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Pullix (PLX) and Kaspa (KAS) emerge as the top-performing coins that could potentially outperform Solana

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2024-08-08 21:16:221181browse

Despite limited market buzz, Kaspa has grown in the last 18 months, gaining over 45% on a YTD scale. It uses a Directed Acyclic Graph (DAG)

Pullix (PLX) and Kaspa (KAS) emerge as the top-performing coins that could potentially outperform Solana

Kaspa (KAS) and Pullix (PLX) are emerging as the top-performing altcoins, outpacing even Solana (SOL) in the last 18 months. While Kaspa is known for its Directed Acyclic Graph (DAG) technology, Pullix combines the strengths of both CeFi and DeFi. Here's a closer look at their performance and potential.

Kaspa (KAS) Price Prediction: A 10x to 50x Surge in The Next Bull Cycle

YouTuber Zach Rector, who boasts over 78,000 subscribers on his channel, recently analyzed Kaspa's (KAS) price movements using Fibonacci Extensions, Bollinger Bands, and market sentiments. His analysis suggests that the altcoin could potentially experience a 10x to 50x price increase.

If this prediction holds true, Kaspa's price could surge to around $40 to $60, positioning it among the top cryptocurrencies. To outpace Solana, which is also experiencing bullish momentum, Kaspa's price would need to increase by 30x.

However, Kaspa's technical indicators seem to be aligning with the predicted price increase. Notably, the altcoin's MCAP has surged by over 360%, rising from 779.89 million in August 2023 to 4.39B in July 2024, helping Kaspa zoom past the established Solana.

Solana (SOL) Price Prediction: Bullish Momentum Amid Franklin Templeton Endorsement

In the current market optimism, the price of Solana (SOL) has continued to showcase its resilience, sparking speculation about an upcoming Solana ETF. Recently, asset management giant Franklin Templeton has endorsed Solana as the next crypto offering product, hinting at possibilities of joining other asset managers in filing for a spot Solana ETF.

Solana's technical analysis suggests that its price is gearing up to breach the upper critical resistance level around the $185 mark. Remarkably, its YDT price metrics have recorded an impressive 630% increase, cementing Solana's position among the best cryptocurrencies.

Despite Kaspa and Solana's strong market performance, crypto enthusiasts are also keeping a close eye on Pullix, a promising hybrid trading exchange that is set to launch its official live trading platform after completing a successful presale.

Pullix (PLX) Poised to Make Waves in The Crypto Market with Revenue Share Model

As a hybrid trading exchange, Pullix (PLX) combines the strengths of both CeFi and DeFi. It aims to address common issues in exchange trading, such as stringent KYC processes, illiquidity, and slow transactions.

Pullix integrates online OTC trading features and retains the essence of a CeFi exchange, offering high-level liquidity and fast transactions. At the same time, it empowers users with ultimate control over their funds, a characteristic synonymous with DeFi.

One of the key aspects that sets Pullix apart from most hyped traditional exchanges is its revenue share model. This model allows Pullix to distribute part of its revenue back to its user base.

Moreover, PLX holders will also benefit from significant features, including governance rights and promotional rewards. Having completed a successful presale in which the PLX token achieved $8M in funding, backed by over 20,000 users, Pullix has already been listed on major crypto tracking platforms such as CoinMarketCap and CoinGecko.

The token also gained visibility with listings on several centralized and decentralized exchanges, including BitMart and Unisop V3. To top it off, crypto experts have foreseen a significant Pullix price prediction that might see the coins hit the $10 mark in 2024, positioning Pullix as the best crypto investment option.

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