The crypto market is experiencing a massive shake-up, with the best crypto, Pullix, taking the lead. The token has soared 100% in the past month, surpassing the likes of Enjin Coin and Ripple.
Enjin Coin (ENJ) Price Outlook
Enjin Coin (ENJ) is a well-known name in the crypto space. It stands out because it focuses on the games industry. Unfortunately, the price of ENJ was bearish for most of 2023. However, in 2024, there was a small increase for the altcoin.
The price of the Enjin Coin rallied in the last quarter of 2023. The price of ENJ has slowly increased past $0.2 as Bitcoin reached over $40K.
But, after reaching the $0.43 price point, the Enjin coin’s value started to drop due to selling pressure. Right now, the DeFi token is trading between $0.3288 and $0.3959 price range. Experts think that in the next few weeks, the price of the Enjin Coin will go up to $0.5131.
Ripple (XRP) Price Down Despite Token Burn
According to a well-known blockchain explorer, XRPScan, the amount of Ripple coins destroyed (token burn) has increased greatly since mid-December.
This is due to Ripple users testing out the Xahau Network on XRPL. The blockchain explorer showed that around 10,134 XRP were destroyed on January 2nd. This recent rise in burning Ripple has started some talks about a jump in XRP price.
However, there is a catch. The amount of Ripple being destroyed is not big enough to quickly increase the XRP price. Around 11.8 million XRP have been burned since the Ripple burn started.
This is very small compared to Ripple’s huge amount of 99 billion coins. The cost of Ripple coin is now around $0.577, which is less than it was at $0.630 before.
Pullix (PLX) Presale Gains Traction
The Pullix (PLX) presale has turned heads in the crypto space, making it the best new crypto to invest in. In just a month, they have managed to sell over 60 million tokens. They have also raised ober $3 million, all thanks to the strong interest from investors. Many people think Pullix can become the best crypto because of its high potential market.
Pullix is changing how trades are done with its hybrid trading platform. It will have various trading choices, attracting lots of traders. Some of the assets you can trade on Pullix include stocks, forex, commodities, and ETFs. There are also more features that have excited users about Pullix. They are.
- Lending Protocol: One of the best features of Pullix is its protocol for borrowing. This feature works like a money market.
You can borrow and lend different assets. The good part is that supply and demand decide what interest rates are, so traders get nice rates.
- AI Trading Tools: Pullix is going beyond the normal trading features. They are also putting AI technology into their system.
The trading tools using AI were made by OpenAI, who created ChatGPT. This shows that Pullix wants to give its users the newest technology for better trading experiences.
Currently, Pullix is in the sixth phase of its presale, with tokens priced at only $0.08. Market experts are predicting that this DeFi token is set for a massive rise in the coming weeks.
Final Thoughts
Among Enjin Coin, Ripple and Pullix, the best new crypto to invest in right now is Pullix. The token has soared 100% from its initial price of $0.04 to $0.08. Still, analysts have predicted more gains ahead.
For more information regarding Pullix’s presale see links below:
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