Professional investors have always advised that the best time to join a project is at its early stage. As a result, investors are always searching for crypto gems to add to their portfolios.
Polkadot and Chainlink have seen massive growth lately. However, analysts have tipped a new ICO, called Pullix, to see monster gains. Read on to learn about Pullix.
Polkadot (DOT) Price and Network Activity Skyrockets
Polkadot’s (DOT) price has surged significantly. The Polkadot price has pumped 80% to a high of $7.60 since the market turned bullish on October 18th. The DOT token increased as these traders and investors held on strong.
In the second week of December, CoinMarketCap revealed that Polkadot prices increased from $6.31 to $7.60. Polkadot has recorded 15.4% weekly gains and 37.5% monthly gains.
On the other hand, the Polkadot network has seen massive expansion. PolkaProject says that it has 581 decentralized projects. If this price rally lingers, the Polkadot coin could rise to its 2023 high of $8.
Chainlink (LINK) Reaches New 2023 High
Chainlink (LINK) is another token that has seen bullish price movements in the last quarter of 2023. A look at the weekly timeframe shows that the Chainlink price has seen massive growth.
This happened after the token broke out from a horizontal resistance level in October. As a result, it reached a new 2023 high of $17.32 on December 8th. The Chainlink price bowed to the selling pressure. As a result, its price briefly fell under $14.00.
This brief drop hasn’t deterred analysts, who have remained optimistic about a possible reversal. Their bullish sentiments are founded on the growing adoption of Chainlink. Most notable is the recent addition of the Chainlink data feed to Polygon ZkEVM.
Pullix (PLX): The Best Crypto for Beginners
Investors looking for a project to join before the crowd can consider Pullix. Pullix is currently valued at $0.042 and is among the low-cap tokens in the crypto market. There is a lot of excitement surrounding the project. Let’s take a closer look at Pullix.
This is an upcoming centralized and decentralized trading exchange. One of the major wins Pullix has over other exchanges is its lower transaction fees and non-strict know-your-customer (KYC). Because Pullix charges lower fees, traders can earn more from their investments.
The non-strict KYC means you can trade anonymously without offering too many personal details. Pullix also offers forex, indices, stocks, and commodities. This gives crypto traders a massive chance to grow their horizon of investments.
Pullix has also addressed a common issue with decentralized exchanges: liquidity. The platform’s liquidity is enhanced by its diverse range of assets. In addition, users are encouraged to provide liquidity to the platform via reward issuance.
Pullix will launch in January 2024. However, only those with the PLX token will enjoy all features on the platform. In addition, some experts anticipated that its worth could reach as much as 100x when it is released. This makes the PLX token the best crypto for beginners looking for a new project with potential.
Final Thoughts
While acknowledging the growth of giants like Polkadot and Chainlink, this new ICO, Pullix, stands out with its unique features. The low-priced and low-cap token allows users to grow their assets as the project skyrockets.
For more information regarding Pullix’s presale see links below:
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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