While Cardano (ADA) and THORchain (RUNE) eye new highs, this new coin is disrupting the Defi space
Pullix (PLX) is establishing itself as a prominent decentralized finance (DeFi) market player. The project’s initial coin offering (ICO) has successfully raised over $9 million, selling out rapidly time, highlighting the strong demand for its innovative technology. Similarly, the top crypto coin, THORChain (RUNE), demonstrates remarkable resilience amidst market challenges, experiencing a surge in its value. Meanwhile, Cardano’s trajectory is being redefined, prompting questions about whether it can soon surpass the $1 price mark and potentially reach new all-time highs.
Will Cardano (ADA) climb back to the $1 price mark?
The Cardano (ADA) token has recently continued its bullish stance and shown indications of trend continuation. Investors are now left speculating about the asset’s short-term prospects in light of this change in momentum. Following a stretch of continuous gains, ADA price recently jumped above the $0.7 mark, highlighting a mild increase.
Meanwhile, the uptrend suggests that the momentum may turn bullish or that the short-term downtrend is at least stalling. Currently trading within a weekly price range of $0.75 and $0.69, ADA price is attempting to cross the $0.75 price mark and potentially consolidate above the $0.8 price mark once again.
THORChain (RUNE) token sights at climbing back to its yearly high
According to recent coinmarketcap data, THORChain (RUNE) is increasing in value and boasts enormous growth potential. In the last 30 days, the price of the THORChain token has increased by over 30% amid challenging market conditions.
While the past week saw the price of RUNE surged by nearly 17% within a weekly price range of $6.08 to $5.85, its price appears to be facing strong resistance at the $6 price mark. Although its price is currently trading above the $5.84 level, analysts predict that RUNE price may surge past its yearly high before the end of the first quarter.
2024 bull run projections: Pullix (PLX) as a top DeFi crypto
At the fundamental level, Pullix (PLX) combines the best attributes of DEX and CEX in its hybrid trading platform, offering users high liquidity and access to a broad range of asset classes. Moreover, the native PLX token adopts an innovative profit-sharing model that allocates a portion of the platform’s daily revenue to active traders and PLX token holders alike, further fostering a community-driven environment.
Pullix recently completed its presale, raising nearly $ 10 million in just a few months. As the token approaches its launch, it has laid the groundwork for a robust PLX debut in the DeFi market. While Pullix prioritizes sustained value growth, it introduces a token burn feature that eliminates excess token supply.
With more than 20,000 registered users, the PLX token is undoubtedly one of the hottest projects in 2024. This undoubtedly enhances the token’s standing in the DeFi space, with analysts projecting a surge of over 350% in the coming year. Besides, Pullix’s PLX has achieved far more, including a recent listing on Coingecko and a scheduled listing on Uniswap and BitMart in a few days.
Conclusively, PLX, the native coin of the Pullix ecosystem, serves various purposes, including governance. Endowed with exceptional qualities, including use cases, security, a strong network, and high-end features, PLX is expected to rise rapidly during the 2024 bull run and rank as a top DeFI crypto.
For more information regarding Pullix, see the links below:-
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