Avalanche’s $10B rally has sparked conversations among traders as to which cryptocurrencies are next. The hidden gem Pullix has just entered its second presale phase, and many predict it will 100x once it hits top exchanges. Meanwhile, Polkadot is experiencing a 20% growth and is only gaining momentum. Let’s see what’s behind these cryptos and why they are expected to grow significantly in the near future.
Avalanche Secures Major Partnerships
Avalanche went parabolic in December, rising from $22.48 to $42.17. This huge uptick in value is thanks to securing mainstream partnerships with JP Morgan and Citi. This gives Avalanche more credibility in the financial sector and gives investors more confidence in the cryptocurrency.
Furthermore, Avalanche has been growing its GameFi sector as it’s the prime choice for developers, mainly for its low fees and high throughput. Another reason for Avalanche’s astronomical growth is its increase in user base. According to the data, Avalanche’s active wallet addresses have increased by 300%, which means the coin is getting utilized more.
Polkadot Testing New Resistance Level Since February 2023
The current price of Polkadot is at a crucial point as it’s testing the resistance range of $6.85 to $7.64 for the first time since being rejected in February 2023. We can observe a huge increase in Polkadot’s trading volume from the start of December, jumping from $115M to $749M. The significant increase in trading volume indicates potential for a breakout and a rise into double-digit figures for Polkadot.
However, if Polkadot fails to maintain the price within the resistance range, we might see Polkadot enter $5 territory again. Traders are closely monitoring these Polkadot price levels as they could potentially signal shifts in the market.
Pullix Is Expected to Grow 580% Experts Say
Pullix is speculated to rise 580% once its presale ends, but why are experts making such a bullish prediction? To start, this platform plans to have this first-of-its-kind Trade-to-Earn feature, allowing users to earn extra tokens by completing various tasks and challenges. The rewards are allocated instantly to the trader’s account without a waiting period.
Moreover, Pullix combines the best features of both centralized and decentralized exchanges. This project aims to provide the liquidity of CEXs but with the enhanced security of DEXs. You won’t need to commit and deposit your funds directly onto the platform, as trades can be executed from your trusted crypto wallet. Also, there is no KYC required.
Also, the Pullix team has emphasized the user experience, which shows with the seamless navigation and use of the platform. Trading is a great experience, staking is straightforward, and accessing various markets has never been easier. However, if you’re not an experienced trader, Pullix has you covered with the copy trade feature. This lets you use advanced AI algorithms that have been thoroughly tested to trade for you.
For more information regarding Pullix’s presale see links below: