A new player has emerged among Ethereum (ETH) and Polkadot (DOT) whales. This Stage 7 presale star, which has a groundbreaking revenue-sharing model, is gaining traction among whales. It has even been suggested by some analysts that in 2024 it will be the next 100x altcoin. Let’s find out why.
Ethereum (ETH): Coinbase Analysts Predict Growth
Recently, Ethereum (ETH) has been experiencing a bullish rally. Coinbase analysts have taken note, publishing a new report projecting further growth soon. Forecasters indicate the likelihood of institutions investing in the altcoin during Q1 2024. The hope for such development is largely based on the possibility that spot Ethereum ETFs will be approved, just like Bitcoin’s.
Ethereum’s price has moved between $2,365 and $2,755 over the past month alone. During that time, its market cap also grew from $282B to $331B. Sentiment for this altcoin is also bullish, with 27 technical indicators in the green. Due to all these reasons, market analysts predict a surge to $3,530 within Q2 of 2024 in their Ethereum price predictions.
Polkadot (DOT): Remains a Top Gainer
Simultaneously, Polkadot (DOT) has also seen a noteworthy rise. According to CoinMarketCap data, the Polkadot price jumped from $6.69 to $7.65 in the past week alone. Its market cap also grew from $8.54B to $9.77B in that period.
The technical analysis for the Polkadot crypto signals further growth as 26 technical indicators are green. Moreover, right now this altcoin is trading above its 50 as well as 100 day EMAs. When making their Polkadot price predictions, experts note all these factors. Therefore, they forecast a potential pump to $9.57 for Polkadot within Q2 of 2024.
The newest craze in the altcoin world is Pullix (PLX), attracting Ethereum and Polkadot whales. This DeFi project is now in Stage 7 of its presale and has already raised close to $6M. Global investors are interested in this upcoming hybrid trading platform. In other words, Pullix will incorporate features of both centralized and decentralized exchanges into one.
This innovative combination will bring high liquidity, complete asset coverage (including cryptocurrencies), and user-friendly self-custody portfolio management. Pullix’s features have now attracted over 15,000 users worldwide.
During this presale phase, traders can acquire the PLX native token, which plays a crucial role in the system. In addition to being traders’ main exchange form, holding PLX lowers transaction costs.
Excitingly enough for PLX stakers there will also be a “Trade-to-Earn” revenue-sharing model where they earn a portion of Pullix’s daily revenue. Thus, the more trades are made – the more rewards for PLX stakers. One PLX token is worth just $0.1, a 150% rise from its starting price. But, experts predict another 100x surge once this altcoin hits exchanges in Q1 of 2024.
Why Are Ethereum and Polkadot Whales Gravitating to Pullix?
A market capitalization of just $20M makes Pullix a magnet for Ethereum and Polkadot whales. This suggests that there is potential for this altcoin to make huge leaps with less fresh funds. These whales understand that they can grow quicker than other larger market cap projects, all thanks to Pullix’s smaller financial threshold. With a live platform demonstration available to the public, two trading licenses obtained and listings on both Bitmart and Uniswap, Pullix has the potential to become the next 100x token in 2024.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Source: https://blockchainreporter.net/ethereum-eth-and-polkadot-dot-whales-cant-get-enough-of-this-exciting-new-altcoin-with-insane-revenue-share-model/