Crypto whales are consistently on the lookout for new altcoins that can provide them with high ROI opportunities, and the movements they make can affect the broader crypto market. Recently, they have turned their focus towards three cryptocurrencies, including Avalanche (AVAX), Serum (SRM), and Pullix (PLX). To see why this has been the case, we will go over the price performance of each crypto and see how far they can rise, and we will uncover the best cryptocurrency to invest in.
Avalanche (AVAX) Breaks Above $44 – Price to Reach $70.75 in 2024
Avalanche (AVAX) recently saw a price upswing, which led to massive attention from whales, fueled by positive sentiment and bullish predictions from analysts.
According to the on-chart data, the Avalanche crypto has climbed from $34.62 to $44.95 and could continue climbing toward new heights in the coming months if the market conditions are favorable.
Based on data from DeFiLlama, the Avalanche ecosystem reached $899 million in Total Value Locked (TVL). Experts are now bullish, as X (Twitter) user Skew (52kskew) recently noted crucial technical levels for bulls to hold. The analyst stated that clearing $43 with momentum could open the door for AVAX to reach $50 to $70. According to the Avalanche price prediction, it can reach $70.75 by the end of 2024.
Serum (SRM) Spikes 17% – Price to Move Above $0.1 in 2024
Serum (SRM) is moving in a bullish direction despite an initial sell-off which resulted in a rejection from its 100-DMA line. The crypto has since witnessed a spike in volume. Now, the asset is trying to sustain the price increase, as Serum increased by 17% in the past 30 days.
A shorter time frame indicates that SRM has reached a support zone at $0.053. During the past week, Serum moved up in value from a low point of $0.056 to $0.075. According to the Serum price prediction, it can reach $0.1178 in 2024, making it appealing to whales.
Pullix (PLX) to Introduce Revenue Share Model for Token Holders
Pullix (PLX) is getting whale attention with its cryptocurrency ICO. This upcoming community-backed exchange will implement blockchain technology and ensure high security standards. As a result, each transaction that occurs on top of the platform will be fully encrypted and immutable. Users can trade different derivatives, including cryptocurrencies, without needing any KYC procedure. Crypto can be used as collateral as well to enable this.
By holding the native PLX cryptocurrency, anyone can access fixed passive income that is generated from the daily revenues gained on top of the platform. This works as Pullix will introduce a revenue share system where any token holder can profit.
Anyone who provides liquidity to the automated market makers can also get additional passive income. Traders can even access OTC derivatives and enhance their opportunities. Multi-currency staking also works, as users can also use Ethereum, Bitcoin, Dogecoin, or other cryptocurrencies.
The platform features automation with AI-driven trading tools which will help anyone to enhance their trading strategies while providing them with higher profit potential opportunities. All of these aspects make PLX the best cryptocurrency to invest in.
Summary
Aside from Avalanche and Serum, another cryptocurrency that is being accumulated by whales is Pullix. The project is undergoing its cryptocurrency ICO, which is at Stage 3. Here, PLX is offered at $0.044. At launch, analysts project a price upswing of 100x, fueled by its overall appeal, ecosystem size, and passive income opportunities.
For more information regarding Pullix’s presale see links below:
