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Crypto analyst Ali Martinez is bullish on Chainlink (LINK). Meanwhile, the altcoin space is witnessing a shift with Pullix (PLX) and Solana (SOL) emerging as competitors. Analysts predict PLX, which is in phase 6 of pre-sale, will rebound in the first quarter of 2024.
Chainlink price prediction
Ali Martinez recently shared a chart on why he is bullish on Chainlink.
According to his analysis, the token has a solid demand area between $14.8 and $15.2.
Since there are no resistance levels ahead, he expects a rise to $20.
LINK rose from $13.83 to $15.12 last week, increasing its market capitalization from $7.86 billion to $8.5 billion.
Market analysts predict that LINK will reach $23.64 in 2024.
Pullix is an altcoin competitor
Pullix is in stage 6 of pre-sale and has sold over PLX 70 million.
The platform aims to reshape online trading by creating a hybrid system that combines centralized and decentralized exchange functions. As a result, traders have access to ample liquidity, can trade all asset classes (including cryptocurrencies), and more.
Additionally, the exchange plans to implement zero commissions on trades and raw spread trading.
PLX is the core of the Pullix ecosystem. Pullix is a “transaction-yield” token that rewards PLX stakers with a portion of their daily profits.
Users can also stake other coins and receive rewards. Returns vary from 8% to 18% depending on the lock-up period.
In the ongoing pre-sale, PLX can be purchased for $0.08 and more than $3.7 million has been raised to date.
Supporters are bullish on PLX as Pullix aims to gain share in the over-the-counter derivatives market once valued at more than $20.7 trillion.
Solana unveils 2024 roadmap
Meanwhile, Solana released its 2024 roadmap.
The blockchain plans to implement “token scaling” to improve the complexity and diversity of token economics.
Also notable will be the 2024 debut of Firedancer, a verification client designed by Jump Crypto.
SOL has been trending between $72.96 and $96.63 over the past 30 days. The market capitalization also increased from $30.79 billion to $41.81 billion.
Through 22 technical indicators, experts predict that SOL will reach $128.63 in the second quarter of 2024.
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