Kaspa (KAS) saw a major upswing of over 2,000% in the past year, and reached the 37th spot on the crypto top 100 list. This upswing in value has captured a significant level of attention from investors and traders. But it’s not alone, as traders are also eyeing other projects, such as Pullix (PLX), poised to grow 100x at launch. WIth its blockchain ICO, it reached a significant milestone. Today, we will go over both to see just how far each altcoin can climb.
Kaspa (KAS) Grows Over 2,000% – Can It Push the Next Market Rally?
Kaspa (KAS) broke above the 20-day and 50-day EMA, and is surging further in value. The bullish momentum for the Kaspa crypto is evident on the charts as-well. During the past week, the price moved from $0.099 to $0.118.
The break above $0.1 indicates that bulls are now in control of the Kaspa price, and this could lead to even further growth. The approximate YTD growth for KAs was by 2,204.5%, and at this rate, it could reach new heights. According to the Kaspa price prediction, it can surge to $0.1835 by the end of 2024.
Pullix (PLX) to Grow 100x at Launch Fueled by Its Vast Ecosystem
Pullix (PLX) is an upcoming platform that will combine some of the best elements found at CEXs and DEXs The platform can resolve key issues, such as transparency and liquidity, that have long hindered mainstream adoption.
The platform will also feature a secure ecosystem where anyone can gain access with ease. By incentivizing users to provide liquidity, it can offer far more competitive prices. Every trade that occurs on top of the Pullix platform will get executed by the off-chain order book. This can result in much higher speed.
- Pullix will also support CFDs and perpetual futures whilst also featuring a dedicated vault. Revenue share is also a part of its offering. This means that users can provide liquidity to the automated market makers, and as a result, get fixed passive income.
- The platform will also feature deep liquidity. This will be achieved, as it will partner with institutional liquidity providers.
- Alongside the ability for users to stake cryptocurrencies, this can resolve the long-standing issue most DEXs have faced.
- Holders of the native PLX crypto can also make suggestions on the new assets that will be added, as it will be used for governance.
- There are also zero commissions with tight spreads. Users can store their own private keys, and have custody of their own assets.
Tired: Getting 0.01% interest from your bank ?
Wired: Earning 5% staking rewards on some random coin ?
Inspired: Making BIG gains on every trade with Pullix's revenue share model ?
The future of trading puts POWER back in your hands. Own the platform, own the profits!$PLX pic.twitter.com/18t0YvoDkt
— Pullix (@Pullixmarkets) January 8, 2024
Traders can even open an account with just an email address, without the need to undergo a KYC procedure. The PLX crypto reached Stage 6 of the presale and trades at $0.08. At launch, analysts project a price upswing of 100x, making it a good crypto to buy.
Summary
Kaspa is bullish on the chart and could reach new heights. Yet, significant attention is given to Pullis as-well. With its vast ecosystem and various passive income opportunities, it is seen as a good crypto to buy. These aspects make it one of the most exciting projects in DeFi for 2024.
For more information regarding Pullix’s presale see links below:
