Recently, THORChain (RUNE) and Arbitrum (ARB) holders have decided to back another project currently in Stage 6 of its presale – Pullix (PLX). This new altcoin has a magnetic pull for investors as it has sold 69M tokens and raised $3.6M. Some analysts even foresee PLX evolving into the next 100x token in 2024. Keep on reading and find out why.
What you'll learn 👉
THORChain Price Prediction
The crypto analyst from More Crypto Online recently made a new YouTube video concerning THORChain (RUNE). According to him, the THORChain price may hit $6 soon. In terms of this altcoin’s value movement, it has fluctuated between $4.63 and $4.61 in the past week alone.
Moreover, the THORChain crypto market cap has fallen from $1.57B to $1.56B. However, this altcoin’s technical analysis paints a more bullish picture as it trades above its 100 and 200-day EMAs.
Because of all these factors, market analysts predict that the THORChain price may hit $5.97 within Q2 of 2024.
Animalia Migrates to the Arbitrum (ARB) Chain
Meanwhile, there was some exciting Arbitrum news as well. Notably, Animalia announced that it will migrate to the Arbitrum chain. The transition to Arbitrum is a pivotal moment for its ecosystem as it will bring many enhancements to Animalia.
The Arbitrum coin value has moved between the $1.12 and $2.15 levels on the monthly chart. Additionally, its market cap has soared from $1.45B to $2.7B. These factors, plus a bullish sentiment with 21 technical indicators in the green, make Arbitrum’s future bright.
Experts in the crypto field forecast a potential surge to $3.06 before the end of Q2 of 2024.
Pullix (PLX): An Enticing New ICO
Pullix (PLX) is gaining attention as those who joined its crypto ICO event early on are now experiencing a 100% ROI. At its core, Pullix aims to dominate the online trading space. It will accomplish this by creating a unique hybrid trading platform. With this innovative approach, you will no longer need to create multiple accounts on different platforms to trade assets. Pullix allows the trade of all asset classes on one account that you will have full custody over.
While this exchange is the central pillar of Pullix, its ecosystem will also include the following:
- VaultX: A decentralized yield optimizer that will let you raise compound interest on your crypto holdings.
- Copy Trading: A feature allowing you to replicate trades from other experienced traders in the Pullix ecosystem.
The PLX native token fuels all these features and is now in Stage 6 of its presale. It costs just $0.08 and brings many benefits. For example, you will receive a percentage of Pullix’s daily revenue if you stake the PLX token.
Since Pullix entered many flourishing markets like the Forex one, which Baby Pips claims is the biggest, its long-term growth potential is excellent. In fact, market analysts predict a 1,000% pump once PLX hits exchanges after its launch in Q1 of 2024.
Can Pullix Compete With THORChain and Arbitrum?
While all these tokens are altcoins to watch, Pullix has a competitive edge. It has a low market cap of $16M. Because of this, PLX will surge much faster as it needs only $16M for its current price (and returns) to double. Therefore, buying the PLX token now could provide more returns than THORChain and Arbitrum in the long run.
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