Analyst bullish on Chainlink, Pullix and Solana may dominate altcoins
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A crypto analyst, Ali Martinez, is bullish on Chainlink (LINK). Meanwhile, the altcoin space is witnessing a shift, with Pullix (PLX) and Solana (SOL) emerging as contenders. Analysts predict that PLX, in Stage 6 of its presale, is set to rally in Q1 2024.
Chainlink price prediction
Ali Martinez recently shared a chart on why he was bullish on Chainlink.
Per his analysis, the token has a solid demand zone between $14.8 and $15.2.
Since no resistance levels are ahead, he predicts a rally to $20.
LINK is up from $13.83 to $15.12 in the past week, pushing the market cap from $7.86 to $8.5 billion.
Market analysts predict LINK to reach $23.64 in 2024.
Pullix is an altcoin contender
Pullix is in stage 6 of its presale, selling over 70 million PLX.
The platform aims to reshape online trading by creating a hybrid system combining centralized and decentralized exchange features. As a result, traders will access deep liquidity, trade all asset classes (including cryptos), and more.
Furthermore, the exchange plans to implement zero commissions on trades and raw spread trading.
PLX is central to the Pullix ecosystem. As a “trade-to-earn” token, Pullix will reward PLX stakers with a portion of its daily revenue.
Users may also stake other coins and receive rewards. Yield varies between 8% and 18% depending on the lock-up period.
In the ongoing presale, PLX is available for $0.08, and over $3.7 million has so far been raised.
Since Pullix aims to have a share in the OTC derivatives market once valued at over $20.7 trillion, supporters are bullish on PLX.
Solana reveals 2024 roadmap
Meanwhile, Solana has revealed its 2024 roadmap.
The blockchain plans to implement “token extensions” to enhance the intricacy and versatility of tokenomics.
Additionally, the spotlight will be on the debut of Firedancer, a validator client designed by Jump Crypto, in 2024.
SOL has been trending between $72.96 and $96.63 in the past 30 days. Its market cap also rose from $30.79 to $41.81 billion.
With 22 technical indicators in the green, experts predict SOL to reach $128.63 in Q2 2024.
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