The cryptocurrency market saw a shift recently as Bitcoin (BTC) corrected its course, rallying back to the $44,000 mark. Meanwhile, Ethereum (ETH) holders have been observed rushing to invest in a promising new altcoin – Pullix (PLX). Experts say this Stage 2 presale is poised for a projected 100x surge in 2024. Let’s dive into these developments.
Bitcoin (BTC): Rally Among Correction
Bitcoin (BTC) recently experienced a correction period that saw its value decline. However, the resilient nature of this top 5 cryptocurrency showed as it staged a recovery, rallying back to the $44,000 mark. The recent 7RCC Spot Bitcoin ETF filing also helped this price increase.
From a technical perspective, the Bitcoin price will continue rising as its value now sits comfortably above its 100 and 200-day EMAs. Its Fear & Greed index rating is 73 (Greed) – great bullish signs.
Due to these reasons, experts in the field have made a bullish Bitcoin price prediction. They foresee its value rising to $46,139.00 within Q1 of 2024.
Ethereum Price Prediction
Meanwhile, Ethereum (ETH) has also had some ETF news, as James Seyffart reports that the SEC has delayed two Ethereum ETFs. According to him, the final date for these ETFs will be in late May. In terms of the Ethereum price movement, it increased from $2,172 on December 18 to $2,245 on December 19.
The technical analysis for Ethereum also paints a bullish picture, with the altcoin now recording 19/30 (63%) green trading days over the last month alone. Moreover, its price is above its 100 and 200-day EMAs.
Market analysts have taken note of all these factors as they foresee the Ethereum price reaching $2,457.89 when 2024 starts.
Pullix (PLX): The Best Crypto To Buy
Positioned as a potential standout in 2024, Pullix (PLX) has captured the interest of global investors, including Ethereum holders. This innovative DeFi project will be the first trading platform to combine the best features of CEX and DEX. As a result, you will experience deep liquidity, high leverage at 1000:1, and access to all asset classes (including cryptos) on one account.
The hype for this crypto ICO is sky-high as over 2.9M PLX native tokens have been sold, and Pullix has raised $859,400 so far. PLX is a crucial component of the Pullix ecosystem – bringing exclusive access to certain assets, up to 60% trading fee discounts, and more. Most importantly, if you stake the PLX token, you will receive a percentage of Pullix’s daily revenue. This is an outstanding opportunity for passive income.
The PLX token is currently in Stage 3 of its presale and is worth just $0.044. Those who bought it early on are enjoying a 10% ROI. But, this percentage will increase the presale advances. Experts forecast a potential 580% growth before the presale ends. Some analysts even claim a 100x pump is in store after PLX hits exchanges after its launch in Q1 of 2024.
This price prediction may seem ambitious, but remember that Pullix will tap into multiple resilient financial markets – like the Forex one. Baby Pips reports that this is the world’s biggest and most popular financial market. With Pullix’s innovative features and hybrid nature, it has the potential to become a fan favorite. Because of this, its long-term growth potential is outstanding.
Conclusion
The dynamic nature of the crypto sector is shown by Bitcoin’s shifting performance and Ethereum holders rushing to the Pullix crypto ICO event. While all three of these tokens may surge, Pullix has the upper hand thanks to its low market cap.
It has a market cap of $8.8M, drastically lower than Bitcoin’s ($843B) and Ethereum’s ($270B). In other words, PLX will experience growth much faster as fewer new funds are needed, which makes it the best crypto investment right now.
For more information regarding Pullix’s presale see links below:
Read More: Bitcoin (BTC) Correction Sees It Rally To 44k, Ethereum (ETH) Holders Rush To