Amid the need to see a more seamless decentralized exchange in the blockchain industry, Pullix (PLX) is coming through by providing a new-era exchange platform that’ll boost users’ trading experience. As a top crypto project, Pullix is a diversified platform for trading stocks as well as for crypto staking.
Now that staking is live on the Pullix platform, this article will analyze what this means for an average investor, including presale traders of the PLX token. Let’s find out.
Recently, Pullix (PLX) announced its rollout of a new staking DApp on its platform. What this means is that traders can stake their tokens and earn generous rewards from their actions with just a few clicks. As such, presale investors of the PLX coin can stake 100% of their tokens, as this will give them a competitive annual percentage yield (APY) of up to 45%.
Notably, staking the PLX token will indirectly boost the value of the token, given that any PLX coins that are staked are removed from the circulating supply. As such, the scarcity will increase the value over time. That is why staking the PLX on the Pullix ecosystem is encouraged, as it’ll boost the overall adoption of the Pullix trading platform while also generating a significant percentage of earnings.
Meanwhile, the Pullix trading platform is a diverse protocol as it facilitates the trading of cryptos, forex as well as commodities. With Pullix, members will be given up to a 25% bonus on their first deposit, thereby boosting their chances of profits from trading on the platform.
Unlike other CEX exchange platforms, Pullix employs a profit-share model, ensuring that members benefit from the revenue generated on the platform. Overall, Pullix stands out as a reliable, fair, and transparent platform with laser-speed transaction execution. As such, traders may want to register on the platform and enjoy the numerous benefits that come with it.
Amid the thousands of coins in circulation, Pullix arguably represents one of the top crypto investment alternatives for potential gain in 2024. Given the over 250% price growth of PLX during its presale, the DeFi coin is looking to have a breakout year with over 1,400% growth projection before the end of 2024.
At the current trajectory, Pullix is likely to establish support above the $15 mark by December. The price projection looks feasible, given that Pullix is listed on Uniswap, BitMart, and XT.COM centralized exchanges. In a few day’s time, PLX will be listed on the MEXC exchange. In the same way, Pullix is looking to list on tier-1 exchange platforms such as Binance, KuCoin, etc in the coming months.
Meanwhile, traders can monitor the Pullix price chart on popular crypto data aggregator websites such as CoinMarketCap and CoinGecko. With the trading volume and market cap surging, Pullix is a top DeFi coin to watch out for in 2024. Overall, given the well-established structure of Pullix in the crypto market, traders may witness the token become a blue-chip crypto in the near future. As such, it’ll be wise to join the project and position for the potential price gains by investing in the token now.
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