Pullix (PLX) Price Prediction: Can It Surge Past Titans Cardano (ADA) and Arbitrum (ARB) in 2024?
As the DeFi market expands, new projects like Pullix (PLX) are standing out to investors and analysts. This project, now in Stage 7 of its presale, may even evolve into the next 30x altcoin in 2024. But does it have what it takes to leave well-established tokens like Cardano (ADA) and Arbitrum (ARB) in the dust? Let’s find out.
Pullix (PLX), a hybrid trading platform, is preparing to launch next month. It has already turned heads with its stellar crypto ICO event performance. So far, the project is in Stage 7 but has already onboarded 15,000 users and raised nearly $5M. This number is bound to increase as Pullix now also offers a 10% bonus on each purchase.
At its core, Pullix aims to revolutionize the online trading space. This DeFi project will accomplish this by bringing together the best of DEX and CEX. As a result, traders will have a unique trading experience where they can access all asset classes (Forex, gold, cryptos, etc.) and self-custodial portfolio management.
Holding the PLX token will bring many perks, like reduced trading fees and access to certain assets. What has attracted most investors is its “Trade-to-Earn” revenue-sharing model. To clarify, Pullix will provide all PLX stakers with a percentage of its daily earnings - a feature benefiting both Pullix and stakers.
Those who bought the PLX token early on are now enjoying a 150% ROI as its price sits at $0.10. However, two more presale stages are left, and as the presale progresses, more price hikes are coming. In fact, experts forecast a 30x pump once a Tier-1 CEX lists this altcoin in Q1 of 2024.
Cardano Foundation Reveals 2023 Activity Report
Cardano (ADA) has also seen some exciting developments recently. In a recent blog post, the Cardano Foundation revealed the key adoption milestones for 2023. One big milestone was partnering with U.S.-based sports brand Epoch Sports and Merchandise to bring NFC-embedded lacrosse jerseys to market.
This Cardano news has helped the token’s value. Over the last week, the Cardano crypto has surged from $0.48 to $0.51. Its market cap also rose from $17.15B to $18.20B. Sentiment is bullish for this altcoin as it now trades above its 100 and 200-day EMAs. Thus, experts predict that Cardano may trade at $0.52 in March 2024.
Arbitrum (ARB): Cross-Chain Restaking Coming Soon
In a recent tweet, Arbitrum (ARB) announced that cross-chain restaking will soon be available. Thanks to a collaboration between Renzo and the Connext Network, this development will become a reality. With this feature, users can restake tokens seamlessly on Arbitrum.
This bullish Arbitrum news may cause a rally for the token. The Arbitrum crypto value has grown from $1.76 to $1.80 in the past week alone. Its market cap increased from $2.25B to $2.85B during that time. As a result, market analysts foresee this altcoin trading at $1.98 in March 2024.
Can Pullix Outpace Cardano and Arbitrum?
With a current market cap of $20M, Pullix is positioned to grow much faster than the bigger altcoins like Cardano and Arbitrum. Plus, it has real-world ties to the OTC derivatives market, which BIS valued at $20.7T in 2022. This means its resilience and growth potential are higher. Thus, PLX could become the best crypto to invest in for quick returns.
For more information regarding Pullix’s presale see links below: