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Experts look beyond HBAR, OP and shift focus to new tokens like Pullix

Sponsored
Experts look beyond HBAR, OP and shift focus to new tokens like Pullix

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As Hedera and Optimism navigate through market fluctuations, investors are increasingly turning their sights to promising newcomers like Pullix. This emerging defi token is capturing attention with its rapid growth and updates.

Hedera (HBAR) and Optimism (OP) are two prominent tokens in the crypto market with great attributes and potential to continue garnering new users and price increases. Despite the fact that Hedera and Optimism have both declined for the past month now, they still signal as tokens imbued with enough potential to rebound significantly. 

However, lately, investors are beginning to move past veteran tokens like Hedera and Optimism. Most of their attention is drawn to new tokens with impressive changes and growth. One such token is Pullix (PLX), a new defi coin shaking up the defi market with impressive performances in diverse areas.

Hedera holds market confidence amid decline 

Hedera, being the most used, sustainable, enterprise-grade public network, holds a lot of growth potential when we talk about its token. Pioneering a platform that works to beat slow performances and instability, Hedera has received enough attention and the token has grown 55.29% in the past year. 

Currently, Hedera is losing by over 13.69% in the past month and over 12.18% in the past week while holding in a weekly price range of $0.1005 and $0.1182. This position signals a bearish state for Hedera but some investors are hopeful for a mighty rebound later this year, eventually enriching their portfolios.

Pullix eyes significant growth as it releases new updates

With the aim to keep expanding enough to dominate the defi market, Pullix is aggressively evolving its infrastructure by integrating payment service providers (PSPs), a new CRM system, and at its core, the integration of both defi and the cefi functionalities. Boasting support of major exchange platforms like Uniswap, CoinGecko, XT.com, BitMart, CoinMarketCap, and MEXC, it has been able to achieve a sizable user base and has drawn substantial attention for a relatively new defi token. 

Just recently, Pullix kicked off its beta live trading, allowing users to deposit real money into their accounts for trading and staking activities. However, despite only going public for less than three weeks, the native PLX token has gained noteworthy traction. The PLX token has surged by over 350% from its initial listing price of $0.168 to an all-time high of $0.76.

Moving on, Pullix introduces a groundbreaking revenue-sharing model that allocates a portion of the platform’s daily revenue to active traders. Moreover, following the activation of its staking mechanism, 25% of its presale tokens have already been staked and locked for a minimum duration of 180 days. Not only does this underscore Pullix’s endeavors to rank among top defi coins, but it also highlights its commitment to fostering a sustainable and lucrative defi ecosystem.

In just a short period of time, Pullix has acquired about 20,000 community members and is anticipated to garner wider adoption with some upcoming developments. The platform won’t have any issue with this size anymore as the accessibility of users is to be enhanced through the approval process with Apple and Google App Stores, which is underway and will be completed in about 3 to 6 weeks.

Optimism battles fluctuating waves

After pricing above its yearly support price of $2.26, Optimism finally raised to a yearly pack price, reaching as high as $4.84 which was its all-time high price. After this occurred a month ago, Optimism still continued its battle with fluctuations. 

Holding in a weekly price range of $2.88 and $3.79, the Optimism token has declined by 31.50% in the past month and over 19.49% in the past week. However, some Optimism holders see it as an opportunity for a further boost in ROI as they consider now a good time to invest in Optimism.

To learn more, visit the Pullix website and join the Pullix communities.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.