The impressive performance that Injective has displayed over the last few months was not only reflected in its price trajectory. Injective also experienced a rallying rate of active wallet addresses that was recorded to have soared by 262.68%.
In another event, concerns have been brewing around Internet Computer, as the native token sees a downtrend lately. Meanwhile, Pullix is presumed to rally even higher than its presale performance upon launch, ranking among the best new cryptocurrency to invest in.
In the latter part of 2023 and the early months of 2024, Injective (INJ) Blockchain has demonstrated remarkable growth, particularly with the introduction of the Volan Upgrade. The growth of Injective token has since been on a steady rise, both in price and in TVL.
The Volan Upgrade on Injective also propelled the number of active addresses on the blockchain to an impressive 353,346, representing a remarkable surge of 262.68%. Injective is ultimately positioned for further success as the year closes in.
According to Injective's twitter post, they are currently excelling in two key areas— it is finely tuned for rapid financial transactions (Built for Finance – Fast), and it is actively contributing to the broader goal of achieving decentralized mass adoption (Mass Adoption – Decentralized).
At the commencement of the year, Internet Computer (ICP) experienced an ascent, reaching a peak above $16, only to subsequently dip to $10. This decline in Internet Computer price started a bear phase that has left investors with concern.
In the ensuing days, Internet Computer made three attempts to surpass the $14 mark, successfully achieving it once. However, the current trajectory indicates a renewed downturn for Internet Computer (ICP), with the current price resting at $11.50.
This represents a 6% decline over the past day and a 5% decrease compared to the previous week, signaling a fluctuating landscape for the cryptocurrency. However Internet Computer possess potential for a later surge.
Pullix (PLX) is a revolutionary DeFi project poised to transform the landscape of TradFi. With innovative features designed to elevate user experience and address industry challenges, this upcoming exchange seamlessly integrates the best aspects of both centralized (CEXs) and decentralized (DEXs) platforms, fostering ecosystem growth.
At the heart of Pullix's impact is Pullix Swap, boasting a minimal 0.25% fee for every exchange on the platform. These fees contribute to the Pullix Pool, generating LP tokens distributed to Pullix LP holders upon sale, ensuring a fair and efficient reward system.
Transactions on Pullix occur through a dedicated off-chain order book, enabling swift processing speeds. The platform extends its support to Contracts for Difference (CFDs) and perpetual futures, accompanied by a dedicated vault. This comprehensive approach positions PLX as a crypto to buy.
The current momentum is unmistakable, with over 3,500 PLX holders and 11,000 registrations for the presale. Stage 6 offers each PLX token at an enticing $0.08, prompting analysts to anticipate a 100x upswing post-launch.Looking ahead, Pullix ultimately emerges as one the best new cryptocurrency to invest in in 2024.
For more information regarding Pullix's presale see links below:
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.