The DeFi market is going wild after the Pullix (PLX) presale caught the eyes of investors all over. In Stage 7, it has raised close to $5M. It’s gone so haywire that it’s causing a mass exodus of investors from big altcoins like Arbitrum (ARB) and Sei (SEI). Keep on reading and find out why.
Pullix (PLX): Joins the Top ICO List
Pullix (PLX) has gained momentum recently as it entered Stage 7 of its presale. It has already onboarded 13,000 individuals while also gaining 3,500 community members. Evidently, people are excited about Pullix and the innovation that it will bring to the online trading sector.
At its core, Pullix will establish a one-of-a-kind hybrid trading platform that combines the best of CEX and DEX. On this platform, global traders will experience deep liquidity, high leverage at 1000:1, and self-custodial portfolio management. Plus, unlike Coinbase or Binance, Pullix has an advantage since it allows the trade of all asset classes (cryptos, too) on one account.
The PLX native token stands at the center of this platform. Holding it is vital as it will reduce trading fees and access to certain assets. This altcoin is worth just $0.10, and those who bought it early are enjoying a 150% ROI.
ISDA said the OTC derivatives market was valued at $618T in 2022. Pullix is strategically positioning itself to rule this sector. Because of this, market analysts predict that PLX could surge by 100x once a Tier-1 CEX lists it in Q1 of 2024.
Arbitrum (ARB) Integrates Chainlink Functions
Recently, there was some exciting Arbitrum news. Notably, Arbitrum announced that it has collaborated with Chainlink to launch the Chainlink Functions on the Arbitrum One mainnet. Chainlink Functions is a trust-minimized computations and self-serve developer platform. It’s serverless, allowing developers to use it with any API and smart contract.
The Arbitrum crypto has been doing well. Its value has increased from $1.47 to $1.77 in just one month. On top of that, its market cap shot up from $1.88B all the way to $2.26B. The altcoin’s technical analysis shows a bullish picture with 21 technical indicators. Because of this, market analysts predict a price pump to $1.95 for ARB within Q1 of 2024.
Sei (SEI) Introduces SeiDB
Meanwhile, Sei has introduced the SeiDB. This development is crucial for the Sei v2 design as it unlocks scalable performance for the Parallelized Ethereum Virtual Machine. This Sei news may help this altcoin’s value.
Over the last thirty days, the Sei coin value has grown from $0.47 to $0.63. Its market cap has also risen from $1.06B to $1.53B. However, its sentiment is neutral since it has only seen 14/30 green trading days in the past month alone. Experts foresee this altcoin reaching a value of $0.62 before February 2024 ends.
Why Are Arbitrum and Sei Investors Migrating to Pullix?
With the market cap at just $20M, Arbitrum and Sei investors are flooding Pullix. This is because PLX would only need another $20M for its current price (and returns) to double. When looking at all the unique features that Pullix has, this amount can be raised in no time. Because of this, PLX is seen as the best crypto to buy.
For more information regarding Pullix’s presale see links below:
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