For investors with low liquidity looking for low-risk investments with high turnover, some crypto tokens could be perfect to achieve the milestone. Top Cryptos like Ripple (XRP), Cardano (ADA), and Pullix (PLX) are hitting hard despite the bearish sentiments. They could be set for a massive surge in the forthcoming altcoin season. As the tokens are projected to hit $5 in the bull run, buyers can enter with a small amount. They can profit significantly from the bull market.
Analysts Predict Pullix (PLX) to Surge to $5
Alongside Ripple and Cardano, Pullix is another under $1 crypto that is projected to reach $5 by end of Q2. After finishing up a successful presale, Pullix has listed across a host of tier 1 exchanges, posting incredible bullish momentum. Its first jump into the exchange was at Uniswap with the floor price trading at $0.168. Since then, Pullix has been listed on many exchanges, including BitMart, XT.com and soon on MEXC.
Also, Pullix has been listed on CoinMarketCap with the DeFi token jumping to $0.7 within hours of listing. The token was hit by the bear market, but it has slipped by 2% in the past 30 days. Not only can users earn through buying/selling, but they can also earn through the profit share model.
In this model, users earn a fixed daily percentage from the platform revenue. Those who purchase the Pullix at presale can stake their assets and earn generous rewards thereafter. By staking 100% of their assets for 180 days, users can earn a 45% APY. Presale holders will only need to pay a gas fee to use the staking option.
Staking not only serves as a passive income but also showcases the holder’s commitment to supporting the growth of Pullix. As the altcoin season commences, new investors have the opportunity to purchase PLX at less than $1. They could earn significant profit in a few months.
Ripple (XRP) Skyrockets, Edging Closer to $1
The recent surge in the crypto market has spurred an action in XRP with the token recording bullish surges. Ripple price has witnessed a 16% increase in the past 30 days with the price trading above the $0.6 threshold. On the weekly price chart, Ripple continued building momentum after surging by 5%.
Although Ripple slipped in the market cap despite reaching $30B, it continues to trade above the 50-day EMA. With the Ripple token still below $1, now could be the best time for investors to accumulate. When the bull run comes, analysts project the XRP price to reach $5.
Can Cardano (ADA) Truly Reach $5?
Despite some criticism of its performance relative to its market cap, the Cardano token has maintained its bullish trajectory. It is aiming to reach $1 in Q1 of 2024. The token has only a slight lead of 5% in the past month. However, it has a market cap that exceeds $24B, according to data from CoinMarketCap. Some analysts criticize this disparity and believe Cardano may not spark as expected.
However, the token’s growing potential is noted in its key metrics. Cardano processed a day-to-day trading volume of nearly $600M which further shows the confidence of investors on the token. As such, some analysts believe that Cardano’s price could rise as high as $5 in the bull run.
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