In just one week, the value of Dogecoin has increased by 24%. At the same time, Avalanche crypto has broken into the top ten cryptocurrencies by market capitalization. Meanwhile, Pullix, a newly launched alt coin, has begun its presale for only $0.042. This is an opportunity for investors to get in early, as analysts predict a 1,800% price increase.
Dogecoin (DOGE) Rises 24%, More Gains Coming?
Dogecoin (DOGE), the flagship memecoin, the price hit another 2023 high as it crossed the $0.1 level on December 10th, 2023. The recent 20% weekly increase in the Dogeoin price reflects growing investor optimism.
Data from IntoTheBlock shows that Dogecoin retail traders are buying more tokens on major exchanges like Binance and Kraken. There are buy orders for 745 million DOGE at an average price of $0.102, while sellers have listed 684 million DOGE for sale.
This showed an excess demand of 61 million DOGE across key exchanges, indicating that the Dogecoin price could continue. Notably, analysts have forecasted a rise to $0.15 in the coming weeks and $0.2 by 2024.
Avalanche (AVAX) Now Among Top 10 Largest Coins
Avalanche (AVAX) has shown consistent upward movement, surpassing cryptocurrencies like Tron, Polkadot, and Chainlink. This has positioned Avalanche crypto among the top ten crypto tokens by market capitalization.
According to CoinMarketCap, the Avalanche market cap is $13.3 billion, trading between $21.43 billion and $37.46 billion. On the weekly and monthly chart, the price of AVAX has climbed by 65.5% and 154.9%, respectively.
The introduction of Ordinals has resulted in an increase in activity on the Avalanche network. This has resulted in increased transaction volume. As a result, the Avalanche coin price may skyrocket to $30 in the following weeks.
Pullix (PLX) Presale Gains Momentum
Pullix (PLX) is pioneering as the first exchange driven by its community. The main aim of Pullix is to democratize trading by accepting cryptocurrencies for deposits. This method eliminates the need for detailed KYC documentation and streamlines the process. One key feature of Pullix is its approach to liquidity.
The platform motivates its users to contribute to the liquidity pool. This leads to enhanced liquidity and more competitive pricing than other platforms. As a result, it could draw a broader range of users and boost demand for its DeFi token, PLX. Additionally, Pullix has introduced an AI-powered Copy Trading feature.
Users are encouraged to contribute to the liquidity pool. As a result, liquidity is increased and pricing is more competitive than on other exchanges. As a result, it may attract a wider range of users and increase demand for its DeFi token, PLX. Pullix has also added an AI-powered Copy Trading tool.
Holders can stake their PLX, gaining rewards and bonuses in return. The rewards escalate with the amount of tokens staked. Pullix stands out as a top ICO for investors. It has promised seamless trading experiences and access to a diversified asset portfolio.
Conclusion
Dogecoin and Avalanche may experience significant gains in the future. However, it is still worthwhile to explore Pullix, an alt coin. Analysts predict a 1,800% price increase for PLX. Furthermore, the platform provides a variety of features that will entice more users.
For more information regarding Pullix’s presale see links below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: null ts