The Stacks price has seen a major upswing of 663.7%, indicating a massive bull run for the overall altcoin market. There is a lot of optimism surrounding the blockchain industry after Bitcoin ETFs were approved by the SEC. Many projects are now looking good, and one such DeFi project is Pullix (PLX) with its crypto ICO. It’s poised to grow as high as 100x following its launch. To see just how true these projections are, we will review both altcoins and their on-chart data and determine which is the best crypto investment.
Stacks (STX) Rises Above $2 After 663.7% Upswing; Is $3 Next?
The Stacks (STX) crypto has been affected in a positive way after Bitcoin ETFs were approved by the SEC. It’s used as a Bitcoin layer for smart contracts. Anyone can enable smart contracts and decentralized applications on top of the network through the Stacks crypto.
The Stacks price is now well above the 50-day EMA and could soon embark on an even further uptrend. It has experienced a series of higher highs and higher lows, leading to the appearance of an ascending parallel channel on its chart.
As long as the price remains within the confines of the upward channel, it can continue to rise. The upper boundary for the crypto was at $2.04, and by breaking above this price level, it can initiate the next bull run. With an upswing of 663.7% YTD, the future looks bullish. Based on the Stacks price prediction, it can rise as high as $3.37 by the end of 2024.
Pullix (PLX) to Revolutionize TradFi and Solve Key Issues
Pullix (PLX) is an upcoming trading platform that can change how users access TradFi by solving the biggest issues in the industry. With the platform, users will be able to access a lot of features and even contribute to the ecosystem.
They can stake the crypto, which will solve liquidity issues. This works as Pullix Swap will have a 0.25% fee. This will occur on every exchange that occurs on top of the platform. The amount gained will be added to the Pullix Pool in the form of PL tokens. Through this, the platform can sell them, and PLX will be adequately distributed to the PullixLP holders.
Alongside this, users will not need to undergo mandatory KYC requirements. The platform will resolve the onboarding issues and will be open to anyone. There will also not be any central point of failure. Users can retain full control over the private keys.
It’s official – Pullix is now listed on CoinGecko!
— Pullix (@Pullixmarkets) January 7, 2024
Link: https://t.co/L7cW3c1SJW
Make sure to head on over and add Pullix to your watchlists!
Like + Repost + Share a screenshot of $PLX on your watchlist below for a chance to win $100 in $PLX tokens!!
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Alongside this, they can access a revenue share model. It means that any user can get fixed passive income by providing liquidity to its automated market makers. The project is going strong with its crypto ICO as it reaches Stage 6, and each PLX token is offered at just $0.08. With the launch of the platform analysts project, the token can reach $1 in value.
Summary
Stacks has seen a major rise in value, and as it pushes towards the $3 price range, the entire altcoins market is surging. Pullix has also appealed to whales due to its high growth potential and overall ecosystem offering. As a result, it’s seen as one of the best crypto investment opportunities for 2024.
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