While there are numerous cryptocurrencies in the market, Binance (BNB) remains one of the top cryptos based on market capitalization. At the same time, Polygon and Litecoin are also heavyweights considered by many investors due to their growth potential. However, with the growing adoption of the Pullix coin, the PLX token could topple the likes of Polygon and Litecoin in the coming weeks. Here is why.
Pullix: The Next Big Thing in Crypto, Poised to Surpass Polygon and Litecoin
Pullix (PLX) is a new hybrid trade-to-earn exchange with the aim of solving the issues regarding security, speed, and liquidity associated with major exchanges.
With Pullix, users have full control over their assets (users control their own private keys). With a successful presale already complete, the platform hit over $8M in funding and has registered over 20,000 users to the platform. Early investors have made 150% ROI as the Pullix token (PLX) price rose from $0.04 to $0.1.
Some analysts believe that the token will witness up to 30x rallies soon. The prediction is based on the upcoming Pullix trading platform launch. The launch, scheduled for the coming weeks, will open the exchange for trading. Users will be able to 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 that is 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 primary currency of the platform, and holders can save their coins on the Polygon wallet.
Based on CoinMarketCap data, the Polygon price has dropped by 38% in the past year and 15% in the month. Zooming in, the Polygon trading volume in the past few months is not quite impressive. While the MATIC trading volume was hovering around $407M in early May, it has dropped to $250M.
This drop is also reflected in the price, which has declined below the $0.45 support zone. While the Polygon market sentiment is bearish, the Fear and Greed index shows 41 (fear), which signals a buy zone. As such, the dip presents the best opportunity to accumulate the token.
Litecoin Price Forecast – $100 Target in Sight for the Coming Weeks
Litecoin (LTC) is a cryptocurrency designed to provide fast and low-cost transactions while leveraging blockchain features. Meanwhile, the Litecoin ecosystem is an avenue where all secure and transparent transactions are conducted. All payments on this ecosystem are made with the $LTC token, which is also used to reward miners.
As per Litecoin market analysis, top crypto expert Srigopal Bhattad believes the Litecoin price will break out from the descending channel. He sees a bullish trend with a 40% potential upside for this coin, which could push the price close to $100.
Data from CoinMarketCap shows that Litecoin’s trading volume has witnessed tremendous growth in the past few months, moving from $232M in February to $300M in July. Having set support above $50, a move towards $100 for Litecoin in Q3 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 might be one of the best investment decisions. However, remember to DYOR before investing.
For more information regarding Pullix see links below:
Visit Pullix
Join The Pullix Communities
Disclaimer: This is a paid post and should not be treated as news/advice.
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