Polygon introduces Humanity Protocol as Pullix prepares for launch
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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.
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