Polygon: Introducing the Humanity Protocol
Polygon (MATIC) has recently unveiled the Humanity Protocol, aimed at assisting developers with unique human authentication mechanisms.
During the past week, MATIC experienced a notable increase in value from $0.88 to $0.92. Concurrently, its market cap rose from $8.49 billion to $8.93 billion.
Sentiment in the market is bullish, with the coin trading above the 100 and 200-day EMAs. Experts predict the token could reach $1.36 in Q2 2024.
Pullix Prepares to Launch Hybrid Trading Platform
Pullix (PLX) has successfully raised over $8 million and is gearing up for its launch in less than a week. Positioned as a hybrid trading platform, Pullix combines elements of CEX and DEX, providing users with high liquidity, access to all asset classes (including cryptos), and a user-friendly self-custody portfolio management system.
PLX holders will benefit from trading fee discounts or access to specific assets. The platform also supports a “trade-to-earn” revenue-sharing model, where PLX stakers receive a portion of Pullix’s daily profits. This implies that more trades result in higher staking rewards. Currently, PLX is trading at $0.14, with analysts anticipating further growth post-launch.
Kaspa: BlockDAG Garners Attention in Mumbai
According to a recent ambassador report, the Kaspa BlockDAG has generated significant attention at IIT Mumbai. KASPA prices have risen from $0.14 to $0.17 over the past seven days, with its market cap surging from $3.16 billion to $3.85 billion during the same period. Presently, the altcoin is trading above its 21 and 50-day EMAs.
Experts suggest that Kaspa has the potential to rally to $0.23 in Q2 2024.
Conclusion
Each of these projects, Polygon, Pullix, and Kaspa, presents unique selling points. Pullix, with a market cap of $28 million, stands out for its growth potential.
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