Recently, Polygon (MATIC) has rolled out the Humanity Protocol, while Pullix (PLX) is creating a buzz as it gears up for its launch. Concurrently, Kaspa (KAS) is turning heads in Mumbai with its BlockDAG.
Polygon: The Rollout of Humanity Protocol
Polygon has launched the Humanity Protocol, a tool designed to assist developers with unique human authentication mechanisms. Following this announcement, MATIC’s price has seen a rise from $0.88 to $0.92 within a week. During this time, its market cap has also increased from $8.49 billion to $8.93 billion. The coin is currently trading above the 100 and 200-day EMAs, indicating a bullish sentiment. Experts predict that the token could reach $1.36 in Q2 2024.
Pullix: Gearing Up to Launch a Hybrid Trading Platform
Pullix has successfully raised over $8 million and is set to launch in less than a week. Touted as a “hybrid trading platform,” Pullix merges elements of CEX and DEX to provide users with high liquidity, access to all asset classes (including cryptos), and an intuitive self-custody portfolio management system. PLX holders are offered trading fee discounts or access to certain assets. The platform also introduces a “trade-to-earn” revenue-sharing model where PLX stakers earn a portion of Pullix’s daily earnings. The more trades, the more staking rewards. Currently, PLX is trading at $0.14, but analysts anticipate further growth post-launch.
Kaspa: BlockDAG Makes Waves in Mumbai
As per a recent ambassador report, the Kaspa BlockDAG has garnered significant attention at IIT Mumbai. KASPA’s prices have risen from $0.14 to $0.17 in the past week, and its market cap has surged from $3.16B to $3.85B. This altcoin is currently trading above its 21 and 50-day EMAs. Experts predict that Kaspa could rally to $0.23 in Q2 2024.
Conclusion
Polygon, Pullix, and Kaspa each bring something unique to the table. With a relatively low market cap of $28 million, Pullix has ample room for growth.
