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Arbitrum (ARB) experienced a major decrease in value during the past month. After that, it managed to recover, but it has not yet reached the $2 price range. In the meantime, Cosmos (ATOM) has also showcased signs of recovery. It could soon reach new heights. All eyes are currently however on Pullix (PLX) as its set for its third CEX listing. Today, we will go over each DeFi cryptocurrency to determine which one can grow in value the most.
Arbitrum Dipped 16.6% – Is Recovery a Possibility?
Arbitrum took a hit in its value of 16.6% during the past two weeks before initiating a recovery phase. Specifically, the Arbitrum price has seen a minimum weekly price of $1.48. Its maximum price was at $2.02. Moreover, the ARB could soon experience even more substantial gains as traders, investors and bulls help it regain its momentum. As a result of this, according to the Arbitrum price prediction, it is set to end 2024 at $2.60.
Cosmos Bounces After an Initial 15% Price Decrease
Cosmos could also soon regain its momentum after initially dropping in value by 15% in the past trading sessions. Throughout the week, the Cosmos price moved up from $10 to $13.73 as its maximum value. It found support at the $11 range afterwards.
Now, the Cosmos crypto will need to climb back up in value and move over the $12 price range yet again. By doing so, could potentially reach new heights. Its RSI and MACD are both showing bullish lines. According to the Cosmos price prediction, the crypto can end 2024 at $17.44.
Pullix (PLX) Grows 300% and DeFies Market Correction – Has 5,000% Growth Potential
Pullix (PLX) has experienced an explosive 300% growth, especially as hype surrounds its third CEX listing. It is seen as one of the hottest DeFi projects. The platform recently concluded its crypto ICO and is now officially launched. That has contributed towards a significant level of appeal and usage from traders globally.
During the first three days, starting March 21, 2024, anyone can use the platform and register for a demo account. By doing so, they can explore the platform’s features and test out the trading strategies.
Moreover, it is listed on BitMart, XT.com, Uniswap, CoinMarketCap and CoinGecko, where two of those are CEXs. Now, the third CEX it will get listed on is the MEXC exchange. That will occur on April 2, 2024. As a result, hype is massive for this crypto, especially as it surged from a listing price of $0.168 to $0.6743.
According to analysts, this crypto can spike as much as 5,000% by Q4, 2024. Thus, it can become one of the most exciting projects to get into. Anyone who participated in the presale can also use the Staking dAapp. Here, users will need to connect a DeFi wallet and push a button to claim their tokens.
Summary
It’s clear that while Arbitrum and Cosmos initially dipped in value. They are now on a massive road to recovery. In addition, the Pullix crypto has gained the most attention as it is now live. At this rate, it could dominate the $40 trillion OTC derivatives market, making it a top DeFi cryptocurrency to jump into.
For more information regarding Pullix see links below:
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Sam Chess is an utterly focused person looking for the minute details having potential to make a big difference. He is a writer and proofreader with a zeal to understand the cryptocurrency market. Additionally, he can be found trying to figure out the biggest mystery in the industry, Satoshi Nakamoto.
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