Ethereum

Maker

2024

Polkadot

<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>
<p class="is-style-lead">Crypto analyst Michaël Van De Poppe is bullish on Polkadot (DOT). Meanwhile, Pullix (PLX) and Maker (MKR) are some of the emerging altcoins that are gaining traction. Some analysts predict that PLX, which is now in stage 7 of 8 of its presale, will rally in 2024.&nbsp;</p>
<h2 class="wp-block-heading" id="polkadot-to-17">Polkadot to $17?</h2>
<p>Michaël Van De Poppe believes DOT is bullish as prices retest crucial support at around $5.50.&nbsp;</p>
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   <p lang="en" dir="ltr">The correction has provided many opportunities across the board, as my theory is that <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Altcoins</a> are going to outperform Bitcoin in the upcoming period.<br><br>One of them is <a href="https://twitter.com/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOT</a>, which is retesting a crucial level at $5.50-6.00 and held. <br><br>Polkadot 2.0 might trigger a rally to $17. <a href="https://t.co/dSW5Yf99tI" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/dSW5Yf99tI</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1750135107523100694?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">January 24, 2024</a>
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<p>The analyst banks on Polkadot 2.0 to trigger a move up to $17 in the days ahead.</p>
<p>Over the past week, the&nbsp;<a target="_blank" href="https://coinmarketcap.com/currencies/polkadot-new/" rel="noopener noreferrer nofollow">Polkadot price</a>&nbsp;has fluctuated between $7.17 and $6.43. Its market cap also fell from $9.10 to $8.18 billion during this period.&nbsp;</p>
<p>As it trades over its 50- and 100-day EMAs, experts predict this altcoin may surge to $7 in Q1 2024.</p>
<h2 class="wp-block-heading" id="pullix-is-looking-to-disrupt-defi">Pullix is looking to disrupt defi</h2>
<p>According to a report by ISDA, the OTC derivatives market was valued at $618 trillion by the end of 2022.&nbsp;</p>
<p><a target="_blank" href="https://pullix.io/" rel="noopener noreferrer nofollow">Pullix</a>&nbsp;is looking to enter this market by creating a unique hybrid trading platform that enables trading of all asset classes (including OTC derivatives, gold, and cryptocurrencies) using a single account.</p>
<p>It will merge features of centralized and decentralized exchanges, allowing for asset custody-free trading with 0% commissions on trades.&nbsp;</p>
<p>You might also like: <a href="https://crypto.news/sec-accuse-hyperfund-founders-of-1-7m-fraud/" rel="noopener noreferrer nofollow"> SEC accuse HyperFund founders of $1.7m fraud </a></p>
<p>The Pullix team will also introduce other ecosystem components, such as:</p>
<ul>
 <li>Swap for token trading at minimal cost.</li>
 <li>Copy trading for users to replicate trades from veteran traders and capitalize on their choices.</li>
</ul>
<p>In stage 7 of the ongoing presale, over 80 million PLX have been sold. Accordingly, the project has raised over $4.5 million.&nbsp;</p>
<p>Presently, PLX is available for $0.10.</p>
<p>The “trade-to-earn” revenue-sharing model sets PLX apart.&nbsp;</p>
<p>PLX stakers will receive a percentage of Pullix’s daily revenue.&nbsp;</p>
<h2 class="wp-block-heading" id="maker-price-breaks-above-2-000">Maker price breaks above $2,000</h2>
<p>Maker prices recently broke above $2,000.&nbsp;</p>
<p>CoinMarketCap data shows prices rose from $668 to $2,121 in the past year.&nbsp;</p>
<p>Its market capitalization grew from $653 million to $1.95 billion during that period.&nbsp;</p>
<p>The technical analysis shows that 25 technical indicators are in the green.&nbsp;</p>
<p>Experts predict Maker will reach $2,818 by Q2 2024.</p>
<h2 class="wp-block-heading" id="will-pullix-outpace-polkadot-and-maker">Will Pullix outpace Polkadot and Maker?</h2>
<p>With its market cap currently only at $20 million, Pullix is relatively illiquid and, thus, volatile. Some analysts say PLX may outperform DOT and MKR in the months ahead.&nbsp;</p>
<p>Read more: <a href="https://crypto.news/as-crypto-whales-buy-more-ethereum-and-shiba-inu-interest-in-pullix-surges/" rel="noopener noreferrer nofollow"> As crypto whales buy more Ethereum and Shiba Inu, interest in Pullix surges </a></p>
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Analyst bullish on Polkadot; Pullix and Maker leading altcoin season

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