Approximately $800 worth of vested digital assets will be released into the markets throughout December of 2023. The largest release will come from the decentralized exchange dYdX, which will unlock 150 million tokens reserved for the investors, founders, and employees, according to data from Lookonchain. Sui (SUI) is a unique Layer-1 blockchain and smart network platform that makes digital asset ownership private, secure, quick, and accessible to everyone.
It has gained significant attention following this announcement. ImmutableX (IMX) is a Layer-2 scaling solution for NFTs that’s built on top of Ethereum, which also sparked a lot of interest from traders. Yet all of the attention is given to Pullix (PLX), as it opens the doors to a $8 million presale. Today, we will uncover the future outlook for each one of these cryptocurrencies to see just how far they can go and determine which one is the best crypto investment.
Sui (SUI) breaks past $0.60 – is $1.10 possible?
Sui (SUI) showcased a breakthrough in blockchain technology and created a platform on which creators and developers were given the opportunity to create user-friendly experiences. With its horizontal scaling, composability, sparse replay, and on-chain storage, the Sui architecture solved key issues found in prior-generation blockchains.
As a result of this, the Sui crypto experienced a high level of success, and its price movements showed that it had formed a bullish pattern known as the falling wedge pattern, with room to grow even further.
During the past month, the SUI crypto climbed in value from $0.58 to $0.65, breaking past the major $0.60 price barrier. The total price upswing was by 28.6%, indicating massive bullish momentum. According to the Sui price prediction, analysts estimate that it can climb as high as $1.10 by the end of 2024.
ImmutableX (IMX) Trading Volume Rises 90% – How Far Can Its Value Spike?
ImmutableX (IMX) recently showcased an upward trajectory as it aims to surpass the $1.60 level and sustain there. AS IMX approaches the primary resistance at $1.50, in order to keep the momentum going, buyers have to continue accumulating the crypto.
The ImmutableX cryptocurrency is ascending toward the upper limit, signaling its intent to break free from the consolidation phase. The ImmutableX trading volume spiked 90% in the last 24 hours, marking a significant level of activity.
In a scenario such as this, the key to success for the ImmutableX price lies in its ability to maintain this upward momentum and overcome the challenges posed by sellers. Its price highlights that it’s approaching the upper boundary of its horizontal trading range on the chart. The current trading volume is at $824,083,472, and according to the ImmutableX price prediction, it can climb as high as $2 by the end of the year.
Pullix (PLX) – a unique platform with passive income opportunities
Pullix (PLX) has emerged as a frontrunner and introduced a community-backed platform that completely integrates online trading cryptocurrencies and establishes full anonymity and security for all of its users.
This is a unique approach that has gained the interest of a lot of traders who are attempting to expand their portfolios. As an online platform, it will allow users to trade all assets from a single location while depositing crypto as collateral.
On top of Pullix, the staking mechanism will enable anyone the opportunity to stake PLX or other cryptocurrencies for passive income. In this case, if you want to stake Bitcoin, you can get it back at a later point in time. This is also the case for Ethereum, Dogecoin, or other supported altcoins. Some of the proceeds that are generated on top of the platform daily are used to buy PLX tokens.
Afterward, 50% is burned, and the rest are used as rewards that are distributed to PLX stakers, enabling anyone to win in the process. The Pullix crypto ICO now offers the token at just $0.04. But this is just the initial presale stage price, and as it advances, more price hikes will come, making it one of the top crypto coins. If the platform gains the adoption it deserves, forecasts expect a price upswing of 100x to occur.
Sui and ImmutableX did see a bullish run during the past month, and while further growth is expected due to their volatility, it is currently uncertain. The recent $800 million token unlock event could result in higher crypto demand, and with Pullix opening the doors for its presale, it is seen as a high-growth altcoin.
With its vast ecosystem, earning opportunities, and token-burn mechanism to enable price sustainability, PLX is one of the top crypto coins to get now. It has been a major point of appeal, especially as it recently opened the doors to its $8 million presale, and as a result, it is seen as the best crypto investment.
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