The DeFi market constantly evolves, and Pullix (PLX) has emerged as a significant player. This new rising presale star in Stage 6 has already obtained $3.2M and skyrocketed by 100%. It even shows potential to challenge established altcoins like EOS (EOS) and Tron (TRX). Let's discover why some experts foresee PLX becoming the next 100x token in 2024.
Pullix (PLX): One of the Main Altcoins To Watch
According to BIS, the OTC derivatives market value rose to $20.7T in 2022 – capturing the attention of Pullix (PLX). This DeFi project will change the game by creating a hybrid trading platform that combines the best CEX and DEX features. As a result, all traders will find deep liquidity, high leverage at 1000:1, and self-custodial portfolio management.
Additionally, Pullix stands out from platforms like Binance as it allows the trade of all asset classes on one account. Therefore, you will no longer need to create multiple accounts on different platforms – increasing convenience.
While this exchange is the main appeal of Pullix, its ecosystem will also encompass other features:
Swap: A DeFi swap that will let you trade tokens at a minimal fee.
VaultX: A multichain yield optimizer allowing you to make compound interest on your crypto holdings.
Trade-to-Earn: PLX stakers will receive a percentage of Pullix's daily revenue.
The PLX native token is the backbone of this platform, serving as its main currency. It is now worth just $0.08; over 60M tokens have been sold. Given all its benefits, such as reduced trading fees and passive income via staking, it is clear why demand is so high. Because of this, market analysts forecast a potential 100x surge for PLX once a Tier-1 CEX lists it.
The EOS Network Ventures (ENV) recently contributed $500,000 to EZ Swap in the second successful fundraising round of December 2023. With this move, ENV intends to fortify the gaming asset and smart inscription protocol sphere within the EOS coin ecosystem.
The EOS coin value has been going up recently, soaring from $0.73 on December 5 to $0.76 on January 4. Moreover, the Fear & Greed index rating for EOS shows 68 (Greed) – a good bullish sign. Because of this, market analysts foresee EOS rising to $0.92 by the end of February 2024.
Meanwhile, Tron (TRX) has been soaring this past month. CoinGecko data shows that the Tron price increased from $0.103 on December 5 to $0.1083 on January 4. The Tron market cap has increased by 2.99% overnight, reaching $9,468,254,654.
In other news, DeFi Llama's data showcases a TVL exceeding $8B, positioning it as the second-largest chain after Ethereum. With over 26 technical indicators showing bullish signs for Tron, experts predict its value will reach $0.113 in February 2024.
While all these altcoins are worth watching, Pullix stands out. It now has a market cap of $16M, while EOS and Tron are $859M and $9.4B, respectively. In other words, it will surge much faster as fewer new funds are needed. Therefore, PLX is the best altcoin to keep on your radar.
For more information regarding Pullix's presale see links below:
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