SPONSORED POST*
Diversification is key in the crypto scene; you don’t want to put all your eggs in one basket. More importantly, promising tokens should be identified as hedge bets, as they have more upside potential than popular cryptocurrencies. To this end, savvy investors are allocating portfolios beyond Bitcoin (BTC) and Ethereum (ETH) to Pullix (PLX), a new ICO.
This post will cover notable developments within the Bitcoin and Ethereum ecosystems. Further, it will discuss the appeal of Pullix, explaining why it is the best cryptocurrency investment. Let’s get right into it.
Bitcoin (BTC): The Pioneering Cryptocurrency
Bitcoin (BTC) requires no introduction at this point. Let’s indulge you, though. It is the first cryptocurrency. It launched in January 2009. Its rise has been explosive, and it is already reshaping our idea of finance with its innovative approach. This includes a focus on transparency, anonymity, and decentralization.
Since its launch, Bitcoin has experienced soaring adoption and appears set to enter the mainstream. The imminent approval of the first spot Bitcoin ETF will give it more exposure. This will usher in traditional investors and institutions, with trillions of dollars set to enter the market. In a recent Bitcoin price prediction, VanEck CEO expects Bitcoin to reach $100,000 in the next 12 months, surpassing its current all-time high. $100,000 in the next 12 months
At the time of writing, the Bitcoin price is above $41,000. Another development that will push up its value is the next halving, which will occur in the second quarter of 2024. With Bitcoin set to skyrocket in the coming months, it is one of the best cryptos to invest in.
Ethereum (ETH): Leading the DeFi Sector
Ethereum (ETH) is the second-most popular cryptocurrency, behind Bitcoin, of course. It is the backbone of DeFi (decentralized finance), serving as a blockchain and smart contract platform. In addition, the Ethereum platform also hosts other cryptocurrencies besides Ether, the native utility token.
Thanks to its critical role in the crypto landscape, Ethereum is among the best coins to invest in. With further upsides predicted in the future, we might see a long green candle before the year comes to an end.
A recent Ethereum price prediction by Crypto Tony, an analyst, emphasized the importance of Ethereum maintaining the $2,130 level. If not, he forecasts a price fall. At the moment, the Ethereum price is at $2,166.
Pullix (PLX): A Haven for Investors
In the ICO space, where investors go in search of promising gems, Pullix has emerged as the most promising. This TradeFi token stands out for its innovative approach to DeFi and, hence, is hailed as the best cryptocurrency investment. This has resulted in investors flooding the ongoing presale.
It sets itself apart by introducing a hybrid infrastructure model in the DeFi space. To solve the most critical challenges in decentralized finance, it will combine the best features of centralized and decentralized trading. This will make it a hybrid DeFi, positioning it for explosive growth.
Further, its vibrant ecosystem, which will contain an exchange, lending protocol, VaultX, yield farming, and features like copy trading and swaps, makes it primed for adoption. While all of these features are fascinating, the ones that captured our attention the most are VaultX and yield farming.
Through yield farming, users can earn $PLX while contributing to liquidity by staking LP tokens. To further bolster earnings, VaultX will play a critical role. It is a decentralized multichain yield optimizer that allows users to earn compound interest on their holdings. Summarily, Pullix’s generous reward system will attract users, which will push the token’s value up.
Heavily discounted, a coin costs just $0.044 in the third round of the presale. There have been forecasts predicting a 50x surge within the first six months of launch, making it the best new crypto to invest in.
Summary
Investors seeking to diversify and hedge against a potential drop in their portfolios’ value are opting for Pullix, overlooking Ethereum and Bitcoin. This is due to its explosive upside potential as an emerging project with massive potential. If you also wish to position yourself for gains, the best chance of that is to participate in this presale.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Join The Pullix Communities
*This article was paid. Cryptonomist did not write the article or test the platform.