Recently, Anthony Scaramucci made a cryptic tweet saying just “It’s done.” Dan Gambardello joined in with “Done, as in, ETF approved?”
This has created ripples in the DeFi market, causing investors to flock to specific tokens before the next bull run. Ripple (XRP), Pullix (PLX), and Quant (QNT) are worth watching.
While users may be familiar with XRP and QNT, PLX is a new ICO in Stage 6 of its presale.
Ripple: What’s Ahead
Recently, Crypto Eri announced the Zoom hearing for Zakinov v. Ripple (XRP) will occur on January 11. This crucial court session represents a pivotal milestone in the class action lawsuit for Ripple.
Its price movement has increased from $0.33 in January 2023 to $0.57 in January 2024. Ripple is also trading above its 100 and 200-day EMAs. Because of this, some market analysts predict that Ripple will surge to $0.60 in February 2024.
Pullix (PLX): One of the Best New DeFi Projects
Meanwhile, Pullix (PLX) is gaining appeal, selling out 5 stages of its presale within a month. Those who are in already have long-term faith in this innovative DeFi project that aims to solve major online trading issues.
Pullix will establish a unique hybrid trading platform that combines the best DEX and CEX features. As a result, you no longer need to worry about high trading fees. Pullix will remove commissions on trades while also implementing raw spread trading. Additionally, while some exchanges focuses solely on cryptos – Pullix will allow the trade of all asset classes (including cryptos).
The PLX native token is the backbone of this platform and the first “Trade-to-Earn” token. Users will receive a portion of Pullix’s daily revenue by staking this altcoin. Moreover, Pullix will establish a burn feature that will reduce its supply and increase its value. Due to all these reasons, over 60M PLX tokens have been sold so far.
One PLX is currently being sold for $0.08, but Stage 7 will arrive soon.
Quant Price Outlook
Quant (QNT) has been on an upswing recently, with CoinMarketCap data showing a 21% jump in the last month. The Quant price had increased from $110 on December 6 to $121 on January 5, and currently trading at $115 at the time of this writing.
From a technical perspective, this uptrend can continue for Quant. The 100 and 200-day EMAs are currently being crossed by the price.
Some users consider PLX’s smaller market cap relative to XRP and QNT to be an advantage because it means there might be more room for growth. Of course, this is also risky because projects with larger market capitalizations typically have more investor confidence.
For more information regarding Pullix’s presale, see the links below:
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