Binance Coin (BNB) has dropped over 13% in the past two weeks and at this rate has the potential to keep moving lower, it will need buyers to step in soon to initiate a rally but are buyers looking elsewhere? While BNB faces a major barrier, analysts believe that Pullix can become the next crypto to climb in value by 100x in 2024, as the platform undergoes its finishing touches. Today, we will analyze both of these altcoins, and by the end will determine which one can rise the most in 2024.
Binance Coin Price Down 13% but Can Still End 2024 at a New ATH of $790.20
Binance Coin (BNB) has dropped in value by 13% in the past two weeks. Moreover, during the past week alone, the Binance Coin crypto decreased from $573.03.54 to $523.07, and by breaking below $525, it is now possibly poised to see even more downside. If the Binance Coin price USD manages to now fall below the $500 price range, it could get really ugly for the 5th largest crypto.
BNB had been experiencing a major upswing, as on July 24, 2024, the market cap reached $83,852,755,334, while last year, it was at $33,323,655,435 on August 1. It’s clear that it has risen significantly, but it seems impending difficulty lies ahead in the short term.
The previous ATH for BNB was on June 6, 2024 when it reached $717.48. The sentiment on its future is still bullish however, and according to the Binance Coin price prediction, it has the potential to end Q4 of 2024 at $790.20. The latest Binance Coin news can also play a major role in advancing its value quicker upwards.
Pullix (PLX) Revolutionizes the Exchange Space With Trade-to-Earn Model
Pullix is a pioneering trading exchange designed to bring together the strengths of decentralized and centralized finance, where through bridging the gap between these two paradigms, it can offer users an unparalleled trading experience characterized by depth, speed, and security. The primary focus of Pullix is to address the persistent liquidity constraints found in the DeFi landscape, and it is engineered to serve as a unified hub for all trading needs, while also facilitating access to global assets and robust liquidity.
Additionally, a major focus for the platform is user anonymity, and it empowers users to retain full custody of their assets while benefiting from the robust security measures typically associated with centralized platforms. Its innovative liquidity provision mechanism incentivizes user participation, thereby enhancing overall liquidity and delivering superior price execution.
This, coupled with the off-chain order book technology, enables institutional-grade trading with unparalleled speed and efficiency. Their presale earlier this year had raised over $8 million, with around 20,000 users taking part. Analysts now project a bullish 100x price increase for the token, fueled by the overall unique ecosystem and approach.
Which Crypto Can Climb the Most in 2024 and Provide the Highest ROI
While it’s clear that Binance Coin is currently facing increased bearish pressure, which has lost much investor interest, analysts believe this has only strengthened Pullix’s ambition to become the next 100x token. The Pullix platform allows users to trade various different assets, all from a single account, and it has a DeFi structure, anyone can even trade BNB on top of it with ease. These aspects make it the go-to diversification opportunity in 2024.
My portfolio has 90% $PLX (Pullix) tokens which have been HODLing for over 8 months now. Thanks goodness the wait is finally over as the long awaited Pullix exchange would be launching in 3 days!!!?????.
$PLX to the moon! 100x incoming!