PEPE, Toncoin (TON), and New Binance Rival Pullix (PLX) to Lead 2024 Bull Market

Hope has returned to the crypto community after the latest trading of Ethereum ETFs. Analysts believe a bull market is in the works and could start at any time. Pepe, Toncoin, and Pullix are three altcoins analysts believe will lead this rally. 

While Pepe’s price is expected to peak at $0.00004004, Coincodex believes Toncoin could reach $22.92. Analysts say Pullix’s price will increase to $0.5 before the end of the year. They are bullish about Pullix because it is the new Binance challenger.

Pepe (PEPE) Price Forecast Ahead of 2024 Bull Run

Pepe (PEPE), an Ethereum-based memecoin, is showing positive movements on the price charts as it rebounds from a stark drop. Price information from CoinMarketCap shows Pepe coin price has decreased on the weekly and monthly timeframes. Because of the downtrend, Pepe crypto has broken below the 50-day SMA ($0.00001123). 

The memecoin seems to be forming a key rising channel with resistance at $0.0000132 on the daily chart. If the Pepe coin manages to break back above the 50-day SMA, it could break above this resistance level. 

Analysts are very bullish about the memecoin and its future trajectory. They believe Pepe is part of the tokens which will lead the bull run this year. Potential price targets for the meme coin this year are $ 0.00001588 and $0.00004004, according to CoinMarketCap.

Toncoin (TON) Price Falls, Analysts Forecast Recovery

While Pepe is showing gains, Toncoin (TON) is trading in losses. Price information from CoinMarketCap reveals that the Toncoin price has dropped on the weekly, bi-weekly, and monthly timeframes.

The two month price chart of TON has been reflected by two linear trends converging to point out the formation of the triangle pattern. These are the major dynamic resistance and support that are affecting the movement of this TON price trendlines.

Although Toncoin to USD is bearish, analysts are still optimistic a recovery could occur this year. They expect the value of the cryptocurrency to skyrocket before the year runs out. Coincodex’s Toncoin price prediction says the altcoin’s value might jump to $ 9.09 in the short run and $22.92 in the long term.

Pullix (PLX) Offers Access Into Multiple Markets

Pullix (PLX) is a new exchange that seeks to overthrow centralized exchanges like Binance with its hybrid approach. This new entrant has the best of centralized exchanges (high liquidity, fast transactions). It blends it with the best of decentralized exchanges (security, privacy).

Users can also trade cryptocurrencies, stocks, commodities, and indices on Pullix. Imagine what Pullix might do when it merges cryptocurrencies and traditional assets. They don’t have to submit documents for KYC checks, positioning Pullix ahead of Binance. Also, users have ownership over their keys and assets. 

Pullix adds a unique initiative called “revenue share.” It gives PLX holders a percentage of the platform’s profits. Pullix is the first exchange to provide such a program, showing it is interested in the growth of its users. PLX is priced at $0.085. But, with the launch of the exchange coming soon, analysts believe it can hit $1.

Conclusion

Analysts have given bullish forecasts for Pepe, Toncoin, and Pullix. They believe these coins will lead the bull market this year. Their potential to rake in profits make them good investment choices to boost one’s portfolio.

For more information regarding Pullix see links below:

Visit Pullix

Join The Pullix Communities

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