Analyst Michaël van de Poppe has unleashed a bullish prediction for Ethereum (ETH). But, whales are moving their attention from the giant to explore the potential of a new crypto ICO. Now in Stage 6 of its presale, this altcoin has helped raise nearly $4M. Some analysts foresee it becoming the next 100x token. Let’s see why.
Recently, crypto analyst Michaël van de Poppe set the stage for the potential surge of Ethereum (ETH). According to him, the Ethereum crypto has seen a strong bounce, which may lead to an uptrend. Additionally, he believes that if it breaks the 0.06 BTC level, there’s a good chance this trend will continue.
When it comes to the Ethereum price movement, it has fluctuated between $2,162 and $2,532 in the last month. Moreover, CoinMarketCap data shows that its market cap rose from $260B to $304B during that time. With 26 technical indicators in the green, experts in the crypto field predict that Ethereum may trade at the $2,783 level within Q2 of 2024.
Despite Ethereum’s dominance, crypto whales seek fresh opportunities, and Pullix (PLX) fits that description. This DeFi project is experiencing tremendous growth as over 11,000 users have registered for its presale. Moreover, it will have sold nearly 75M tokens soon, showing investors great interest.
Pullix will be a game-changing trading platform that has a unique hybrid model. On this platform, the best CEX and DEX features will be present. As a result, traders will experience low trading fees, deep liquidity, and high leverage at 1000:1. Most importantly; they will not have to create multiple accounts – Pullix allows the trade of all asset classes (including cryptos) on one.
While this exchange is the main attraction, the Pullix team will also incorporate other features in its ecosystem:
The PLX native token will fuel all these components. Holding this altcoin is very beneficial as it gives you access to certain assets and reduced trading fees. What makes it stand out is it’s the first “Trade-to-Earn” crypto. Pullix will reward PLX stakers with a percentage of its daily revenue. It will also introduce a burn feature that will benefit long-term PLX holders.
Currently, PLX is worth just $0.08 in Stage 6 of its presale. This is a 100% increase from its starting price. Since Pullix positions itself to dominate the Forex market (seeing a daily volume of $6.6T), its growth potential is stellar. Experts foresee a 200% pump before its presale ends. This percentage may rise by 1,000% when it hits exchanges in Q1 of 2024.
Crypto whales have noticed that Pullix has a competitive advantage over Ethereum. PLX has a market cap of $16M, drastically lower than ETH’s. A lower cap means PLX won’t need as much money to surge. So, if you’re looking for big and fast returns, Pullix is a good crypto to buy.
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