Altcoins to Watch: Three Gems That Could Shine Brighter Than Bitcoin After the Halving
The crypto market is abuzz with the upcoming Bitcoin halving event, which is expected to cause a major shakeup in the market. As a result, experts have identified Solana (SOL), Ethereum (ETH), and Pullix (PLX) as promising altcoins to invest in before the halving.
Solana and Ethereum are well-known players in the market, but Pullix is gaining attention for its unique approach to crypto trading. The platform offers a hybrid trading system that provides investors with greater control over their assets, zero commission on transactions, high security, and robust transparency.
Pullix (PLX) Starts Trading Platform, Rolls Out Staking Alternatives
The Pullix trading platform has already launched on several popular exchanges, including Uniswap, BitMart, XT.com, and MEXC, making the PLX token more accessible to traders.
Read Also: What Can We Expect from SHIB and DOGE’s Future Performance after the Bitcoin Halving?
Investors who participated in the PLX presale are already exploring the staking option, which can generate up to 45% APY. As a testament to its growing potential, Pullix has been listed by major aggregator platforms CoinMarketCap and CoinGecko, increasing its visibility in the market.
Investors Accumulate Solana (SOL) Despite Dip
Solana has experienced some bearish pressure in recent days, resulting in a drop in price value from $196 to $176. Nevertheless, the token remains popular among investors, with a Fear and Greed Index score of 79 (Extreme Greed) and trading above the 50-day EMA. Investors are taking advantage of the dip in price to accumulate the token before the bull run.
Read Also: Cardano Price Surge: $10 and $20 Targets Eyed by Analysts, But Timelines Extended
Analysts Predict Bullish Momentum For Ethereum (ETH) in the Bullish Market
Ethereum briefly surpassed $4 in March but has since experienced a significant slump due to bearish pressure. Despite this, analysts predict that Ethereum will soon bounce back and experience bullish momentum in the upcoming bull run. The token’s trading outlook appears neutral, with a volatility of 6.3% and 17/30 green days in the past 30 days, indicating that the bulls are still in control. Analysts project that Ethereum’s price will surpass its all-time high record of $4,800 by 2024.
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Kayode Michael is a seasoned cryptocurrency analyst, successful trader, and skilled writer with a strong command of cryptocurrency analysis and price action. He leverages his technical analysis skills to provide valuable insights into emerging market trends and potential opportunities for investors to make informed decisions.
