Amid the growing swinging pendulum that is the crypto market, investors have sought alternatives they could leverage to position themselves for gains in the second half of 2024.
As such, Google Bard, a generative AI, has listed three top altcoins that could return significant ROI in the remainder of the year. These altcoins include Cardano (ADA), Kaspa (KAS), and Pullix (PLX). This article analyzes each altcoin listed above and gauges their bullish likelihood in the coming months.
Pullix (PLX) Hybrid Trading Platform Sets to Launch Live Trading, Native Token Gears to Rally
The Pullix (PLX) trading platform has continued to make giant strides as one of the most efficient hybrid trading platforms in 2024. In view of the imminent launch of the live trading feature on the platform, Pullix will now be able to not only trade cryptos but also trade stocks, indices, forex, etc, in real-time.
Notably, given that the platform doesn’t require any KYC verification on registration, one only has to submit a functional email to start trading. Apart from the broad trading market available on Pullix, the platform offers 25% on deposits that are up to $5,000.
Overall, the latest development on Pullix is likely to propel the PLX native token toward a bullish momentum in the coming weeks. Having moved from $0.01 to the current $0.1 mark, it means that early investors have made up to 900% profit. As such, analysts project 40x rallies in the coming months, putting PLX on investors’ watch list.
Impending Release of Cardano (ADA) Node 9.1.0 Prepares Token for Bullish Run in 2024
Cardano (ADA) has had an eventful year so far. After the Swiss Stock Exchange introduced Cardano staking ETF in March, the token saw a significant uptrend that almost reached the $1 mark. Now again, Cardano is preparing to announce its latest software, which will enable the Chang hard fork and potentially increase the price value of the Cardano token in the crypto market.
Stats show that over 7% of Cardano’s stake pool operators (SPO) are already on the latest version, even without an official announcement declaring the software functional. Overall, the software release is potentially a positive development for Cardano and can boost the price.
While CoinMarketCap data shows that the Cardano market cap has dropped from $21B recorded in early January to less than $12B, the impending release could trigger a rally. As such, investors may likely see a bullish rally which could push Cardano’s price above the $1 mark in the coming months.
Kaspa (KAS) Maintains Steady Uptrend, Listed Among Top-performing Altcoins
The price of the Kaspa (KAS) token has maintained a consistent rally in the crypto market since the past year. For context, Kaspa’s price has gained over 10% within the past month. Also, the token has seen an uptrend of over 41% in price over the past year.
As such, this puts Kaspa’s price above the $0.1 trend. Meanwhile, Kaspa’s market cap surpassed the $3B threshold in July from the $2.5B it recorded in early May. That further establishes Kaspa’s steady rally in the crypto market.
More notably, the growth in price value and market cap of Kaspa is an indication of the massive potential that the token harbors, which could see it gain up to 400% in the coming months.
Which of the Cryptos Could Offer Better Returns?
According to Google Bard’s prediction, the above altcoins have the capacity to witness massive rallies. However, the upcoming launch of the Pullix trade-to-earn exchange could trigger more adoption. Backed by a lucrative profit-sharing model and token burn feature, Pullix could challenge top altcoins in months to come. At the same time, remember that this is not investment advice.