Investors keep an eye on new altcoins that could grow significantly as the cryptocurrency market develops. Among them, Pullix (PLX) has caught the attention of many in the DeFi space. With over 45M tokens sold and $2M raised in Stage 5 of its presale, some investors compare this presale star to Hedera (HBAR) and Immutable X (IMX). Let’s discover why many experts foresee this new ICO becoming the next 100x token in 2024.
Pullix (PLX): One of the Altcoins To Buy
According to a 2019 Triennial Central Bank Survey, the forex market sees a daily volume of $6.6T – and Pullix (PLX) has taken notice. This new DeFi project aims to tap into this flourishing market by creating a one-of-a-kind trading exchange that implements the best features of DEX and CEX. As a result, you will experience lower trading fees, high leverage starting at 1000:1, and the ability to trade all asset classes (including cryptocurrency) on one account.
This innovative approach will solve plenty of issues that currently affect this market. For instance, while the FTX crash and Binance settlement may have lowered user confidence in exchanges – Pullix will bring it back. With the main issue of these events being the lack of transparency surrounding asset custody, Pullix announced it is a non-custodial exchange. Thus, you can just connect your crypto wallet and start trading while keeping control over your assets.
Its native token, PLX, will power Pullix. It will give holders many benefits, like exclusive asset access and discounts on trading fees. One of the most intriguing features is the “Trade-to-Earn” model, promising PLX stakers a share of the platform’s daily transactions. You may even stake other cryptocurrencies with Pullix for a fixed interest rate – outstanding passive income capabilities.
Because of this, countless individuals are now rushing to buy this altcoin, which costs only $0.046 – a 15% increase from its starting price. But, it is in Stage 4 of its presale, and its value will rise as it advances. Some experts even foresee its value increasing by 580% before the presale concludes and another 100x after a major Tier-1 CEX lists it in Q1 of 2024. This makes PLX one of the top altcoins you can now buy.
Hedera News
Hedera (HBAR) recently announced that it has integrated WalletConnect into its network. With this integration, users will now experience increased compatibility and interoperability. After this news, the Hedera crypto value rose from $0.070 on December 18 to $0.090 on December 27.
The technical analysis of Hedera also paints a bullish picture, as 27 technical indicators are showing green. Moreover, this altcoin is now trading above its 100 and 200-day EMAs, causing a bullish sentiment.
As a result, market analysts forecast that the Hedera coin could hit $0.0998 in January 2024.
Immutable X Price Increase After Major Development
Meanwhile, Immutable X (IMX) launched its Immutable Passport – allowing you to play new games and explore marketplaces from one account, which carries over to all of them. After this news, the Immutable X value jumped from $2.11 on December 19 to $2.49 on December 27.
There is bullish sentiment surrounding the Immutable X token as its Fear & Greed index rating shows 73 (Greed). Furthermore, over 26 technical indicators are showing green for this altcoin.
Experts in the crypto field have taken note of all these indicators when making their Immutable X price prediction. They foresee its value reaching $2.71 in January 2024 – making IMX one of the altcoins to watch.
In Closing
The comparison between Pullix and other notable altcoins like Hedera and Immutable X shows the growing significance of PLX within the DeFi market. When taking a closer look, we can notice a significant advantage to PLX as it only has a market cap of $9.2M, which means it will surge much faster as fewer new funds are needed for its price to jump. Meanwhile, HBAR and IMX have market caps of $3B, which may hinder their growth. Thus, Pullix is the crypto to buy.
For more information regarding Pullix’s presale see links below:
