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Pullix (PLX) has seen a major increase in attention from investors and traders as it has been dominating the charts, climbing by over 300% from its listing price up to now. Fueled by massive growth, consistent exchange listings and overall appeal, it has made a mark among Web3 circles.
To see just what kind of growth potential this altcoin has, we will be going over its on-chart metrics to determine just how far it can rise in 2024 and what kind of ROI early investors can expect from this project. We will also go over why this is the best new crypto to invest in.
Summary
Pullix (PLX) – A Hybrid Exchange Platform Set to Enter the $40T OTC Derivatives Market
Pullix (PLX) is a platform that leverages the best elements of CEXs and DEXs and combines them within a single experience that anyone can access without the need to undergo any KYC procedures. Moreover, the platform offers institutional, slippage-free trading in DeFi where any trades can get executed through the off-chain order book.
This can provide a speed advantage which is comparable to that of conventional CEXs. Moreover, it will enable anyone to enter the $40 trillion OTC derivatives market, where even if it gains a small percentage in market share, it can dominate the charts.
Key Catalysts for the Growth of the Pullix Platform
Other key aspects that help Pullix stand out include the advanced institutional trading tools which are powered by OpenAI. Moreover, it will feature a dedicated DeFi and NFT launchpad, a vault for the secure storage of cryptocurrencies, perpetual futures, CFDs and a lending protocol through which anyone can earn passive income.
Moreover, anyone can stake their PLX to the automated market makers (AMMs) in order to get a portion of the daily revenue generated on top of the platform. These aspects position PLX as the best cryptocurrency to buy now.
PLX Grows Over 200% on the Charts – Projected to Spike 5,000% by Q4, 2024
The cryptocurrency finished its blockchain ICO, and initially had a listing price of $0.168. Since then, it has increased to $0.6734, marking a monumental 300% rise in value. This remarkable level of growth has appealed to traders and investors on a global scale.
Not only that, but the token is now available on BitMart, XT.com, Uniswap, CoinMarketCap and CoinGecko. Alongside this, it will also get listed on top of MEXC on April 2, 2024, which is one of the largest CEXs, and the token’s third CEX listing in less than a month.
The platform launched officially on March 21, 2024, and anyone, during the first three days can access a demo account and explore its rich feature-set. There is also a dedicated Staking dApp where presale buyers can connect their DeFi wallet and then push a button to claim their tokens. As a result of all of these factors, PLX is seen as the best new crypto to invest in, especially as analysts project a 5,000% price upswing following further CEX listings.
For more information regarding Pullix see links below:
*This article was paid for. Cryptonomist did not write the article or test the platform.
