Altcoin Season Is Knocking On The Door As Bitcoin and Ethereum Cool Off

Investors are building positions in several altcoins that appear primed for takeoff. Namely Ripple, Artificial Superintelligence Alliance (FET), and Pullix.

As Bitcoin and Ethereum take a breather before the next leg up, several altcoins are attracting investor attention ahead of a potential altcoin season.

Among them are Ripple, Artificial Superintelligence Alliance (FET), and Pullix, each catering to different niches. Notably, crypto veterans highlight the benefits of tapping into powerful narratives while diversifying capital.

Being a relatively new project, Pullix seems to be the underdog in this scenario, yet its cutting-edge trading platform is increasingly gaining attention.

Artificial Superintelligence Alliance (FET) Set To Dominate The Crypto AI Market

The AI narrative is pervading crypto at record speed with more and more AI projects emerging. Artificial Superintelligence Alliance (FET) is the product of merging three separate crypto AI projects: SingularityNet, Fetch.ai, and Ocean Protocol. Since its launch, ASI reached an all-time high of $3.27 in March, showing a 1500% increase.

Currently, FET trades at $0.99, with a market cap of $3 billion and has seen a 4.9% decrease in the last 24 hours. This correction was likely triggered by the Bitcoin Crash.

FET is revisiting the early July lows on the lower timeframes. Bulls managed to push the FET price back against the $1.50 resistance level, but as the market experienced a spike in volatility, an abrupt rejection followed.

Over the next few weeks investors will be able to buy the FET dip on Pullix.

Ripple (XRP) Showing Resilience As Sell-offs Continue

A perfect storm moment seems to be on the cards for Ripple. A closed door meeting between Ripple Labs and the SEC is about to take place, after years of ongoing legal battles. Analysts point out that a favorable resolution is likely for Ripple.

The reasoning behind this is that the discourse around cryptocurrencies has seen a shift in the past year and widespread adoption is ramping up quickly.

Moreover, financial company 21Shares AG has expressed interest in launching a spot Ripple ETF, following the Ethereum ETF success. At the time of writing, Ripple sits firmly at $0.61 with a market cap of $34 billion. Investors can buy XRP tokens on the Pullix exchange.

Pullix Is A Sleeping Giant Ready To Wake Up

Pullix has caught the attention of investors who are looking for projects with untapped potential. It distinguishes itself from its competitors thanks to its wide array of features and novel exchange framework.

Pullix combines the best aspects of centralized and decentralized exchanges, offering users a seamless and intuitive experience. At the top of the priority list are security and user trust.

For this reason Pullix has implemented the most advanced security protocols available on centralized exchanges. At the same time, it emphasizes the importance of users having non-negotiable control over their assets.

On the platform, users can trade over 100 different assets, ranging from shares, options, commodities, and cryptocurrencies, including Ripple and FET.

The key element of the Pullix platform is the native token PLX. PLX is an asset that investors can trade, hold, and stake. It also acts as a governance tool, democratizing Pullix’s future development.

PLX is crucial in the platform’s revenue-share mechanism, one of Pullix’s star features. The exchange will buy back PLX tokens on the open market by investing a portion of the daily profits. 50% of this amount will be burned, reducing total supply and priming PLX for further growth, while the other 50% will be redistributed to holders.

PLX has shown impressive resilience during the recent market downturn increasing in value to $0.011 and it’s primed to soar during the next market rally.

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