Diversifying your portfolio is essential for risk management and maximizing returns. It helps spread investments, reducing the impact of volatility the crypto market is prone to. As we look ahead to 2024, knowledgeable investors are focusing on three assets: Polygon, AVAX, and the unique Pullix Hybrid exchange token (PLX). Read on to find out why these tokens are set to explode in 2024, especially Pullix, which is in its second presale phase.
Polygon
Several coins, including Polygon, showed significant gains during the recent market price surge. Polygon went from a low of $0.72 to $0.93 within a month. As of December 14th, Polygon is trading at $0.89 as it’s experiencing a small price correction, potentially making it the right time to buy.
Moving into 2024, Polygon is one of the top choices for diversifying your portfolio because of the upcoming changes to its ecosystem. Various protocols that make up the ecosystem of Polygon will become increasingly interconnected through the use of zero-knowledge proofs. This will make the overall network more efficient for users.
AVAX
AVAX has hit the mainstream with recent significant partnerships, notably with JP Morgan. This makes AVAX one of the top choices for diversifying your portfolio, as the more collaborations AVAX achieves, the more it boosts investor confidence. In fact, this is shown in the on-chain data as trading transactions have soared from $10M to $200M daily in the past two months upon these announcements.
Expert analysts predict that if the same trends continue and the market turns bullish, we can see it surpass its ATH of $146.22 in 2021. However, due to the meteoric rise in recent months, experts also say a potential correction of 30% may come for AVAX. Therefore, you may want to wait for how the market reacts to AVAX in the short term before adding it to your portfolio.
Pullix
Pullix is a community-back hybrid exchange, bridging the gap between centralized and decentralized exchanges. This platform provides the security of a DEX by not requiring deposits and allowing users to trade through their trusted cryptocurrency wallet. Also, there is no KYC, allowing traders to keep their identities private. Unlike DEXs, Pullix offers the liquidity of a centralized exchange.
However, the issue with DEXs is that they don’t offer traditional assets to invest in, whereas Pullix sets itself apart by providing commodities, stocks, and derivatives, along with crypto. Like with a traditional CEX, you’ll be able to margin trade and stake your coins to earn passive income. The platform has a native token PLX that you can also stake with high APR rates while the project remains in its early days. Moreover, holders of PLX will receive a portion of the platform’s profits daily.
The unique Trade-to-Earn concept will be implemented in Pullix, letting users earn cryptocurrency by completing trading challenges. So far, Pullix has already raised $144K and has only entered its second presale phase. As the presale progresses, PLX will only become more valuable, so early adopters will be heavily rewarded. So check out their website and see what this new project has to offer.
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