Pullix (PLX) Gains Traction, Competing Aggressively Against Tezos (XTZ) and Kusama (KSM)
Pullix (PLX) has been making headlines recently, emerging as a contender to Tezos (XTZ) and Kusama (KSM). This rising presale star has sold over 60M PLX tokens while raising $2.5M. Various analysts hint that PLX could evolve into the next 100x altcoin in 2024. Keep on reading and find out why.
Pullix (PLX): One of the Top Altcoins on The Rise
Pullix (PLX) is set to revolutionize the DeFi market with its hybrid exchange, aiming for domination. This innovative platform merges the finest elements of both CEX and DEX. Thus promising access to 1000:1 leverage and all asset classes accessible from a single account. It even offers access to the Forex market, recognized by Baby Pips as the largest market.
This innovative approach will change the online trading sector as it solves all issues associated with this industry. For example, you will no longer need to worry about asset custody since Pullix will give you all control. You must create a Pullix account, link it to a crypto wallet, and make a deposit. Once you begin trading, you will have complete custody over your assets.
The PLX native token powers this platform and is currently trading at $0.08 in Stage 6 of its presale. Those who bought it early on are experiencing a 100% ROI, this ROI has prompted global investors to stockpile this token, the main currency on Pullix. You may obtain a portion of Pullix’s daily revenue by staking the PLX token.
Additionally, Pullix will allow multi-currency staking, so feel free to stake other cryptos with Pullix for a fixed interest rate. With millions of tokens already sold and its ties to many flourishing markets, experts remain bullish about PLX’s long-term growth. They forecast a potential 580% surge before the presale ends and another 100x after this altcoin hits exchanges in Q1 of 2024.
Tezos News
Tezos (XTZ) X profile recently posted a “Game Changers” interview with Formula 1 driver Lando Norris. This development occurred as Tezos partnered up with McLaren, which Norris represents.
Furthermore, the Tezos crypto has been trading in the green lately, soaring from $0.86 on December 3 to $0.97 on January 3. The Tezos Fear & Greed index rating also shows a 70 (Greed) – a good bullish sign. Because of this, market analysts forecast the Tezos crypto trading at $1.31 by the end of February 2024. This makes XTZ one of the top DeFi projects.
Kusama Price Prediction
Kusama (KSM) has seen a noticeable upswing in the past month. According to CoinMarketCap data, the Kusama price has pumped from $25.82 on December 3 to $42.70 on January 3. Moreover, this altcoin recorded 17/30 (57%) green trading days over the last month alone.
The technical analysis also paints a bullish picture, with Kusama now having 24 technical indicators in the green. It is currently trading above its 21 and 50-day EMAs. Because of this, CoinCodex analysts predict that the Kusama price will surge to $54.26 in February 2024.
What Makes Pullix Stand Out Among Tezos and Kusama?
If we look at all three of these altcoins in greater detail, Pullix has a competitive edge. To clarify, PLX now has a market cap of $14M. This is a drastically lower market cap than Tezos and Kusama, which have $929M and $360M, respectively. As a result, PLX will only need $14M for its current price (and returns) to double.
For more information regarding Pullix’s presale see links below:
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