Uniswap, Pullix, and Tezos outperform; exceed analysts’ forecasts
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The past week has been a rollercoaster in crypto. While attention is fixed on Bitcoin and Solana, a few other altcoins like Uniswap (UNI), Pullix (PLX), and Tezos (XTZ) have also been trending higher.
Uniswap upside momentum
UNI rose to a yearly high of $7.8 in December.
Despite a recent dip, UNI is still bullish, adding 10% in the past month.
Overall, UNI averaged $6 in 2023. This suggests that the token is stable and may rally in 2024.
Pullix raises over $10.6 million in presale
Pullix has raised over $10.6 million in stage 6 of the ongoing presale, selling over 50% of the available tokens at $0.08 per token.
The platform aims to address common defi issues like slow transactions, high fees, and lengthy processing times.
Pullix prioritizes user-friendliness and security by employing robust measures like cold storage and multi-signature wallets.
It also offers a passive revenue model, where users who provide liquidity to the exchange earn a fixed interest rate of 8% to 18%. This mechanism rewards liquidity providers while supporting market-making activities. PLX plays a crucial role in enabling passive income generation.
PLX is available for $0.08 at the current stage of the presale.
However, experts say the token may rally going forward.
Tezos trends above $1
Tezos recently returned to $1 after trading between $0.6 and $0.8 between June and November 2023.
Building on the bullish momentum from December, the coin can reach $1.2. Even so, it is still far from its multi-year highs.
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.
