Altcoins are getting a lot of attention after the recent price-drop experienced by the Bitcoin cryptocurrency. To recoup some of the losses experienced by its negative price movements, crypto whales began to undergo asset diversification, where they moved money around and began accumulating altcoins such as Dogwifhat (WIF) and Dogecoin (DOGE).
As of recently however, another altcoin has gained significant attention, and that’s Pullix (PLX), a hybrid exchange platform that can completely change how people access DeFi. To see why it gained so much attention, we will go over its price performance, alongside DOGE and WIF’s. By the end, we will determine why these are the best altcoins to invest in.
Dogwifhat (WIF) Climbs 64% – Price to Reach $7.31 by End of 2024
Dogwifhat (WIF) has recently showcased exceptional price growth after climbing 40.4% within the span of the last 14 days. Moreover, throughout the previous week, the Dogwifhat price has moved up from $3.29 to $4.80, and almost broke past the $5 price barrier.
In addition, the total price increase for the Dogwifhat crypto was by 64%, and at this rate, it is bound to attract investor and trader attention. According to the Dogwifhat price prediction, it can end 2024 at a value of $7.31.
Dogecoin (DOGE) Grows 76% YTD – Can It Climb Above $0.25?
Dogecoin (DOGE) has also experienced substantial growth during the past trading sessions, and could soon reach new heights. The year-to-date (YTD) increase in the Dogecoin price was by 76%. Moreover, in the past month, and two-week chart, it has been in the green zone.
Based on the weekly price performance, the Dogecoin crypto moved up from $0.1719 to $0.2233. As a result, sentiment is bullish on its future, and according to the Dogecoin price prediction, it can end 2024 at $0.2787.
Pullix (PLX) Introduces Hybrid Platform With 100x Growth Potential
Pullix (PLX) is a hybrid exchange platform which combines the best elements of CEXs and DEXs to create a unified experience in which anyone can get access to the best features of both. This indicates that users can access quicker, more transparent and privacy-oriented experiences with discounted fees when trading. Pullix will even boast a Trade-to-Earn model in which anyone can get a share of the revenue generated on top of the platform.
They do this through staking their PLX balance on top of the platform’s automated market makers (AMMs). Moreover, unlike most traditional exchanges, Pullix will also incentivize folders in additional ways. For example, the platform will allocate a portion of the daily revenue to purchase PLX from the open market, which will result in a decreased supply, and will drive the demand and value further.
This move incentivizes community-engagement, price competitiveness, and prioritizes user-anonymity as a non-custodial exchange. The platform offers anyone access to the $40 trillion per day OTC derivatives market as-well. As a result, analysts are bullish on its future and project a 100x price increase by the end of 2024. In addition, the token is now listed on BitMart, XT.com, Uniswap, MEXC, CoinMarketCap and CoinGecko, making it accessible to anyone, and a beta version is already available on the official website, making it one of the best altcoins to invest in.
Summary
Following the decline in value of the BTC crypto, many crypto whales initially diversified with Dogwifhat and Dogecoin to recoup some of the losses. However, it’s clear that the most significant gains can be made from the Pullix crypto, as it has massive growth potential, and its unique combination of CEX and DEX features enable it to be a one-stop-shop for anyone’s needs.
Visit Pullix
Join The Pullix Communities
