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Pullix: The Next Big Thing in Crypto, Poised to Surpass Polygon and Litecoin

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Release: 2024-08-08 03:20:41
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Pullix (PLX) is a new hybrid trade-to-earn exchange with the aim of solving the issues regarding security, speed, and liquidity associated with major exchanges.

Pullix: The Next Big Thing in Crypto, Poised to Surpass Polygon and Litecoin

Despite the presence of various cryptocurrencies, Binance (BNB) continues to lead the market in terms of capitalization. Polygon and Litecoin are also highly valued by investors due to their potential for growth. However, the recent surge in demand for Pullix coin may propel the PLX token past Polygon and Litecoin in the coming weeks. Here's why.

Pullix: Poised to Surpass Polygon and Litecoin

Pullix (PLX) is a new hybrid trade-to-earn exchange that aims to address the security, speed, and liquidity concerns associated with major exchanges.

On Pullix, users retain complete control over their assets (private keys are held by the users themselves). The platform has already completed a successful presale, raising over $8M in funding and onboarding over 20,000 users. Early investors have realized a 150% ROI as the Pullix token (PLX) price surged from $0.04 to $0.1.

Some analysts anticipate a 30x rally for the token, fueled by the upcoming launch of the Pullix trading platform. The launch, which is expected in the coming weeks, will make the exchange available for trading. Users will be able to trade cryptocurrencies such as Bitcoin, Polygon, and Litecoin.

Growing Investor Demand Could Push Polygon Price to $1

Polygon is a layer 2 scaling solution that enables the development of diverse applications on the Internet. Additionally, the Polygon crypto platform enhances interoperability and security. The primary currency of the platform is $MATIC, which can be stored in the Polygon wallet by holders.

According to CoinMarketCap, the Polygon price has decreased by 38% over the past year and 15% in the month. Notably, the Polygon trading volume has slowed down in recent months. In early May, the MATIC trading volume was around $407M, but it has since decreased to $250M.

This decline is also evident in the price, which has fallen below the $0.45 support zone. Despite the bearish sentiment, the Fear and Greed index indicates 41 (fear), which is in the buy zone. This dip provides a good opportunity to accumulate the token.

Litecoin Price Forecast: $100 Target in Sight for the Coming Weeks

Litecoin (LTC) is a cryptocurrency that aims to provide fast and low-cost transactions by leveraging blockchain capabilities. The Litecoin ecosystem facilitates secure and transparent transactions, where payments are made using the $LTC token, which is also used to reward miners.

According to Litecoin market analysis, top crypto expert Srigopal Bhattad predicts that the Litecoin price will break out from the descending channel, indicating a bullish trend with a potential 40% upside for the coin, which could bring the price close to $100.

Data from CoinMarketCap shows that Litecoin's trading volume has grown significantly in the past few months, moving from $232M in February to $300M in July. With support established above $50, a move towards $100 for Litecoin in Q3 is possible.

Which Cryptocurrencies Are Worth Buying Today?

Investors should choose their crypto investments wisely. While Polygon and Litecoin are both good options, investing in Pullix before the launch of the trading platform may be one of the best decisions, subject to conducting your own research.

For more information on Pullix, follow the links below:

Visit Pullix

Join The Pullix Communities

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