Crypto Evolution: Pullix (PLX) Takes The Lead, Fetch.ai (FET) And Aave (AAVE) Begin To Slow

According to crypto analyst Michael Van de Poppe, the altcoin market witnessed the highest 2-year liquidation on January 3rd. The liquidation has forced Fetch.ai and Aave to slow down on their latest price movement. Even so, Pullix remained untouched as it continued to soar through its presale into stage 6 in less than a month! Now raising over $3million and selling over 60million tokens in this time Pullix is continuing to attract widespread attention ahead of its impending Q1 2024 launch.

Fetch.ai (FET) Slows Down As It Faced Pressure At $0.7540

Fetch.ai (FET) has been on an upward trend since October 18th, when the crypto market showed bullish signs. Currently, it is facing strong resistance at the $0.7540 mark. According to CoinMarketCap, the price of Fetch.ai has ranged between $0.630875 and $0.749822 in the last week.

Santiment data recently showed a rise in active deposits. This demonstrates that investors are transferring more coins to centralized exchanges. This indicates that there may be an increase in selling pressure in the near future.

Withdrawals have also decreased since mid-December, falling from 230 to just 46. This indicates a decrease in accumulation. Fetch.ai might decline 10% if it loses support at the 25-day EMA in a bearish scenario.

Aave (AAVE) Price Outlook

This week, Aave (AAVE), the native token of the Aave crypto lending platform, made a significant jump. It increased from a seven-day low of $99.15 to a high of $120.84, piquing the interest of investors and analysts.

The recent liquidation in the altcoin market, however, has had an impact on the ERC20 token. Aave crypto has dropped to the $100 price range, giving up some of its recent gains. Nonetheless, the Aave price continues to rise on a monthly and year-to-date basis.

The Aave crypto is up 8.4% and 83.8% on a monthly and yearly basis, according to CoinMarketCap. If market sentiment improves, Aave could gain momentum and surpass the $120 price point. However, if selling continues, the token could drop to $90.

Pullix (PLX) Leads the Altcoin Market Rally

While the bullish momentum of Aave and Fetch.ai has slowed down lately, Pullix (PLX) continues to climb higher. Currently, bulls are aiming for the $0.2 price mark. Why do analysts believe Pullix could become one of the best DeFi projects of 2024? It is the hybrid infrastructure of Pullix – a combination of the best DEX and CEX features – that has made Pullix popular.

Pullix intends to minimize trading fees while also making trading faster, easier, and more accessible to more individuals. Pullix will provide traders with more trading assets, such as silver, equities, forex, gold, and other commodities.

This market is significantly bigger than crypto. While crypto has a daily trading volume of $204 billion, the Forex market has over $7.6 trillion. Pullix has a great opportunity here. More users trading on their platform may increase the value of the PLX token. Because of this expansion, Pullix is an excellent alternative for individuals looking for the best DeFi project.

Another feature that Pullix will offer is the DeFi Swap. It would allow people to swap assets on their own quickly and cheaply. Its main benefit is that people do not have to wait long for trades. This has made experts tag Pullix as a good crypto to buy.

Conclusion

Pullix is blazing on all cylinders while Aave and Fetch.ai have hit a snag in their uptrend. The ERC20 token increased in value by 100% in one month from its initial price of $0.04 to its current price of $0.08.

All eyes are now on Pullix’s anticipated launch later this month. Analysts estimate the coin will provide a 100x ROI upon its introduction, making Pullix a good crypto to buy.

For more information regarding Pullix’s presale see links below:

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