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BNB eyes $310, SYN surges on Polygon integration, while Pullix’s Stage 2 presale hints at 580% growth.
Cryptocurrency traders always aim to identify altcoins that could mirror the rise of established tokens like Binance Coin (BNB). Synapse (SYN) and Pullix (PLX) are among promising contenders.
While Synapse is a well-established player in the crypto sphere, Pullix is a new ICO that is already selling 3.2M tokens. Analysts have pegged this Stage 2 presale as a token that may experience 100x growth in 2024. Let’s discover why.
How high can Binance Coin (BNB) go?
Recently, the crypto analyst Ali Martinez stated that a sustained close above the neckline at $261 could push the Binance Coin (BNB) up to $310. Over the previous week, the Binance Coin price has increased from $231 on Dec. 7 to $250 on Dec. 14.
From a technical perspective, Binance Coin may continue this bullish trend. This altcoin has recorded 18/30 (60%) green days with 3.48% price volatility over the last 30 days. Moreover, its Fear & Greed index sits at 72 (Greed).
Experts in the field have taken note of all this data when making their Binance Coin price predictions. Therefore, they forecast that the Binance Coin will be worth $457 within Q1 of 2024.
Synapse (SYN): good crypto to consider buying
Synapse (SYN) announced that the project has implemented CCTP on Polygon (MATIC). This will enable users to bridge native USDC in a slippage-free way between multiple networks.
After this Synapse news, its value increased from $0.41 on Dec. 13 to $0.43 on Dec. 14.
Sentiment around the Synapse crypto is bullish as its Fear & Greed index now sits at 72 (Greed). Additionally, it experienced 16 out of the last 30 days trading in the green.
Due to all these reasons, market analysts have made a bullish Synapse price prediction. They predict a surge to $0.47 before the end of 2023.
Pullix (PLX): something new in trading sphere
Pullix (PLX) introduces a hybrid defi trading platform that combines the best aspects of centralized and decentralized exchanges. It has gained global investor interest by offering users access to all assets — from cryptocurrencies to traditional stocks and forex — within a single platform.
It aims to solve the main issues that currently plague this market. For instance, after the FTX crash, there have been a lot of transparency questions regarding user funds custody. But Pullix will be a non-custodial exchange where you can connect your crypto wallet, make a deposit, and trade freely. Therefore, you do not have to provide any custody to the platform.
While the exchange is the main focus, the Pullix team is also implementing different components in its ecosystem:
- Copy Trading: This feature will allow you to replicate trades that other traders with more experience have made, thus capitalizing on their decisions.
- Lending Protocol: Enabling money markets for lending and borrowing, the lending protocol operates using pools of assets.
- VaultX: This decentralized yield-chain optimizer will allow you to generate compound interest on your crypto holdings.
All these features are powered by the PLX native token, which is now in stage 2 of its presale and costs only $0.042. Those who bought this altcoin early on are enjoying a 5% ROI. However, this percentage may increase as the presale advances, with experts predicting a 580% growth before it’s over.
Pullix could potentially bring many benefits to PLX holders to incentivize purchases, such as discounts on trading fees (up to 60%), exclusive access to certain assets, and passive income via staking.
Since it taps into multiple financial markets like the OTC derivatives one, which BIS states had a value of $20.7T by the end of 2022, Pullix’s long-term growth potential is promising. You can sign up for the presale below if you want this altcoin.
Synapse and Pullix price predictions
While Binance Coin is going through its ups and downs, Synapse and Pullix are both rising as potential contenders for the top 10 altcoins. However, Pullix gains the upper hand thanks to its low market cap of $8 million. This means it will surge much faster than BNB ($38 billion) and SYN ($60 million) as fewer new funds are needed, making PLX the best crypto to buy.
For more information regarding Pullix’s presale, see the links below:
Visit Pullix
Join The Pullix Communities
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Source: https://crypto.news/analysts-name-cross-chain-darkhorse-synapse-syn-and-pullix-plx-as-binance-coin-bnb-competitors/