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Pullix (PLX), a new decentralized finance (defi) project, has raised $3 million in the ongoing presale. Despite optimism, there are questions about how Pullix will compare to established players like Uniswap (UNI) and Polkadot (DOT).
Pullix presale
The Pullix presale in progress is being explored by investors.
The platform aims to launch a portal that combines centralized and decentralized exchange features.
It will allow users to access various financial markets, including cryptocurrencies, with deep liquidity and high leverage.
https://twitter.com/Pullixmarkets/status/1742518557831741808
PLX is the primary currency on Pullix. Stakers receive a portion of the platform’s daily revenue and trading fee discounts.
In stage 5 of its presale, PLX is available for $0.07.
Uniswap price analysis
The price and trading volume of Uniswap have been increasing in recent trading sessions.
Technical analysis also suggests that traders can consider UNI.
Market experts predict that UNI may reach $7.21 by the end of February 2024.
Polkadot news
Polkadot’s monthly revenue rose 6,759% in December.
As a result, DOT prices also rose from $5.53 on Dec. 5 to $7.70 on Jan. 4.
Analysts predict DOT will reach $8.37 by February 2024, considering its Fear & Greed index rating, which is now at 68 (Greed).
Pullix may outperform Uniswap and Polkadot
Pullix can be an altcoin to consider.
It has a low market cap of $14 million. In contrast, Uniswap and Polkadot have much higher market caps of $3.9 billion and $9.7 billion, respectively.
Due to UNI’s low liquidity, it has the potential for faster growth.
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Source: https://crypto.news/pullix-raises-2-5m-in-presale-uniswap-and-polkadot-rising/