Altcoin Resurgence Amid Bitcoin (BTC) Fluctuations: MultiversX (EGLD), VeChain (VET), And Pullix (PLX) In The Spotlight

Since Bitcoin went below its weekly resistance price level of $43.72K on Monday, it has been struggling to get back up ever since. The largest and the highest valued cryptocurrency by market capitalization and price has been amid crazy fluctuations this past week and even today, as it went back down after managing to reach 43K again.

Bitcoins is currently priced at a volatile $42K, and investors are a bit weary about this top dawg. Meanwhile, attention is slowly shifting to other altcoins with MultiversX, VeChain, and Pullix in the spotlight.

Can MultiversX, EGLD, Reach $70 by Next Year?

Elrond, which is now known as MultiversX, has had a good week as the crypto is currently on a 17.45% week-long rise. The super unique crypto platform known for its highly accommodating and fast nature is considered as one of the good crypto to buy in 2023. 

Although the MultiversX crypto has dropped below its support zone of the day, the volatility it’s currently facing doesn’t seem bad enough compared to how well it has been doing over the week and in the last 30 days.

Regardless, the fluctuations that currently affect MultiversX crypto is concerning, considering how it has lost up to 44.24% of its trading volume in the last 24 hours.

Nonetheless, it seems like MultiversX might soon leave its current price of $58.94 and approach $70 by 2024. The reason behind this speculation is the MultiversX crypto having an impressive 85% bullish rating according to CoinGecko

VeChain (VET) Price Prediction for the End of the Year

VeChain (VET) has actively engaged in diverse development initiatives, most notably hosting “The HiVe event” drawing attention from the Web3 community. Throughout 2023, VeChain consistently updates its ongoing projects and recently revealed the VET 3.0 protocol in a new whitepaper on March 6, 2023.

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As of now, VeChain coin trades at $0.02941, displaying a 13.71% surge in the last 7 days according to CoinMarketCap. VeChain price prediction, based on expert analysis from Changelly, suggests a minimum of $0.0261, a maximum of $0.0297, and an average of $0.0289 for VeChain coin by the end of the year.

While VeChain price remains significantly down (89.34%) from its all-time high of $0.2782, its current positive trend is notable despite market challenges. The future price is influenced by factors like market sentiment and VeChain project development, hence it might be a good crypto to buy in anticipation of next year’s rally.

Pullix Is Emerging as Both a Problem Solver and an Earning Model

Pullix stands out as a beacon in the crypto market, solving critical issues that plague the crypto sector. Traditional exchanges often burden traders with high fees, eating into profits. Pullix, however, revolutionizes this by charging 0% commissions, making trading cost-effective through.

Right now, the crypto community’s confidence is shaky due to incidents like the FTX crash and Binance settlements. However, Pullix addresses this by being a non-custodial exchange, ensuring trust and allowing users to trade a variety of assets, from Gold to Tesla shares and Forex pairs.

Pullix also strategically operates as a decentralized exchange without KYC requirements. The platform ensures transparency by allowing users to connect wallets, trade freely, and maintain custody of their assets. This feature can establish $PLX as one of the best crypto investment projects next year.

Interestingly, Pullix ecosystem also introduces a decentralized off-chain order book, a lending protocol, a vault for compound interest on holdings, and a decentralized swap with automated market maker (AMM) functionality. The AMM model ensures low fees, and yield farming enables users to earn $PLX while contributing to liquidity.

As Pullix plans its launch in January 2024, it emerges as a transformative force in the crypto market, offering some of the best crypto investment opportunities. The presale is currently in its stage 2 and is selling fast, with each token going for $0.042.

For more information regarding Pullix’s presale see links below: 

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• Source: https://thecryptobasic.com/2023/12/21/altcoin-resurgence-amid-bitcoin-btc-fluctuations-multiversx-egld-vechain-vet-and-pullix-plx-in-the-spotlight/?utm_source=rss&utm_medium=rss&utm_campaign=altcoin-resurgence-amid-bitcoin-btc-fluctuations-multiversx-egld-vechain-vet-and-pullix-plx-in-the-spotlight