TRON TVL up 91.6%, Pullix could rally after launch
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CoinGecko data shows that TRON (TRX) is now the second-largest network by total value locked (TVL). Meanwhile, Pullix (PLX) is gaining traction as the first community-backed exchange to provide 24/7 access to markets, including crypto.
TRON’s TVL up 91.6% in 2023
TRON is now the second-largest network by TVL, according to CoinGecko’s October 2023 report.
The report indicates that TRON’s TVL grew from 12.3% ($4.1 billion) in January 2023 to 21.6% ($7.9 billion) in October 2023, a 91.6% increase.
Analyzing price data shows that TRX remains in an upward trend, rising from $0.100575 to $0.109823.
Over the past year, TRX is up 90% but may reach $0.156 by Q1 2024.
Pullix aims to open up the global markets
As TRON rises, attention has shifted to Pullix, a platform developing a self-custodial, community-backed exchange to reshape how individuals interact.
It will provide a barrier-free environment where anyone can trade any asset, including crypto, around the clock without submitting details as part of know-your-customer (KYC).
Moreover, Pullix supports staking for PLX, Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other coins.
Pullix will also implement a token burn mechanism.
The platform has a Copy Trader feature, allowing users to copy other successful traders and potentially amplify their portfolio performance.
Traders can also utilize their over-the-counter (OTC) derivatives with leverage up to 1000:1. At the same time, they can employ AI-driven trading tools for automated strategies.
Currently, PLX is available for $0.04 in the presale. However, experts predict more growth after launch.
For more information about the Pullix presale, see links below:
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