Algorand (ALGO) and MultiversX (EGLD) have both seen a major upswing with their value, fueled by bullish on-chart performance. As a result, they have captured significant attention from investors and traders. Yet, another crypto could see a major upside as well, and that’s Pullix (PLX), which is shaping up as a major challenger in the industry with its blockchain ICO.
MultiversX (ELDG) Rises 108% – Price to Reach $73.69 in 2024
MultiversX (ELDG) is bullish as buyers are successfully holding the $71 support. It showcases that they are active at a lower level, and the downside risk for this crypto is now low.
The MultiversX price is sustained above the 50-day EMA and 200-day EMA, showcasing an uptrend. If any short-term correction triggers from the current levels, then EMAs will be massive support for the bulls.
At the start of the week, MultiversX traded at $59.54. Then, it spiked to $77.34 before experiencing a minor correction. In the past year, the crypto has been up 108%, and according to the MultiversX price prediction, it can surge to $73.69 by the end of 2024.
Algorand (ALGO) Can Surge to $0.3984 Following Its Recent 75% Jump
Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source crypto that is used to facilitate transactions and protect the network against malicious activity. Its Proof-of-Stake (PoS) protocol has helped it differentiate itself and enable functionality with minimal costs.
Algorand has seen a major 75% upswing in the past month, and during the past week, it’s up 14%. The value of the Algorand crypto moved from $.19 to $0.25, and its market cap now sits at $1,839,713,775. During the upcoming months, analysts are bullish that the crypto can rise, and according to the Algorand price prediction, it can climb to $0.3984.
Pullix (PLX) to Pioneer the Next Generation of TradFi
Pullix (PLX) is a pioneering platform that will solve issues found in most CEX and DEXs today. Throughout this platform, users will be able to trade assets and derivatives, including cryptocurrencies, all from a single account without undergoing a KYC procedure, all while using crypto as collateral.
The PLX crypto will serve as a major utility token and provide benefits to holders. Anyone who holds it can earn from the daily revenues generated on top of the exchange.
Traders can trade OTC derivatives with ease, and there is a revenue share system where Pullix will let any holder get access to fixed capital gains generated from the daily revenue of the platform.
Anyone can even provide liquidity to the automated market makers and get a fixed monthly passive income. These features are game-changers and can push the next generation of TradFi, having completed 4 of its 8 stages in less than a month, Pullix continues to attract investment from individuals looking to capitalize on its amazing presale. As a result, PLX is seen as one of the best cryptos to invest in.
Summary
Aside from MultiversX and Algorand, another crypto that can surge in value is Pullix. During Stage 4 of the presale, the PLX crypto trades at $0.07 during stage 5 of its presale and at launch, can surge by 3,500% based on projections, making it one of the best cryptos to invest in during its blockchain ICO.
For more information regarding Pullix’s presale see links below:
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Source: https://www.analyticsinsight.net/multiversx-egld-and-algorand-algo-face-challenge-from-rising-star-pullix-plx/