Altcoins
Analysts Say New Revenue Sharing Altcoin Could Overtake Solana (SOL)
Industry analysts speculate that Pullix, with its unique economic structure and incentive system, has the potential to overtake top 10 cryptocurrencies like Solana. Notably, Pullix is in the final stages of a pre-sale event, offering investors the opportunity to get in at the forefront of what could be the next big thing in the cryptocurrency market.
Solana (SOL): the Solana prediction at $1,000
Solana rose from the ashes of 2022 to become one of the most successful crypto projects of 2023/24. The FTX scandal and concerns around Solana’s centralization temporarily took its breath away, but the project has since regained momentum and currently stands at a market capitalization of over $45 billion.
Solana’s backend statistics speak for themselves. With the Solana TVL valued at $1.80 billion and 3,198 transactions occurring every second, it is no surprise that the project has attracted the attention of investors looking for high potential returns.
Solana’s monolithic design that does not rely on Layer 2 (L2) solutions prepares it for global adoption. Ethereum could be on track to reach Ethereum’s $297 billion market cap, which would see Solana’s price rise 648% to $679.
However, this price target takes into account the current price of Ethereum and does not take into account a possible market-wide rise that could see the entire market skyrocket. If we look at the performance of major cryptocurrencies during previous bull runs, it is not unreasonable to believe that Solana could even surpass the predicted price of $1,000.
Technical analysis shows that $120 is the major hurdle Solana needs to overcome. Reaching and sustaining above this point could propel the price to an all-time high of $260 in a matter of weeks as the crypto market continues to grow.
While these potential gains seem impressive when viewed from an optimistic perspective, Solana’s current price is not the best risk/reward trade for all investors. We will now explore a new project that has attracted the attention of many investors in recent months: Pullix.
Pullix (PLX): The Revenue Sharing Exchange
Pullix is a new exchange that aims to tackle some of the trading world’s most persistent challenges. The idea is to combine the best features of DeFi (decentralized finance) with traditional centralized exchanges to create the best of both worlds.
Crypto trading on DEXs has grown in popularity in recent years, but these platforms still face issues such as low liquidity and slow transaction times. On the other hand, centralized exchanges offer better liquidity and faster transaction speeds, but they also have drawbacks like custody risk.
Pullix aims to address these issues by implementing a revenue sharing model that incentivizes users to provide liquidity. This means that anyone who stakes their PLX tokens will receive a portion of the exchange’s trading fees.
Pullix also leverages bank-grade liquidity pools to ensure high efficiency and low transaction slippage. This combination of features has caught the attention of industry analysts, who believe that Pullix could become the new standard for crypto exchanges.
But it’s not just cryptocurrencies that can be traded on Pullix. The platform also supports traditional assets such as stocks and commodities, making it a one-stop shop for all types of trading. This diversification could see Pullix become the global standard for all types of trading, not just crypto.
The PLX Presale Opportunity
The Pullix team held a presale to raise funds and build a strong community of early adopters. The presale has already been a resounding success, with over $6 million raised since the presale began in late 2023. Looking ahead, Pullix, alongside its native PLX token, aims to rank among the top new opportunities crypto investment.
Currently at stage 8 of 8, the PLX token is now selling at $0.14, up by 250% from its initial price of $0.04. With a live platform demo available to the public, two commercial licenses obtained, and listings on Bitmart and Uniswap, Pullix has the potential to become the next 100x token in 2024.
For more information regarding the Pullix presale, see the links below: