The recent market pullback did result in the price correction of many altcoins, however, Polygon (MATIC) and Polkadot (DOT) managed to sustain their value, and could soon be on a path towards rapid price recovery. In the meantime, Pullix (PLX) is gearing up for significant gains, with some speculating a price upswing of 20x following its launch. Today, we will go over their price performance to see how far they can rise, and to see why these are among the best DeFi projects.
Pullix (PLX) to Spike 20x Based on the Latest Analyst Projections
Pullix (PLX) is receiving increased attention with its blockchain ICO due to the vast ecosystem and the ways in which it solves key issues in the industry, such as lack of transparency and liquidity. The platform will enable the mainstream adoption of this technology, and anyone can access margin trading or get access to institutional tools while also engaging in the Copy Trader feature.
Any investor can maintain full control over their assets without any third-party interference, which also solves key security issues that have been a part of the space for a long time. Now, the project has reached Stage 6 of its presale raising over $4.3M. It has given early investors 150% in ROI, but can climb further.
So far, in total over 80 million tokens have been sold, out of a total supply of 200 million. The PLX token is now trading at $0.10 after an extremely successful presale which has seen Pullix accumulate over 13,000 registrations in under 50 days. At launch analysts expect Pullix to climb as high as 20x especially once the platform is launched.
Polygon (MATIC) Is on the Verge of a Price Breakout – How Far Can It Rise?
Polygon (MATIC) is currently on the verge of a massive breakout, which could lead it to a bull run, or 600% upswing based on the latest on-chart metrics. The data and overall prediction comes from Captain Faibik, who recently shared his projection on X (Twitter), going over the crypto/s on-chain activity.
As for the Polygon price’s weekly performance, it moved up from $0.6993 to $0.8247, and could soon break above the $1 price barrier. The optimistic Polygon price prediction is plausible, especially at the point in time when MATIC moves above $1.5. For the time being, the on-chart metrics paint a bullish outlook for the Polygon crypto.
Polkadot (DOT) Initially Dips in Value – Gains Up to $11.57 Projected by the End of Q4
Polkadot (DOT) initially experienced a period of price declines, and the crypto dropped under the EMAs of 20, 50, and 200-day, signifying the domination of bears in the short term. However, this only suggests that the short-term outlook is weak, and the Polkadot price could surge in the long term.
Moreover, the Polkadot crypto did not hold at the upper levels, but despite the price slump, it did find support at $6.30. According to the Polkadot price prediction, it can end 2024 at a value of $11.57.
While Polkadot and Polygon are both bullish, the overall market can soon recover, and this could bring further bullishness into the market. Pullix can be further affected by this, and it can serve as a catalyst for its growth, coupled with its rich feature-set. As a result, its one of the best DeFi projects to get into in 2024.
For more information regarding Pullix’s presale see links below: