In the DeFi market, identifying potential triggers for a bull run often involves scanning the market for promising projects. Recently, a few altcoins have caught analysts’ attention: The Graph (GRT), Pullix (PLX), and Injective (INJ). The Graph and Injective have had a stellar December start, with interest in AI growing. Meanwhile, Pullix is a rising Stage 2 presale sensation that many experts hint could be the next 100x token in 2024. Let’s discover why.
Over the past month, The Graph (GRT) has seen tremendous growth. The Graph price increased from $0.13 on November 15 to $0.17 on December 15. This increase came as interest in AI tokens skyrocketed. Also, The Graph announced that its 3rd birthday will occur this December.
From a technical perspective, this bullish trend for The Graph crypto may continue. For instance, this altcoin recorded 17/30 (57%) green days with 8.67% price volatility over the last 30 days. Moreover, The Graph price is now above its 50 and 100-day EMAs.
Experts have taken note of all this data when making their The Graph price predictions as they foresee a potential surge to $0.18 before the end of December 2023 for this altcoin.
Another crypto asset that’s been gaining attention is Pullix (PLX). This hybrid DeFi trading platform has caused a craze in the crypto community as it will combine the best features of both CEX and DEX. As a result, millions of traders worldwide can expect deep liquidity, a 1000:1 leverage, and self-custody over their assets – all on one platform.
This innovative approach will eliminate all issues that traditional trading platforms face. For instance, Binance and KuCoin have a limited asset selection – cryptocurrencies only. But, Pullix will allow the trade of all asset classes (including cryptocurrency). Therefore, you will no longer need to create multiple accounts on multiple platforms.
At the center of this platform lies the PLX native token, which is now in Stage 2 of its presale. It costs only $0.042 – and investors have taken note. Over 4.7M tokens have been sold, helping Pullix raise $199,000. Interest is high since Pullix will implement a unique revenue-sharing model that gives back to the community. To clarify, PLX stakers will receive a percentage of Pullix’s daily revenue – great opportunity for passive income.
According to ISDA, the OTC derivatives market was valued at $618T at the end of 2022, a 3.3% growth since 2021. As this market grows, Pullix is strategically positioning itself to capitalize on it. Therefore, its long-term growth potential is great, with analysts predicting a 580% value rise for PLX before its presale ends and another 100x after it hits exchanges in Q1 of 2024. This makes PLX a good crypto to buy.
Injective (INJ) stands out as another noteworthy contender in this landscape. Recently, Injective announced that it has achieved a new milestone: 370M transactions. This is good news as it showcases the attention and adoption this altcoin is gaining.
Regarding the Injective price movement, it increased from $19 on December 8 to $34 on December 15. We can also determine that this trend will continue with 27 green technical indicators. Its Fear & Greed index also shows a 70 rating (Greed) – good bullish signs.
Market analysts point to these indicators as they predict the Injective price will reach $31.26 by the end of 2023.
The Graph, Pullix, and Injective are three altcoins that have carved a niche for themselves. However, Pullix gains the upper hand compared to them due to their high market caps. To clarify, The Graph ($1B) and Injective ($2B) will have difficulty appreciating since they require a large influx of new funds. Pullix will not, as it has a low market cap of $8M, meaning it would only need $8M for its value to double – making it the best crypto investment.
For more information regarding Pullix’s presale see the links below:
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