To Buy Or Not To Buy? Stacks (STX), Cardano (ADA), and Pullix (PLX) Spark Investor Enthusiasm With Bullish 2024 Outlook

Spring is quickly approaching, and now would be the best time to accumulate for the season. Due to their partnership announcements and use cases, Cardano, Stacks, and Pullix are our top picks for the next season. Pullix is our top choice because it has more room to grow as it’s still in the presale phase. Learn more about this coin below.

Stacks (STX) Unlocks $500 Billion in Value

Stacks is a Bitcoin layer for smart contracts, enabling dApps to utilize BTC as an asset to settle transactions on the blockchain. Using L1 as settlement for transactions, Stacks has unlocked around $500 billion in value.

Stacks experienced an impressive surge of 600% throughout 2023. Its popularity grew as it introduced DeFi to the Bitcoin blockchain, making Stacks a standout project in the cryptocurrency industry. This gained significant traction on social media, contributing to a substantial rise in Stacks’ price. 

Reaching a new eight-month high of $1.56, the altcoin’s value closely correlates with its expanding presence on social media. Over the past week, the price of altcoins has surged by more than 30%, and in the previous month, it has seen a remarkable increase of 116.6%.

Cardano (ADA) Emphasizes Education with Singapore 

Emurgo, one of the founding entities of Cardano, announced a strategic partnership with IBS (Institute of Blockchain Singapore), emphasizing the significance of blockchain education. Cardano is focused on widespread adoption and is devoted to teaching people about blockchain.

As a result of these new announcements, Cardano has gained 20% in value over the past month and 90% in the last year. If Cardano can keep this trend by getting more adoption, it may be one of the top picks for spring. Perhaps now is the best time to get in, as Cardano has dipped 14% in the last 7 days.

Pullix (PLX) Implements Trade-to-Earn for Users

Pullix is a new hybrid trading platform that aims to reduce trading expenses and improve the user experience. The Trade-to-Earn feature Pullix is implementing allows investors to earn tokens along with benefits by completing various trading challenges. Also, navigating the platform is seamless, making it beginner-friendly.

By implementing a hybrid concept, Pullix is combining the strengths of CEXs and DEXs. Users can trade cryptocurrencies, stake, lend, and margin trade without making a deposit. Due to the decentralized nature of Pullix, users are not required to complete a KYC. Unlike DEXs, the platform is not limited to crypto assets, and investors can trade stocks, commodities, and forex.

At the core of this platform is the PLX token, giving utility to users. PLX can be earned through the Trade-to-Earn program and staked to support the network. Moreover, Pullix distributes daily profits of the platform to PLX holders. At the moment, PLX is valued at $0.08 during its 6th presale stage, and the project has already raised $3 million.

For more information regarding Pullix’s presale see links below:

Visit Pullix  |Join The Pullix Communities

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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