Pullix (PLX) has recently been dominating the charts, leading to many enthusiasts accumulating it and holding their breath for an upcoming price surge. Not only that, but the earliest investors got a ROI of 320%, and it’s poised to see an even further, 100x upswing according to projections.
Speculation about its future is currently massive, especially as it got listed on Uniswap and will soon be listed on BitMart. The cryptocurrency ICO proved to be a major success, where the crypto sold 120 million tokens in total and raised $9.5 million. As a result, we will go over the price performance of the crypto to see how far it can climb.
Pullix (PLX) and Its Hybrid Approach
Pullix (PLX) will create a unified platform, built with the implementation of both CEX and DEX elements. On this platform, any user will be able to trade any derivative, including cryptocurrencies, all from a single location. Pullix will also offer competitive prices when compared to other platforms that could attract more users.
The platform will also offer institutional, liquid and slippage-free trading to the DeFi community. The trades will be executed through the off-chain order book and this will provide a speed advantage when compared to other platforms.
It’s built on top of Ethereum, and the token follows the ERC20 token standard. In addition, it will feature liquidity provision, and users can gain a percentage of the profits generated, alongside a token burn system that will decrease the supply over time and increase the scarcity, and potentially the value of the platform.
The Uniswap and BitMart Listing – Can This Lead to a Further Upswing?
The Pullix crypto got listed on top of the Uniswap decentralized exchange (DEX). This resulted in an increased level of attention, and appeal for the platform. Moreover, it will also see a listing on BitMart, which will occur on March 7, 2024. Once this happens, far more people will gain access to the cryptocurrency which can result in far more significant demand and appeal.
The project recently finished its cryptocurrency ICO as-well, where it sold over 100 million tokens in total. It raised $9.5 million and the cryptocurrency increased 320% to a launch price set at $0.168. According to analysts, it can spike as much as 100x following the launch of the platform.
Summary
With deep liquidity, leverage, community governance, and zero commissions, its clear that Pullix is on a mission towards disrupting the industry and offering a much better solution. The token has vast utility, as its essential for the revenue sharing mechanism, and this can be a game-changer as it enables people to earn rewards.
Moreover, it has a vast ecosystem consisting of an exchange, lending protocol, VaultX and swaps, and even Yield Farming, all of which make it a solid platform for anyone’s needs. This, coupled with the 100x price upswing potential, make it a top crypto to invest in.
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