Think Dogecoin (DOGE) Still Has Legs? Analysts Identify Chainlink (LINK) And Pullix (PLX) As Better Value

While Dogecoin (DOGE) may have had its time in the crypto spotlight, experts are eyeing other altcoins for their potential value. Chainlink (LINK) is one of them, as its value has increased dramatically since the start of December. Another leading altcoin to watch is Pullix (PLX) – a Stage 2 presale star that analysts have pegged as the next 100x token in 2024. This article will analyze all three of these tokens and discuss them. 

Dogecoin Price Prediction 

Recently, crypto analyst Ali Martinez noticed that TD Sequential showed a sell signal on the Dogecoin (DOGE) weekly chart. According to him, if the Dogecoin price corrects, it may dip to $0.085 or $0.078. However, this bearish scenario is invalidated if DOGE surges past $0.11. 

On December 14, Dogecoin was trading at $0.09 with a market cap of $13B. This is an increase of 1.96% in the past week alone. Looking at the technical analysis for this altcoin, we notice that it is trading above its 100 and 200-day EMAs while also having a Fear & Greed index of 72 – good bullish signs. 

Because of this, experts in the field predict that the Dogecoin value will reach $0.10 before 2023 ends. While this may be a reasonable increase, investors seek to obtain tokens with more room for growth. 

Why Is Chainlink Going Up? 

It was recently announced that Parallel Finance has integrated Chainlink (LINK) CCIP on Avalanche (AVAX) and Ethereum (ETH). This integration will bring gas-efficient NFT lending to these networks. After this Chainlink news, its value increased from $14.72 to $15.29 in just a few hours on December 14. 

The Chainlink price is currently sitting above its 100- and 200-day EMAs. Moreover, this altcoin has experienced 16 positive trading days in the last month. This technical analysis paints a bullish picture of the future of Chainlink. 

Experts forecast that it will reach $19.12 before the end of 2023 in their Chainlink price predictions. Because of this, Chainlink is one of the top 10 altcoins to keep on your radar. 

Pullix (PLX): One of the Best Coins To Invest In

Positioned as a hybrid DeFi trading platform, Pullix (PLX) combines the strengths of both centralized and decentralized exchanges. This DeFi project aims to solve all issues that currently affect online traders from all over the world. For instance, you will no longer need to worry about high fees as Pullix will not have any commissions on trades and implement raw spread trading. 

Additionally, while traditional trading platforms like Binance focus only on cryptocurrencies, Pullix will differentiate by allowing the trade of all assets on one account. Therefore, you can tap into multiple financial markets like the Forex one. This market saw a daily volume of $6.6T per a 2019 Triennial Central Bank Survey. 

Currently, the project is offering its native token PLX for just $0.042 as it is in Stage 2 of its presale. Demand is high as over 8.2M tokens have been sold, and $334,400 has been raised by Pullix so far. The benefits of holding this token are huge, as it will bring you up to a 60% discount on trading fees, access to exclusive assets, and passive income via staking. 

If you become a liquidity provider, you can even stake other cryptos with Pullix for a fixed interest rate. All these unique features give back to the community, precisely what Pullix aims to do. If it gains the adoption it deserves, experts foresee a 100x growth after it hits exchanges. 

Future Prospects

While Dogecoin had its moment, options with stronger use cases and innovative features may be more desirable. Both Chainlink and Pullix possess just that. However, Pullix gains the competitive edge as it boasts a low market cap of $8M. In other words, it will only need $8M to double its price (and returns!). Moreover, since it has real-world connections to a resilient market, its long-term growth potential is outstanding – making PLX the best crypto investment. 

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

Visit Pullix 

Join The Pullix Communities

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