The crypto market is bouncing back and many cryptos are heading to the moon, with Bitcoin leading the race. Injective (INJ) and Mantle (MNT) have witnessed huge rallies in the past week as their profit margin widened. Meanwhile, barely two days after Pullix (PLX) was launched, the token has witnessed a massive rally. Some analysts have seen the token’s potential and have picked it among the top cryptos to invest in the year.
Pullix (PLX) Thrills Investors After Witnessing Huge Rally on Launch
While Injective and Mantle are surging, Pullix has thrilled investors after impressive price performance on launch. The token, which was launched at the floor price of $0.168, has surged to $0.71. That’s over 300% rally within two days of launch. That means early investors that purchased the token on launch have gotten massive ROI.
Zooming in, all the Pullix key market indicators, such as the market cap and trading volume, are bullish. The market cap has surged from $33.6M at launch to over $100M. Also, the Pullix token witnessed over $2.5M in market activity barely 24 hours after the project launch. All these stats show massive acceptance of the project by investors and that makes it one of the best cryptos to buy now.
Having already listed the token on Uniswap, the token is set for BitMart listing within the next 24 hours. Meanwhile, another top exchange, X.COM, has announced they will list the PLX under their innovation zone and under the PLX/USDT trading pair. Analysts have projected a 35x rally in the year. To build trust and stability, the team has locked the PLX liquidity for 2 years in Uniswap.
For context, Pullix is a trade-to-earn exchange that solves several issues encountered in the CeFi and DeFi exchanges. The Pullix platform will provide high liquidity and adequate security while ensuring faster transaction processing and zero transaction fees. One of its features, which is the profit-sharing model, will ensure that token holders get a percentage of the platform’s daily revenue. Above all, Pullix is one of the top cryptos to invest in now.
Injective (INJ) Surges by 25% in 30 Days
The Injective (INJ) crypto has been experiencing an uptrend in the past month, with investors joining to benefit from the ongoing rally. For context, the token has witnessed a 25% growth in price value in the past month. However, the Injective price has declined by a slight 3% in the past week.
Meanwhile, the Injective market cap is on a downtrend while the trading volume is witnessing a slight rally. Having failed to break through the $46 resistance level a few days ago, some analysts think Injective will need massive buyer activity to break through the $46 price point.
Can Mantle (MNT) Maintain Break the $1 Resistance Level?
Mantle (MNT) has been battling to break through the $1 resistance level in the past few days. All attempts by the token have been unsuccessful. However, analysts think that the current momentum of the market will help the Mantle token pull through.
For context, the Mantle price has surged by 68% in the past 30 days and 15% in the past week. The Mantle trading volume has increased by a day-to-day average of 80% in the past week. At the current trajectory, the token price could reach $1.5 before the end of Q1 of 2024.
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