New DeFi cryptocurrency attracts TRX & LINK investors

16 views 1:09 pm 0 Comments July 22, 2024

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Amid a market bull run, Pullix (PLX) surges as a new DeFi contender, attracting investments from Chainlink and Tron enthusiasts after its significant Uniswap performance.

Investors from Tron (TRX) and Chainlink (LINK) are diversifying their portfolios with the addition of Pullix (PLX), especially following its notable rise on Uniswap.

While Chainlink continues its upward trajectory, reaching a price of $20, Tron has faced challenges, shedding light on the dynamic shifts within the crypto landscape.

Pullix rises above the storm, skyrockets to $0.44 on Uniswap

The bullish sentiments of Pullix have become a topic of discussion among crypto supporters after the PLX token experienced a meteoric surge on Uniswap.

Having concluded the presale with a resounding success, which resulted in over 130 million tokens being sold while raising close to $10 million, Chainlink and Tron holders are moving to the Pullix project.

Pullix was listed on Uniswap on March 5, and the token’s trading volume surged from $1.35 million within minutes of listing to over $2.5 million within 24 hours.

This resulted in the PLX token price rallying from the $0.168 listing price to over $0.44 within hours.

The PLX/USDT trading pair will be listed on the XT.COM innovation zone within the next few hours, with the BitMart CEX listing coming up on March 7.

Investors can also earn more profit through the Pullix profit share model, where a percentage of the platform’s revenue is given to token holders. With the presale now over, investors can look forward to the token burn event to stabilize the price of tokens in circulation.

Meanwhile, Pullix is a hybrid trading platform. As a non-custodial platform, investors will have control over their assets. Unlike many exchanges, Pullix offers high liquidity, zero transaction charges, and high-level security.

The token’s liquidity has been locked for 2 years in Uniswap to build trust. Overall, this DeFi cryptocurrency can compete with established cryptos in the bull run. 

Despite surge, Chainlink holders explore different projects

Although Chainlink has flourished since the start of the year, its holders are making moves to expand their portfolios.

Chainlink price has surged by a slight 5% in the past 30 days with the token price increasing by 187% in the year-to-date price metric. From all indications, the Chainlink token is on course to continue with the bullish sentiment.

Tron investors are considering Pullix

Tron has battled the bear threat for months, with the token price falling by 11% on the 90-day trading chart. However, the Tron coin has shrugged off the bear threat and has been in a rally for the past few weeks.

The token has gained 17% in the past month based on Data from CoinMarketCap.

However, it appears the bears are regrouping with the Tron price dropping by a slight 2% in the past 7 days.

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