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The Axie Infinity (AXS) crypto has declined under the $8 price level in the past trading sessions. Its price is now hovering near the support zone and has not yet made a comeback, and the inflow of buying volumes is down. Decentraland (MANA) has also struggled to maintain investor interest. As a result, the Pullix (PLX) presale has picked up a lot of attention, as it is a daring new DeFi project that can solve key issues in the industry.
Axie Infinity (AXS) Struggles to Maintain Interest – Can It Rise?
Axie Infinity (AXS) has decreased in value by 8.5% during the past week. The double bottom pattern, also known as the “W” pattern, has been noted, indicating that the price could possibly make its way to the upper levels at some point in the future. For the time being, however, the market sentiment on the Axie Infinity crypto’s future is negative.
The crypto is under the 20-day and 50-day EMAs, suggesting neutral sentiment on the chart. In addition, the Axie Infinity price initially increased to $8.92, almost breaking past the $9 price barrier, before retrading and finding support at $7.60. According to the Axie Infinity price prediction, it can end 2024 at a value of $11.14.
Decentraland (MANA) is also bearish on the charts and has seen a total year-to-date (YTD) decline of 32%. Moreover, during the past week, the crypto moved from $0.44 to $0.49 before finding support again at $0.43, indicating a weekly decrease of 8.2% for the Decentraland crypto.
The Decentraland price has the potential to climb again, but the current on-chart metrics highlight a bearish price action. According to the Decentraland price prediction, it can end 2024 at a value of $0.6537
Pullix (PLX) Attracts Interest With New DeFi Features
Pullix (PLX) is attracting investors with advanced DeFi features through which it can completely change how they access the TradFi space. The exchange will feature elements found in CEXs and DEXs to create a unified experience. Pullix Swap will be a major part of the ecosystem and will have a fee of 0.25%.
Pullix ARMY is OFFICIALLY 3500+ Strong! 😤😤😤
Our community growth is absolutely EXPLODING as we smash presale records left and right!
Now over 3,500 believers are certified $PLX HODLers! With a whopping 11,000 users registering for the $PLX presale.
At this trajectory, NO… pic.twitter.com/Ik38PB8S1C
— Pullix (@Pullixmarkets) January 16, 2024
This can occur every time an exchange happens on the platform, the amount that is gained will then be added to the Pullix Pool. This will result in LP tokens. Once they are sold, PLX will be adequately distributed to PullixLP holders.
Transactions will also occur through a dedicated off-chain order book. Moreover, Pullix will feature CFDs and perpetual futures alongside a dedicated vault. During Stage 6, PLX trades at $0.08. Its blockchain ICO is picking up massive attention, as over 70 million tokens have been sold. Also implementing a revenue share feature Pullix will reward its holders with a share of daily profits, this has seen many investors searching for a passive income flock to purchase Pullix at launch analysts project an upswing of 10x.
Summary
While Axie Infinity and Decentraland are struggling to attract investors, the Pullix presale has managed to do that. This upcoming DeFi project will be revolutionary in the TradFi space, and with its high-growth potential, it is appealing to traders globally.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Source: https://finbold.com/once-hot-metaverse-tokens-axie-infinity-axs-and-decentraland-mana-struggle-to-attract-interest-over-new-defi-darling-pullix-plx/