The DeFi market is once again buzzing with excitement as three prominent tokens, Pullix (PLX), Shiba Inu (SHIB), and Optimism (OP), take center stage.
While SHIB and OP are already established DeFi coins, PLX is a Stage 5 presale star that has already raised $2.3M.
Pullix (PLX): What You Need to Know
Pullix (PLX) has been a rising presale star, capturing the spotlight with its innovative approach to DeFi. With a hybrid exchange that combines the best features of centralized and decentralized platforms, Pullix is redefining online trading. On this platform, you will find a high leverage starting at 1000:1, deep liquidity, and low trading fees.
While significant exchanges like Coinbase or Binance only offer crypto trading, this unique platform enables the trade of cryptocurrencies and all asset classes. This promises to improve convenience for all parties involved. Traders may tap into the Forex market, which a 2019 Triennial Central Bank Survey stated saw a daily volume of $6.6T.
The PLX native token is the main currency users will use on the platform while earning various benefits if they hold it. Perks such as reduced trading fees, access to specific asset classes, and more are obtained by holding the PLX token. But, what makes it stand out is its “Trade-to-Earn” model, which brings PLX stakers a percentage of Pullix’s daily revenue.
This passive income capability is why over 5 million PLX tokens have already been sold in Stage 5. One PLX token costs $0.07. Since it brings something new, many market analysts are confident that Pullix has growth potential.
Shiba Inu News
Shiba Inu (SHIB) team member Lucie recently pointed to a new D3 Global X post. In this post, D3 Global provided a link to a platform enabling Shiba Inu coin holders to register for early access. This opportunity allows them to reserve their personalized .shib domain names, potentially resolving in the global DNS.
This meme coin’s value movement has increased from $0.00001055 on December 22 to $0.00001062 on December 29. Additionally, Shiba Inu trades above its 50 and 100-day EMAs – good bullish signs.
Optimism Price Outlook
Prominent crypto analyst Ali Martinez recently highlighted Optimism (OP). According to him, the coin is in price discovery mode and may reach $6 soon. Its value recently jumped from $2.83 on December 22 to $3.66 on December 29.
From a technical perspective, this bullish trend may continue for Optimism as it has experienced 16 green trading days over the last month alone. Moreover, the Fear & Greed rating shows a 65 (Greed) for this altcoin.
The unique developments of these tokens have made them stars in the DeFi market. Shiba Inu and Optimism have market caps of $6.2B and $3.3B, meaning they would need a large influx of new funds to raise prices. PLX boasts a lower market cap, which carries both positives and certain drawbacks.
For more information regarding Pullix’s presale see the links below:
Visit Pullix Presale
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Source: https://cryptopotato.com/pullix-plx-shiba-inu-shib-and-optimism-op-creating-waves-in-the-flourishing-defi-market/