As the overall market is rebounding, investors are eagerly looking to find profit-making projects. VeChain (VET) and Fantom (FTM) have been able to make their way to investors’ lists. However, the rise of these cryptocurrencies looks small when compared to the growth of Pullix. This new project’s market viability and high-value proposition have made it a favorite among investors
VeChain (VET) Unveils Marketplace For Nodes
The VeChain (VET) network is taking measures to expand its ecosystem and user base. Recently, VeChain (VET) has rolled out an update to its Node Rewards platform. With this update, VeChain (VET) aims to introduce a marketplace for node transactions.
VeChain (VET) believes this marketplace will improve the way Economic Nodes and X nodes are managed in its ecosystem. It will offer a centralized hub where VeChain (VET) users can view listings or sell, buy, and transfer nodes.
Meanwhile, the market price of VeChain (VET) has risen by 40% in the past month. Therefore, the current trading price of VeChain (VET) is $0.0296.
Fantom (FTM) Transactions Make Profits
The Fantom (FTM) network recently experienced a sudden rise on December 14. Thus, the market value of Fantom (FTM) is up by 12% on the weekly chart.
Currently, a Fantom (FTM) token is available to purchase at $0.41. On-chain data shows that Fantom (FTM) transactions have also been yielding profits. As per the data from Santiment, Fantom’s (FTM) profit-to-loss ratio for the last week was 2.5.
Thus, for every Fantom (FTM) transaction that incurred a loss, 2.5 transactions were profitable. Besides, the data also shows that the accumulation of Fantom (FTM) is more than its distribution. It implies that investors anticipate a further rise in its price.
Pullix Presale Sets Ambitious Vision
As per a research report, the market size of online trading platforms can grow at an annual growth rate of 6.80% by 2032. Interestingly, the crypto exchanges have witnessed enormous surge lately. Now, Pullix has introduced the world’s first community-backed exchange.
It allows users to trade multiple assets like commodities, forex, cryptocurrencies, equities, ETFs, and more, from a single account. PLX will be the native cryptocurrency of the platform.
To trade on this platform, users can open an account using their email IDs. They do not need to follow any KYC process. Besides, traders can deposit a range of cryptocurrencies on the platform.
The platform’s ecosystem consists of several components. It includes Exchange, Lending Protocol, Swaps, and Yield Farming. VaultX is the platform’s decentralized vault. It allows traders to earn compound interest on their crypto holdings. Additionally, instead of periodic rewards, the platform provides traders with instantaneously credited tokens.
The PLX token owners will get several benefits. They will receive a share of the daily revenues generated by the platform. They can also stake their tokens to the liquidity pool to earn passive income. Moreover, Pullix offers institutional liquidity. Hence, traders can easily, and quickly convert their tokens into fiat or other cryptocurrencies.
The platform’s presale round is live. Currently, it is going through stage 3. A token now costs $0.044, while it was $0.04 at the start. It is likely to soar by 580% during the presale phase. Additionally, experts believe it to skyrocket by 10000% upon launch.
For more information regarding Pullix’s presale see links below:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
