Ethereum Price Projection for 2024: $10,000
Cryptocurrency analyst Anthony Sassano has recently shared his price projection for Ethereum in 2024. His forecast suggests that the price of Ethereum could reach as high as $10,000 by that time. This bullish outlook is based on the potential approval of Ethereum Spot ETFs by the SEC, which could create a significant surge in Ethereum’s price. Even if the $10,000 mark is not reached, Sassano believes that Ethereum could still reach $6,000 by the end of the year due to institutional interest.
Ripple (XRP) Whale Activity on the Rise
Ripple (XRP) has experienced a substantial price increase in the past week, moving from a low of $0.5521 to a 7-day high of $0.6184. This rise in price can be attributed to Ripple Labs announcing significant buy-back plans for its parent company shares valued at $11 billion. As a result, whale activity has increased, with a significant uptick in whale transactions on the XRP ledger network. This positive sentiment surrounding Ripple could lead to further price increases in the coming days.
Pullix (PLX) Presale Success Indicates Investment Interest
The Pullix presale project has caught the attention of many analysts as it has raised over $3.6 million by selling over 68 million tokens in less than a month. The success of this presale has led experts to dub Pullix as the best coin to invest in. Pullix is a blockchain ICO that allows users to trade various assets, including stocks, commodities, and derivatives, while also using cryptocurrencies as collateral. It also offers unique features such as revenue sharing for token owners and the opportunity to earn passive income through liquidity provision.
Hot Take: Pullix Positioned for Parabolic Rise
Analysts have identified Pullix as the top coin to invest in due to its access to a diverse financial market and the growing interest of institutional investors in the cryptocurrency industry. With its successful presale and unique features, Pullix has positioned itself for a potential parabolic rise in the future. Experts predict that the price of Pullix’s native token, PLX, could increase 10x from its current price of $0.08 before the end of 2024.