A few months ago, AI coins like Fetch.ai, Render and Injective were red hot, outperforming other cryptocurrencies. Unfortunately, their prices have gone down in the last one month as the investors are in the lookout for other better projects.
At the same time, the trading hybrid platform Pullix is set to go live. Investors and traders are quite enthusiastic and are eager to trade coins such as Bitcoin and other assets such as forex, commodities, and others.
Fetch.ai (FET) Still Bearish After Merge
Fetch.ai (FET) is showing red on the weekly, bi-weekly, and monthly price charts. Despite the Fetch.ai merger, which occurred recently, the bearish sentiment has stopped FET from seeing gains.
However, analysts are still optimistic about the token. The pseudonymous trader Godinnesss forecast the price of the Fetch.ai token might soar to $3 in the next few weeks.
In August, the coin’s market capitalization dropped to about $2.1 billion after being valued as high as $4 billion in July. The value could increase to $10 before the end of this year.
Render (RNDR) Reaches 6-Month Low
Render (RNDR) is trading in the red region together with most coins in the crypto market. Data from CoinMarketCap reveals the value of the Render token has dipped on the weekly and monthly levels.
Its trading volume has been consistently above $65 million in August. However, the forecast prepared by the specialists suggests that the prices will begin to rise soon.
AMCryptoAlex told his followers the value of the Render coin has reached a 6-month low and could rise soon. He posted a chart that showed the Render price soaring to $11.
Injective (INJ) Price Affected By Bear Market
Despite the continuous improvement and new achievements in the Injective ecosystem, the INJ coin remains in the red on the weekly and monthly time frame. The ongoing sell-off in the market has affected the Injective price.
Data from CoinMarketCap shows Injective’s market cap is moving between a low of $1.25 and a high of $2.75 billion on the monthly chart.
MrTastycalls says the price of Injective tokens could increase in the coming weeks if it moves above the demand zone. If this happens, the value of the cryptocurrency might rise to the $35 area, he added.
Why Experts in Crypto Look Forward To Pullix’s Launch
There is a new hybrid trading platform scheduled to be launched called Pullix. The new platform resolved to connect users to a diverse of the following different markets such as cryptocurrency, forex, indices, metals, commodities, among other assets. Also, users will be able to trade these assets without KYC checks.
Another strength that can be identified with the Pullix trading platform is that it has so many features that a trader can use to have the best experience of trading. Firstly, there is the AI-powered copy trading option. Pullix is applying artificial intelligence to enable investors to copy the trades of those investors who posted good performances.
There is also a DeFi swap feature that allows traders to swap all kinds of coins like Fetch.ai, Render, and Injective at low cost. To be able to use this platform you require the native coin, PLX. Those who have it can stake it for rewards and are entitled to part of Pullix’s revenue.
Conclusion
The price of Fetch.ai, Render, and Injective has been falling in the past month. While it is expected their prices will skyrocket in the near future, the new focus has been shifted to the Pullix hybrid trading platform where the users will be able to trade anything starting from crypto to commodities, forex and indices.
For more information regarding Pullix see links below:
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