As we step into February 2024, let’s explore three altcoins that have caught global attention. These tokens are Litecoin (LTC), Pullix (PLX), and Near Protocol (NEAR). While you may be familiar with LTC and NEAR, PLX is a DeFi project currently in Stage 6 of its presale. With close to 12M PLX token sales, experts have pegged it as the next 100x token in 2024.
Litecoin (LTC): New Mining Difficulty High
Recently, there was some exciting Litecoin news. Most notably, Litecoin announced that its mining difficulty has surged to its highest-ever rate of 31.68M. This development shows that this DeFi project is continuing to grow and mature.
In terms of the Litecoin crypto value movement, it has fluctuated between $70.21 and $71.33 in the past month alone. Its market cap has risen from $5.23B to $5.28B during this time. Moreover, this bullish trend may continue as 19 technical indicators show green for this altcoin.
Because of these factors, market analysts foresee Litecoin trading at the $83.35 level before February 2024 ends.
Pullix (PLX): Over 3,500 Community Members
Meanwhile, Pullix (PLX) has made headlines with its stellar presale performance. In other words, this crypto ICO event has already helped raise nearly $4M while onboarding 11,000 individuals. Additionally, Pullix boasts over 3,500 community members at the moment. All these developments show that demand for Pullix is sky-high.
Essentially, Pullix will revolutionize the online trading space. It will accomplish this by merging the best features of DEX and CEX in one place. This innovative approach solves all issues that currently plague this market. For instance, you will no longer need to worry about creating multiple accounts – Pullix allows the trade of all asset classes (cryptos included) on one.
The PLX native token is the main currency used for making trades. Holding PLX also comes with the added benefit of reduced trading fees. This token stands out due to the “Trade-to-Earn” concept. The concept is simple: Pullix rewards stakers with a percentage of their daily earnings.
ISDA states the OTC derivatives market was worth $618T in 2022. With Pullix strategically positioned to dominate this market, analysts are confident about PLX’s long-term growth potential. Currently, PLX is worth $0.08 in Stage 6 of its presale (a 100% increase from its starting price). Analysts predict a 1,000% surge once PLX hits exchanges in Q1 of 2024.
Near Protocol (NEAR): New Integration With Polygon’s CDK
There was some note-worthy Near Protocol news as well. Recently, Near Protocol announced that its Data Availability layer has been integrated with Polygon’s CDK. Therefore, developers constructing Ethereum ZK rollups will see an 85,000x reduction in cost compared to DA on Ethereum.
Regarding the Near Protocol coin value movement, it has fluctuated between $3.37 and $2.92 in the past week alone. Its market cap has moved between $3.39B and $2.93B in that period.
Nevertheless, its technical analysis shows bullish signs as this altcoin trades above its 50 and 100-day EMAs. Thus, experts foresee a surge to $3.28 by February 2024.
Will Pullix Outshine Litecoin and Near Protocol?
With a market cap of just $16M, Pullix stands out as one of the altcoins to watch. To clarify, it won’t need many new funds to see significant gains – unlike Litecoin and Near Protocol. The low market cap makes this altcoin a “must-have” for anyone looking for quick growth.
For more information regarding Pullix’s presale see the links below: