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Pullix (PLX), Stacks (STX), and Arbitrum (ARB) are setting the stage for a significant clash amidst the ongoing crypto revolution. While STX and ARB are already established altcoins, PLX is a new presale star currently in Stage 5 of its presale. It has already raised $2M and sold 7.4M tokens. Some experts foresee it pumping by 100x in 2024 – keep reading and discover why.
Pullix (PLX): One of the Top Altcoins To Buy
According to ISDA, the gross value of OTC derivatives hit $20.7T at the end of 2022 – and Pullix (PLX) has noticed. It aims to capitalize on this market by creating a hybrid exchange combining the best CEX and DEX aspects. Therefore, you will no longer need to create multiple accounts; Pullix will allow the trade of all asset classes (including cryptos) on one.
While this trading platform will be the main attraction, the Pullix team has also announced other exciting features joining its ecosystem:
- Copy Trading: A feature that will let you replicate trades from successful Pullix traders, capitalizing on their choices.
- Swap: A DeFi swap allows you to trade tokens seamlessly at the lowest fees.
- Yield Farming: With Yield Farming, you can earn the PLX native token while contributing to liquidity by staking LP tokens.
The PLX token stands as the cornerstone of this platform. It will offer holders many benefits, including reduced trading fees, exclusive asset access, and passive income through staking. Opting for staking enables participation in Pullix’s “Trade-to-Earn” model, ensuring a share of the platform’s daily revenue.
Currently priced at just $0.07, one PLX token has seen a remarkable 75% surge from its initial value. However, since it is in Stage 5 of its presale, analysts project a further 580% growth before its presale ends. A potential 100x surge may also come upon its exchange listing in Q1 of 2024. This will position PLX as one of the best altcoins.
Stacks Price Prediction
Crypto analyst Gropius La Táche recently made a bullish Stacks (STX) price prediction. According to him, Stacks will dominate in 2024 thanks to all the development on this DeFi project.
Regarding the Stacks price movement, CoinMarketCap data shows that it has jumped by 107% in the past month alone. In fact, Stacks rose from $0.82 on December 3 to $1.59 on January 2. Moreover, it’s Fear & Greed index rating shows a 71 (Greed) – a good bullish sign for this altcoin.
Due to all these factors, market analysts remain long-term bullish. They forecast a potential price surge to $1.79 before January 2024 ends for the Stacks coin.
Arbitrum News
Sebastien Guillemot, co-founder of DCSpark, hinted at a potential collaboration between Arbitrum (ARB), Cardano (ADA), and Mina Protocol (MINA) soon. Per his X post, this collaboration could result in numerous new projects in 2024.
In other news, the TVL on Arbitrum One has soared past $10B for the first time, as per L2Beat. This altcoin’s value has reflected this growth as ARB rose from $1.09 on December 3 to $1.73 on January 2.
As a result, experts in the field foresee Arbiturm worth $1.95 in February 2024. This makes ARB a good altcoin to keep an eye on.
What Gives Pullix the Competitive Edge Over Stacks and Arbitrum?
Looking at all three of these altcoins, we notice that Pullix has a drastically lower market cap of $14M. On the other hand, Stacks and Arbitrum have market caps of $2.3B and $2.2B. In other words, PLX will surge much faster as it only needs $14M for its current value to double. Thus, PLX is expected to yield at least a 40x return and emerges as the best crypto investment for fast gains.
