Can These Four Tokens Rise Like Solana (SOL)? Avalanche (AVAX), Pullix (PLX), Injective (INJ) and Internet Computer (ICP)

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Poster of sponsored content In 2023, Solana led one of the biggest altcoin market rallies, rising over 1000% at the peak of the year to $125. Investors who missed this might consider DeFi tokens Avalanche, the uncertain future Pullix, Injective, and Internet Computer. According to analysts, these tokens are ready to rise like Solana. Pullix is ​​a new project and its future is uncertain, there is risk.

Avalanche (AVAX) Bulls Need to Break Above $40

Avalanche (AVAX) remained stuck between $30.91 and $36.37 last week as the bulls failed to regain the $40 zone. Surprisingly, the Avalanche cryptocurrency recorded only 12 green days in the last 30 days. Still, analysts view Avalanche trading above the 200-day SMA as a bullish sign.

If the bulls manage to push the Avalanche cryptocurrency beyond the $35 resistance level, there are high chances that it will regain the momentum and test the upper resistance level of $40.01 soon. Moreover, if the market holds the Avalanche token at this level, it could rise as high as $54 in the coming months.

Pullix (PLX): A Project Followable in 2024

Sponsored content sender Pullix (PLX), currently trading at $0.08, enjoyed a 100% increase in its presale price last month. His team is betting that Pullix will deliver Solana-like gains in 2024. Reportedly, this could be important for Pullix because it is still in the pre-sale phase and has the possibility of making huge profits once it is listed on CEXs. Pullix’s 2023 price trend is likely to be similar to Solana. It is not certain, it may fail, the investment carries the risk of loss.

Pullix, a hybrid exchange scheduled to launch in the first quarter, aims to reduce transaction costs and make the trading process faster and more user-friendly, according to the content creator. It aims to offer a variety of trading options such as gold, silver, stocks, commodities and foreign exchange (FX). It is not certain.

The platform focuses on the FX market with a daily trading volume of $6.6 trillion, making the exchange more liquid than its competitors. With this supplement, Pullix has the opportunity to grow. This move could encourage more activity on the Pullix network and increase the value of the PLX token.

According to the sponsored content poster, PLX token holders not only gain a profitable investment, but also exclusive trading privileges and access to assets. Pullix’s liquidity contribution is particularly noteworthy because it is claimed it can have a significant impact. Users who add liquidity to the exchange can earn interest rates ranging from 8% to 18%. These rates are determined by an algorithm to ensure everyone is treated fairly. Avoid trading with tokens whose project and team you do not trust.

Injective (INJ) Could Set a New ATH in the Coming Weeks

Injective (INJ) price increased by over 2700% in 2023, reaching a peak of $34.64 on December 15. Injective rose on bullish sentiment regarding AI-based coins.

In 2024, Injective coin reached a new all-time high of $45.19 on January 9. Due to bear sentiment in the market, Injective price fell between $33.72 – $41.67 last week.

Still, Injective is up 1616.3% on the annual price chart. This makes him a viable candidate for Solana-like gains in 2024.

Internet Computer (ICP) Up 20.5% on 30-Day Chart

Internet Computer (ICP) is fluctuating between $8.78 and $16.26 on the monthly chart, up 20.5%. The token is trading above the 50-day SMA ($9.84) and the 200-day SMA ($5.35). Internet Computer recorded 13 green days last month and experienced 13.60% price volatility over the last 30 days.

Internet Computer shows that 22 technical analysis indicators give bullish signals and 5 give bearish signals. This indicates that the chances of winnings are increasing in the coming weeks.

According to analysts Internet Computer price prediction, Internet Computer is expected to increase by 47.04% in the coming weeks to reach $16.22.

Conclusion

DeFi tokens: Avalanche, Pullix, Injective, and Internet Computer expected to see Solana-like gains in 2024, according to sponsored content poster It is not certain, care should be taken.

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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before investing!


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