Two cryptocurrencies continue to amaze analysts with their growth potential – Solana (SOL) and Dogwifhat (WIF). They are expected to reach new highs in April. However, traders focus more on DeFi tokens like Pullix (PLX). Market analysts hint that this new coin may rule the DeFi market and soar to $0.5 in 2024.
Captain Faibik With a Bullish Solana Price Prediction
Recently, Solana (SOL) has been experiencing a major uptrend. Over the last 30 days, the Solana price increased from $132 to $175. During that period, its market cap also surged from $57B to $78B. According to crypto analyst Captain Faibik, the Solana crypto will reach a new all-time high in April.
The technical analysis for Solana also backs this prediction. For example, SOL is now trading above its 50—and 100-day EMAs. In addition, 21 technical indicators are in the green for Solana. Due to all these reasons, experts in the crypto field predict that Solana will trade at $241 within Q2 of 2024.
Dogwifhat Price Analysis: On an Upward Trajectory
Meanwhile, Dogwifhat (WIF) is now riding a bullish wave. According to CoinMarketCap data, the Dogwifhat price surged from $2.13 to $3.32 in the past month alone. Its market cap jumped from $2.13B to $3.31B in that time. Crypto analyst Asad remains bullish on this crypto. In his tweet, he states that the Dogwifhat coin will reach $4 soon.
From a technical analysis perspective, this bullish trend for Dogwifhat may continue. Notably, seven technical indicators are now in the green for this crypto. As a result, market analysts have made a bullish Dogwifhat price prediction. They foresee its value reaching $4.22 before the end of Q2 2024.
Pullix (PLX): A Member of the Best New DeFi Projects
Buyers are also starting to set their sights on DeFi tokens like Pullix (PLX). With the recent launch of this platform’s beta version, global traders are now rushing to this hybrid trading platform. Notably, Pullix combines the best features of CEX and DEX into one place. Thus, traders can experience access to all asset classes (cryptos, gold, Forex etc.) and privacy.
The crypto introduces Trade-to-Earn and revenue-sharing elements, which allow users to stake their PLX balance so that they can earn part of the daily revenue generated—something not many DeFi coins offer. Another feature that pumps up its price is the token burn system. This system will help reduce supply over time and increase this DeFi coin’s value.
Currently, one PLX token is worth only $0.092. However, with the recent listings on Uniswap, CoinGecko, BitMart, CoinMarketCap and MEXC, its exposure is set to expand. Further growth will follow if we combine this with its connections to the $40 OTC derivatives market.
Due to these developments, market analysts predict a rise to $0.5 for PLX within Q2 2024.
Will Pullix Rise Faster Than Solana and Dogwifhat?
Pullix is in an advantageous position because of its small market cap. In other words, PLX needs fewer new funds to pump than other cryptocurrencies like Solana and Dogwifhat. As a result, PLX may be the best DeFi crypto to buy this April.
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