart, with few chances to recover.
Looking at the weekly chart, Cosmos crypto has seen only a 0.6% gain as it fluctuates between $8.98 and $9.78. A wider look at the altcoin price chart shows even more bearish pressure as the year-to-date losses stand at 35.5%.
Currently, the Cosmos crypto technical indicators are not showing signs of a recovery. This bearish price movement has forced investors to look for alternative projects with bullish potential. One such project that has caught their attention is Pullix.
Polkadot (DOT): Analyst Forecasts Rise To $15
Polkadot (DOT) has been on a sharp down trend after its price peaked at $9.59 in December. Interestingly, the Polkadot coin has regained some of its losses in the past week. It has increased 6.5%, moving from a 7-day low of $6.37 to a peak of $7.21.
Despite the price increase, the DeFi coin still has losses on the monthly chart. Nevertheless, this could be about to change after a bullish prediction from crypto expert Michaël van de Poppe.
Van de Poppe recently forecast that Polkadot will rise to $15, a substantial price hike. Polkadot’s RSI has fallen below the 50 level and is on a negative path, despite the bullish price projection.
This demonstrates the market’s conflicted feelings. Nevertheless, the Polkadot community anticipates a spike in the altcoin price in the upcoming months.
Features That Place Pullix (PLX) Above Cosmos and Polkadot
Pullix (PLX) is set to launch a hybrid marketplace that will revolutionize the trading sector. Upon registration, users can trade different assets. Also, the platform aims to solve the liquidity issues commonly found in decentralized exchanges. In addition, it addresses problems like high commission rates and limited leverage options.
Pullix would promote zero-commission trading with tight spreads available for display on the platform. Interestingly, the Pullix ecosystem has its native token known as PLX. This token plays a central role in the Pullix ecosystem by implementing a revenue-sharing model.
This model enables it to provide a part of the daily profit from the DeFi project for holders, especially those who stake or trade actively. For staking PLX, the returns can vary between 18 percent annually depending on the period of stake chosen.
As such, these benefits make the PLX token a very good investment ahead of Cosmos and Polkadot. Investors are fortunate as the PLX token costs only $0.10 per coin. Once launched later in the first quarter, the DeFi project can expect to enjoy a 100x increase in value, as predicted by market experts.
Final Thoughts
While Cosmos and Polkadot are battling bearish pressure, Pullix’s native token, PLX, stands tall with a 150% price surge. Compared to Polkadot and Cosmos, Pullix has more chances for huge gains given its low market cap of just $20 million.
So, investors looking for one of the best altcoins to invest in can join the Pullix train now and get a 10% discount.
For more information regarding Pullix’s presale see links below:
Visit Pullix | Join The Pullix Communities
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