Polygon introduces Humanity Protocol as Pullix prepares for launch

Polygon (MATIC) recently introduced the Humanity Protocol. Meanwhile, Pullix (PLX) is making headlines before launch as Kaspa (KAS) captures attention in Mumbai with BlockDAG.

Polygon: Introducing the Humanity Protocol

Polygon has announced the Humanity Protocol to help developers with unique human authentication mechanisms.

Following this, MATIC rose from $0.88 to $0.92 in the past week alone.

In that period, its market cap has risen from $8.49 to $8.93 billion.

Sentiment is bullish as the coin trades above the 100 and 200-day EMAs.

Experts say the token can reach $1.36 in Q2 2024.

Pullix prepares to launch hybrid trading platform

Pullix has already raised over $8 million, and is preparing to launch in less than a week.

Described as “a hybrid trading platform,” Pullix combines aspects of CEX and DEX to offer users high liquidity, access to all asset classes (including cryptos), and a user-friendly self-custody portfolio management system.

PLX holders receive trading fee discounts or access to certain assets.

The platform also supports a “trade-to-ern” revenue-sharing model.

Here, PLX stakers will get a bit of how much Pullix makes in a day. That means more trades equals more staking rewards.

PLX is trading at $0.14. However, analysts expect more growth once the project launches.

Kaspa: BlockDAG garners attention in Mumbai

According to a new ambassador report, the Kaspa BlockDAG made waves at the IIT Mumbai.

KASPA prices are up from $0.14 to $0.17 in the past seven days. Its market cap surged from $3.16B to $3.85B during that time. Currently, this altcoin is trading above its 21 and 50-day EMAs.

Experts say Kaspa can rally to $0.23 in Q2 2024.

Conclusion

Polygon, Pullix, and Kaspa each have their selling point. Pullix has a low market cap of $28 million, and has more room for growth.