The post Tron (TRX) or Toncoin (TON): Here Is Why You Should Be Looking at Pullix (PLX) Instead appeared first on Coinpedia Fintech News
As the DeFi market grows, there are countless tokens for investors to choose from. Tron (TRX) and Toncoin (TON) are familiar names, but Pullix (PLX) is a new altcoin that should also be on your radar. This presale star, currently in Stage 6 of its presale, has raised over $4.3M and sold close to 80M tokens. Analysts even hint it may become the next 100x token in 2024.
Tron (TRX): New Listing on Mercado Bitcoin
Recently, there was some exciting Tron news. Most notably, Tron announced that Mercado Bitcoin, Brazil’s biggest crypto exchange, decided to list the TRX token. In terms of the Tron coin price movement, it has fluctuated between $0.10 and $0.11 in the past 30 days. Additionally, its market cap rose from $9.19B to $9.70B.
The technical analysis for this altcoin also paints a bullish picture, as it now has 26 technical indicators in the green. Because of this, market analysts predict that Tron may trade at the $0.116 level within Q1 of 2024.
Toncoin (TON): Advanced AI Technology by AigentX
Meanwhile, AigentX has announced a public community test to help Toncoin (TON) developers. They also announced the launch of an AI Support Agent designed to improve Toncoin (TON) app development.
After this Toncoin news, its value saw a rise. During the past week, it surged from $2.11 to $2.22. Its market cap also rose from $7.27B to $7.66B in that period. As this altcoin now trades above its 50 and 100-day EMAs, experts in the field forecast a growth to $2.32 before February 2024 ends.
Pullix (PLX): A Future Member of the Top Altcoins
Pullix (PLX) is making headway as a pioneering hybrid trading platform set to disrupt online trading. This DeFi project will accomplish this by integrating the best DEX and CEX features in one space. As a result, global traders will benefit from heightened liquidity and access to all asset classes (including cryptos) on one account.
Also, users will not have to worry about high trading fees as Pullix implements 0% commissions on trades and raw spread trading. While this innovative exchange is the main attraction, the Pullix team is also developing other features like:
Lending Protocol: A lending protocol creating money markets for lending and borrowing.
VaultX: A yield optimizer that lets you earn compound interest on your crypto.
Interest in this DeFi project is sky-high, with over 11,000 presale registrations. During this period, you can buy the PLX native token – the main currency on Pullix. What makes this token special is the fact that it is the first “Trade-to-Earn” crypto. In other words, Pullix will reward PLX stakers by giving them a percentage of their daily earnings.
One PLX is worth only $0.08 – a 100% ROI for those who bought it early on. With BIS valuing the OTC derivatives market at $20.7T in 2022, PLX’s long-term growth potential is stellar. Market analysts predict that this altcoin may pump by 1,000% once a Tier-1 CEX lists it following its launch in Q1 of 2024.
What Makes Pullix Stand Out Among Tron and Toncoin?
Pullix stands out from Tron and Toncoin with its notably low market cap of $16M. To clarify, this is a strategic advantage that suggests it requires fewer new funds to trigger a surge in price. This unique position makes Pullix an attractive altcoin for investors looking for potential rapid growth.