With over 10,000 cryptocurrencies in the market, finding cryptos that could witness massive growth is not easy. However, with a careful market analysis and expert prediction, investors can narrow down their choices. While Dogecoin and Tron market activity has dropped significantly in the past few weeks, analysts believe that both coins are undergoing a correction that could usher in a rally. Meanwhile, with Pullix set to launch very soon, there is a high potential for the PLX token to set a new price record. More details are below.
Even though the crypto market is experiencing a turbulent phase, Pullix is showing visible signs of an upcoming rally. The new hybrid trade-to-earn exchange will bridge the gap between decentralized and centralized exchanges to offer users the best of both worlds. As such, Pullix will provide high liquidity, a faster transaction process, and adequate security.
With these novel ideas, Pullix has attracted large numbers of investors to the project. The presale earlier this year achieved over $8M raised with close to 10,000 PLX holders. The Pullix price has also witnessed massive growth shortly after launch, moving from $0.01 to $0.1, a massive 900% ROI for investors.
One of the driving factors of the Pullix project is the lack of KYC requirements to trade. Outside of that, Pullix has amazing features, such as the profit-sharing model, which enables token holders to earn a percentage of the platform's revenue. Notably, Pullix also offers over 100 different trading assets to trade. Members can trade cryptos, commodities, forex, indices, etc. With the market cap still only around $3M and the launch of their trading platform around the corner, PLX has insane potential for growth.
Dogecoin, the popular meme coin, could be set for a massive rise in the coming weeks. With Dogecoin price bouncing from the key support zone, crypto analysts such as World of Charts believe it can trigger massive returns in the coming months.
Meanwhile, the Dogecoin trading volume has depreciated from over $1.5B, witnessed sometime in May to $550M as of September. However, that has not deterred investors who are accumulating the meme coin.
There is already speculation that DOGE XPayments will be coming soon. So far, popular merchants such as Tesla have also speculated about adding Dogecoin as a means of payment. As such, some Dogecoin predictions believe it could rally closer to $0.5 before the end of the year.
Tron is a popular blockchain used for creating decentralized applications. Its native token, TRX, is used as a reward and to make payments in the blockchain. The Tron market performance has been impressive in the past months, with 95% gains in the YTD price metrics.
Also, the Tron price has set support above $0.15 and could be on its way to retesting the $0.166 mark. Zooming in, the Tron trading volume has also maintained consistent growth in the year, with an average daily trading volume of $400M.
This is unlike what happened in 2023 when the token struggled to stay afloat. Some analysts believe that with more buyer activity, the Tron token could hit $0.20 in 2024. With the Tron ecosystem growing rapidly, with the rise of SunPump and meme coins on Tron, the TRX token could set a new record soon.
The above cryptos have the potential for massive growth. The rumored adoption of DOGE for payment is growing rapidly, which could trigger a further price uptrend. At the same time, the USDT on Tron reached $57.1B in Q2, a new ATH that showcases massive ecosystem development. With Pullix set to launch its trading platform soon, the PLX price could hit new records. As such, PLX could offer much greater returns
For more information regarding Pullix see links below:
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.