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As the DeFi market continues evolving, Pullix (PLX) will emerge as a promising market disruptor. It is now gearing up to launch its unique hybrid exchange in less than a month. Numerous analysts hint that this altcoin, now in Stage 7 of its presale, may become the next 30x token in 2024. But can it outpace Solana (SOL) and Chainlink (LINK)? Let’s find out.
Pullix (PLX): Amazing Presale Performance
The Pullix (PLX) presale has been making headlines recently with only two stages to go. Notably, it is now close to raising $4.9M and has over 15,000 registrations so far. The interest in this DeFi project is sky-high. This interest may continue rising as Pullix has announced that buying the PLX native token now will give investors a 10% bonus.
The PLX token is the backbone of the Pullix hybrid exchange. This platform wants to take the best features from CEX and DEX, and merge them together. Therefore, traders can experience deep liquidity and access to all asset classes (including cryptos). Its launch is fast approaching as the Pullix team aims for a March release.
What makes the PLX token so unique is the “Trade-to-Earn” revenue-sharing model. With this model, Pullix will reward PLX stakers with a piece of its daily earnings. As an additional passive income opportunity, this DeFi project also implements a token burn feature. This feature will reduce the token supply and increase its value – a great benefit for long-term PLX holders.
Currently, one PLX token is worth $0.10 – a 150% ROI for those that bought it early. But this is just the beginning, as analysts predict another 1,000% pump once a Tier-1 CEX lists this altcoin in Q1 of 2024. This price prediction looks achievable thanks to its ties to the $40T worth of OTC derivatives market.
Arthur Hayes Remains Bullish for Solana (SOL)
Recently, there were some exciting Solana (SOL) developments. Most notably, billionaire Arthur Hayes stated that getting back on the Solana train might be a good idea. Over the past week alone, the Solana price has been green as it rose from $87.50 to $100.49. Its market cap also increased from $38B to $43B in that time.
From a technical analysis standpoint, this bullish trend may continue for this altcoin. In other words, 25 technical indicators are showing bullish signals. The Solana crypto is trading above its 50- and 100-day EMAs. Analysts note all these factors when making their Solana price predictions. Thus, they forecast a potential surge to $113.04 in March 2024.
Michaël Van De Poppe With a Bullish Chainlink Price Prediction
Crypto analyst Michaël van de Poppe also made headlines with his Chainlink (LINK) price prediction. According to his new tweet, if ETH picks up the pace, the Chainlink crypto may see a run to $25-30 soon.
CoinMarketCap data shows that the Chainlink price has increased from $13.77 to $18 over the last seven days. During that period, its market cap pumped from $7.84B to $10.22B. Sentiment for this altcoin is bullish, with a Fear & Greed index rating of 63 (Greed). As a result, experts forecast a pump to $21.48 in March 2024 for Chainlink.
Will Pullix Outpace Solana and Chainlink?
Pullix has the potential to outperform giants like Solana and Chainlink. The key here is its low market cap of $20M. To clarify, PLX doesn’t need a large amount of new money coming in for the price to skyrocket. That makes PLX one of the best altcoins to watch.
For more information regarding Pullix’s presale see links below:
Visit Pullix
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/02/05/pullix-exchange-surpass-solana-chainlink/