The DeFi market is constantly growing, and innovative projects are launching daily. One such DeFi project is Pullix (PLX) – a hybrid exchange nearing its launch. Some analysts even foresee this Stage 7 presale star evolving into the next 100x token in 2024. But how will it compare to Chainlink (LINK) and Immutable (IMX)? Let’s find out.
Pullix (PLX): An Innovative Hybrid Exchange
Pullix (PLX) combines the best of both CEX and DEX to allow users an experience they never thought possible. The entire concept behind it is to offer low trading fees and access to all asset classes (including cryptocurrencies). This is something you’re not going to find on traditional platforms like Binance or Coinbase.
In the ongoing crypto ICO event, Pullix has already raised almost $5M. The strong community support has brought with it over 15,000 users and is a great indicator of interest in Pullix. With this substantial backing, Pullix is set to have a successful launch as well as continued growth. The Pullix team has announced its platform will launch in 30 days.
The project is now offering the PLX native token for early backers. This altcoin is the central pillar of the Pullix ecosystem. Holding it is vital if you wish to obtain reduced trading fees or access to certain assets. But what makes it stand out is its “Trade-to-Earn” revenue-sharing model. In other words, Pullix will reward PLX stakers with a piece of its daily revenue.
Currently, PLX is worth only $0.1 – a 150% ROI for those that bought it early. However, analysts predict another 100x pump is in store once a Tier-1 CEX lists it in Q1 of 2024. Plus, those who buy it now will receive a 10% bonus on each purchase.
Ali Martinez With a Bullish Chainlink Price Prediction
Meanwhile, crypto analyst Ali Martinez also made headlines with his Chainlink (LINK) price prediction. According to his new tweet, the Chainlink price may look primed for further gains. He claims it may reach a resistance level at the $20 mark.
CoinMarketCap data shows that Chainlink has been trading between $14.15 and $18.16 in the past week alone. During that time, its market cap has grown from $8B to $10.31B. Sentiment for this altcoin is also bullish, with 28 technical indicators in the green.
Because of this, market analysts predict that the Chainlink crypto may see a surge to $21.40 in March 2024.
Immutable (IMX): New Partnership With SuperVerse
Meanwhile, Immutable (IMX) has also seen some noteworthy developments. For example, Immutable recently announced that it will collaborate with SuperVerse. This partnership will bring a united front to drive Web3 gaming forward.
This Immutable news may cause a rally for the token. The Immutable crypto value has surged from $1.92 to $2.19 in the past week alone. In that period, its market cap has surged from $2.56B to $2.97B.
The technical analysis for this altcoin also paints a bullish picture with 25 technical indicators in the green. As a result, experts in the field foresee a potential pump to $2.43 in March 2024.
Can Pullix Provide Faster Returns Than Chainlink and Immutable?
While all these altcoins are worth watching, it is clear that Pullix has an advantage. Firstly, it has connections to the $40T worth of OTC derivatives market. This gives PLX resiliency and a higher growth ceiling. Secondly, PLX’s market cap sits at $20M – drastically lower than Chainlink and Immutable. Thus, PLX will soar faster as it needs fewer new funds for its price to surge.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Join The Pullix Communities
Source: https://blockchainreporter.net/pullix-plx-hybrid-exchange-nears-launch-set-to-eclipse-chainlink-link-and-immutable-imx/