Polkadot (DOT) is also bullish on the charts and has, as a result, sparked the interest of many traders. Yet, the most significant appeal is in the crypto ICO of Pullix (PLX), a project that will solve key issues in the DEX space. We will go over each one to see which is the best cryptos to invest in.
Polkadot (DOT) to Surpass $10 in 2024 and Surge in Value
Polkadot (DOT) is forming a bullish pattern for January of 2024, especially if it manages to sustain above the $8 price level. The crypto showcased a steep rise so far, as during the past week, Polkadot moved up in value from $6.65 to $9.51.
Alongside this, during the past year, the DOT crypto saw a 96.3% increase, out of which 67.8% occurred during the past 30 days, making Polkadot one of the highest-growing altcoins of the year. It's now the 12th largest, and its future is looking bullish, especially if it breaks above the $10 price barrier. According to the Polkadot price prediction, it can reach $14.14 in 2024.
Theta Network (THETA) Sees 31% Growth and Can Move Above $2
Theta Network (THETA) has seen a major 31% increase in the past seven days. Upon passing the $1 price barrier, the Theta Network crypto then moved up to the $1.42 value, almost missing the $1.50 price target.
Yet, its market cap is currently at $1,331,389,725, making Theta Network the 59th largest crypto in the industry. The total price upswing was by 74.7% in the past year, and as a result, analysts remain bullish on its future. According to the Theta Network price prediction, it can surge to $2.19 in 2024.
Pullix (PLX) Brings Together Best Elements of CEXs and DEXs
Pullix (PLX) is a trading exchange that will bridge the gap between CEXs and DEWX by offering users access to the best features found in both.
One of the largest issues that Pullix aims to solve is the liquidity problem in DeFi. The unique approach will address these issues and will also provide enhanced security.
By incentivizing each user to provide liquidity, the platform can offer far better liquidity and more competitive prices when compared to other platforms. This could attract more users and drive the demand further.
Moreover, it will offer institutional, liquid, and slippage-free trading to the DeFi community. The trades will be executed via the off-chain order book, which will provide a speed advantage.
Traders can even stake their PLX earnings for rewards and bonuses in return, providing a high level of utility for the cryptocurrency. PLX becomes the primary vehicle for distributing rewards, cashback, and other promotional offers as well.
Summary
Theta Network and Polkadot are bullish, yet all of the attention is turned to Pullix. So far, during its crypto ICO, PLX has reached Stage 4, where it has raised over $1,600,000, and where a single token is offered at $0.046. At launch, analysts are projecting an upswing of 3,500%. These aspects make it one of the best cryptos to invest in.
For more information regarding Pullix’s presale see links below: