Pullix (PLX) Defies Gravity: Soars with Ethereum (ETH) and Cardano (ADA) in Altcoin Ascendancy
The post Pullix (PLX) Defies Gravity: Soars with Ethereum (ETH) and Cardano (ADA) in Altcoin Ascendancy appeared first on Coinpedia Fintech News
Pullix (PLX) emerges as a shining star, ascending the ranks alongside prominent altcoins like Ethereum (ETH) and Cardano (ADA). Among these well-established cryptos, PLX is a Stage 5 presale star that has already raised over $2.5M. Some analysts even peg this new ICO evolving into a 100x token in 2024. Today, we will find out why.
Pullix (PLX): On the Top Altcoin List
Pullix (PLX) has caught the attention of crypto enthusiasts by experiencing a 75% value surge in its ongoing presale. In fact, over 8.8M PLX tokens have been sold so far. This DeFi project has been turning heads as it will bring something new. Pullix will introduce a hybrid DeFi trading platform that combines the best CEX and DEX features.
This platform offers low trading fees, access to all asset classes (including cryptos), and self-custodial portfolio management. While this platform is the main attraction for traders, the Pullix team will also implement other components in its ecosystem:
Yield Farming: Engage in Yield Farming to acquire PLX native tokens while participating in liquidity provision by staking LP tokens.
Copy Trading: This feature lets you mirror trades executed by accomplished Pullix traders, leveraging their strategies.
Swap: The DeFi feature facilitates seamless token exchanges with minimal transaction fees.
The PLX native token fuels all these features and acts as the main currency on Pullix. Holding it will provide many benefits, such as reduced trading fees and access to certain assets. By staking the PLX token, you will receive a portion of Pullix’s daily revenue. Additionally, you may stake other cryptos with Pullix for a fixed interest rate – great passive income capabilities.
All of these benefits have made global investors flood this crypto ICO event looking to obtain the PLX token before its value skyrockets. Currently, one PLX costs just $0.07 as it is in Stage 5 of its presale, which is set to be completed imminently as less than 10% is available. With this DeFi project entering many flourishing markets like the Forex one, which saw a $6.6T daily volume in 2019, experts are bullish about its long-term growth.
Ethereum News
According to a Solscan tweet, it has been acquired by Etherscan, a platform providing insights into the Ethereum (ETH) network. This integration has allowed Etherscan to encompass the extensive Solscan ecosystem.
In other news, Vitalik Buterin also recently disclosed the Ethereum roadmap for 2024. In this post, he highlighted that this year brings only a few minor adjustments compared to the previous year’s plan.
The Ethereum crypto value movement jumped from $2,254 on December 27 to $2,378 on January 3. Its Fear & Greed index rating also shows a 70 (Greed) – a good bullish sign. Because of this, market analysts foresee this altcoin trading at $2,549 in February 2024. This makes ETH one of the altcoins to watch.
Cardano Price Prediction
Meanwhile, crypto analyst LuckSide has made a bullish Cardano (ADA) price prediction. In his YouTube video, he highlighted a significant gap in Cardano’s price chart. This gap is between the $0.60 and $0.67 levels.
According to LuckSide, he foresees a bullish trajectory aiming for the $0.70 resistance level. With the technical analysis of the Cardano crypto showing all 29 technical indicators in the green, this price prediction looks very plausible.
The Cardano price has recently been on an uptrend, rising from $0.41 on December 3 to $0.61 on January 3. But, thanks to all these bullish signals, market analysts foresee this altcoin soaring to $0.64 in February 2024.
Pullix vs. Ethereum vs. Cardano – Which One Stands Out?
When looking at all three of these altcoins, one has a competitive edge – Pullix. It now has a market cap of $14M, while Ethereum and Cardano sit at $285B and $21B, respectively. This means it will experience growth much faster as only $14M is needed for its current price of $0.07 to double.
Because of this, market analysts predict a 580% surge before its presale ends and another 100x pump after PLX hits exchanges in Q1 of 2024. This makes PLX one of the top altcoins to monitor.
For more information regarding Pullix’s presale see the links below:
Filed under: Bitcoin - @ January 6, 2024 11:14 am