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Home»Bitcoin»Pullix (PLX) Outperforms Crypto Heavyweights Like Polygon (MATIC) and Litecoin (LTC)
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Pullix (PLX) Outperforms Crypto Heavyweights Like Polygon (MATIC) and Litecoin (LTC)

August 7, 2024No Comments4 Mins Read
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While there are many cryptocurrencies in the market, Binance (BNB) remains one of the leading cryptocurrencies in terms of market capitalization. At the same time, Polygon and Litecoin are also considered heavyweights by many investors due to their growth potential. However, with the increasing adoption of Pullix coin, the PLX token could topple Polygon and Litecoin in the coming weeks. Here’s why.

Pullix: The Next Big Thing in Cryptocurrency, Set to Surpass Polygon and Litecoin

Pullix (PLX) is a new hybrid trade-to-earn exchange that aims to solve the security, speed, and liquidity issues associated with major exchanges.

With Pullix, users have complete control over their assets (users control their own private keys). With a successful pre-sale already completed, the platform has reached over $8 million in funding and has registered over 20,000 users on the platform. Early investors have seen a 150% return on investment as the Pullix (PLX) token price has increased from $0.04 to $0.1.

Some analysts believe the token could see up to 30x The rallies are about to begin. The prediction is based on the upcoming launch of the Pullix trading platform. The launch, scheduled for the next few weeks, will open the exchange for trading. Users will be able to trade cryptos such as Bitcoin, Polygon, and Litecoin.

Growing investor demand could push Polygon price to $1

Polygon is a Layer 2 scaling solution designed to develop applications for various purposes on the Internet. Additionally, by using the Polygonal cryptography With this platform, users will benefit from better interoperability and security. $MATIC is the main currency of the platform and holders can register their coins on it. Polygon Wallet.

Based on CoinMarketCap data, the Polygon Price has fallen 38% over the past year and 15% over the past month. Zooming in, the Polygon Transaction Volume The numbers for the last few months aren’t exactly impressive. While MATIC’s trading volume was hovering around $407 million in early May, it has since dropped to $250 million.

This decline is also reflected in the price, which has broken below the $0.45 support zone. While the Polygon market sentiment is bearish, the Fear and Greed Index is reading 41 (fear), which signals a buy zone. As such, the decline presents the best opportunity to accumulate the token.

Litecoin Price Prediction – $100 Target in Sight for Coming Weeks

Litecoin (LTC) is a cryptocurrency designed to provide fast and low-cost transactions while leveraging the features of blockchain. Litecoin Ecosystem is a space where all transactions are done securely and transparently. All payments on this ecosystem are made with the $LTC token, which is also used to reward miners.

According to Litecoin Market Analysis, Top Cryptocurrency Expert Srigopal Bhattad believes that the Litecoin Price will break out of the descending channel. He sees a bullish trend with a 40% upside potential for this coin, which could push the price close to $100.

CoinMarketCap data shows that Litecoin Transaction Volume Litecoin price has seen considerable growth in recent months, rising from $232 million in February to $300 million in July. After establishing 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 cryptocurrency to invest in. While Polygon and Litecoin are worth buying, investing in Pullix before the trading platform launches could be one of the best investment decisions. However, remember to DYOR before investing.

For more information about Pullix, check out the links below:

Visit Pullix

Join the Pullix communities

Disclaimer: This is a paid article and should not be treated as news/advice.

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