- Chainlink dips 14% and showcases signs of recovery by Q4, 2024
- Polygon drops in value by 20% in a single month
- Pullix to dominate the charts following its launch and its unique revenue share model as a 100x upswing is projected
Chainlink (LINK) and Polygon (MATIC) are both displaying a bearish level of performance on the charts as they’re monthly data showcases red candlelights, which could result in a decreased level of appeal in these projects.Â
In the meantime, the Pullix (PLX) platform has gained a lot of attention due to its unique revenue share model, zero KYC requirements and token burn system. We will take an individual look at each project’s level of performance to determine how far they can rise. We will go over each one to determine what is the best cryptocurrency to invest in.
Chainlink (LINK) Briefly Moved Above $21 Before Retracing – Can It Recover?
Chainlink (LINK) has been underperforming in light of the broader market recovery period, as its value has decreased by 14% in the past week alone. The Chainlink price initially climbed from $16.54 to $21.60, before retracing back to $18.29 after a bearish turn.Â
Despite this, the Chainlink price is still up 158% on the year-to-date (YTD) chart, and has genuine potential to regain some of the losses experienced. According to the Chainlink price prediction, it can end 2024 at $26.67.
Polygon (MATIC) Experiences 20% Price Dip – Is There a Possibility for a Return?
Polygon (MATIC) is also heading downwards, after a 20% price dip during the past week. However, it’s also down by 12% on the year-to-date (YTD) chart, indicating that the Polygon crypto has not managed to regain the power necessary to climb up.
Yet, the Polygon price moved from $0.92 to $1.24 during the past week, before falling back down under $1. There is still hope for the crypto to grow, as based on the Polygon price prediction, it can end the year at $1.44.
Pullix (PLX) Introduces Unique Revenue Share Model and Dominates Charts
Pullix (PLX) has made significant waves during its cryptocurrency ICO, and has managed to not only retain, but enhance this moment now that it is officially launched. The key catalyst for this growth is its rich feature-set, where the ecosystem includes a revenue share model.
This exchange is the first that enables token holders to profit from the daily revenue of the change and earn a fixed passive income, where users can just provide liquidity to automated market makers (AMMs). This is a game-changer as it lets people trade and earn rewards as-well. As a result, PLX is seen as the best crypto investment.
In addition, it has zero KYC requirements, and has seen a major price increase. Specifically, the crypto is now listed on BitMart, XT.com, Uniswap, CoinMarketCap and CoinGecko. PLX will also go live on the MEXC exchange on March 21, 2024. The crypto had a listing price of $0.168 but has since then increased to $0.6734, and its growth is not over, as analysts project a 100x price upswing by the end of Q1.Â
Moreover, the platform went live on March 21, 2024, and for the first three business days, anyone can register for a demo account to explore the platform’s features and test out trading strategies. After it ends, the team will allow wallet change requests up until March 26, 2024. These aspects position PLX as the best new crypto to invest in.
For more information regarding Pullix see links below:
