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As the crypto market enters the altcoin season, traders are already looking for solid projects to expand their investments. While the Mem coin craze is spreading like wildfire with Pepe (PEPE), DogWifHat (WIF) and Dogecoin (DOGE), one wonders if the new project Pullix (PLX) will have a bullish future.
Analysts Claim Gains for Pullix (PLX) Investors
With Pepe, DogWifHat and Dogecoin leading the meme coin comeback, experts are backing Pullix to deliver significant returns to Investors. It is wondered whether the DeFi cryptocurrency, which is listed on many exchanges such as Uniswap, XT.com, BitMart and MEXC, can survive the bull run.
Analysts claim this prediction is backed by Pullix’s status as a new trading platform that provides low gas fees, security, and full control of assets by investors, according to the sponsored content poster. The platform is also listed on CoinMarketCap and CoinGecko, two top crypto aggregator platforms.
Since the Pullix beta trading platform is now live, many traders are scrambling to explore the platform. Pullix is claimed to be able to allow trading of multiple asset classes including Forex, Stocks and Cryptocurrency. But its future is uncertain and there is a risk of investment loss.
Pepe (PEPE) Falls Despite Increased Whale Activity
An However, this significant interest from the whale was not reflected in Pepe’s price, and the token price fell by 14% on the monthly price chart.
Pepe continued its decline last week, falling by 7% and causing fluctuations among token holders.
DogWifHat (WIF) Rising
DogWifHat (WIF) had an explosive start in the Crypto market, quickly reaching an all-time high of $4.85 on March 31, 2024. Since its launch, the DogWifHat token has increased by 1800% in year-to-date price measurements and 122% in the past month, according to data from CoinMarketCap.
However, DogWifHat is showing a bearish trend as the price broke below the $3.5 support zone. Another 8% decline last week increased fears among investors.
Dogecoin (DOGE) Drops 18% on Monthly Chart
The meme coin craze that saw Dogecoin (DOGE) close the $0.2 threshold is waning as bear pressure begins to take over. Dogecoin has a 78% year-to-date gain but has stumbled with a 5% decline on the monthly chart.
Although the price of Dogecoin increased from $0.12 to $0.22 last month, its transaction volume decreased by 17% in the past day. With a market capitalization of $24 billion, Dogecoin has little chance of providing investors with a 100x return in a bull market.
Click to review Pulix token.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
