Ethereum

Stacks

DeFi

Foundation

<p>The post <a href="https://coinpedia.org/press-release/eth-will-likely-5x-in-bull-run-but-you-should-be-looking-at-these-cryptos/" rel="noopener noreferrer nofollow">Ethereum (ETH) Will Likely 5x In The Bull Run; But You Should Be Looking At These 100x Cryptos</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The cryptocurrency market is poised for an explosive bull run, with Ethereum (ETH) leading the charge. However, savvy investors are also eyeing potential <strong>40x </strong>cryptos like Pullix (PLX) and Stacks (STX) for exponential gains. Let’s explore the prospects of these digital assets.</p>
<h2 class="wp-block-heading" id="h-ethereum-eth-the-foundation-for-future-finance">Ethereum (ETH): The Foundation for Future Finance</h2>
<p><a href="http://ethereum.org" target="_blank" rel="noopener noreferrer nofollow">Ethereum’s</a> journey continues with significant developments that promise to enhance its scalability, reduce transaction costs, and solidify its position as the foundation for decentralized applications. The introduction of blob-carrying transactions could dramatically lower gas fees by altering the way roll-up sequencers post transaction data, making Ethereum more attractive for a wide range of applications, including web3 games and complex trading protocols​.</p>
<p>Additionally, the anticipation of a spot Ether ETF adds to the bullish sentiment surrounding Ethereum, with institutional interest peaking despite regulatory uncertainties​​. Ethereum’s staking achievements, with 24% of its supply now staked, underscore the community’s commitment and confidence in its long-term value, further enhancing its potential for a significant price appreciation​​. As Ethereum currently stands at <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer nofollow">$2306</a>, this would put it over the $10,000 mark. <a href="https://www.tradingview.com/symbols/ETHUSD/technicals/" target="_blank" rel="noopener noreferrer nofollow">Technical analysis</a> is optimistic as well.</p>
<h2 class="wp-block-heading" id="h-stacks-stx-bringing-smart-contracts-to-bitcoin">Stacks (STX): Bringing Smart Contracts to Bitcoin</h2>
<p><a href="https://www.stacks.co/explore/get-stx" target="_blank" rel="noopener noreferrer nofollow">Stacks</a> aims to bring smart contracts and decentralized applications to Bitcoin. By enabling developers to create innovative dApps and smart contracts on the Bitcoin network, Stacks bridges the gap between Bitcoin’s robustness and the dynamic capabilities of smart contract platforms. So far, BTC hasn’t had a part in the tokenized industry, but Stacks is going to take a bite in that market.&nbsp;</p>
<p>Bitcoin is the most popular cryptocurrency and the most legal one since it’s easier to go through the legal framework for any project with BTC instead of others, it’s a big thing to bring smart contracts to it as Stacks does. The major reason Bitcoin is losing its dominance is the lack of smart contracts and slower and more expensive transactions. Stacks solves one of these 2 issues and it’s going to be a huge player on the BTC market. Its market cap is currently only $2 billion, and with only a <a href="https://coinmarketcap.com/currencies/stacks/" target="_blank" rel="noopener noreferrer nofollow">1.92% increase</a> in the last 7 days, it seems like it’s in the accumulation phase. If we look at the weekly chart, the moving averages are showing a <a href="https://www.tradingview.com/symbols/STXUSD/technicals/" target="_blank" rel="noopener noreferrer nofollow">strong buy</a> and the oscillators are showing – buy.</p>
<h2 class="wp-block-heading" id="h-pullix-plx-the-defi-game-changer">Pullix (PLX): The DeFi Game Changer</h2>
<p>Pullix is capturing the imagination of the DeFi community with its innovative hybrid exchange platform, aiming to bridge the gap between the user-friendliness of centralized exchanges (CEXs) and the security and autonomy of decentralized exchanges (DEXs). By addressing critical issues like liquidity in the DeFi space, Pullix offers a seamless trading experience coupled with advanced AI-powered tools for enhanced trading strategies. The platform’s “Trade-to-Earn” model, rewards users for their trading activity, alongside its commitment to security and privacy.&nbsp; <a href="https://pullix.io/" target="_blank" rel="noopener noreferrer nofollow">Check out the presale here.</a></p>
<p>While Ethereum is set for a significant upswing in the upcoming bull run, potentially 5x’ing its current value, emerging stars like Pullix and Stacks present opportunities for even greater returns. Investors looking for the next big thing in crypto should consider the immense potential of Pullix (PLX) and Stacks (STX) alongside their Ethereum (ETH) holdings. It’s also worth noting that although Stacks offers a huge upside it’s still already a top 50 coin and it might be much easier for Pullix to gain <strong>40x </strong>as analysts predict it should happen at the launch date.</p>
<p><strong>For more information regarding Pullix’s presale see links below:</strong></p>
<p><a href="https://pullix.io/" target="_blank" rel="noopener noreferrer nofollow">Visit Pullix&nbsp;</a></p>
<p><a href="https://twitter.com/pullixmarkets" target="_blank" rel="noopener noreferrer nofollow">Join The Pullix Communities</a></p>

Ethereum (ETH) Will Likely 5x In The Bull Run; But You Should Be Looking At These 100x Cryptos

Table of Contents

CoinPedia News

Other articles published on Feb 7, 2024

Binance Plans Stake Sale in Korean Crypto Exchange GOPAX

Harga SOL Rebound Pasca Pulih dari Pemadaman Jaringan, Tanda Siap Lepas Landas dan Bullish?

Next Cryptocurrency to Explode Wednesday, February 7 – BNB, Cosmos, Dymension

Crypto Analyst Shares His Weekly Watchlist Including JUP, SOL, OP and These Altcoins

dYdX Chain launches liquid staking; AI crypto presale achieves key milestone

Bitcoin Price Faces Extreme Compression: Here’s What May Be Expected from the BTC Price Rally?

Join our free newsletter for daily crypto updates!