As the crypto market enters into the altcoin season, traders are already looking for solid projects to expand their investments. Although the meme coin frenzy is spreading like wildfire with Pepe (PEPE), DogWifHat (WIF), and Dogecoin (DOGE) growing, they are still falling behind Pullix (PLX) in terms of explosive growth. Analysts predict that this token is one of the top DeFi projects that can give 100x gains in 2024.
Analysts Project 100x Gains For Pullix (PLX) Investors
With Pepe, DogWifHat, and Dogecoin spearheading the meme coin comeback, experts are backing Pullix to give substantial returns for Investors. Having been listed across many exchanges such as Uniswap, XT.com, BitMart, and MEXC, the DeFi cryptocurrency is positioned for a greater outing in the bull run.
Analysts backed this prediction with Pullix’s status as a new trading platform that introduces low gas fees, a high level of security, and full control of assets by investors. The platform has also been listed on the two top crypto aggregator platforms, CoinMarketCap and CoinGecko.
With the Pullix beta trading platform now live, many traders are trooping to explore the platform. Pullix allows trading of multiple asset classes including Forex, Stocks, and Cryptocurrency. With these exciting features, experts believe Pullix is one of the top DeFi projects that can pioneer the future of trading.
Pepe (PEPE) Drops Despite Increased Whale Activity
An X post by crypto market analyst Whale Alert explains that a huge amount of Pepe (PEPE) totaling 2.6 trillion was transferred to an unknown wallet via the Kucoin exchange on March 27, 2024. However, this significant whale’s interest has not been reflected in the price of Pepe with the token price dropping by 14% on the monthly price chart.
Pepe continued the slide in the past week, going down by 7%, causing ripples among holders. While the token is expected to stage a comeback in the bull market, analysts do not expect it to return a gain of 100x like Pullix.
DogWifHat (WIF) Soars
DogWifHat (WIF) made an explosive start in the Crypto market, quickly racing to an all-time high record of $4.85 on March 31, 2024. Since it entered the market, the DogWifHat token has increased by 1800% on the year-to-date price metrics and 122% in the past month based on data from CoinMarketCap.
However, DogWifHat is seeing a bearish pullback with the price dropping below the $3.5 support zone. A further 8% dip in the past week has increased the fears among investors. With DogWifHat being a meme coin, it may not be able to match Pullix exceptional growth of 100x projected in the year.
Dogecoin (DOGE) Drops by 18% On the Monthly Chart
The meme coin frenzy which has seen Dogecoin (DOGE) closing down the $0.2 threshold is receding as bear pressure begins to take over. Dogecoin has a 78% year-to-date increase but stumbled on the monthly chart with a 5% dip.
Although the Dogecoin price may have moved from $0.12 to $0.22 in the past month, its trading volume has suffered a decline of 17% in the past day. With a high market cap of $24B, Dogecoin has little chance of giving a 100x return to investors in the bull market.
