While the ETF approval of Bitcoin (BTC) made waves across the crypto industry, the hype is gradually dropping. To hedge against Bitcoin’s dropping momentum, here are two altcoins to keep tabs on, according to analysts. These altcoins include Pullix (PLX) and Chainlink (LINK).
Find out what makes these tokens one of the best crypto investment alternatives in Q1.
Bitcoin (BTC) Momentum Ride on ETF Approval Burns Out
Bitcoin (BTC) underwent a significant bullish sentiment following the news of ETF approval from the United States Securities and Exchange Commission (SEC). During the thick of the hype, Bitcoin reached the $48k price mark.
However, Bitcoin price is seeing a gradual decline as the news of the token’s ETF dries out. As such, the Bitcoin price chart shows that BTC has lost over 10% in the past week alone. There’s also a decline in the Bitcoin trading volume. A development that will suggest investors are moving over to altcoins with growth potential.
Chainlink (LINK) On Course for Bull as it Partners with Circle, Thales
Chainlink (LINK) is generating a bullish sentiment among investors in the market following a crucial partnership with Thales and Circle’s Cross-Chain Transfer Protocol (CCTP). The new partnership will see Chainlink integrate its Cross-Chain Interoperability Protocol (CCIP) with Circle’s CCTP. What this means is that developers can now send and receive USDC transfers from across different blockchains. These transfers include payments and other DeFi activities, according to a statement from Chainlink’s co-founder, Sergey Nazarov.
The Chainlink token will be one of the biggest beneficiaries of the partnership as market activity for the token has been projected to rally soon. Meanwhile, the Chainlink price value is above the $15 mark in the past week and may see a significant uptrend in the coming weeks.
Pullix (PLX) Estimates Early Presale Sell-Out Amid Investors’ Influx
Pullix (PLX) is on a turbocharged presale sellout following the high number of investors buying the token. Pullix which is at its stage 6 of presale, has now gone ahead of schedule as stats show the token is remaining less than 40% of the presale, according to a tweet from Pullix’s official account.
At the price of only $0.08, now may be the best chance to get into the Pullix project at affordable rates. With the price expected to increase soon, investors are doing all they can to buy the remaining presale offer. Buying now will position investors for potential gains in the future. This places Pullix as one of the top crypto investment alternatives in Q1 of 2024.
The Pullix project is a hybrid, top crypto trading platform that bridges the gap between DeFi and CeFi trading. As such, with Pullix, members can trade several liquidities and cryptos like ETH, Dogecoin Bitcoin, PLX, and more.
Community members will benefit from the zero commissions on the Pullix platform. Also, Pullix has set up a trade-to-earn model that generates passive income for holders of PLX.
Overall, the Pullix ecosystem consists of important branches such as a fully decentralized exchange platform, trade-to-earn feature and Yield farming which enables members to earn $PLX tokens on the platform. Other unique features of Pullix include copy trading, which integrates AI to help you trade.
Regarding security, the InterFi network has audited the smart contract and the BlockAudit team has verified the KYC, adding to the credibility of the project.
For more information regarding Pullix’s presale see links below:
