In the DeFi market, Pullix (PLX) emerges as a contender battling for investor attention alongside Tezos (XTZ) and Compound (COMP). As bullish sentiments sweep the market, these altcoins spark investor frenzy, with PLX standing out. Some experts even foresee this Stage 5 presale star becoming the next 100x token in 2024. This article will explore why.
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Pullix (PLX): One of the Top DeFi Projects
Pullix (PLX) is gaining traction in the crypto market, captivating investor interest with its presale performance. It has already provided early buyers with a 75% ROI while raising $2.5M. Pullix will disrupt the status quo in the bullish market conditions and create a unique hybrid trading platform.
On this platform, you will find deep liquidity, access to all asset classes (including cryptos) on one account, and more. While Pullix introduces this trading platform as its main attraction, the team will also implement other exciting features, such as:
- Swaps: A DeFi swap platform that offers seamless token trading at the most competitive fees in the market.
- Trade-to-Earn: This feature provides instant token credits to traders departing from periodic rewards.
- Copy Trading: With this feature, you can replicate the strategies of top traders within Pullix’s ecosystem.
The PLX native token fuels all platform functions and serves as the primary currency within its ecosystem. Holding PLX offers users reduced trading fees and exclusive access to select assets. A burn feature will also come, reducing supply and potentially boosting the altcoin’s value.
One PLX token is currently worth $0.07 as it is in Stage 5 of its presale. Demand is high, with over 7.4M tokens sold already. Experts project a remarkable 580% surge in value before the presale concludes, followed by a potential 100x surge after listing on a Tier-1 CEX in 2024. Because of this, Pullix is one of the best altcoins to invest in right now.
Tezos Price Continues Rising
According to CoinGecko, Tezos (XTZ) has experienced a 30% surge in the past month alone. In fact, the Tezos price increased from $0.84 on December 3 to $1.10 on January 2. This surge came after TZAPAC unveiled a collaboration with Sugarverse. As a result, the Tezos blockchain technology is now merging with the mobile gaming industry.
From a technical perspective, this bullish trend may continue as 24 technical indicators show green for Tezos. Moreover, the Fear & Greed index rating indicates a 71 (Greed) – good bullish signs for this altcoin.
Due to all these reasons, market analysts have made a bullish Tezos price prediction. They predict that the Tezos value will reach $1.25 in February 2024.
Compound Crypto News
The Compound (COMP) Labs X account recently experienced a breach lasting approximately 4 hours. However, the team regained control and removed any spam messages.
Regarding the Compound crypto charts, they have been trading in the green as CoinGecko reports a 16.7% pump in the last month alone. In other words, Compound experienced a growth from $51 on December 3 to $59.85 on January 2.
Market analysts remain bullish with the technical analysis also hinting at a bright future with 24 indicators in the green. They foresee the Compound crypto trading at $75.54 in February 2024.
What Sets Pullix Apart from Tezos and Compound?
While all these altcoins are worth watching, Pullix has a competitive edge – its low market cap. It currently has a market cap of $14M, while Tezos and Compound have market caps of $1B and $483M, respectively. To clarify, PLX will need a smaller amount of new funds for its price to skyrocket – while XTZ and COMP may face challenges.
Additionally, Pullix’s long-term growth potential is excellent thanks to its real-world ties to the Forex market, which saw a $6.6T daily volume in 2022. Because of this, Pullix may rule the DeFi market when it launches in 2024.
For more information on Pullix’s presale, see the links below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.