Investors Rotate From Solana (SOL) And TRON (TRX) Into Passive Incoming Powerhouse Pullix (PLX)
Solana (SOL) has experienced a 10% upswing during the past week despite the major YTD rise of 310%, indicating a slowed-down rate of growth. TRON (TRX) has entered the green zone, but it’s up just 3% in the past month, providing just minuscule returns for investors. As a consequence, many investors are rotating from SOL [...]
Solana (SOL) has experienced a 10% upswing during the past week despite the major YTD rise of 310%, indicating a slowed-down rate of growth. TRON (TRX) has entered the green zone, but it’s up just 3% in the past month, providing just minuscule returns for investors. As a consequence, many investors are rotating from SOL and the TRX cryptocurrency into the passive income powerhouse Pullix (PLX).
Solana (SOL) Jumps Just 10% – Is Further Growth Possible?
Solana (SOL) has recently seen a downtrend. Despite initially climbing 10% during the week, and rising 310% in the past year, its momentum has completely halted. The Solana price has been corrected, and the crypto has moved from $86 to $106 during the previous week, where it found support at the $95 level following the correction.
The Solana crypto now needs to make a breakthrough above the $100 range in order to reach new heights. It can do so, assuming the altcoin moves above the key averages. According to the Solana price prediction, it can end 2024 at a value of $170.35. As a result, many have begun to rotate from the SOL crypto.
TRON (TRX) Moves by Just 3% on the 30-Day Chart – How Far Can It Spike?
It is undeniable that TRON (TRX) also experienced movement on the charts, as its value increased by 82% during the past year. The cryptocurrency moved from a low point of $0.111 to $0.115 during the past week, however, indicating that it only saw a slight 2% upswing.
In the entire past month, the TRON price moved up by just 3%. This lack of upward momentum for the TRON crypto has resulted in a decreased level of interest. According to the on-chart data, the cryptocurrency does have the potential to recover. According to the TRON price prediction, it can end 2024 at $0.1933.
Pullix (PLX) to Enable Passive Income Opportunities With Liquidity Provision
Pullix (PLX) is an upcoming DeFi project that will introduce the best elements of centralized and decentralized exchanges into a single, unified hybrid platform where anyone will be able to access perpetual futures, contract for differences (CFDs), or any other assets, including cryptocurrencies all from a single account.
In addition to this, it will have a dedicated lending protocol and an NFT Launchpad. Powered by the PLX crypto, an ERC-20 token, anyone will be able to conduct transactions with ease and provide liquidity to the automated market makers (AMMs) for passive income opportunities.
According to the on-chart data, during Stage 7 of the presale, PLX trades at just $0.10. It has sold over 80 million tokens so far and is close to raising $5 million. At this rate, analysts are projecting a price upswing of 20x, once the DeFi project launches and the token is listed on Tier-1 exchanges.
Summary
The key on-chart indicators showcase that Solana is in a state of stagnation and that the TRON crypto can rise further, assuming it breaks past a major price barrier. In the meantime, the Pullix cryptocurrency has seen a significant uptrend and could soon reach new heights. These aspects make it one of the most exciting investment opportunities for 2024.
For more information regarding Pullix’s presale see links below:
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