Traders and investors are consistently on the lookout for cryptocurrencies that can enable them to reach immense wealth and reach their objectives. But the Web3 space features thousands of different altcoins which have historically been volatile, resulting in massive gains, but also massive decreases as-well.
Conducting proper market research, and following the latest trends is essential in order for them to make well-educated diversification decisions and get rich out of their portfolio. Based on our analysis, two altcoins have stood out the most, and analysts are now betting on Toncoin (TON) and Pullix (PLX) to reach the most significant gains in 2024 and beyond. Today, we will dive into the on-chart data for both of these altcoins in order to determine why these are the best altcoins to invest in.
Toncoin (TON) Climbs 138.2% in the Past Month Alone – Can It Move Above $10?
Toncoin (TON) has been displaying bullishness on the charts and could soon reach new heights, leading to exponential returns for those who jump into the cryptocurrency now. Specifically, according to the Toncoin price chart, the crypto surged 133.1% year-to-date (YTD). In addition, the crypto has seen a 138.2% increase during the past month.
As for the weekly Toncoin crypto price performance, it’s up 21.2%. During this time, it spiked from a low point of $4.05 to a maximum value of $5.60. Its RSI and MACD data are bullish, and now, the crypto needs to break above the $7 price barrier in order to make significant gains in 2024. According to analysts however, the Toncoin price prediction places it at a value of $10.21 by the end of Q4 of the year. These aspects make it one of the top altcoins to watch.
Pullix (PLX) to Spike 100x and Provide Massive ROI As It Sees Major Appeal
Pullix (PLX) has already begun to make waves in the market following the introduction of its innovative advancements across the broader Web3 space. The platform specializes in fusing together elements of the best elements seen in DEXs and CEXs, and creates an all-in-one experience, where anyone can trade any derivative including cryptocurrencies with ease.
Moreover, alongside this hybrid approach, at its core it also features a dedicated Trade-to-Earn revenue share model at its core. Pullix will provide those who stake PLX to the automated market makers (AMMs) with passive income opportunities through competitive APY.
This has historically been unheard of in the industry, but alongside it, it will also feature a token burn system, where its supply will decrease over time. The scarcity and potentially value of PLX will increase as a result of this. Now, PLX is also listed on MEXC, BitMart, XT.com, Uniswap, CoinMarketCap and CoinGecko. As a result of all of these aspects, analysts are projecting a major 100x price increase for the crypto by the end of 2024.
Summary
While there are many altcoins to consider across the broader space, the most significant gains can be made with Toncoin and Pullix. While TON did historically spike in value significantly, Pullix is on the road of dominating the Web3 space and as a result, is poised to see significant growth across the industry as it becomes a major player, and as a result is one of the best altcoins to invest in.
