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In the current cryptocurrency market, two players – Hedera (HBAR) and Blur (BLUR) – are making noise as top gainers. Meanwhile, Pullix (PLX), which is a Stage 8 presale star, is also turning heads as the next potential 100x DeFi coin in 2024. Even BitMart, a well-known crypto exchange, announced it would list this rookie soon. Let's see why.
Recently, Hedera (HBAR) has been soaring on the price charts. As per CoinMarketCap data, the Hedera price increased from $0.077 to $0.10 in the past week alone. Its market cap also grew from $2.64B to $3.50B in that period.
From a technical analysis perspective, this DeFi coin may continue its bullish trend. To clarify, Hedera is now trading above its 100 and 200-day EMAs. Additionally, over 26 technical indicators are flashing green for Hedera. Because of this, experts in the crypto field have made a bullish Hedera price prediction. They forecast a surge to $0.12 for HBAR within Q1 of 2024.
Simultaneously, Blur (BLUR) has been riding a bullish wave. According to Spot On Chain, Blur recently unlocked 48.66M BLUR tokens. After this unlock, the Blur price increased from $0.63 to $0.76 in the past seven days. Its market cap jumped from $822M to $1.09B during that time.
Sentiment for this DeFi coin is also bullish, with 21 green technical indicators. Moreover, the Blur crypto now trades above its 21-day EMA. Due to all these reasons, analysts have made a bullish Blur price prediction. They predict a potential pump to $1.08 within Q2 of 2024 for Blur.
As the crypto frenzy continues, Pullix (PLX) will hop aboard by being listed on BitMart. The excitement surrounding PLX's integration into the BitMart exchange adds more hype to the crypto community. This DeFi project, now in Stage 8 of its presale, has already raised over $7 Million while onboarding over 18,000 users.
Essentially, Pullix could be the thing that makes everything way easier in the online trading sector. This hybrid trading platform combines the best parts of both centralized and decentralized exchanges. Therefore, traders will experience deep liquidity, access to all asset classes (including cryptos), and more.
The entire platform centers around the PLX token. This is the main currency used in trades and rewards holders with reduced trading fees. Most importantly, the "Trade-to-Earn" revenue-sharing model will reward PLX stakers with a portion of Pullix's daily revenue.
The PLX DeFi coin is worth just $0.14 – a 250% rise from its starting price. But, according to industry experts, once listed on a Tier-1 CEX in Q1 2024, PLX could see further growth by 100x. As it also taps into the $40T OTC derivatives market, Pullix may now become the best DeFi crypto.
With a $28M market cap, Pullix could outpace Hedera and Blur quickly. In other words, PLX needs fewer new funds to jumpstart its growth. The low market cap makes it more attractive than the others in terms of getting faster and more significant gains in the current DeFi market.
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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.
