As Dogecoin (DOGE) and Tron (TRX) gain traction, the community wonders whether they can reach the $1 value in the next bull run. Today, we’ll explore the likelihood of this bullish rise occurring amidst current market dynamics. Additionally, we’ll mention another token that may beat both of these titans in the race to $1.
Dogecoin (DOGE): Facing Hurdles Toward the $1 Mark
There is a lot of hype for Dogecoin (DOGE) and its potential, especially from AngeloBTC. He predicted DOGE may reach $1. But, the prospect of DOGE reaching the $1 mark appears challenging. With the current Dogecoin price at $0.078, achieving a $1 valuation would mean a 1,182% surge – an ambitious leap.
This notable increase would require Dogecoin’s market cap to skyrocket to $141.9B, a big jump from its current valuation of $11B. And Dogecoin has not come close to a $1 value since 2021 – reaching $0.65 as its all-time high.
Due to all these factors, this bullish Dogecoin price prediction may not come to life anytime soon.
Tron (TRX): In the Same Situation
The possibility of Tron (TRX) reaching the $1 milestone also presents significant challenges within the crypto landscape. The current Tron price of $0.10 would need to surge by 900% to hit the $1 mark. This remarkable increase, while theoretically possible, also demands a monumental leap in market cap.
It would require Tron’s valuation to soar to an impressive $88,577,533,164 – an astronomical surge from its present valuation of $9,305,442,701. This growth in market cap within a short span remains difficult for Tron. It has not been able to reach its peak of $0.22 since 2018.
This fact shows the difficulty of achieving the $1 valuation soon. Therefore, this Tron price prediction may not be plausible.
Pullix (PLX): A Promising Contender
The uphill challenge of Dogecoin and Tron achieving these high prices and market caps is that they need many new funds. Because of this, many traders are looking at new cryptos with lower market caps. One such standout contender in this landscape is Pullix ($PLX).
This platform will stand out as a revolutionary exchange, allowing the trade of all assets (including cryptocurrencies) without KYC requirements. Furthermore, through the platform’s unique structure, $PLX token holders will gain access to revenue generated on each transaction. This will give profits back to the community – a win-win for all parties involved.
When compared to Dogecoin and Tron, $PLX has many advantages. Most importantly, it is now in its presale run – with one token worth just $0.04 and a market cap of $8M. This means it will experience growth much faster than these crypto giants.
Secondly, it will have real-world ties to the forex market which Baby Pips claims is the biggest financial market in the world. This brings great long-term growth potential. Because of this, experts forecast a 1,000% rise for $PLX before its presale ends and another 200% pump after its launch. Ultimately, Pullix holds greater promise than banking on a Dogecoin or Tron surge.
Site: https://pullix.io/
Twitter: https://x.com/pullixmarkets
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
