Ethereum (ETH) has seen a significant level of attention as of recently following projections by JP Morgan analysts alongside the hype surrounding the EIP-4844 upgrade, making it one of the most plausible cryptocurrencies to get integrated on X (Twitter).
However, alongside it some are speculating that Dogecoin (DOGE) is a potential contender, especially as it has been historically praised by Elon Musk. Yet, Investors are turning their heads towards the presale of Pullix (PLX). We will also see which is the top crypto to invest in based on the on-chart metrics.
Dogecoin (DOGE) breaks above $0.10 and can climb to $0.1764
Dogecoin (DOGE) has historically been praised by Elon Musk in numerous interviews due to the low transaction fees, which would make it a prime candidate for a potential X implementation.
Dogecoin is known for its low transaction fees and, as of recently, has been performing well. During the past week, the Dogecoin crypto moved up in value from $0.090 to $0.10. The total price increase was by 27% in the last 30 days, and according to the Dogecoin price prediction, it can reach $0.1764 in 2024.
Ethereum (ETH) to reach above $3,000 in 2024
According to JP Morgan analysts, Ethereum (ETH) will likely outperform other cryptocurrencies following the EIP-4844 upgrade. This upgrade will lower the Ethereum transaction cost for users and drive the adoption of the ETH crypto further, which is why it is seen as a prime candidate for X implementation.
However, when we look at the on-chart data, the Ethereum crypto saw a price upswing to $2,384.93, but it has since dipped to $2,278.47. However, it does have growth potential as, according to the Ethereum price prediction, it can rise above $3,352.05 in 2024.
Pullix (PLX) To Combine DEX and CEX
Pullix (PLX) is now picking up a lot of attention as an alternative exchange that will solve key issues found in the DEX and CEX space. The platform will be community-driven and aims to solve liquidity issues.
Alongside this, it will feature CFDs, futures, and the opportunity for anyone to trade without undergoing KYC procedures. Users can margin trade across all assets and even gain up to 1000:1 in leverage.
PLX will be used as collateral for trading and in the revenue-sharing model implemented by the exchange. Users can get fixed passive income just by providing liquidity on top of the exchange, to the automated market makers. All of these aspects have appealed to traders who have begun to diversify their holdings with the crypto.
Summary
Aside from Dogecoin and Ethereum, another crypto that picked up significant attention is Pullix. During its crypto ICO, the PLX token has reached Stage 2 and now trades at $0.042. With this massive momentum in mind and the overall appeal of the project, analysts are projecting that it can see a rise to 100x, making it the best crypto to invest in.
For more information regarding Pullix’s presale see links below:
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