In the DeFi market, new contenders always emerge while established coins battle for dominance. Recently, Pullix (PLX) – a new ICO, entered Stage 5 of its presale while raising $2M. Some experts have even pegged PLX as the next 100x token in 2024. Meanwhile, altcoins like Polygon (MATIC) and NEAR Protocol (NEAR) continue competing. Let’s see why.
Pullix (PLX): One of the Top DeFi Coins
Pullix (PLX) has drawn attention by entering Stage 5 of its presale, signaling great interest from the crypto community. This innovative DeFi project aims to become a fan-favorite trading platform by merging the best CEX and DEX aspects into one place. As a result, traders worldwide will experience deep liquidity, access to all asset classes (including cryptos) and high leverage at 1000:1 on Pullix.
With the fall of FTX and the Binance settlement, traders are losing confidence in significant exchanges. The leading cause of this is the lack of transparency surrounding asset custody. But Pullix will eliminate this as it is a non-custodial exchange. All it requires is for users to connect a crypto wallet and make a deposit. Afterward, you are free to trade – giving all power back to you.
While this exchange is the main attraction, the Pullix team will also introduce other components:
- Pullix’s DeFi swap simplifies token exchanges, guaranteeing minimal transaction fees for seamless trades.
- Copy Trading uses AI-powered algorithms, enabling you to replicate trades made by top-performing traders.
- Trade-to-Earn functionality allows for immediate receipt of credited tokens through the mechanism.
The PLX native token serves as the main currency on this platform and powers all these features. You will receive a percentage of Pullix’s daily revenue by staking it. Even other crypto currencies can be staked to Pullix under a fixed interest rate. All these benefits are why investors are now stockpiling this DeFi coin.
It is now worth just $0.07 – a 75% increase from its starting price. Demand is high, with over 7.8M PLX tokens already sold. This fact, plus that Pullix may dominate the Forex market, which a 2019 Triennial Central Bank Survey claims has a $6.6T daily volume, makes analysts bullish about PLX’s long-term growth potential. They forecast a 100x pump after PLX hits exchanges in 2024 – excellent returns if you buy it now.
Polygon Price Prediction
Crypto analyst Michaël van de Poppe recently predicted bullish Polygon (MATIC) prices. According to him, the Polygon price may reach $1.30 soon. This altcoin’s value has increased from $0.84 on December 23 to $0.95 on December 30.
The Polygon crypto may continue this bullish trend as its technical analysis also signals a bright future. Over 28 technical indicators are green, while its Fear & Greed index rating is 68 (Greed).
Because of this, even CoinCodex analysts predict that the Polygon price will hit the $1.06 level before January 2024 ends.
NEAR Protocol News
Recently, the CEO of Proximity Labs, Kendall Cole, revealed some insights into the upcoming 2024 developments of NEAR Protocol (NEAR). He focused on BOS, which aims to merge interfaces across various chains.
The NEAR Protocol crypto value movement jumped from $3.31 on December 23 to $3.63 on December 30. It now sits above its 50 and 100-day EMAs. Moreover, NEAR Protocol recorded 19/30 (63%) green trading days over the last month alone.
As a result, experts in the field foresee this token reaching a value of $3.99 in January 2024 – making NEAR one of the altcoins to watch.
Final Thoughts
These three tokens are good cryptos to watch in the coming months. However, Pullix will stand out as it has a drastically lower market cap than its peers. To clarify, PLX has a market cap of $14M while Polygon and NEAR Protocol’s are $9.1B and $3.6B, respectively. This means PLX will surge much faster as fewer new funds are required. It would only need $14M for its value to double – making it one of the best DeFi coins you can now buy.
For more information on Pullix’s presale, see the links below:
Visit Pullix
Join The Pullix Communities
Source: https://blockchainreporter.net/pullix-plx-enters-stage-5-of-its-presale-while-polygon-matic-and-near-protocol-near-continue-battling-for-market-dominance/