The new ICO Pullix (PLX) has recently made waves in the crypto market, selling over 8.2M tokens and raising over $1.6M in less than 4 weeks. This achievement is significant as it is currently in Stage 5 of its presale after completing Stage 4 in less than a week. With plans to surpass both Kaspa (KAS) and Tezos (XTZ) soon, many experts have it pegged as the next 100x token in 2024. Let’s find out why.
Pullix (PLX): One of the Top Crypto Coins
Pullix (PLX) has gained attention within the DeFi market for its innovative community-backed exchange. It will create a one-of-a-kind hybrid trading platform that combines the best DEX and CEX features. This approach will solve plenty of problems in the online trading sector. For example, you will no longer need to worry about high trading fees as Pullix will charge 0% commissions on trades while implementing raw spread trading.
Moreover, the recent FTX crash and Binance settlement have raised questions about the custody of user assets. But Pullix is ahead of the game by allowing you to connect your wallet, deposit crypto, and trade all asset classes (including cryptos) on one account. This means that Pullix is a non-custodial exchange, leaving all asset control to you.
While this exchange will be the main attraction, the Pullix team will also implement other components:
- Swaps: Access a DeFi platform with minimal fees via a simplified token swap feature.
- Copy Trading: Utilize an AI-backed algorithm for copying successful traders based on personal goals and preferences.
- Yield Farming: Participate in Yield Farms to earn PLX by staking LP Tokens, contributing to liquidity.
The PLX native token powers all these features and will be used as the main currency on the platform. It costs just $0.046 as it is in Stage 4 of its presale. Global investors are flooding this crypto ICO event as holding this token is very beneficial. By staking the PLX token, you will receive a percentage of Pullix’s daily revenue. Additionally, Pullix will implement a burn mechanism, reducing the token supply and potentially increasing the price.
Thanks to its ties to the Forex market, which Baby Pips claims is the biggest right now, Pullix’s long-term growth potential is excellent. Early buyers of PLX are currently enjoying a 15% ROI. Because of this, market analysts foresee its value rising by 580% before the presale ends and another 100x after a Tier-1 CEX lists it. This makes Pullix one of the top DeFi projects.
Kaspa Price Prediction
The analyst behind the ARCHETYPE YouTube channel recently made a bullish Kaspa (KAS) price prediction. According to his new YouTube video, the Kaspa price may reach $5-6 in 2024. In terms of its value movement, it dropped from $0.1091 on December 20 to $0.1043 on December 27.
However, the technical analysis for Kaspa paints a more bullish picture as it trades above its 21 and 50-day EMAs. Moreover, its Fear & Greed index rating shows a 73 (Greed) – good bullish signs.
Due to all these reasons, CoinCodex analysts foresee the Kaspa crypto reaching a value of $0.108 in January 2024.
Tezos News
After making a noteworthy partnership announcement between it and Sugarverse, Tezos (XTZ) has been on an uptrend. This development marks a crucial step in merging Tezos blockchain technology with mobile gaming.
After this news, the Tezos crypto surged from $0.87 on December 21 to $1.08 on December 27. From a technical perspective, this bullish trend may continue as Tezos recorded 18/30 (60%) green trading days with 6.59% price volatility over the last month alone.
As a result, experts in the crypto field predict that this altcoin may sit at $1.11 in January 2024.
Conclusion
Pullix stands out thanks to its low market cap of $9.2M when comparing all three of these altcoins. To clarify, Kaspa and Tezos have market caps of $2.3B and $1B, which means they will need a large influx of new funds to experience significant growth. Meanwhile, Pullix will not have this issue as only $9.2M is required for its value (and returns) to double. With this advantage, PLX could soon become one of the top 10 altcoins on the market.
For more information regarding Pullix’s presale see links below:
