Recently, established altcoins like Bitcoin Cash (BCH) and Ethereum Classic (ETC) have experienced a shift in fortunes. As these old-timers face challenges, a new contender, Pullix (PLX), has emerged to steal the spotlight. This new project, currently in Stage 6 of its presale, could even evolve into the next 10x token in 2024, as per some analysts. Let’s find out why.
Bitcoin Cash Price in the Red
The Bitcoin Cash (BCH) crypto has been on a downtrend recently. CoinMarketCap data shows its value has fallen from $273 to $239 in the past week alone. Its market cap plummeted from $5.35B to $4.69B during that time.
However, the technical analysis paints a different picture, as Bitcoin Cash trades above its 100 and 200-day EMAs. Because of this, market analysts foresee its value reaching $346.98 within Q2 of 2024 in their Bitcoin Cash price predictions.
Ethereum Classic Shows Bleeding Charts
The Ethereum Classic (ETC) crypto has been in the same position as its value has plummeted by 17% in the past week alone. During that time, the Ethereum Classic price has fallen from $30.43 to $25.20 with a market cap of $3.8B.
The technical analysis for this altcoin also shows bearish sentiment, with only 13 green trading days over the last month. Thus, even bullish experts in the crypto field have made a modest Ethereum Classic price prediction. According to them, this DeFi coin may trade at the $38.91 level within Q2 of 2024.
Pullix (PLX): One of the Best New ICOs
Meanwhile, Pullix (PLX) is a new DeFi project gaining traction. It will introduce a new hybrid trading platform that combines all the good things about centralized and decentralized exchanges. It’s truly a powerful combo. This is great for people tired of using the same exchanges and still want to experience new features.
Pullix ARMY is OFFICIALLY 3500+ Strong! 😤😤😤
Our community growth is absolutely EXPLODING as we smash presale records left and right!
Now over 3,500 believers are certified $PLX HODLers! With a whopping 11,000 users registering for the $PLX presale.
At this trajectory, NO… pic.twitter.com/Ik38PB8S1C
— Pullix (@Pullixmarkets) January 16, 2024
This innovative approach will remove all issues plaguing the online trading market. For instance, you can access all asset classes (Forex, gold, cryptos) on one Pullix account. This is a great advantage over many platforms, such as Binance or Coinbase, which only focus on one asset – cryptocurrencies.
While the exchange is the main focus of the project, Pullix will also bring other components, such as:
- Copy Trading: A feature allowing you to copy trades from other experienced traders and capitalize off their choices.
- Lending Protocol: A lending protocol will bring money markets for borrowing and lending.
The PLX native token powers all these Pullix features. It is also the very first “Trade-to-Earn” crypto. In other words, you will receive a portion of Pullix’s daily revenue just by staking this altcoin. Pullix also supports multi-currency staking where you can stake other cryptos like ETH or DOGE. Depending on your lock-up period, this rate may vary from 8% to 18%.
One PLX token costs just $0.08 in Stage 6 of its presale. Those who hopped on board earlier are already seeing a 100% ROI. But, with ties to the Forex market (the biggest market in the world as per Baby Pips), this percentage is bound to increase as time passes. In fact, experts foresee a 10x pump once PLX hits exchanges in Q1 of 2024.
What Sets Pullix Apart From Bitcoin Cash and Ethereum Classic?
Pullix has the lowest market cap of just $16M of the three coins. In other words, this market cap gives it more room to move in price. It is also easier to push up with fewer new funds, while Bitcoin Cash and Ethereum Classic may struggle. With a daily portion of its profits provided to its clients via the revenue share feature implemented on the platform, Pullix has the characteristics to become a 10x token upon launch.
For more information regarding Pullix’s presale see links below:
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