Chainlink (LINK) and TRON (TRX) have both showcased bullish momentum on the charts, with green statistics across the YTD stats. This is an indication of a healthy upswing for both of the altcoins, and this could pave the way for future gains as well. Pullix (PLX) is also making significant progress, as its blockchain ICO is selling rapidly. To see why this has been the case, we will go over each DeFi project and over the price performance of its native crypto.
Chainlink (LINK) Climbs 122.6% YTD – Poised to Breach Above $23
Chainlink (LINK) has showcased reliable performance during the past week and moved between $13 and $15.87 in value. The Chainlink price is displaying bullish qualities and is expected to experience further upswing, as its YTD value surged 122.6%. The LINK price is on the higher band of the parallel channel and is gearing up for a potential upswing.
The Chainlink crypto demand needs to increase in order to enable the crypto to reach new heights. Its RSI, EMAs, and MACD all point towards a bullish outlook. According to the Chainlink price prediction, it can end 2024 with a value of $23.64.
TRON (TRX) Grows 80.8% – Can Bulls Push Its Value Further Up?
TRON (TRX) has spent time in a consolidation range before the crypto managed to experience an upswing. Yet, in the past year, it's up 80.8%, and in the past week, it increased by 10%, indicating a potential bullish resurgence. TRON crypto buyers tried to break the higher range and expand upwards. The trend line for the crypto is overvalued.
However, it's above the 50-day EMA, which acts as a catalyst for the TRON price bulls. During the week, TRX moved from $10.101 to $0.0117, and based on the latest on-chart metrics, it can rise further. According to the TRON price prediction, it can surge as high as $0.1817 by the end of Q4 of this year.
Pullix (PLX): To Change TradFi and Introduce Simple Access With Low Fees
Pullix (PLX) is an upcoming DeFi project that has benefited from the overall bullish market performance and is shaping up as a major contender in the industry. This upcoming platform will solve liquidity and transparency alongside accessibility and can change how people access the TradFi space forever.
Users will not be required to undergo KYC procedures. They can access the lowest fees with deep liquidity. Anyone can, as a result, freely trade stocks, forex, ETFs, and commodities all from a single account.
The project has reached Stage 6 of its presale, where a single PLX token is offered at $0.08. With the recent market momentum being bullish and the appeal in the platform being massive, analysts project an upswing of 100x at launch.
Summary
Chainlink is dominant on the charts, and TRON has experienced significant gains. Yet all of the appeal is currently heading towards Pullix due to its impressive stats. With its vast ecosystem and impressive presale performance, it is considered one of the best cryptos to invest in.
For more information regarding Pullix’s presale see links below:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
