Avalanche (AVAX) and Cardano (ADA) are some of the main gainers in the top 10 crypto right now. However, AVAX and ADA holders are looking for the next best thing, with both altcoins showing instability.
Here’s why Avalanche (AVAX) and Cardano (ADA) holders are diversifying into Pullix (PLX).
Avalanche (AVAX) Enters Top 10 Crypto
Avalanche’s AVAX has recently entered top 10 crypto ranks by market capitalization, after overtaking Dogecoin. With an impressive rally of over 45% in the past seven days, Avalanche’s AVAX has managed to secure its place among the top gainers in the past week.
Despite this, many now believe that Avalanche (AVAX) is slipping into overbought territory, mainly due to the high RSI (Relative Strength Index). This could potentially lead to a trend reversal in the near term, prompting investors to find the next altcoin to explode to end the year on a high note.
Cardano NFT Drop: 76% Down After Speculative Craze
In a highly surprising turn of events, Cardano’s founder, Charles Hoskinson, has led to a single post crashing the price: A Cardano NFT drop of 76%. The roller coaster started its ride when Hoskinson posted on the social media platform X, a photo with his dog and tagged a dormant account, FreyaHoskinson.
Almost immediately, the account was turned into a new Cardano NFT, FREYA. The crypto community thought that the new NFT was approved by the founder and the craze led to a whopping 2,530% price increase. In the next half hour, the price went down by over 75%, leaving buyers in the red.
Pullix (PLX) Presale to Generate 580% Gains for Early Backers: Next Altcoin to Explode?
The recent market movements of AVAX and ADA have highlighted the need for diversification. With AVAX entering potentially overbought territory and the speculative craze around Cardano’s NFT drop leading to significant price fluctuations, investors are seeking stability and new growth opportunities. Pullix, with its upcoming presale, offers just that.
Pullix aims to bridge the gap between the conventional trading world and the burgeoning DeFi sector, offering a versatile hybrid platform for trading cryptocurrencies, forex, commodities, and more. Unlike traditional crypto assets, Pullix offers an innovative ‘Trade-to-Earn’ model, which allows users to earn rewards for their trading activities.
The presale phase of PLX is particularly attractive because it allows investors to get in at an early stage, currently for only $0.042, potentially leading to significant gains as the platform grows – experts estimate 580% gains by the end of the presale and up to 100x growth in 2024.
Moreover, the innovative aspects of Pullix, such as its ‘Trade-to-Earn’ model and AI-enhanced trading, offer a fresh perspective compared to the traditional utility provided by AVAX and ADA.
Summary
To wrap up, it’s clear that the Pullix (PLX) presale is not just an event – it’s a key breakthrough in the world of DeFi, trading, and investment. For those holding Avalanche (AVAX) and Cardano (ADA), this is more than a diversification strategy; it’s a leap into a future brimming with possibilities.
As AVAX and ADA holders look towards Pullix, they’re not just chasing potential gains, they are taking advantage of the golden opportunity to be part of the next revolution in DeFi and crypto.
Keywords (ahrefs): next altcoin to explode, Cardano NFT drop
For more information regarding Pullix’s presale see links below:
