Ethereum (ETH) season has begun, and the cryptocurrency has seen a 90% price increase year-to-date (YTD), which has resulted in the crypto hovering above the $3,400 price range. Alongside it however, Pullix (PLX) has made significant waves on the charts, and with its innovative, hybrid approach is set to outshine even ETH, as it provides passive income opportunities. To see why this is the case we will go over both of these altcoins individually and determine which is the best.
Ethereum (ETH) Grows 90% YTD – Can It Move Above $4,000?
Ethereum (ETH) has showcased a high level of dominance on the charts as its green across all of its metrics. Moreover, during the past year, the Ethereum price saw an upswing of 90%, which has resulted in bullish market sentiment.
Looking at the current on-chart metrics, the RSI and MACD data for the Ethereum crypto is bullish, and at this rate, it can reach new heights. Just during the past week, ETH spiked in value from a low point of $3,232.56 to a maximum value of $3,558.97. As a result, sentiment is bullish on its future and according to the Ethereum price prediction, it can end Q4 of 2024 at $4,977.
Pullix (PLX) Introduces Passive Income Opportunities – Price Set to 100x
Pullix (PLX) has showcased exceptional growth as the platform has established a partnership with institutional liquidity providers and can provide far better prices on tradable assets. Moreover, it also enables anyone to become a crypto staker, where they can stake the PLX crypto in the automated market makers (AMMs) in order to get a portion of the daily revenues generated on top of the platform. This enables them to get passive income opportunities.
The Pullix Beta Trading platform also launched, enabling anyone to make real-world deposits, and the PLX crypto is available on BitMart, XT.com, Uniswap, MEXC, and its data is now also available on platforms that track the price data such as CoinMarketCap and CoinGecko. On top of this platform, anyone can get access to crypto trading, forex pairs, CFD trading, tight spreads, welcome rewards and even a referral program. They can get leverage up to 1:1000, and over 500 tradable assets.
Sentiment on the future of this altcoin is also massive, as the PLX crypto has experienced a price rally, where during the past week it moved up from $0.08256 to $0.1697, marking a 36% price increase. According to analyst projections, PLX can experience a major 100x price rally by the end of Q4, making it one of the best altcoins to buy during 2024.
Summary
Ethereum has showcased dominant on-chart performance, and as meme season comes to a close, many are diversifying their crypto portfolio. One of the hottest cryptos to grab their attention is Pullix, as not only does it feature a vast ecosystem and massive utility, but it provides anyone with passive income. These aspects position PLX as one of the best altcoins to invest in.
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