Crypto Analyst Dan Gambardello With a Bullish Cardano (ADA) Price Prediction; Altcoin Season Starts With Pullix (PLX) and Sui (SUI)

The post Crypto Analyst Dan Gambardello With a Bullish Cardano (ADA) Price Prediction; Altcoin Season Starts With Pullix (PLX) and Sui (SUI) appeared first on Coinpedia Fintech News

Crypto markets have been abuzz with the recent forecast from analyst Dan Gambardello, pointing towards a bullish trajectory for Cardano (ADA). Simultaneously, Pullix (PLX) and Sui (SUI) may have triggered the start of the altcoin season. PLX is a rising presale star in Stage 4 that many experts have pegged as the next 100x token in 2024. Meanwhile, SUI is making headlines as its TVL soars to $200M. Let’s go over all these tokens in greater detail. 

Cardano Price Prediction 

Recently, the crypto analyst Dan Gambardello made a bullish Cardano (ADA) price prediction as he believes this coin is now knocking on bull market doors. He said the Cardano price may surge to $11 in 2024. 

Regarding its value movement, Cardano crypto has seen a pump go from $0.57 on December 19 to $0.61 on December 26. This bullish trend could continue as there are now 26 technical indicators in the green. 

Due to all these reasons, analysts forecast that the Cardano price may hit $0.63 in January 2024. This makes ADA one of the DeFi coins to watch. 

Pullix (PLX): One of the Best Altcoins To Invest In

Pullix (PLX) steps into the DeFi market with an innovative hybrid DeFi exchange, combining the strengths of centralized and decentralized platforms. This unique approach aims to eliminate all issues that currently affect online trading. For instance, unlike platforms such as Coinbase, Pullix stands out by allowing the trade of all asset classes (including cryptocurrencies) on one account. 

While the trading platform remains the cornerstone of this DeFi project, Pullix’s ecosystem will encompass additional features:

• Swaps: A DeFi swap designed to simplify token trading while minimizing associated fees.
• Yield Farming: Engage in Yield Farms to earn PLX by staking LP Tokens, increasing liquidity.
• Trade-to-Earn: Introducing a concept where traders receive credited tokens instantly, regardless of trade outcomes.

The PLX native token powers these features and is your main currency on Pullix. Holding it will bring you many benefits, such as reduced trading fees and staking rewards. Speaking of staking, Pullix will have a unique “Trade-to-Earn” model which will redistribute a percentage of its daily revenue to PLX stakers. Moreover, if you wish to provide liquidity, you may even stake other cryptos with Pullix for a fixed interest rate. 

Global investors are flooding this crypto ICO to obtain PLX, which now costs just $0.046 and is in Stage 4 of its presale. With over 7M tokens sold and $1.6M raised, experts are confident its value will skyrocket due to high demand. In fact, early buyers are now enjoying a 15% ROI. According to experts, this percentage will jump by 100x after a major Tier-1 CEX lists it following its launch in Q1 of 2024. 

Sui (SUI): Reaches a New Milestone

Sui (SUI) has recently hit a notable milestone, surpassing $200M in Total Value Locked (TVL). This achievement marks an impressive 500% TVL growth for Sui since September. Regarding the Sui price movement, it has pumped from $0.63 on December 19 to $0.87 on December 26. 

From a technical perspective, the Sui crypto recorded 17/30 (57%) green trading days in the last month – a good bullish sign. Additionally, over 21 technical indicators are displaying green. 

Thanks to all these indicators, market analysts forecast that this altcoin may trade at $0.91 in January 2024. This Sui price prediction makes it one of the best altcoins to keep on your radar. 

In Closing 

While the bullish forecast for Cardano and Sui’s milestone may cause interest in them to rise, their high market caps could hinder their growth. To clarify, they have market caps of $21,8B and $903M, which means they would need a large influx of new funds for any major growth. Meanwhile, Pullix will not have this issue as its market cap now sits at $9.2M. 

Since PLX also taps into the lucrative forex market, which Baby Pips claims is the biggest market in the world, its long-term growth is excellent. Therefore, Pullix is the best crypto to invest in now. 

For more information regarding the Pullix presale see links below:

Visit Pullix 

Join The Pullix Communities