Cardano (ADA) has been on a relentless upward trajectory during the past few weeks and marked consecutive weeks of surplus gains. As a result, on-chart data currently reveals that due to the enhanced accumulation of the crypto, it could see a price breakout soon.
TRON (TRX) recently published its weekly summary, where the network reached a major record in the TRC20-USDT circulating supply. Despite this, Pullix (PLX) is also gathering a lot of attention, as it will redefine TradFi and become the first community-backed exchange without any KYC requirements.
Cardano (ADA) to Reach $0.5780 by 2024
Cardano (ADA) has seen a significant level of accumulation from traders. Its value peaked between $0.368 and $0.391. This followed after they amassed 7.51 billion tokens, as per data from IntoThe Block. This substantial volume of the Cardano crypto could either form a robust support base or introduce an element of risk.
As the crypto market watches and waits, the dynamics surrounding the Cardano trajectory will depend on the balance between profit-taking and bullish resilience. During the past week, ADA is up 35%, and according to the Cardano price prediction, it can spike as high as $0.5780 by Q1, 2024.
TRON (TRX) Can Surge As High as $0.1606 by Q1
TRON (TRX) recently saw a major upswing as well, as the team published their weekly summary on X (Twitter). In the report, the TRON crypto Founder Justin Sun was invited to the Wiki Finance EXPO Sydney 2023 event and stated that cryptocurrencies are leading towards a decentralized future.
Then, on November 20, the TRON Thanksgiving Carnival kicked off with a prize pool of 3,200 USSD. Then, on November 22, the circulating supply of TRC20-USDT reached a record high of 47.8 billion.
As for the TRX price performance, the crypto traded between $0.096310 and $0.109823. According to the current TRON price prediction, it can rise as high as $0.1606 by the start of 2024.
Pullix (PLX) to Offer 24/7 Market Access Without KYC
Aside from Cardano and TRON, another crypto that’s getting significant attention is Pullix (PLX). This is an upcoming community-backed exchange that can completely change how traders perceive the TradFi space. Users are able to seamlessly access the platform and engage with the various elements that are on offer.
For example, they won’t need to download any specialized software or apps and, as a result, gain access to a straightforward experience that anyone can enjoy.
They can gain access to global markets that operate 24/7 and alongside cryptocurrencies from a single platform at any point in time.
Through the utilization of a blockchain security infrastructure, all of the trades, interactions, and transactions are fully encrypted. The platform will not require any KYC procedures either, streamlining access even further.
At the center is the PLX crypto. It was created as a means of enabling sustainability and growing the platform. Anyone can stake the crypto to get rewards and bonuses and can also get cashback, distribution of rewards, or access to promotional offers. Currently, it trades at just $0.04, but at launch, analysts project a 1,500% climb in its value.
*This article was paid for Cryptonomist did not write the article or test the platform.