The DeFi market has taken some interesting turns, and the Pullix (PLX) presale is the latest hot topic. This Stage 7 presale project has already sold over 80 million tokens; some analysts even have it pegged as the next 100x token in 2024. Meanwhile, Stellar (XLM) and Litecoin (LTC) also stay on top of the altcoin space. Let’s find out why.
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Pullix (PLX): The Top ICO Right Now
Global investors are in a frenzy for the Pullix (PLX) presale. This crypto ICO event has already raised over $4.5 million and onboarded 13,000 individuals. This huge interest shows the potential of Pullix – an upcoming groundbreaking trading platform.
Many issues exist in the online trading space, such as a lack of transparency or high trading fees. But Pullix will change this by combining the best CEX and DEX features. This innovative approach will bring traders access to all asset classes (including cryptos), low trading fees, and self-custodial portfolio management. The Pullix ecosystem will also include the following:
- Trade-to-Earn: The ability to stake PLX tokens and receive a portion of Pullix’s daily revenue.
- VaultX: A decentralized yield optimizer allowing you to raise compound interest on your cryptos.
The PLX native token is the main backbone behind all these features. Holding it is vital if you wish to earn reduced trading fees or access to certain assets. If you want to provide liquidity, you may even stake other cryptos with Pullix for a fixed interest rate. The PLX token is currently in Stage 6 of its presale and costs just $0.08. This is a 100% growth from its starting price.
BIS said the OTC derivatives market was valued at $20.7T in 2022. Pullix is strategically positioning itself to become a significant power in this industry. Thus, market analysts predict that this altcoin may surge by 100x once a Tier-1 CEX lists it in Q1 of 2024.
Exciting Stellar News: Protocol 20 Incoming
Stellar (XLM) hype has recently grown as the Protocol 20 upgrade is slowly approaching. With this upgrade, the Soroban smart contracts will roll out on the Stellar mainnet on January 30. According to Denelle Dixon, the CEO of Stellar Development Foundation, this marks the “foundation of a more inclusive future” for Stellar.
Over a week, the Stellar crypto value bounced between $0.1166 and $0.112. During that same time frame, its market cap changed from $3.31B to $3.17B. Market analysts predict this altcoin may trade at $0.1179 in February 2024, as sentiment is bullish.
Over 20M Ordinals Inscribed on Litecoin (LTC)
Meanwhile, Litecoin (LTC) has also seen some exciting developments. Most notably, Litecoin announced that over 20M Ordinals have been inscribed on its blockchain. This is a major development showing the demand for this DeFi project.
When it comes to the Litecoin crypto, the price keeps moving. Sometimes, it goes up, and sometimes, it goes down. In the last week, it fluctuated between $69.25 and $64.90. The Litecoin market cap fluctuated between $5.13B and $4.80B during that time. As a result, experts foresee a potential surge to $83.78 for this altcoin within Q1 of 2024.
What Gives Pullix the Competitive Edge Over Stellar and Litecoin?
Pullix is making noise in the crypto community because of its competitive advantage over Stellar and Litecoin. One reason for this is that Pullix has a low market cap of $20 million. With this advantageous spot, less money must be pumped into this altcoin to create a significant price surge. Investors want to hear this if they’re looking for big potential growth.
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.