In the constantly evolving crypto market, certain coins emerge as trendsetters, captivating the attention of both investors and enthusiasts alike. Just as Pepe (PEPE) replicated Dogecoin’s supersonic run in the previous cycle, one could not but wonder if Pullix (PLX) would be poised to follow in the footsteps of Binance Coin (BNB) this cycle? In this article, we will delve into the performance of these top crypto coins particularly Pullix (PLX) which has already witnessed impressive growth after securing major listings positioning it as a top crypto to invest in
Pepe (PEPE) Replicates Dogecoin’s Supersonic Run Amid Current Market
Despite their unconventional nature, meme-based cryptocurrencies like Pepe (PEPE), currently trading at a weekly range of $0.0000084, continue to garner significant interest from both retail and institutional investors.
While retail investors are particularly drawn to their relative simplicity and accessibility, institutional investors view them as speculative opportunities with high potential returns (and risks) intrinsically linked to the underlying blockchain technology. Meanwhile, the growing interest in meme-based cryptocurrencies is evidenced by the recent surge in Pepe price by 9% over the course of a week.
This surge has pushed its market capitalization back above $3.5 billion and solidified its position as the third-largest meme coin according to CoinMarketCap. According to experts’ predictions, Pepe’s price will continue to rise with the potential to replicate the success of Dogecoin.
Powering the Leading Exchange: Binance (BNB) Coin Holds Strong
Binance (BNB) Coin, the native token of the world’s largest cryptocurrency exchange, Binance, has established itself as a major player in the crypto market. Beyond facilitating trades on the Binance exchange, the native BNB token has received significant recognition and adoption within the crypto space.
Currently, BNB sits comfortably at number 4 on CoinMarketCap’s list of the largest cryptocurrencies by market capitalization. This past week saw an impressive surge of 9%, trading within a weekly price range of $535 and $579. BNB holders remain optimistic, with analysts predicting a potential retest of its all-time high before the year’s end.
Pullix (PLX): Outperforms Established Coins with Hybrid Exchange Platform
Pullix (PLX) is rapidly gaining momentum in the cryptocurrency market, particularly after securing notable listings on BitMart, Uniswap, XT.com, Coingecko, and more recently CoinMarketCap and MEXC listing on April 2nd. Pullix has potential to surpass industry giants like Uniswap (UNI) and Binance Coin (BNB).
The trading platform combines CEX and DEX features creating a hybrid approach towards trading. It will include discounted trading rates of up to 60% off traditional fees and a profit-sharing model that allocates a portion of the platform’s daily revenue to users, no KYC and more.
Analysts have, since, expressed optimism about Pullix’s future, projecting a price surge that could propel the token toward the coveted $1 mark by the end of 2024. In summary, Pullix emerges as a top crypto to invest in 2024 offering a unique hybrid model.