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A new presale token, Pullix, has emerged with the potential to challenge top altcoins like Maker and Shiba Inu. Their price movements have been slow in the past weeks, giving Pullix a chance to steal investors’ attention.
Pullix (PLX) Presale Numbers Keeps Going Up
Pullix (PLX) is one of the top altcoins that has experienced parabolic price growth in the last month. It has risen by 100% from a starting price of $0.04 to $0.08. During this time, over 3,500 people have purchased the $PLX token.
Furthermore, over $3.7 million has been invested in the project, demonstrating growing investor interest. Pullix has successfully sold over 10 million tokens thus far in Stage 6. It has generated this much attention by combining elements from CEX and DEX, making this DeFi project a hybrid trading platform.
The main goal of the platform is not just to solve persistent problems of other models of crypto exchange. It is fast becoming a top trading platform thanks to its low fees, tight spreads, and enhanced transparency.
The platform will also deal with the liquidity problem that has long prevented DEXs from being widely used. Users are encouraged to engage in markets such as FX, which has greater trading volumes.
Pullix can offer significantly more competitive pricing than other huge platforms. Furthermore, it does not require KYC to trade, allowing traders to deal anonymously. The DeFi project allows users to preserve their private keys easily. Pullix will launch in Q1.
Maker (MKR) Sees Interest From Whales
On-chain evidence indicates that whales are acquiring significant quantities of Maker (MKR), a DeFi coin. According to ScopeScan data, Anchorage Digital, a digital asset custody service, bought a large amount of MKR on January 15th.
The corporation purchased 12,103 MKR tokens from Coinbase, a popular cryptocurrency exchange in the United States, for around $24.7 million. Two other whales purchased 2350 $MKR and 2452 $MKR from Binance. Notably, whale accumulation comes as the DeFi scene recovers from its bearish movement.
Last year, Maker coin was one of the best-performing DeFi coins, increasing by more than 200%. Currently, the Maker coin price is fluctuating between $1,769.47 and $2,225.67 on the 7-day price chart. Analysts have predicted a 20% price surge in the coming days.
Shiba Inu (SHIB) Price Prediction
Shiba Inu (SHIB) has seen a little upsurge in the past week despite the poor sentiment in the market. According to CoinMarketCap, Shiba Inu coin has increased 4.2% on the weekly timeframe as it trades between $0.000009217 and $0.00001049.
This might signal that investors are becoming interested in the meme coin. Interestingly, this price rise occurred after the Shiba army burned millions of tokens last week. The last month has been notably serious for the Shiba Inu community with regard to their token burn.
The higher burn rate finally proves to be beneficial. The RSI of Shiba Inu is below the 50 mark despite being above both its However, Coincodex predicts that the price of Shiba Inu will increase by 8.67% and reach $0.00001048
Final Thoughts
Maker and Shiba Inu are already big names in the crypto space. However, their recent price action has been rather sluggish for the past month. In contrast, Pullix has been on a rally, crossing various milestones. That puts it at the top spot for potential altcoins market leaders in 2024.
Moreover, the waiting period for its launch is almost over. Pullix is set to launch in the coming weeks. You do not want to be left behind with the potential Pullix offers. The hybrid trading platform is set to be one of the best in the crypto exchange space due to its variety of features.
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
