Pullix: The Top Crypto Pick for Summer Investors
- WBOYOriginal
- 2024-08-08 15:00:21476browse
As summer nears, investors are on the lookout for hot cryptos to buy. With the 2024 bull run imminent, now is the best time to make that financial decision.
With summer approaching, investors are searching for the hottest cryptos to buy. Several coins have shown great promise and could offer massive returns in the coming weeks. Aptos, Pullix, and Optimism are among the top cryptos on investors' watch lists.
Pullix is a new crypto project that has quickly gained traction in the market. Despite entering the market just a few months ago, it has shown better prospects than established cryptos. The team has already hit over $8M with more than 20,000 members joining the Pullix ecosystem.
The PLX price, which started at $0.01, had surged to $0.1, offering a massive 900% return for investors who joined at the beginning. For context, Pullix is a trade-to-earn platform that aims to blend DeFi and CeFi exchanges into a unified platform. The platform is non-custodial, giving users full control over their assets. At the same time, KYC is not involved.
The ecosystem is set to launch in the coming weeks, and analysts expect the token to reach new heights. Meanwhile, the Pullix platform is designed to offer top-notch security, faster transaction processing, and high liquidity.
Pullix is a project to watch out for in August. Visit Pullix or Join The Pullix Community to learn more.
Another crypto that has shown great promise is Aptos (APT). Aptos is a layer-1 blockchain that uses an innovative smart contract algorithm called ‘move’ to solve real-world problems. The Aptos crypto is one of the top coins on the investors list this summer due to its growth potential.
For safety purposes, investors should get an Aptos wallet where they will store APT tokens on the blockchain. As per CoinMarketCap data, the Aptos price dipped 47% in the past year, which has shown the resilience of this coin despite market volatility. Also, the Aptos market cap has surged 10%, moving from around $3B in June to $3.3B in July.
Meanwhile, the Aptos token is currently trading below the 50-day SMA with price volatility of 8.22%. Even at that, Cryptosahintas, a popular Bitcoin enthusiast, believes that the Aptos price will hit $50 soon. That means the dip is the best time to accumulate.
Optimism (OP) is a popular layer 2 network designed to promote simplicity and enhance user experience on the Ethereum blockchain. It boasts of the Optimism coin, which has gained popularity among crypto enthusiasts. After breaking out of the correction phase, Optimism crypto has continued its bullish run.
Based on data from CoinMarketCap, the optimism price gained 20% in the past year but dipped by 5% in the past week. Also, Optimism trading volume is currently up from less than $200M it reached in late June to over $230M. Analysts believe that the rising market activity will push the Optimism price above the major $3 resistance trendline.
Although the Optimism market sentiment is bearish, the token has had 16 green days in the past 30 days. As such, popular analyst Alex Clay’s long-term Optimism price target is $11.6. This could be the best time to invest in the crypto.
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