Following a bullish season, Kaspa (KAS) and Stacks (STX) have recently entered the top 40 cryptocurrency rankings. Though, all eyes in the space are currently on Pullix (PLX), the revolutionary new hybrid trading platform.
Investors are curious as to when it will join them. It’s interesting to note that Pullix is starting to show promise as a worthwhile investment and might have a big impact on the cutthroat cryptocurrency market.
Kaspa (KAS) Remains Among Top 40 Cryptos Amid Price Drop
Kaspa (KAS), a decentralized and fully scalable Layer-1 solution, was a popular choice among crypto enthusiasts in Q4 2023. According to CoinMarketCap, the price of Kaspa skyrocketed more than 10,000% from its 2022 low to a peak of $0.154 in November 2023.
On the annual price chart, the altcoin price is still up more than 1,500% even though its gains in January 2024 have decreased. Additionally, because its market capitalization is still greater than $2 billion, it is among the top 40 cryptocurrencies.
On the weekly chart, the token’s current price range is $0.1061, $0.1268. The resistance levels for the Kaspa coin are $0.113307, $0.114492, and $0.116073. Support levels on the downside are $0.110542, $0.108961, and $0.107777, which is the strongest.
Investors Still Optimistic About Stacks (STX)
Like Kaspa, Stacks (STX) is also among the top 40 cryptocurrencies. The price of Stacks had jumped from a 7-day low of $1.53 to a peak of $1.97 this week.
But, the upward price movement did not stick, and the Stacks price dropped to $1.5. While the Stacks price did fall, it is nonetheless up by as much as 33.8% in a month and just under 500% year-over-year.
Stacks still attracts a significant number of crypto enthusiasts because it addresses most of Bitcoin’s main concerns while maintaining its original base objectives. The transaction speed, cost, and functionality of Bitcoin are slow. These have been fixed by the Stacks network.
In addition, the Stacks network hosts Bitcoin-centered decentralized applications (dApps). Therefore, analysts have forecast the altcoin price to grow as Bitcoin increases.
Pullix (PLX) To Join the Top 40 Cryptocurrencies After Launch
Pullix (PLX) has emerged as a potential top 40 contender because of its hybrid exchange that offers an unparalleled user experience by seamlessly fusing the best aspects of decentralized and centralized exchanges. It is also known for offering a wide variety of trading assets, including commodities, equities, FX, and cryptocurrencies.
In this DeFi project, users are able to choose assets from different financial markets from one single account. Pullix has an AI-powered copy trading tool. This technology allows traders to copy the techniques of successful veterans who consistently make gains in trades.
By copying their traders, Pullix users will be able to make more profitable trades and increase their earnings. In the past month, the ERC20 token has been bullish amidst a surge of interest in the DeFi project.
The PLX token has increased by 100%, beating most of the crypto market. As the DeFi project is expected to be released this quarter, more price increases for the ERC20 token is very likely. The PLX token costs $0.08, and experts predict that it will move to $1 in the near future, making the top 40 positions very feasible.
In Conclusion
Given Pullix’s low price and distinctive characteristics, experts think it has what it takes to quickly break into the top 40 cryptocurrencies. Its ability to grow even higher is backed by the fact that it is the native token of an exchange that taps some of the biggest financial markets in the world.
