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Pullix (PLX) Rockets to the Moon As Sei (SEI) and Ethereum Classic (ETC) Continue Their Altcoin Supremacy

NewsBTC
NewsBTC
1 year ago
2 mins read

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In the current DeFi market, three tokens are spearheading a remarkable surge: Pullix (PLX), Sei (SEI), and Ethereum Classic (ETC). While you may be familiar with SEI and ETC, PLX is a new ICO in Stage 6 of its presale. As it has already sold millions of tokens and helped Pullix raise $3.6M, experts hint it could become the next 100x token in 2024. Let’s find out why.

Pullix (PLX): Surges by 100%

Pullix (PLX) has recently made headlines as it has already provided early investors with a 100% ROI, interest in this DeFi project skyrocketed. Millions of traders are now flooding this presale event to purchase the PLX native token, the backbone of the Pullix platform.

At its core, Pullix is a hybrid trading platform that will challenge the status quo. It will accomplish this by combining the best DEX and CEX features. As a result, you can expect to find deep liquidity, access to all asset classes (including cryptos) and more on Pullix. This is game-changing as it has never been done before.

The PLX token is the main currency used for trading on Pullix. However, those who hold it will receive exclusive access to certain assets and reduced trading fees. Moreover, if you stake it – you obtain a percentage of Pullix’s daily revenue. This feature makes PLX the very first “Trade-to-Earn” crypto.

All these benefits have made countless investors stockpile this altcoin, which now costs only $0.08. But, as the presale advances, so will its value. Plus, its long-term growth potential is excellent thanks to its ties to the forex market, which Baby Pips claims is the biggest in the world. Market analysts predict a 1,000% jump after it hits exchanges in Q1 of 2024.

Sei Price Reaches All-Time High

Meanwhile, Sei (SEI) has reached a new all-time high on January 3 – $0.87. CoinMarketCap data shows that the Sei crypto value has jumped 200% on the monthly charts.

The technical analysis for this DeFi project also paints a bullish picture, as 19 technical indicators are flashing green. Additionally, Sei has recorded 17/30 (57%) green trading days over the last month alone. Because of this, market analysts have made a bullish Sei price prediction. They forecast a surge to $0.9456 within Q2 of 2024.

Ethereum Classic Pumps After Bitcoin ETF Announcement

Ethereum Classic (ETC) has surged after the Bitcoin ETF approval as an Ethereum ETF is next up. According to Santiment, this news has made the Ethereum Classic crypto surpass $26 for the first time since October 2022.

This altcoin has also been on an uptrend this past year. Its value has risen from $22.45 in January 2023 to $27.42 in January 2024. Sentiment for Ethereum Classic is bullish as it trades above its 100 and 200-day EMAs. Thus, experts foresee a $41.84 value for Ethereum Classic within Q2 of 2024.

Can Pullix Compete With Sei and Ethereum Classic?

These cryptos are altcoins to watch; however, Pullix stands out. It is still early in its development and has a market cap of $16M. Meanwhile, Sei and Ethereum Classic sit at $1.7B and $3.9B, respectively. To clarify, PLX would need only $16M for its current price (and returns) to double – making it one of the best altcoins to invest in.

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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The highest standards in reporting and publishing
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Strict editorial policy that focuses on accuracy, relevance, and impartiality

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NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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