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11 months ago
10
ARTICLE AD BOX
After Monday’s market turbulence, key altcoins are reclaiming the lost ground. Cryptocurrencies are on an upward trajectory, with notable gains observed for Injective (INJ) and Fetch.Ai (FET), boasting over a 10% surge. Meanwhile, Pullix (PLX) has experienced stellar presale performance with 3.2M tokens already sold and $134,400 raised. Some experts even foresee this new ICO skyrocketing by 100x in 2024 – let’s take a closer look at why.
Injective Price Prediction
Injective (INJ) has been on a tear lately, rising from $26.12 on December 12 to $31.82 on December 14. This surge came after the Injective protocol news of a new integration: Kujira. Now, users can access KUJI on the Injective Hub and dApps.
The technical analysis also paints a bullish picture for Injective, with 27 technical indicators in the green. Moreover, Injective has experienced 16 positive trading days out of the last 30 – good bullish signs.
Experts in the field have taken note of all this data, as they predict the altcoin trading around the $30.80 mark before December 2023 ends.
Fetch.ai (FET): A New Milestone
Likewise, Fetch.ai (FET) has been trading in the green again. Its value increased from $0.50 on December 12 to $0.65 on December 14. At that time, Fetch.ai also announced a new milestone – over 150,000 followers on the X platform. This surge can be attributed to the general interest in AI that has struck the industry.
From a technical perspective, we can deduce that this bullish trend will continue for Fetch.ai. Notably, the Fetch.ai price is now sitting above its 100 and 200-day EMAs while also having a Fear & Greed index of 65 (Greed).
When looking at Fetch.ai price predictions, market analysts foresee the price reaching $0.70 before the finish of 2023. That makes it one of the altcoins to watch.
Pullix (PLX): Reaches Stage 2 of Its Presale
The Pullix (PLX) token has been tipped as one of the best coins to invest in, it reached Stage 2 of its presale quickly, selling millions of tokens in a few weeks. Global investors are showing great interest and faith in this upcoming game-changer. At its core, Pullix will be a hybrid trading platform combining CEX and DEX’s best features in one place. Traders worldwide will experience deep liquidity, a 1000:1 leverage, and more.
It aims to solve all issues that plague the online trading market. For instance, traditional trading platforms like Coinbase and Binance focus solely on cryptos. But you can access all asset classes (including cryptos) on Pullix. This will improve efficiency significantly and streamline the entire trading process. Since it taps into multiple financial markets, you may even enter the forex market, which Baby Pips claims is the biggest industry.
The PLX native token is the main driving force behind this platform. Holding it will give you up to 60% trading fee discounts, exclusive asset access, and more. Additionally, those who stake it will receive a percentage of Pullix’s daily revenue. Due to all these reasons, investors are now flooding this crypto ICO event as one PLX costs just $0.042. This is a 5% increase from its starting price, but experts foresee it rising by 580% before its presale ends.
You even have a chance to win 1,000 PLX tokens, as the team is running a giveaway that will end soon.
Future Projections
As the market navigates through fluctuations, the resilience displayed by Pullix, Injective, and Fetch.ai suggests a promising outlook. However, Pullix gains the upper hand as it boasts a much lower market cap than its peers. It has a $8M market cap, while INJ and FET have $2B and $548M, respectively. This means that for returns to double PLX would just need $8M – a big advantage making it the best crypto investment.
For more information regarding Pullix’s presale see links below:
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