Cosmos (ATOM) Set to Move Up In 2024
Cosmos is down 9.68% in the last week and up 15.25% in the last 30 days. All-time growth is 61.70%. Many Cosmos-based blockchains use the Tendermint Core, a Byzantine Fault Tolerant consensus algorithm. ATOM’s perks are the Inter-Blockchain Communication protocol which enables different blockchains within the Cosmos ecosystem to communicate and transfer assets between each other and the Cosmos Software Developer Kit.
ATOM, as the native crypto of the Cosmos hub, is used for staking, participating in governance, and transaction fees. Since the Cosmos SDK provides simplicity for building on the Cosmos hub, many crypto visionaries are anticipating this element to be crucial in its coming growth.
Moving averages are already signaling us to purchase ATOM. Couple with cheap and fast transactions especially with the upcoming Bitcoin halving, ATOM should see a big rise in Q2 of 2024.
Stellar (XLM) Brings Smart Contracts to the Network
Stellar moved <1% upward today, during the week, and in the last 30 days. 1-year movement is showing a green 61.39%. Stellar was launched in 2015 and gained a big user base since it gave out plenty of Lumens for simply verifying your account. One transaction on the Stellar network costs only 0.00001 Lumen.
Considering the current price of Stellar, this is only a fraction of a cent. The usage of Anchors as entities that bridge the gap between Stellar and financial systems is one of the big positives of XLM. With the upcoming Soroban that is going to bring Smart Contracts to Stellar, most crypto visionaries are anticipating growth for XLM. Although the daily moving averages are showing – a sell. However, the weekly ones are showing a buy signal. As Soroban advances we can expect a more secure buy.
Protocol 20 releases are already available today, but the vote to upgrade the network is going to happen on 30th January. Then the protocol goes through various phases. Crypto visionaries are anticipating Soroban to propel Stellar on further growth.
Pullix (PLX) Set to Make Profits Before 2024
As Stellar and Cosmos wait for events in 2024, Pullix is already realizing gains. Its presale is already in Stage 3, and visionaries are anticipating it’s going to go up 580% during this time. Analysts say there are not many coins that can turn such profits so soon.
Pullix is revolutionizing the DEX game by bringing CEX-level trading tools to a platform where users own their private keys and don’t have to use KYC. The first Trade-To-Earn revenue-sharing platform is rocking through the stages of its presale as investors recognize this potential. Off-chain order books allow fast and cheap transactions, while the nature of a DEX allows users their privacy and asset control—truly remarkable innovation.
RWA is being talked about in the crypto space as something to develop in the future. However, Pullix is already putting stocks and derivatives on its platform. Its own lending platform allows leverage. Very interesting for traders fleeing CEX platforms after MtGox, FTX, and recent regulatory pressures. Crypto visionaries are predicting Pullix to surge 100x at post launch.
For more information regarding Pullix’s presale see links below:
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The views expressed on this page are those of the author and not of The Portugal News.
Read More: Crypto Visionaries Predict the Rise of Cosmos (ATOM), Stellar (XLM), and Pullix