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Recently, the altcoin spotlight has been on Render Token (RNDR), Pullix (PLX), and Sei (SEI). While you may be familiar with RNDR and SEI, PLX is a new ICO currently in Stage 6 of its presale that could evolve into the next 100x token in 2024. It has managed to sell over 70 Million tokens and raise $3.7Million – let’s find out why.
Render Token Price Keeps Rising
The Render Token (RNDR) is designed to push forward the next generation of rendering and AI technology. According to CoinMarketCap data, the Render Token price has fluctuated between $3.80 and $4.35 in the past week. Its market cap has risen from $1.41B to $1.42B.
From a technical perspective, this bullish trend could continue for this altcoin. Notably, its Fear & Greed index rating shows a 64 (Greed) – a good bullish sign for Render Token. Due to all these reasons, analysts have made a bullish Render Token price prediction. They forecast a surge to $5.37 within Q2 of 2024.
Pullix (PLX): One of the Best New ICOs
Pullix (PLX) is currently on a very bullish run and is building quite a bit of excitement within its community. With over 3,500 holders already, Pullix has proven that it has the appeal to succeed.
The project has achieved these substantial numbers in more ways than one. Additionally, 11,000 users have signed up for the crypto ICO event. This shows the confidence traders have in this innovative DeFi project.
Pullix aims to redefine online trading by combining the best CEX and DEX features into one place. Therefore, traders can expect deep liquidity, access to all asset classes (including cryptos) and high leverage at 1000:1 on Pullix. The PLX native token will power this hybrid exchange, serving as the main currency for trades.
What has intrigued investors is Pullix’s revenue-sharing model. To clarify, Pullix will provide a portion of its daily revenue to PLX token stakers. Thus, investors rush to buy this altcoin, which costs $0.08. Since it has real-world ties to the Forex market (the biggest market per Baby Pips), experts foresee a 100x pump once it hits exchanges in Q1 of 2024.
Exciting Sei News As Silo Finally Launches
Meanwhile, Silo just announced that it will launch on Sei, which will improve its liquid staking. It’ll change how liquid staking works by turning your staked SEI into liquid. Not only that, but it will also enhance the security of the Sei network.
Regarding the value of the Sei crypto, it bounced between $ 0.71 and $0.79 in just seven days. Its market cap has gone from $1.6B to $1.9B in that same time. All of this came with a Fear & Greed index rating of 64. With all these factors, industry experts predict a price jump to $0.9456 for Sei sometime during Q2 of 2024.
What Makes Pullix Stand Out From Render Token and Sei?
A market cap of only $16M separates Pullix from Render Token and Sei. This may sound like a lot, but it is small compared to the billions its peers boast. As a result, PLX will need drastically fewer new funds to experience a price increase. This makes Pullix one of the top altcoins to watch.
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*This article was paid for. Cryptonomist did not write the article or test the platform.