Crypto Analyst Rover Forecasts $2-$3 For Kaspa, Injective Price Soars, Pullix Hits $5M Milestone
Crypto analyst Rover has predicted that Kaspa’s value will reach between $2 and $3 during the next bull run. Meanwhile, Injective has seen a little price uptick after a bearish period. A new DeFi project, Pullix, has achieved a new record, as it raises over $5 million in less than three months of its presale.
Kaspa (KAS) Price Prediction
Crypto analyst Daan de Rover has shared a positive outlook for Kaspa’s future in a tweet. He also highlighted several reasons for the coin’s potential upswing. One major reason he pointed at was the absence of Kaspa tokens for exchange listings.
Given that Kaspa has not yet been listed on Binance, Coinbase, or OKX, this is very optimistic. De Rover proposed that these platforms would need to buy the DeFi cryptocurrency from the open market if they choose to list Kaspa.
The demand and liquidity of the token would increase as a result. De Rover thus contended that Kaspa’s price might be achievable in the upcoming bull market, ranging from $2 to $3. This is a 2650% increase in price over its current level.
Injective (INJ) Price Aiming for $40.00
Despite a 2,700% increase in 2023, the price of Injective (INJ) has decreased since the end of 2023. But this downward price trend is about to reverse.
The rise in the Injective’s RSI indicates signals of increasing bullish momentum. Analysts predict that injective costs could increase by 20% to $40. This upward trend, therefore, is contingent upon the bulls.
Bulls in INJ need to break through the resistance at $34.09, the present level, and at the 50-day SMA, which is $36.93. The DeFi cryptocurrency is currently trading between $31.15 and $35.08, having slightly increased in value over the previous week by 0.8%.
Pullix (PLX) Reaches $5 Million in Funding
Pullix (PLX) has created momentum in the crypto space by securing $5 million in funding in under three months of its crypto ICO. This milestone has attracted investors to the upcoming hybrid exchange.
This platform will allow users to exchange various assets at a low fee and high liquidity. Pullix’s native token, PLX, will be at the heart of its operations. Interestingly, the platform will take steps to enhance the token’s market position and stability.
First, it will dedicate 10–30% of its revenue to bolster the PLX token. In addition, the platform plans to burn PLX tokens to decrease its total supply. The aim is to create scarcity and, in turn, boost its value.
Presently in its seventh presale phase, PLX is offered at a price of just $0.1, with just two phases left before the crypto ICO ends. Pullix has announced that its platform will launch in the next 70 days. Therefore, this is a good way to amass thousands of PLX tokens.
Conclusion
While Kaspa and Injective are some of the best coins in the market, the DeFi project, Pullix is also worth mentioning. This project aims to revolutionize the trading space by offering more tradable assets.
Also, its native token, PLX, has more utility compared to other exchange tokens. Analysts have predicted more gains of 50x in the coming months despite its latest 150% surge.
For more information regarding Pullix’s presale see links below:
Filed under: Bitcoin - @ February 9, 2024 9:19 am