The DeFi market is growing daily as traditional investors show interest in decentralized platforms. New entrants like Pullix set the pace for old coins like Aave and Synthetix to follow. Pullix has now reached stage 6 of its presale, having raised over $3million and selling over 60million PLX tokens.
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Aave (AAVE) To Surpass Previous All-time Peak
In a recent discussion, the founder of Aave crypto, Stani Kulechov, noted that 2024 is an important year for the DeFi market. According to him, the sector will see huge changes and increased adoption.
Meanwhile, Aave, the DeFi coin of the Aave protocol, is trading above the $100 mark. The token reached $666.86 in 2021 during the crypto bull run.
Luckily, analysts have predicted that 2024 will be another crypto bull year. Aave price could soar during this period to its current all-time high or reach 50% of this price – $333. Despite the Aave crypto latest price movement, it is trading 93.7% above its price as of this time last year.
Synthetix (SNX) Perps Report Shows Massive Trading Volume
In a recent tweet, Synthetix (SNX) posted its Perps Data Report for December 25th to January 1st. According to the report, Synthetix perps saw an average daily volume of $90.4 million.
Additionally, it saw a 7-day total volume of $633 million. This data shows that the network perps have seen increased adoption in the past week.
In other news, data from CoinMarketCap showed Synthetix coin is trading between $3.46 and $4.43. Like Aave, Synthetix’s price is above its price as of last year. The Synthetix coin is 136.4% above its price as of this time last year.
Pullix (PLX) Emerges As the Best New Project in the DeFi Space
Pullix (PLX), known as the best DeFi project, has kicked off 2024 with great momentum, reaching a new high of $0.08. This recent spike shows that investors are really interested in the project. The platform’s main objective is to bridge the gap between traditional and contemporary trading methods. This way, it is easier for people to trade across various markets.
Another big focus for Pullix is on solving the issue of ‘liquidity.’ To tackle this, Pullix is not just sticking to digital currencies. It is bringing in markets like FX and other large-scale trading markets to help in increasing the trading activity on Pullix. But Pullix is not stopping there, they have devised a way to get even more trading happening on their platform. Pullix will reward users who help in providing liquidity to the platform.
This method not only makes Pullix more appealing but it also attracts additional users to the platform, potentially increasing the popularity of its DeFi coin, PLX. Pullix offers the ability to trade with high leverage across several asset types for people who enjoy larger trades.
Pullix is generating a lot of buzz, with experts anticipating a 100x price increase. PLX is now available for $0.08, which is a 100% rise from its initial listing price of $0.04. With a launch price of $0.12, Pullix still presents itself as an amazing opportunity for smart investors to bag some quick profits.
In Conclusion
In 2024, the DeFi market will undergo an enormous transformation as traditional investors seek sanctuary in decentralized platforms. Projects like Pullix are already setting the standard with its upcoming hybrid platform. With analysts suggesting that Pullix will reach a 20x increase in price shortly after launch, Pullix has had a sensational first month in the crypto market.
For more information regarding Pullix’s presale see 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.
