Ahead of the bull run, crypto investors are fervently searching for crypto investments to maximize their profits. Pullix (PLX), which is one of the new DeFi cryptocurrencies, is making the headlines again after revealing the upcoming BitMart listing. The news has led to a surge in the tokens presale buyers with the number of PLX tokens sold in the ongoing presale over 120 million tokens. Similarly, Synthetix (SNX) and ApeCoin (APE) are experiencing bullish momentum, with investors hopeful that the trends will continue into the bull market. Let’s look into the market activity of the tokens below.
Amidst the ongoing rally of Synthetix and ApeCoin, Pullix meteoric rise in the DeFi market has exceeded expectations. With the FX market having an estimated $7.6T daily trading volume, Pullix is creating a dynamic hybrid trading system where investors can better enjoy more profit on their investment.
Unlike the existing exchanges that charge high fees on transactions, the Pullix trading platform charges zero commission on transactions, provides high liquidity, and guarantees the safety of investors’ assets. Notably, the platform offers investors a noncustodial exchange where investors have total control of their assets without the need for any third-party arrangements. With these unique features, Pullix has become a global force in the crypto market.
The platform has raised over $8 million in presale, with the total number of registered subscribers close to 20,000. Interestingly, Pullix is now in the bonus stage of its presale and the ERC20 token PLX is sold for just $0.14. Early adopters of the Pullix project have seen over 250% ROI and analysts project more ROI as the general crypto market gravitates towards the bull run. With its unique features, many platforms are eager to have the project on board, as evidenced by its listing in CoinGecko, one of the popular crypto data aggregator websites.
In the last stage of the presale, investors can earn more rewards through the profit share model, where PLX token holders are given a fixed daily percentage from the daily revenue of the platform. Additionally, the remaining unpurchased tokens will be distributed to investors as reward packages with the surplus tokens set for burning at a later date. As one of the new DeFi cryptocurrencies making waves in the market, analysts remain bullish on the Pullix tokens prospect and forecast a 35x rally when the project is launched.
Synthetix (SNX) ended the year 2023 on a slight bear trend. However, the aura surrounding the upcoming bull run has launched the token into the limelight in recent weeks, with the Synthetix price appreciating by 13% in the past month.
A deeper look at the trading chart suggests that Synthetix coin has not completely escaped the bear pressure. This is noticeable from the red lines and the decline of the market cap in the past week. However, if the bulls can rally around Synthetix to surmount the $3.75 mark, the Synthetix price may finally hit $5 before the end of the year. The Synthetix trading volume is on the uptrend which could trigger a rally in the coming days.
ApeCoin (APE) was a top crypto coin when it reached an all-time high of $39.40% in March 2021. However, the token has declined since then with the bear market completely dominating the bulls. Although ApeCoin price has maintained a slight recovery in recent months as the token increased by 18% on the monthly chart and 17% on the weekly chart.
This latest momentum is still a decline from the all-time high. However, it could be a catalyst for the complete recovery of ApeCoin. As such, analysts predict that a solid show from ApeCoin in the bull run could push the price up to $5. Already, the tokens market activity has boomed in the past week, as evidenced by the over 100% average day-to-day increase in the ApeCoin trading volume. It shows holders still retain confidence in the token and back it to witness a rally soon.
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