Monero (XMR), Stellar (XLM), VeChain (VET) & Pullix (PLX): Race to Top 20

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January 19, 2024
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3 min read

The quest for a spot in the top 20 is an ongoing battle in the DeFi market. In this showdown, Monero (XMR), Stellar (XLM), VeChain (VET), and Pullix (PLX) are emerging contenders battling for recognition. While you may be familiar with XMR, XLM, and VET, PLX is a new DeFi coin currently in Stage 6 of its presale that could pump by 1,000% in 2024. Find out why.

Samourai Wallet Reveals Monero/Bitcoin Atomic Swaps

Recently, there were some exciting Monero (XMR) developments. Notably, the Monero news that Samourai Wallet developers introduced the beta version of Bitcoin/Monero atomic swaps. This is a significant improvement in privacy.

In terms of the Monero coin value movement, it has fluctuated between $169 and $157 in the past month. During that time, its market cap has fallen from $3.11B to $2.8B. With a Fear & Greed index rating of 63 (Greed), experts remain bullish as they forecast a surge to $178 within Q1 of 2024.

Stellar (XLM) Community Prepares for Soroban Update

Meanwhile, hype and interest in Stellar (XLM) is growing as the long-awaited Soroban update will soon occur. With this update, smart contracts will finally appear on the Stellar network. Soroban has an official release date of January 30.

This Stellar news may help its price movement, which has moved within the $0.12 and $0.11 ranges in the past week alone. Additionally, its market cap has sunk from $3.56B to $3.32B in that same time. Because of this, market analysts predict that this altcoin may trade at the $0.124 level within Q2 of 2024.

VeChain (VET) CEO With a Bullish Statement

The VeChain (VET) CEO, Sunny Lu, recently had an interview with Thinking Crypto. In this interview, he stated that 2024 will be a big year for the VeChain crypto. According to him, we may see many new token integrations on VeChain.

However, this VeChain news has not yet impacted its value, fluctuating between $0.032 and $0.029 in the past seven days. Its market cap has also fallen from $2.49B to $2.13B in that period. As it trades above its 21 and 50-day EMAs, experts foresee this altcoin soaring to $0.0439 within Q1 of 2024.

Pullix (PLX): One of the Altcoins To Watch

Pullix (PLX) is making a name for itself as a hybrid trading platform. This platform may redefine online trading by combining the best CEX and DEX features into one place. As a result, global traders will experience deep liquidity and access to all asset classes (including cryptos).

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Pullix ARMY is OFFICIALLY 3500+ Strong! 😤😤😤<br><br>Our community growth is absolutely EXPLODING as we smash presale records left and right!<br><br>Now over 3,500 believers are certified <a href="https://twitter.com/search?q=%24PLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLX</a> HODLers! With a whopping 11,000 users registering for the <a href="https://twitter.com/search?q=%24PLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLX</a> presale.<br><br>At this trajectory, NO… <a href="https://t.co/Ik38PB8S1C">pic.twitter.com/Ik38PB8S1C</a></p>&mdash; Pullix (@Pullixmarkets) <a href="https://twitter.com/Pullixmarkets/status/1747200902723727801?ref_src=twsrc%5Etfw">January 16, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Investors are now flooding the crypto ICO event with over 11,000 registrations. This number has led to the sale of over 70M PLX tokens and helped Pullix raise close to $4M. With this stellar presale performance, it is clear that demand for the PLX native token is sky-high.

This altcoin will power the Pullix platform and give holders access to certain assets. By staking it, traders will receive a portion of Pullix’s daily earnings. Thus, making PLX the first “Trade-to-Earn” crypto.

One PLX is worth just $0.08 - a 100% ROI for those who bought it early on. Since it has ties to the Forex market, which sees a daily volume of $6.6T, its long-term growth potential is fantastic. Experts forecast a surge of 1,000% once a Tier-1 CEX lists this altcoin in Q1 of 2024.

Can Pullix Outshine Monero, Stellar, and VeChain?

When looking at these altcoins, Pullix stands out. It only has a $16M market cap, which means it will surge and reach the top 20 much faster as fewer new funds are needed. This agility gives Pullix the upper hand over established players like Monero, Stellar, and VeChain.

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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].

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