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Recently, Crypto whales have been drawn to three cryptocurrencies – Avalanche (AVAX), Serum (SRM), and Pullix (PLX) – due to the high ROI potential each project offers. Let’s take a closer look at how these cryptocurrencies have performed and what the future may hold.
Avalanche (AVAX) Breaks Above $44 – Price to Reach $70.75 in 2024
Avalanche (AVAX) saw a notable price upswing which has attracted the attention of whales. According to the on-chart data, the Avalanche crypto has climbed from $34.62 to $44.95 and could continue increasing in the coming months if the market conditions are favorable.
Experts are now bullish, as X (Twitter) user Skew (52kskew) recently noted crucial technical levels for bulls to hold. The analyst stated that clearing $43 with momentum could open the door for AVAX to reach $50 to $70. Furthermore, the Avalanche price prediction suggests that it could reach $70.75 by the end of 2024.
Serum (SRM) Spikes 17% – Price to Move Above $0.1 in 2024
Serum (SRM) has been on a bullish run, despite an initial sell-off which resulted in a rejection from its 100-DMA line. The crypto has since seen a spike in volume and is trying to sustain the price increase, as Serum increased by 17% in the past 30 days.
A shorter time frame indicates that SRM has reached a support zone at $0.053. During the past week, Serum moved up in value from a low point of $0.056 to $0.075. According to the Serum price prediction, it could reach $0.1178 in 2024, making it a lucrative option for whales.
Pullix (PLX) to Introduce Revenue Share Model for Token Holders
Pullix (PLX) is gathering interest from whales with its cryptocurrency ICO. This upcoming community-backed exchange will use blockchain technology and ensure high security standards. By holding the native PLX cryptocurrency, anyone can access fixed passive income that is generated from the daily revenues gained on top of the platform.
The platform will also feature automation with AI-driven trading tools which will help traders to enhance their strategies while providing them with higher profit potential opportunities. All of these aspects make PLX a promising cryptocurrency to invest in.
Summary
Avalanche, Serum, and Pullix are all cryptocurrencies that whales have recently been attracted to due to their potential for high ROI. Avalanche (AVAX) has broken through the $44 barrier and could reach $70.75 in 2024. Serum (SRM) has seen a 17% spike and could reach $0.1178 in 2024. Lastly, Pullix (PLX) is offering token holders a revenue share model and is currently in its ICO stage.
