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The post Three Top Altcoins To Buy Ahead of the Bitcoin Halving appeared first on Coinpedia Fintech News
The crypto market is finally in the month where a major shakeup is expected to happen. Bitcoin halving is done every four years to reward miners and it usually has an impact on cryptocurrencies. Ahead of the event, experts have handpicked Solana (SOL), Ethereum (ETH), and Pullix (PLX) after a thorough research as altcoins to buy ahead of Bitcoin halving. With Ethereum and Solana not needing any introduction, Pullix is coming up with a novel idea that will redefine crypto trading. The native token PLX has been projected for a 100x rally in the year.
Pullix (PLX) Launches Trading Platform, Rolls Out Staking Option
Pulix is one of the top altcoins that analysts believe could spark ahead of the bull market. Alongside Solana and Ethereum, Pullix has gained a lot of attention after launching across various exchanges. The platform has already launched on Uniswap, BitMart, XT.com, and MEXC exchange which further makes the PLX token more accessible to traders.
Pullix is a departure from the traditional exchanges where gas fees are usually high. The platform introduces a hybrid trading system where investors assume total control over their assets. It provides investors with zero commission on transactions, a high level of security, and robust transparency. The Pullix trading platform is now live and actual trading has started.
Investors can explore the platform to benefit from the series of features it presents. Those who purchased the PLX presale are currently exploring the staking option which can guarantee up to 45% APY. Pullix has also been listed by the two giant aggregator platforms CoinMarketCap and CoinGecko which further gives it more visibility.
The platform has a lot of potential for growth with analysts envisaging a huge return for investors after the bull run. Pullix also plans to launch new updates such as the CRM, PSP, Security, and Mobile Applications to make the overall trading a seamless experience for users. With these updates, Pullix’s growing potential is huge, and could be one of the best altcoins to buy ahead of the bull run.
Investors Accumulate Solana (SOL) Despite Dip
With Solana (SOL) currently facing severe bearish pressure resulting in the price value dropping from $196 to $176 in the past day, investors are still accumulating the token ahead of the bull run. Despite gaining 37% in the past month , Solana’s previous gains were depleted by the bear pressure, going down by 5% on the weekly price chart.
However, the Solana token has a Fear and Greed Index of 79 (Extreme Greed) value which means investors are still interested in the token. With the token trading above the 50-day EMA, investors are buying the dip to earn massively in the bull run.
Analysts Predict Bullish Momentum For Ethereum (ETH) in the Bull Run
Ethereum (ETH) briefly crossed the $4 mark in March before slumping severely to bear pressure. The token has a 10% loss on the monthly price chart with a further 5% dip on the last few days. While this may cause panic among investors, analysts believe the Ethereum token will bounce back soon.
Ethereum trading outlook appears neutral with the token volatility at 6.3%. In the past 30 days, Ethereum has had 17/30 Green days, indicating that the bulls are still at an advantage. With the bull market coming soon, analysts project Ethereum’s price to climb above its all-time high record of $4800 in 2024.