Arweave (AR) and Gala (GALA) are two major cryptocurrencies that are approaching the $1 billion market cap region after being available on the market for years. Yet the Pullix (PLX) presale has had such rapid presale sales momentum that it could soon also reach such a milestone. To see how high up the market cap ladder each crypto is, we will individually go over all of their on-chart data.
Arweave (AR) Moves Above $10 – Market Cap Reaches Above $600M
Arweave (AR) is showcasing bullishness on its charts, as it goes on the 7-day, 14-day, and 30-day charts. Moreover, during the previous week, the Arweave price range was between $9.50 and $10.71 on the high end.
The break above the $10 price barrier was massive for the crypto, and this can result in further gains in the near future. The Arweave crypto now has a market cap of $627 million and is nearing the $1 billion market cap. According to the Arweave price prediction, it can end in 2024 at a value of $16.61.
Gala (GALA) Nears $800M Market Cap – Can It Reach $1B by the End of 2024?
Gala (GALA) has broken a short-term descending trendline yet remains under a long-term one which can result in a further decline in its value. Despite these mixed signals, especially from the weekly RSI, the readings are an indication of a more bullish outlook for theGala price in the long term. If this does indeed happen, the market cap can increase for the crypto.
Its weekly range was between $0.024 and $0.028, and the Gala crypto now needs to pass the $0.30 range in order to reach new heights. Its current market cap is at $769 million, indicating that it’s the closest to the $1 billion range. According to the Gala price prediction, it can end 2024 with a value of $0.0420.
Pullix (PLX) to Introduce the First Trade-to-Earn Crypto
Pullix (PLX) will create a major ecosystem that will solve key liquidity and transparency issues within the TradFi space. Investors are jumping into this DeFi project since it can change how t hey access online trading. It will establish the world’s first hybrid trading platform that combines the best of DEXs and CEXs. This innovative approach will remove any issues or barriers that have historically affected the market.
Users will not need to worry about trading fees, as it will require 0% commissions on traders. The Pullix Swap for example, will let users swap tokens for a minimal fee. Unlike most CEXs, Pullix will also enable anyone to trade all asset classes, including cryptocurrencies from a single account.
The PLX native token is the main currency. It’s the first Trade-to-Earn crypto, as any holder can get a percentage of the daily revenue on Pullix if they stake the altcoin.
Summary
Arweave and Gala are both progressing at a rapid rate, yet they are still far off the $1 billion market cap range for the time being. Pullix is a hot DeFi project as its presale has seen massive momentum.
Over 10 million tokens have been sold, and at Stage 6, it trades at just $0.08. With over 11,000 users registered for the presale, it’s clear that attention is massive. At launch, it can surge by 50x and reach the $1 billion market cap target.
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Source:https://cryptodaily.co.uk/2024/01/arweave-ar-gala-gala-and-pullix-plx-eyeing-1b-market-cap