In the cryptocurrency market, finding the next big asset is like searching for a needle in a haystack. As many traders have seen with the Bonk (BONK) and Dogwifhat (WIF) meme coins, some tokens can take you on moonshot rides. Now we have Pullix (PLX), another promising contender. Certain analysts have it pegged as the next 50x crypto in 2024.
Bonk (BONK): Up Nearly 3,500% on the YTD Chart
Bonk (BONK) is a meme coin that has made a name for itself in this sector. According to CoinMarketCap data, the Bonk price increased from $0.00000058 to $0.000021 in the past 12 months – nearly a 3,500% rise. This meme coin’s market cap grew from $16M to $1.42B during that period.
The technical analysis for the Bonk crypto is also bullish. For example, Bonk is now trading above its 21-day EMA. In addition, there are now 14 technical indicators showing buy signals for this meme coin. Due to all these reasons, experts in the crypto field have made a bullish Bonk price prediction. They foresee its value reaching $0.000033 before Q2 of 2024 ends.
Dogwifhat Price Analysis: Bullish Future Ahead
Meanwhile, Dogwifhat (WIF) has been on an uptrend recently. Over the last 30 days, the Dogwifhat price increased from $2.14 to $3.38. In that time, its market cap surged from $2.02B to $3.37B.
Additionally, the technical analysis for this meme coin suggests this bullish trend will continue. Notably, nine technical indicators are in the green for the Dogwifhat coin. As a result, market analysts forecast a rise to $4.37 within Q2 of 2024 in their Dogwifhat price predictions.
Pullix (PLX): To Enter the $40T OTC Derivatives Market
While Bonk and Dogwifhat continue making waves, Pullix (PLX) aims to dominate the $40T OTC derivatives market and redefine online trading. To accomplish this, Pullix will launch a hybrid exchange combining the best of DEX and CEX. The recently launched beta release of its platform has already excited millions of traders globally.
Pullix offers access to all asset classes including cryptocurrencies, metals, OTC derivatives, Forex etc. In addition, Pullix offers users advanced trading tools and eliminates sign-up KYC checks, ensuring complete anonymity.
The PLX native token is at the center of Pullix’s ecosystem. It allows traders to enjoy reduced fees, exclusive asset access, and other additional benefits. Furthermore, daily revenue is shared with PLX stakers to further incentivize participation. In addition to these features, a burn mechanism will also benefit long-term PLX holders.
Despite only being valued at $0.096 per token right now, Pullix has gained much attention. It has been listed on top exchanges such as XT.com, Uniswap, BitMart and MEXC. Analysts predict PLX’s value will surge by 50x no later than Q3 2024 due to its association with the OTC derivatives market and rising hype.
Will Pullix Outpace Bonk and Dogwifhat?
With its small market cap, Pullix could quickly leave meme coins like Bonk and Dogwifhat in the dust. In other words, PLX now needs only a fraction of new funds to send its price soaring at breakneck speeds. This advantage makes PLX one of the best tokens to monitor if you are looking for fast returns.
