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The post Cosmos (ATOM) And Chainlink (LINK) Whales Back Exchange Hybrid Pullix appeared first on Coinpedia Fintech News
The DeFi market has seen a significant shift recently. Notably, whales associated with Cosmos (ATOM) and Chainlink (LINK) rally their support behind the hybrid exchange platform Pullix (PLX). This Stage 6 presale star has already obtained $3.2M while providing early buyers a 100% ROI. Moreover, some experts even foresee a 100x pump in 2024 – let’s find out why.
Cosmos Crypto News
The Cosmos (ATOM) community recently initiated voting to establish the minimum inflation rate for the ATOM token at 0%. Presently, nearly 93% of community participants are supporting the proposal. This commenced on January 9 and will conclude on January 23.
In terms of the Cosmos coin value movement, it has jumped from $9.56 on January 8 to $9.77 on January 9. Sentiment around this altcoin is bullish, with its Fear & Greed index rating at 76 (Extreme Greed). Because of this, market analysts predict that the Cosmos crypto may trade at $10.04 by the end of February 2024.
Chainlink Price Prediction
Meanwhile, crypto analyst Rekt Capital has made a bullish Chainlink (LINK) price prediction. According to him, the Chainlink crypto will be fine as long as it holds the $13 support level. CoinMarketCap data shows us that the Chainlink price has jumped from $13.64 on January 8 to $13.66 on January 9.
From a technical analysis perspective, this altcoin could continue this bullish trend. Notably, it now trades above its 100 and 200-day EMAs. As a result, experts in the crypto field foresee the Chainlink crypto value reaching $18.17 before Q1 of 2024 ends.
Pullix (PLX): One of the Best DeFi Coins
Whales from these two altcoins are now rushing to the Pullix (PLX) presale. It recently entered Stage 6 of its presale with a 20% limited time token bonus going live. Currently, those who bought the PLX native token in Stage 1 of its presale are enjoying a 100% ROI. This has made countless whales flood this crypto ICO event.
At its core, Pullix aims to differentiate itself from platforms such as Binance or Coinbase. It will accomplish this by creating a hybrid trading platform that combines the best CEX and DEX features. Therefore, traders can expect deep liquidity, low trading fees, and access to all asset classes (cryptos included) on one account.
While this exchange is the central pillar of Pullix, its team will also introduce other components, such as:
- VaultX: A decentralized, multi-chain yield optimizer designed to help users earn interest on their cryptocurrency holdings.
- Lending Protocol: This feature will introduce money markets, facilitating lending and borrowing.
The PLX native token is the fuel behind all these features and the main currency for trading on Pullix. Every day, Pullix will distribute a portion of its income among the PLX stakers as well.
Currently, PLX is worth only $0.08. Over 60M tokens have been sold already. This high demand has made experts bullish as they foresee a potential 580% growth before its presale ends. Once PLX hits exchanges in Q1 of 2024, it may even soar by 100x – making it the best crypto to buy right now.
Can Pullix Outpace Cosmos and Chainlink?
While all three of these altcoins are worth monitoring, it is clear that Pullix has a competitive edge. The key here is its low market cap of $16M. This means PLX will surge way faster as it needs only $16M for its current price (and returns) to double. Meanwhile, Cosmos and Chainlink have market caps of $3.7B and $7.6B – causing whales to look at Pullix.
For more information regarding Pullix’s presale see links below: