Ethereum (ETH) bulls have moved towards a process of portfolio diversification, where they began accumulating altcoins in order to get the most out of the market. The three key altcoins they got include Internet Computer (ICP), Avalanche (AVAX) and Pullix (PLX). To see why this is the case, we will be analyzing the overall performance of each cryptocurrency and see which can rise to the top.
Internet Computer (ICP) Grows 318.9% and Can Move Above $30
Internet Computer (ICP) is showcasing green signs across all of its chart time-frames. Specifically, the Internet Computer price has moved upwards by 318.9% in the past year. In addition, the crypto is up 55.6% in the past month alone, and 39% in the past two weeks.
However, significant gains for the Internet Computer crypto were made in the past week where it moved up by 79.4%, moving from a low point of value at $11.00 to a maximum value of $20.21. Its clear that the performance is bullish, and according to the Internet Computer price prediction, this altcoin can end 2024 at $31.52.
Avalanche (AVAX) Spikes 224.1% and Can Rise to $90.25
Avalanche (AVAX) has also begun to move in an upwards direction and could soon experience a major price increase. Specifically, the Avalanche price spiked 224.1% in the past year, and is up 39.4% in the past month alone. Moreover, during the previous week alone, the Avalanche crypto has gone up from a low point of $51.54 to a maximum value at $58.79. At this rate of growth, it can reach new heights, and according to the Avalanche price prediction, its projected to reach a maximum value of $90.25 by the end of 2024.
Pullix (PLX) Introduces Hybrid Platform With Revenue-Share Model
Pullix (PLX) is a hybrid exchange which has partnered with institutional providers to boast vast liquidity, and has even enabled the community to participate in this by staking their tokens. By contributing their PLX to automated market makers (AMMs), they can get passive income with a high APY. Moreover, the platform fuses together the best elements of CEXs and DEXs, and will enable anyone access to different types of assets. From cryptocurrencies, to CFDs, OTC derivatives, and perpetual futures, anyone can trade without any geographical restrictions.
The platform will even feature zero commissions and tight spreads, all of which are transparent and visible on top of the blockchain. As a result of all of these aspects, analysts are projecting that the Pullix crypto can spike 5,000% by the end of 2024. PLX is now listed on BitMart, XT.com, Uniswap, CoinMarketCap and CoinGecko as-well, so anyone can get access, making it one of the top altcoins.
Summary
Its clear that Ethereum bulls are diversifying ahead of the market rally, where Avalanche and Internet Computer are two of the altcoins chosen. However, the most significant ROI can be made with Pullix, as it is projected to see major growth, fueled by its vast ecosystem. These aspects position it as one of the best altcoins to buy.
