In recent news, top crypto coins Cronos (CRO) and Internet Computer (ICP) are facing notable downturns, prompting investors to explore emerging projects with higher potential for returns. A standout example in this regard is Pullix (PLX), a hybrid exchange that offers exceptional features and has impressively raised over $4.8 million during its ongoing token presale.
With the markets for Cronos and Internet Computer facing uncertainty, it becomes crucial to examine the future trajectory of these cryptocurrencies. Meanwhile, Pullix (PLX) is gaining traction as one of the best cryptocurrencies to invest in now.
Cronos (CRO) to Focus on Expansion in 2024
Cronos (CRO), a top crypto coin powered by the Ethereum blockchain, has recently experienced notable gains and is expected to continue expanding in 2024. Following a comparatively high surge at the close of 2023, Cronos (CRO) has been steadily declining since the first week of January, suggesting a prolonged downward trend.
CRO has been trading within a weekly range of $0.081 to $0.084, showcasing a decline of 20% over the past month. Although the duration of the ongoing downtrend is uncertain, if the trend persists, there is a possibility that the price of Cronos could drop below $0.06.
On the bright side, Cronos recently introduced the 2FER-USC liquidity pool on Ferro in collaboration with @OrbyNetwork, which is a big step for CRO. This strategic development represents a significant advancement crypto project which will now be able to provide a stable and transparent trade environment. The sudden price spike of the CRO token is in light of the recent news.
Recent Bullish Performance of Internet Computer (ICP)
Internet Computer (ICP) token has performed bullishly over the last week, indicating that the cryptocurrency has remained optimistic. Furthermore, the price of Internet computers gained support at $12.55 after rising from a low of $9.7.
The rise in ICP token trade volume now implies that there may be more growth for the token in the near future. In other words, the cryptocurrency is ready for a possible upswing and is aiming for a breakthrough at $15. The MACD line and signal line analysis point to the impending bullish crossover. Forecasts suggest that the Internet Computer price may be worth $20 by mid-2024.
Pullix (PLX) is already listed on CoinGecko and is on its way to raising $5 million in the token presale
Pullix (PLX) is making a name for itself within the crypto community as it progresses through the final stages of its ongoing token presale. Not only is the project introducing a new approach to resolve liquidity problems found among exchanges, it is also positioning itself as a Trade-to-Earn exchange, thanks to its unique profit share model that rewards users based on their trading activities.
With its distinctive qualities, the native PLX token has the potential to become the next big thing in the cryptocurrency space. Priced at $0.10, the PLX token has already raised an impressive $4.8 million. Meanwhile, the token has yielded no fewer than 150% ROI for early investors considering the PLX token was initially sold for $0.04.
Interestingly, the token presale is scheduled to progress through another phase, making now an opportune time for investors to consider getting involved and potentially reap further profits.
Another interesting highlight is that Pullix has been listed on Coingecko where it is gaining wilder attention through its presale. The project is also generating excitement with a meme competition where participants have the chance to win prizes of $250, $100, and $50, further adding to the buzz surrounding the project.
Analysts are predicting a 90% increase in the value of the PLX token before its scheduled launch in 70 days, driven by the high interest of investors in the stage 7 presale. With the presale nearing the $5 million mark, Pullix aims to outperform tokens like Cronos and Internet Computer upon launch, establishing itself as one of the top crypto investment choices in 2024.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
Source: https://www.thecoinrepublic.com/2024/02/06/pullix-presale-nears-5-million-as-cronos-and-internet-computer-struggle-for-stability/