Uniswap and Optimism have come under huge pressure from a rising project called Pullix. According to analysts, Pullix’s recent price trajectory and features sets it above Uniswap and Optimism.
Therefore, investors looking for the best coin to invest in can go for Pullix. Let’s see why analysts believe Pullix can outshine Optimism and Uniswap.
The Pullix (PLX) Presale Gaining Traction in Stage 6
The presale of Pullix (PLX) has surged in the last month due to the project’s expanded user base. In its sixth stage, the project sold over 62 million tokens so far. Pullix, a blockchain ICO, has integrated the best aspects of CeFi and DeFi into a single hybrid platform.
Thus, Pullix excels in completing speed, security, privacy, and decentralization. In addition, because trades will be performed outside the blockchain, it provides faster completion times without the common issue of volatile pricing. Pullix’s AI-powered copy trading capability is another notable feature.
This tool was created to allow traders to copy professional traders’ strategies and trades, leading to increased profits. Additionally, Pullix is branching out into significant markets, including over-the-counter (OTC) derivatives and forex. The goal of this is to increase trade activity and liquidity on Pullix, which could raise interest in and valuation for the PLX token.
You have to get the PLX token and enjoy the best features available on this new hybrid exchange. In its sixth stage, the price of the PLX token is $0.08. Owners of PLX tokens are entitled to a portion of the platform’s daily trading profits in addition to rewards for staking.
These tokens are also exchangeable. You can exchange them for other digital currencies or convert them to cash. With everything Pullix has to offer, it’s no surprise that experts have named it one of the best coins to invest in in Q1 2024.
Uniswap (UNI) Price Drops
Uniswap (UNI), the native token of the Uniswp decentralized exchange, is in the news again. This comes after its mother exchange topped the list of crypto protocols in 2023. Uniswap exchange recorded 43 million transactions and $7.4 trillion gas. This was 4.5 times more than that of Tether, who came in second place.
Meanwhile, Uniswap coin has suffered from selling pressure lately. The token has fallen from a 7-day high of $7.70 to the $6 region. The DeFi coin has entered the red area on the weekly and monthly timescale as a result of the recent price decline.
Fortunately, with increases of 10.4% over the year, the price of Uniswap is still positive. The current trading range for Uniswap coin is between the 50 and 200-day SMAs. In the upcoming weeks, a 10% price growth to $6.60 is expected by analysts.
Optimism (OP) Bullish on the Monthly Chart Amid Price Drop
Like Uniswap, Optimism (OP) has also seen some price losses in the past week. The DeFi coin is currently trading between $3.00 and $4.04 on the weekly timeframe. However, the Optimism price chart looks better than that of Uniswap.
Uniswap was bearish on the weekly and monthly charts. That is not the case with the Optimism coin. While the token is down on the weekly chart, it has a 55% and 187.9% price increase on the monthly and yearly timeframes.
According to Coincodex, Optimism coin has recorded 16 (53%) green days out of 30, with a volatility of 23.26% within that time frame. The Optimism price is trading above the 50-Day SMA and 200-Day SMA. This shows that bulls are still in control of the market and could force a price recovery soon.
In Conclusion
Even if Uniswap and Optimism might expand over the coming months, Pullix is someone to watch. With the blockchain ICO, you can improve your trading skills while taking advantage of various features on a platform.
For more information regarding Pullix’s presale see links below:
