The year 2024 has seen Bitcoin (BTC) and altcoins reach new all-time highs. This has ignited the fire in many investors who see crypto investment as an avenue to become rich this year. Meanwhile, the new hybrid exchange Pullix is set to launch soon, with investors picking it among the altcoins to invest in 2024. At the same time, Litecoin and Stellar are other popular altcoins that could witness a breakout in the coming weeks. Let’s see why.
Investors Anticipate Pullix Hybrid Trading Platform Debut
Pullix is a new trading exchange that will bridge the gap between centralized and decentralized exchanges. The new exchange was designed to offer enhanced security, faster transaction processing, and high liquidity. Unlike other exchanges with rigorous KYC, Pullix does not require that, as all a user needs is an email address to sign up and start trading.
The ecosystem is also non-custodial. In essence, users have full control over their assets. Users can log in and trade numerous cryptos, such as Bitcoin and Litecoin. In the future, Pullix will introduce AI trading tools to enhance betting strategies. Users can also earn through the profit-sharing model.
Meanwhile, the team has hit over $8M with more than 20,000 users. Early members have also gained 900% ROI as the PLX price surged from the initial $0.01 to $0.1. With a market cap of less than $200K, Pullix could do 20x in the coming months. This makes it an altcoin to add to your portfolio.
Investors Anticipate Litecoin’s Price to Soar to $100 Soon
Litecoin (LTC) is an open-source crypto project that aims to become a reliable medium for online transactions. While it has similar features to Bitcoin, its algorithm is different. The Litecoin ecosystem has witnessed massive adoption in the past months as LTC ranks as the number one crypto for payment.
Based on CoinMarketCap stats, the Litecoin price dipped by 30% in the YTD price metrics as the coin continued to struggle. The Litecoin market cap, which was hovering around $6.2B in early June has dropped below $5.5B as investors worry about the project’s future prospects.
According to Mr. Alex Bull, a top crypto trader, Litecoin is currently compressed between the falling wedges trendlines. However, the analyst is positive about a bullish breakout soon. Although the Litecoin crypto price is slightly below the 50-day and 200-day SMA, it is one of the altcoins to watch out for in the coming weeks.
Stellar Trading Volume Continues Its Momentum
Stellar (XLM) is a decentralized crypto platform designed to provide cheap and fast cross-border payments. On the Stellar blockchain, banks, individuals, and other payment platforms can make secure money transfers. This is possible with the power of the Stellar token, which helps facilitate such transactions.
According to market data, Stellar’s price decreased by 26% in the past year. Meanwhile, Stellar’s trading volume has witnessed impressive growth in the past few weeks. From $33.84M in early June, its market activity surged to $80M. With the rising market activity, there is a high possibility of the Stellar token hitting $0.15 in Q3.
Why You Should Invest in These Altcoins Now?
The Pullix launch date is very close, which could push the price to a new ATH. Also, Litecoin and Stellar are showing signs of an imminent rally which could lead to the coins setting new price records. All these are signs that these altcoins could offer more in the future.
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