Sui (SUI) recently reached a major ecosystem milestone, which resulted in a major increase in appeal towards the crypto from traders and investors. With its rise in TVL, it is positioning itself as a major player in the industry.
Pullix (PLX) has also reached a significant milestone with its presale after raising over $2million and selling over 40million PLX tokens. Today, we will uncover why both of these altcoins are on the radar for many looking to diversify.
Sui (SUI) Surpasses $200M in TVL – Price to Surge to $1.52
Sui (SUI) surpassed $200,000,000 in Total Value Locked (TVL) on December 25, 2023. This came just a month following its $100M milestone, indicating a total upswing of 500% since September. This was, as a result, a powerful year for the Sui network, with numerous DeFi projects and protocols consistently expanding its ecosystem.
Alongside this, Sui’s team announced the Inaugural flagship conference that will take place from April 10 to April 11, 2024, in Paris, France, where it will showcase further developments in its ecosystem. These aspects have placed Sui in the eyes of many traders.
Pullix (PLX) to Solve Key Issues in DEXs and CEXs
Pullix (PLX) is an upcoming platform currently undergoing its crypto ICO that will combine the best issues from DEXs and CEXs to create a revolutionary platform that solves a majority of their major issues, such as liquidity, security, and transparency. It will achieve this by introducing a community-driven approach that can result in competitive pricing.
- Anyone can gain access to institutional, liquid, and slippage-free trading in the DeFi community.
- All trades that occur on top of the platform will be processed in an off-chain order book, which could result in far higher speeds as well.
- Users can also trade across all assets and gain up to 1000:1 in leverage.
- Each ecosystem participant can maintain full control over their private keys and full crypto custody.
- KYC requirements will not be mandatory, and anyone can just connect with their email address.
There will be a Yield Farm, where anyone can get PLX while contributing liquidity by staking LP tokens.
Every trade on the Pullix Swap exchange incurs a 0.25% fee. This is then added to the Pullix pool in the form of LP tokens.
All of the LP tokens will get sold for PLX and distributed to the PullixLP holders in the pool, which can enhance the value of the holdings. These aspects position it as one of the best cryptos to buy now.
Summary
Sui has seen a major milestone, but Pullix can become a major competitor with its unique offering. The project has reached Stage 5 of its crypto ICO quicker than anticipated due to the heightened demand.
As a result, the PLX crypto is now at Stage 5, where a single token is worth $0.07. At launch, analysts are projecting a price upswing of 100x, and this will especially be the case following its listing on major Tier-1 exchanges. Its seen as one of the best cryptos to buy now as a result of these aspects.
For more information regarding Pullix’s presale see links below:
Keywords: best cryptos to buy now, crypto ICO, Sui
Meta Title: Sui (SUI) Reaches $200M in TVL – Pullix (PLX) to Solve Key Issues in DEXs and CEXsMeta Description: See how far Sui has grown, and why Pullix is positioned to become a market leader.