Pullix (PLX): A Binance Killer Preparing For Its Launch Next Week

Having achieved $8M in funding in its ICO and around 20,000 registered users, PLX’s price movement has hit significant milestones, surging from $0.04 to around $0.08.

The crypto market is experiencing a resurgence, and investors are searching for coins with the potential for high returns. Among these coins is Pullix (PLX), which is preparing to launch a live trading platform. Other coins, such as Polygon (MATIC) and Cosmos (ATOM), are encountering difficulties in regaining momentum.

Pullix (PLX): A Binance Killer Preparing For Its Launch Next Week

Having raised $8M in its ICO and attracted around 20,000 registered users, PLX has seen significant price movements, surging from $0.04 to around $0.08.

This comes as Pullix is set to launch its trading platform in the coming weeks, making it the best crypto investment of 2024. It combines the advantages of CeFi and DeFi while integrating elements of online OTC trading.

Unlike most hyped crypto exchanges, Pullix aims to create a comprehensive trading experience with faster and easier transactions and high-level liquidity. More importantly, Pullix will also ensure easy system access, a feature unique to both CEX and DEX.

In contrast to the stringent KYC processes of Binance and Coinbase, Pullix's Non-KYC feature allows users to quickly sign up with their email addresses and can deposit crypto as collateral for trades.

Moreover, upon its launch, Pullix will offer a wide range of services, including stocks and commodities, forex trading, and ETFs trading, expanding the platform’s reach and tapping into the trillion-dollar OTC market. With all these unique features, Pullix price prediction suggests that the coin might hit the $10 mark in 2024 to become one of the best cryptos to buy.

Data Ownership Protocol Partners With Polygon: Is Matic Ready For A Return To $0.66?

In its X post, DOP noted that its unique collaboration with Polygon denotes a remarkable move for further developments. This will allow DOP to leverage Polygon’s infrastructure and gain broad and active community exposure. Additionally, DOP can now process more than 1M regular transfers.

Such a high-level activity will enhance the visibility of both the Polygon coin and DOP. This collaboration comes at a time when the Polygon price has had a difficult time regaining its surging momentum. Polygon price has already recorded a YTD dip of around 38.38%.

However, over 1.8M new Polygon users have been registered on-chain in recent weeks. If such a pattern continues, a rally to the next resistance level of $0.66 might be on the cards. Additionally, analysts suggest a positive Polygon price prediction of around $0.80 in 2024.

Cosmos (ATOM) Set For 50% Surge After It Recent Dip

With the crypto market humming with hope owing to the recent surge in Bitcoin price, Cosmos coin is one of the cryptos that seems to showcase great potential for a big breakthrough. Cosmos, having remained steady with a slight surge of 1.23% over the past week and a dip of 4% over the past month, is set to undergo a significant surge.

According to crypto analyst Jonathan Carter, the Cosmos price negotiates a declining wedge pattern, sometimes interpreted as positive. This trend suggests that the ATOM token is developing momentum and could break out from its declining resistance line, a significant point where selling pressure has traditionally been quite strong.

Considering that Cosmos’s YTD price metric has dipped by around 31%, if the price of Cosmos overcomes its declining resistance line, then a significant upward momentum might start. Moreover, Jonathan had also set crucial Cosmos price targets, including $7.5 as the initial objective, followed by $8.85 and $12.15.

Is Pullix Ready To Challenge Major Exchanges Such As Binance and Coinbase?

Unlike Binance and Coinbase where most of the profits remain within the exchanges. Pullix’s revenue share model where profits are distributed among PLX holders sets a new standard for crypto exchanges while attracting more investors, especially now that the platform is set to launch next week. As such the price of PLX token could soar massively as the platform gains mass adoption.

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