Altcoins are currently battling for dominance in the crypto market. In this clash, Pullix (PLX) and Litecoin (LTC) emerge as contenders, challenging the likes of Tezos (XTZ) and Serum (SRM). Of all these tokens, PLX has made the most headlines recently, as its Stage 6 presale has already raised $3.1M. Analysts even foresee it becoming the next 100x altcoin in 2024.
Pullix (PLX): One of the Best ICOs
According to a 2019 Triennial Central Bank Survey, the Forex market has seen a daily volume of $6.6T – and Pullix (PLX) aims to capitalize on it. This new hybrid trading platform will allow the trade of all assets (Forex, gold, cryptos) on one account. Therefore, you can enter this booming market with extreme ease.
Just in: ? The 10% token bonus is BACK for Stage 6! ?
Gain an extra 10% $PLX on top of your purchase before we sell out.?
All previous orders in Stage 6 that were credited with an 8% bonus will have an extra 2% added to them in the next 48hrs. ?#Pullix pic.twitter.com/yrbSQSH64V
— Pullix (@Pullixmarkets) January 7, 2024
Recently, this DeFi project entered Stage 6 of its presale selling for only $0.08, also providing early buyers with a 100% ROI. Global investors are flooding this crypto ICO event with over 1.9M PLX tokens sold. The PLX token is the main currency you will use on the platform and its vast ecosystem that also includes:
- Swap: A DeFi swap allows you to trade tokens for a low fee.
- Copy Trading: A feature letting you replicate trades from other experienced traders.
If you stake the PLX token, you will also receive a percentage of Pullix’s daily revenue. Because of these reasons, market analysts foresee the PLX token value skyrocketing by 100x once it hits exchanges in 2024. Thus making PLX the best crypto to buy right now.
Litecoin News
Litecoin (LTC) recently announced that over 2M Ordinals have been inscribed on its network. Also, this altcoin’s value jumped from $62.15 to $65 in just a few hours on January 6.
From a technical perspective, the Litecoin future looks bright as its Fear & Greed index rating sits at 71 (Greed). As a result, market analysts foresee Litecoin reaching a value of $87.52 by the end of February 2024.
Tezos Price Prediction
Meanwhile, crypto analyst Conor Kenny made a bullish Tezos (XTZ) projection. In his new YouTube video, he states that the Tezos crypto is a good investment opportunity for traders. In terms of the Tezos price movement, it has fallen from $0.92 on January 1 to $0.89 on January 8.
However, the technical analysis of this altcoin paints a different picture, as it now trades above its 21-day EMA. Therefore, experts foresee a surge to $1.16 for Tezos within Q2 of 2024.
Serum (SRM) on a Downtrend
Serum (SRM) made a mark in the crypto sphere as a decentralized exchange that provides users high speed. But, the recent performance of Serum’s price has been lackluster as it fell 17% in the last week alone. CoinMarketCap data shows a decrease from $0.07 on January 1 to $0.061 on January 8.
But, the technical analysis of the Serum crypto shows a different perspective. It is now trading above its 21-day EMA while also having a 71 rating on its Fear & Greed index rating. Thus, CoinCodex predicts that the Serum price will reach $0.065 by the end of February 2024.
Conclusion
Looking at all these altcoins, it is clear that Pullix stands out. This newcomer’s significant competitive edge is its low market cap of $16M. In other words, PLX will only need $16M for its current price (and returns) to double. On the other hand, Litecoin, Tezos, and Serum face some challenges. If you wish to buy the PLX token, now is the perfect time, as the Pullix team announced a 10% token bonus on every purchase.
For more information regarding Pullix’s presale see links below: