As summer nears, investors are on the lookout for hot cryptos to buy. With the 2024 bull run imminent, now is the best time to make that financial decision. After carefully scanning through the crypto market, analysts pick Aptos, Pullix, and Optimism as the top cryptos on investors’ watch list. Backed by strong use cases and increasing adoption, these cryptos could offer massive returns in the coming weeks. Read below for more information.
Pullix: The Top Crypto Pick for Summer Investors
Pullix is a new crypto project that has continued to gain traction in the market. Despite entering the market just a few months ago, it has shown better prospects than established cryptos. Already, the team has hit over $8M with more than 20,000 members having joined the Pullix ecosystem.
The PLX price which started at $0.01, had surged to $0.1, a massive 900% return for investors who joined at the beginning. For context, Pullix is a trade-to-earn platform that aims to blend DeFi and CeFi exchanges into a unified platform. The platform is non-custodial which gives users full control over their assets. At the same time, KYC is not involved.
The ecosystem is set to launch in the coming weeks, and analysts expect the token to reach new heights. Meanwhile, the Pullix platform is designed to offer top-notch security, faster transaction processing, and high liquidity.
Aptos Price Forecast –Can Investors Expect Aptos To Hit $50 in Q4?
Aptos (APT) is a layer-1 blockchain that uses an innovative smart contract algorithm called ‘move’ to solve real-world problems. The Aptos crypto is one of the top coins on the investors list this summer due to its growth potential. For safety purposes, investors should get an Aptos wallet where they will store APT tokens on the blockchain.
As per CoinMarketCap data, the Aptos price dipped 47% in the past year which has shown the resilience of this coin despite market volatility. Also, the Aptos market cap has surged 10%, moving from around $3B in June to $3.3B in July.
Meanwhile, the Aptos token is currently trading below the 50-day SMA with price volatility of 8. 22%. Even at that, Cryptosahintas, a popular Bitcoin enthusiast, believes that the Aptos price will hit $50 soon. That means the dip is the best time to accumulate.
Optimism Trading Volume Surges Amid Rising Investor Interest
Optimism (OP) is a popular layer 2 network designed to promote simplicity and enhance user experience on the Ethereum blockchain. It boasts of the Optimism coin, which has gained traction among crypto enthusiasts. After breaking out of the correction phase, Optimism crypto has continued its bullish run.
Based on data from CoinMarketCap, the optimism price gained 20% in the past year but dipped by 5% in the past week. Also, Optimism trading volume is currently up from less than $200M it reached in late June to over $230M. Analysts believe that the rising market activity will push the Optimism price above the major $3 resistance trendline.
Although the Optimism market sentiment is bearish, the token has had 16 green days in the past 30 days. As such, popular analyst Alex Clay’s long-term Optimism price target is $11.6. This could be the best time to invest in the crypto.
Which Hot Cryptocurrencies Make It to Investors’ List This Summer?
Summer is the best time to make profits from cryptos; that’s why investors are eyeing some valuable coins. Aptos, Optimism, and Pullix are ahead of other cryptocurrencies this summer because of their short- and long-term potential. However, a successful launch of Pullix could see the coin head to the moon. As such, it is a project to watch out for in August.
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
, Pullix (PLX), and Optimism (OP this summer){kind=link}