Coinbase takes on SEC over Crypto regulations; Altcoin craze unleashed with Polkadot, Decentraland, and Pullix leading the charge

Coinbase CEO Paul Grewal recently announced he is challenging the SEC’s oversight on crypto regulations as he filed legal action. Meanwhile, altcoins such as Polkadot (DOT), Decentraland (MANA), and Pullix (PLX) are experiencing an unprecedented surge. While DOT and MANA are well-established players, PLX is a new ICO many experts have tipped as the next 100x token in 2024. Let’s see what makes this Stage 2 presale so appealing. 

How high will Polkadot go? 

StellaSwap – a Polkadot DEX, recently announced a new milestone as it is the only DEX to have surpassed $1.3B in volume. The Polkadot price movement jumped from $6.90 to $7.10 in just a few hours on December 16. 

This bullish trend may continue as Polkadot’s technical analysis also paints a positive picture. For example, Polkadot recorded 18/30 (60%) green days with 13.34% price volatility over the last 30 days. Moreover, its Fear & Greed index rating is 67 (Greed) – good bullish signs. 

Because of these reasons, experts have made a bullish Polkadot price prediction as they foresee a rise to $7.75 before December 2023. This makes Polkadot one of the altcoins to watch. 

Decentraland price prediction

After announcing the new partnership with Squid and Axelar Network, Decentraland (MANA) has been on a tear. This collaboration brings a better Decentraland Marketplace, allowing for multi-chain purchasing. The Decentraland price increased from $0.47 on December 7 to $0.48 on December 16. 

The technical analysis indicates a positive trend for the Decentraland coin with its Fear & Greed index currently standing at 67 (Greed). Over the last 30 days, Decentraland has witnessed 16 out of 30 (53%) green trading days, with a recorded 8.15% price volatility. 

Experts are eyeing this promising performance, projecting a potential value surge to $0.53 by the end of 2023. This bullish prediction for Decentraland positions it as one of the better altcoins to buy. 

Pullix (PLX): Climbing up the Altcoin list 

Pullix (PLX), a revenue-sharing DeFi platform, has gained traction as a unique hybrid trading exchange. Unlike traditional trading platforms such as Coinbase, Pullix will stand out by allowing the trade of all asset classes in one place. All will be at the trader’s fingertips- forex, gold, stocks, cryptocurrencies, and more. 

Thanks to this approach, Pullix will open up many financial markets to countless individuals. For example, you will tap into the Forex market, which a 2019 Triennial Central Bank Survey revealed that it had a $6.6T daily volume. This means Pullix has an excellent real-world connection to a resilient market. 

At the core of this platform lies the PLX native token, causing a craze in the crypto community. It is now in Stage 2 of its presale with a cost of just $0.042. Demand is sky-high as over 5.7M tokens have been sold, and $239,900 has been raised so far. The holding benefits for PLX have enticed millions. Holding it gives you up to 60% discounts on trading fees, passive income via staking, and more.

Due to all these reasons, experts are forecasting a 580% growth for PLX before its presale ends and another 100x jump after it hits exchanges in 2024. Therefore, Pullix may be the best crypto investment right now. 

Conclusion 

The clash between Coinbase and the SEC has undoubtedly set the stage for an altcoin explosion, with Polkadot, Decentraland, and Pullix leading the charge. However, Polkadot and Decentraland’s growth may be hindered by their high market caps ($8B and $926M respectively). This means a high influx of new funds is needed for them to experience noteworthy price movement. 

On the other hand, Pullix does not have this problem with a $8M market cap. For its value (and returns) to double, only $8M is needed – reasonably achievable.

 

For more information regarding Pullix’s presale see links below: 

Visit Pullix 

Join The Pullix Communities

 

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