While there are numerous cryptocurrencies on the market, Binance (BNB) remains one of the top cryptocurrencies by market capitalization. At the same time, Polygon and Litecoin are also heavyweights considered by many investors for their growth potential. However, with the growing adoption of the Pullix coin, the PLX token could topple competitors like Polygon and Litecoin in the coming weeks. Here’s why.
Pullix: the next big thing in crypto, poised to surpass Polygon and Litecoin
Pullix (PLX) is a new hybrid trade-to-earn exchange that aims to solve the security, speed and liquidity issues associated with large exchanges.
With Pullix, users have full control over their assets (users have control over their own private keys). With a successful pre-sale already completed, the platform has raised over $8 million in funding and has registered over 20,000 users on the platform. Early investors achieved a 150% ROI when the price of the Pullix token (PLX) rose from $0.04 to $0.1.
Some analysts believe that the token will testify 30x will meet soon. The forecast is based on the upcoming launch of the Pullix trading platform. The launch, scheduled for the coming weeks, will open the exchange for trading. Users can trade cryptos such as Bitcoin, Polygon and Litecoin.
Growing investor demand could drive the polygon price to $1
Polygon is a layer 2 scaling solution designed to develop applications for various purposes on the Internet. Also by using the Polygon crypto platform, users will enjoy better interoperability and security. $MATIC is the platform’s primary currency and holders can store their coins on the Polygon wallet.
Based on CoinMarketCap data, the Polygon prize is down 38% over the past year and 15% this month. Zoom in, the Trading volume of polygons of the past few months is not really impressive. While MATIC trading volume hovered around $407 million in early May, it has fallen to $250 million.
This decline is also reflected in the price, which has fallen below the $0.45 support zone. While market sentiment in the Polygon is bearish, the Fear and Greed index shows 41 (fear), indicating a buy zone. As such, the dip provides the best opportunity to collect the token.
Litecoin Price Prediction – $100 Target in Sight for the Coming Weeks
Litecoin (LTC) is a cryptocurrency designed to provide fast and cheap transactions while taking advantage of blockchain features. Meanwhile, the Litecoin ecosystem is an avenue where all secure and transparent transactions are carried out. All payments on this ecosystem are made with the $LTC token, which is also used to reward miners.
According to market analysis by Litecoin, top crypto expert Srigopal Bhattad believes the Litecoin price will break out of the descending channel. He sees a bullish trend with a potential upside of 40% for this coin, which could push the price close to $100.
Data from CoinMarketCap shows this Litecoin trading volume has witnessed tremendous growth in recent months, from $232 million in February to $300 million in July. Now that support is above $50, a move towards $100 for Litecoin in the third quarter is possible.
Which cryptocurrencies are worth buying today?
Investors need to make smart decisions when choosing a crypto to invest in. While Polygon and Litecoin are worth buying, investing in Pullix before the launch of the trading platform can be one of the best investment decisions. However, don’t forget to consult DYOR before investing.
For more information about Pullix see the links below:
Disclaimer: This is a paid post and should not be treated as news/advice.