A top crypto market expert who goes by the nickname CryptoBusy has forecasted a bullish price of $3 for Polygon. In addition, other top analysts have forecasted top crypto coins like Pullix and VeChain to soar.
Pullix (PLX) Merges CEX and DEX
Pullix (PLX) stands out as one of the best DeFi projects and is set to launch a hybrid exchange that integrates the best qualities of both CEXes and DEXes. This innovative platform aims to offer traders the combined advantages of both worlds at no additional cost.
The upcoming Pullix exchange is designed to broaden traders’ access to a diverse range of trading assets. They forex, commodities, stocks, OTC derivatives, and indices. By tapping into these high-volume markets, Pullix intends to boost its trading activities. This in turn, will increase the demand and value of the PLX token.
One major feature that users will benefit from on the Pullix platform is fast transactions. This is because trades are conducted off-chain. Here are some notable features provided by Pullix:
1. Yield Farming
Traders can partake in yield farming, enhancing their profits by contributing to Pullix’s liquidity pool through staking LP Tokens. Each transaction on Pullix Swap incurs a minimal fee of 0.25%, which is then converted into PLX tokens and distributed among LP token holders, adding to their investment.
2. DeFi Swap
The DeFi Swap feature allows for fast token exchanges. Here, Pullix employs a liquidity pool mechanism rather than direct peer-to-peer trading, thereby bypassing the need to match traders and making the swap process easier.
Meanwhile, Pullix is at the last stage of its presale and is worth $0.14 after a 40% price increase in the past week. Pullix has scored a potential listing on Uniswap and BitMart, making it one of the best DeFi projects in the market.
Its upcoming launch in the next few weeks also adds more allure to the project, as market experts have forecasted a 100x surge after its launch.
VeChain (VET) Price Prediction
VeChain (VET) is on the verge of a bullish price movement in the coming weeks. This bullish sentiment is due to the numerous partnerships and initiatives VeChain plans to seal in the coming months.
Data from CoinMarketCap shows that VeChain coin is fluctuating at the $0.03121 – $0.05135 price range. Its price has increased 36.3% in the past week and 51.0% in the past month.
In addition, the price of VeChain has increased 32.5% in the past year. Meanwhile, VeChain has recorded (63%) green days in the last 30 days, showing that the altcoin price has been bullish for more than half of the month.
Currently, the general VeChain coin price prediction sentiment is bullish. 27 technical indicators are bullish, while only 4 are bearish. As a result, analysts forecast a potential rise to $1 in the coming months.
Analyst CryptoBusy Bullish on Polygon (MATIC)
In a recent tweet, a top analyst, CryptoBusy, forecasted that Polygon (MATIC) will increase to $3 due to Adam and Eve’s bullish pattern. Currently, Polygon is trading at the $0.8472 – $1.01 price region after seeing a 13.1% price increase in the last week.
Also, the price of Polygon coin has jumped 22.7% in the past month. Still, analysts are bullish on Polygon and expect to see more gains in the coming trading sessions. A look at the token’s technical indicators shows that sentiment is bullish.
At the moment, Polygon’s RSI value is at 70.31, which indicates that Polygon is in an overbought position. The RSI indicator signals that the price of Polygon will still rise. Analysts have forecasted the altcoin price to potentially reach $1.5 in the short term and $3 in the long term.
Conclusion
While analysts are bullish on VeChain and Polygon, all attention has been turned to Pullix, which is set to launch in less than 70 days. Analysts have tagged Pullix as one token that could rise to join the top crypto coins in the market.
For more information regarding Pullix’s presale see links below:
