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Polygon Introduces Humanity Protocol as Pullix Prepares for Launch

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Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.

Polygon (MATIC) recently introduced the Humanity Protocol. Meanwhile, Pullix (PLX) is making headlines ahead of its launch as Kaspa (KAS) is attracting attention in Mumbai with BlockDAG.

Polygon: Presentation of the humanitarian protocol

Polygon announced the Humanity Protocol to help developers with unique human authentication mechanisms.

Following this, MATIC rose from $0.88 to $0.92 in the last week alone.

During this period, its market capitalization increased from $8.49 billion to $8.93 billion.

The sentiment is bullish as the coin trades above the 100 and 200 day EMAs.

Experts say the token could reach $1.36 in Q2 2024.

Pullix prepares to launch hybrid trading platform

Pullix has already raised over $8 million and is preparing to launch in less than a week.

Described as “a hybrid trading platform”, Pullix combines aspects of CEX and DEX to offer users high liquidity, access to all asset classes (including cryptos) and a portfolio management system of self-preservation friendly.

PLX holders benefit from discounts on trading fees or access to certain assets.

The platform also supports a trade-to-ern revenue sharing model.

Here PLX players will get a little bit of what Pullix earns in a day. This means that more transactions equal more staking rewards.

PLX is trading at $0.14. However, analysts expect further growth once the project is launched.

Kaspa: BlockDAG attracts attention in Mumbai

According to a new ambassador report, the Kaspa BlockDAG has been making waves at IIT Mumbai.

KASPA prices have increased from $0.14 to $0.17 over the past seven days. Its market capitalization increased from $3.16 billion to $3.85 billion during this period. Currently, this altcoin is trading above its 21-day and 50-day EMAs.

Experts estimate that Kaspa could reach $0.23 in the second quarter of 2024.

Conclusion

Polygon, Pullix and Kaspa each have their selling point. Pullix has a low market cap of $28 million and has more room to grow.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.

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