Solana (SOL) Back Above $100 but Can It Stay There? Pullix (PLX) Gearing Up To Launch Hybrid Exchange

The post Solana (SOL) Back Above $100 but Can It Stay There? Pullix (PLX) Gearing Up To Launch Hybrid Exchange appeared first on Coinpedia Fintech News

In the current DeFi market, Solana (SOL) has reclaimed the $100 mark. Thus, the cryptocurrency community is starting to want to talk about where it can potentially go next. Meanwhile, Pullix (PLX) has been gearing up to launch its hybrid trading platform. This Stage 7 presale project may evolve into the next 100x altcoin in 2024. Let’s find out why.

The Solana Price Charts Show Green

Recently, Solana (SOL) has been on a tear. According to CoinMarketCap data, the Solana price has pumped from $88.32 to $94 in the last week alone. At one point, it even rose to $105.86. During that time, its market cap also increased from $38.03B to $41.28B. Well-known crypto analyst Michaël van de Poppe predicts a future push to $140.

The technical analysis for this altcoin corroborates this theory, as 23 technical indicators show green. Additionally, Solana is now trading above its 50 and 100-day EMAs. Due to all these reasons, experts in the crypto field have made a bullish Solana price prediction. They forecast a potential price surge to $108 for the Solana crypto before the end of February 2024.

Pullix (PLX): A Game-Changing Hybrid Trading Platform

Pullix (PLX) has also made waves in its own right as it gears up for the imminent hybrid exchange launch. This DeFi project aims to redefine online trading by combining the best CEX and DEX features. As a result, traders from all over the world will experience deep liquidity, high leverage at 1000:1, and self-custodial portfolio management.

To distinguish itself from other platforms like Binance or Coinbase, Pullix will also allow the trade of all asset classes (including cryptos) on one account. This will open the doors to many flourishing financial markets, such as the OTC derivatives one, which BIS valued at $20.7T in 2022. The Pullix team will also include other exciting components in its ecosystem:

• Yield Optimizer: A DeFi yield optimizer that will let you earn compound interest on your cryptos.
• Copy Trading: The ability to replicate trades from other veteran traders and profit off their choices.

Traders will use the PLX native token as trading credits on Pullix. Holding it is crucial to obtain reduced trading fees or access to certain assets. Not only that, but PLX is the very first “Trade-to-earn” DeFi coin. To clarify, Pullix will provide PLX stakers with a percentage of the platform’s daily revenue. This means stellar passive income capability.

One PLX token is worth just $0.1 in Stage 7 of its presale. This is a 150% ROI for those who bought it early, but experts predict another 100x pump once this DeFi coin hits exchanges in Q1 of 2024. Having raised close to $5M and sold over 80M PLX tokens, it is clear that demand and hype for Pullix is high. Therefore, this price prediction looks pretty possible.

What Gives Pullix the Edge Over Solana?

With a low market cap of $20M, Pullix has an opportunity for massive growth. In other words, PLX will have to obtain less new money for its price (and returns) to rise. This gives Pullix an advantage over Solana, which needs double the amount for a noteworthy surge.

If you wish to purchase this altcoin, now is the perfect time, as Pullix is also offering a 10% bonus on each purchase. You may even win a $250 cash prize by participating in the Pullix Meme Contest.

For more information regarding Pullix’s presale see links below:

Visit Pullix 

Join The Pullix Communities