Filecoin (FIL) showcased a massive 23.5% increase in the past month which positioned it as one of the top gainers on the charts. The price movements and volatility has left it in a bullish pattern, with many buyers jumping into the crypto. Pullix (PLX) has experienced similar performance with its crypto ICO reaching stage 6 in under a month after successfully raising over $3million. Today we will discuss both projects and their on-chart data to determine which will provide a higher profit potential in 2024!
Pullix (PLX) Bridges the Gap Between CEXs and DEXs and Can Disrupt the DeFi Space
Pullix (PLX) is an upcoming platform designed to bridge the gap found in decentralized and centralized exchanges. By offering the best of both of these worlds, it can become a major player in the industry. Most DEXs today face liquidity issues, and as a result, the mainstream adoption of the technology has been hindered. Pullix on the other hand, will establish a user-friendly and secure platform that will separate itself in the DeFi space.
Users can retain custody of their assets and retain full control over their private keys. Then, there’s liquidity provision. Through incentivizing users to provide liquidity, Pullix can offer better liquidity and far more competitive prices than its competitors as well.
Each trade will also be executed through an off-chain order book, resulting in a speed advantage. These aspects are positioning PLX as the best cryptocurrency to invest in.
Alongside these features, users will be able to access perpetual futures, CFDs, and even a vault for secure storage of cryptocurrencies. There will also be a dedicated lending protocol through which anyone can get passive income. Users can also engage with the DeFi and NFT Launchpad.
Filecoin (FIL) Increased 81% YTD – Can It Go Above $5?
Filecoin (FIL) is a decentralized storage system aimed at making it easier for people to rent out unused space. By doing so, they can get passive income. Its objective is to become the quickest and most wallet-friendly network, but it has many competitors in the market.
During 2023, the Filecoin price increased by 81%, and during January of 2024, it was up 23.5%. Its trading volume is heading upward, and during the past week, it moved up from $5.74 to $7.86.
The Filecoin crypto now needs to move past the $8 price barrier in order to reach new heights and initiate a bullish run. Currently, the bulls are taking support from the level of the 50-day EMA after it made a bullish crossover with the 150-day EMA. The RSI has been on the upside since the middle of December. With all of these aspects taken into consideration, the Filecoin price prediction indicates that it can reach $10.74 by the end of 2024.
Summary
Filecoin is heading upward and if it moves past the major price barrier, it can reach new heights. For the time being, Pullix presale is at Stage 6, and PLX trades for at $0.08, having risen by 100% in value since stage 1 the presale gem is tipped to 50x upon launch following interest from thousands of investors across the crypto landscape. This growth will be fueled by its disruptive technology and vast ecosystem which makes it the best cryptocurrency to invest in.
For more information regarding Pullix’s presale see links below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
