Ethereum (ETH) experienced a notable price upswing which brought its value over the $3,800 threshold, and this could result in far higher gains during the upcoming trading sessions as-well.
Binance (BNB) is also moving upwards on the charts, and based on its recent price momentum, it increased by 40% during a single week. While these charts are impressive, Pullix (PLX) has seen the most substantial gains, as the crypto is up 320%. We will go over each altcoin to determine how far they can climb.
Ethereum (ETH) Surges Above $3,800 – How Far Can It Rise?
Ethereum (ETH) is moving upwards in value at a rapid basis and could soon experience an even more substantial price increase. The Ethereum prices that have been recorded on the charts are impressive. Specifically, the crypto is up from $3,056.82 to $3,832.28 during the past week, and the Ethereum value could see even more substantial gains soon, as its YTD increase was by 123.2%.
The total increase was by 32.3% during the past week, and 55.6% during the past month, making it one of the most bullish altcoins so far. Based on the Ethereum price prediction, it can reach $5,382 by the end of 2024.
Binance Coin (BNB) Grows 44.3% YTD – Is Further Growth Possible?
Binance Coin (BNB) is also experiencing substantial gains on the chart and could soon reach even higher gains . Specifically, the Binance coin price saw an upswing from $391.91 to $423.08 during the past week, indicating a total climb of 40%.
Moreover, the Binance price also saw an upswing of 44.3% YTD, and its RSI and MACD are bullish. As a result, according to the Binance price prediction, it can end 2024 at $632.09.
Pullix (PLX) to Dominate the Exchange Space and Reach New Heights
Pullix (PLX) is getting traction especially after the completion of its presale and launch, and is becoming one of the best altcoins to buy in 2024. This is due to the unique approach of the platform, as it combines the best elements of CEXs and DEXs, and will create a unified platform where anyone can trade any derivative, including cryptocurrencies. Moreover, it will feature a revenue share model.
Here, users can provide liquidity to the automated market makers (AMMs) and can then get APR up to 18%. Moreover, there will even be a token burn system where the supply will decrease over time. The presale ended where the token went up in value by 320%.
A total of $9.5 million was raised and 120 million PLX tokens were sold. The crypto got listed on Uniswap where it rose 200% and on March 7, will get listed on BitMart. As a result, analysts are now projecting a price upswing of 100x. Liquidity will be locked for 2 years, increasing trust and transparency.
Summary
Both Ethereum and Binance Coin are experiencing substantial gains on the charts, yet all of the attention has gone towards Pullix. Not only has the crypto provided massive ROI for early investors, it is positioned to become a major player in the industry following its launch. These aspects make it one of the best altcoins to buy in 2024.
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