In a market full of ups and downs in price values, Pullix (PLX) has shown consistent momentum in the crypto market at presale with the project launching closer by the day. As a result, the token is fast becoming one of the best crypto investment alternatives in 2024. Meanwhile, Render (RNDR) and Optimism (OP) tokens are showing contrasting price trajectories. Let's look into the market activity of the cryptos below.
Render (RNDR) on a Price Retracement as Token Maintains Bullish Sentiment
The Render (RNDR) token has shown consistent bullish growth over the past year. This is evident as the Render price has risen by over 145% in a year-to-date price metric. Also, Render is on a short-term positive trajectory, given the token has gained over 5% within the last month.
Having traded above $5 on December 27, 2023, Render has experienced a retracement in price value, resulting in a dwindling price value. However, the token has been in an uptrend in the past week with a 30% average day-to-day growth of the Render trading volume in the same timeframe. Experts predict a further uptrend in the token's price value in Q1 of 2024.
Optimism (OP) Fails to Repay Investors' Hope as Token Bears
Investors have vested high hopes in Optimism (OP) shortly after the token reached an all-year price peak of $4 in January 2024. However, market stats reveal that Optimism has since lost about 24% in price value.
Meanwhile, Optimism trading volume has not relented as it shows a 90% average day-to-day growth since the beginning of February. While Optimism is at risk of dropping below the $3 price mark, Experts believe the token may soon end its bearish sentiment in the coming days.
Investors Position for Potential Gains as Pullix (PLX) Enters its Last Two Presale Stages
Over 15,000 investors who have already bought the Pullix (PLX) presale and have received up to 90% ROI on their initial investments. Meanwhile, other investors yet to buy the token are racing against time as the token has just two presale stages remaining and is due to launch in less than 70 days.
The PLX presale has witnessed wide acceptance in the market, having already raised nearly $5 million in presale so far. This acceptance can be attributed to the high growth potential and reputation that the token has shown since the start of its presale.
For context, the PLX, an ERC20 token is the governance token of the Pullix platform. This Pullix platform is introducing a never-seen-before hybrid Trade-to-Earn exchange that aims to combine the strengths of DeFi and CeFi exchanges to provide an immersive trading experience. On the Pullix platform, members can earn passive incomes through the profit share model, where revenues are distributed among PLX holders. Also, members can trade multiple popular cryptocurrencies on the platform, such as Bitcoin, Render, Ethereum, Optimism, etc.
One of the notable features of the PLX is its token burn feature. This feature ensures that PLX achieves relative scarcity when burned, thereby increasing the value of the token over time. This model makes the token one of the best crypto tokens to buy for future profits.
At the current price of only $0.10, the PLX is cheap and one of the best crypto investment alternatives for investors looking to triple their investment portfolios in 2024. While on stage 7 of the presale, over 80M tokens have been sold with the PLX token already listed in CoinGecko. There is also a 10% bonus for users who purchase the token now. With the launching date nearer, now remains the best time to invest in the project.
For more information regarding Pullix’s presale see links below:
