2023-12-20 16:00 |
Zilliqa and Elrond have risen as two top altcoins on investors’ radar as they battle the crypto market correction. On the other hand, a new altcoin in presale, Pullix, has seen a huge rise in demand. The value of the PLX token is expected increas 580% during the presale phase.
Zilliqa (ZIL) hot on investors wish listZilliqa has been one of the most purchased altcoins in recent times. The Zilliqa (ZIL) network was the first network based on sharding. This approach organizes transactions into smaller groups and is distributed among miners for simultaneous verification.
Therefore, transactions happen faster on the blockchain. Zilliqa’s transaction fee is lower than those of Bitcoin or Ethereum. Zilliqa established a partnership with Google Cloud in September. The token’s value has climbed since then.
According to CoinMarketCap data, the Zilliqa token traded between $0.02213108 and $0.02550276 on a weekly basis. The coin has seen 20 (67%) green days and 5. 13% price volatility in the last 30 days. DigitalCoinPrice has forecast that the Zilliqa token could reach $0.0345 in 2023.
Elrond (EGLD) has soared 19% despite bearish marketElrond (EGLD) serves as a technology ecosystem for the emerging internet. It functions as a highly scalable, swift, and secure blockchain platform for distributed applications.
When compared to other blockchains, the Elrond coin boasts quick execution times. EGLD, the protocol’s native asset, has grown significantly. During November, the price of Elrond was observed trading within a narrow range of $27.94 to $30.96.
However, a price increase brought the token to between $41.39 and $49.05 USD. The Elrond coin has traded between the $47.93 and $68.51 price range with a 19.2% weekly gain. In a bullish scenario, ELDG might rise to a high of $85.
No KYC requirements on Pullix (PLX) as project attracts usersTraders and crypto enthusiasts have sought platforms to trade using cryptocurrencies as collateral, reducing the need for KYC checks and providing access to OTC derivatives trading. Pullix is a new blockchain ICO project created to solve this problem. The hybrid exchange has combined the strengths of centralized and decentralized exchanges.
“Trade-to-Earn” is one of Pullix’s flagship features. It allows $PLX token holders to earn a share of daily exchange revenues. This positions PLX as one of the best altcoins currently available. The community-driven platform aims to be user-friendly for all types of traders.
Pullix has also integrated a smooth user experience and yield farming. This allows users to earn rewards by contributing to liquidity pools. Staking has also been made easier on the exchange, allowing users to lock tokens in order to sustain the network and earn additional incentives. The Pullix liquidity provision tool will help customers to improve market liquidity.
For the blockchain ICO project, this creates a dynamic and efficient trading environment. Individuals can acquire extra tokens by using the ways described above. The Pullix token can currently be purchased for $0.042 per token.
In a nutshellZilliqa, Elrond, and Pullix are among the top altcoins that have seen wide acceptance from investors. However, the alt coin, Pullix, has received greater demand as investors have shown interest in the project.
For more information regarding Pullix’s presale, visit their website or join the community.
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