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Uniswap (UNI) could soon see a major upswing in value that's fueled by the various building blocks currently in place for its future and through the various achievements experienced by its ecosystem. Yet it's not alone in this, as Pullix (PLX) is making remarkable progress with its blockchain ICO, which could propel it to new heights during the upcoming year and beyond. We will look at both and discuss which is the best cryptocurrency to buy today.
Uniswap (UNI) saw a major year, where it was $73 billion in swapping volume in February of 2023 alone. In addition, it launched three new chains and experienced 2.89 million wallets during the past year. 2023 represented a massive year for swapping on Uniswap, as the network reached a total trading volume of $454 billion.
Alongside this, the team announced DeFi rails on Uniswap, which could reduce remittance costs by as much as 80%. To do this, they teamed up with Circles to explore how on-chain international money transfers might be a safer and cheaper alternative.All of these aspects are placing Uniswap in a major position for growth in 2024, but it's not alone.
Pullix (PLX) is an upcoming platform that will set new standards in Web3. It will do this through providing a solution to key issues found in CEXs and DEXs. From the high gas fees to the slow transaction times, lack of liquidity, and lack of transparency, it will resolve these issues and can become a major player in the industry.
The platform will resolve this by introducing a blend of features that will establish it as the first community-backed exchange that will feature a seamless level of integration for blockchain technology.
PLX is the native crypto of the network and will play a major role in solving liquidity issues. Holders can stake it into a liquidity pool and can benefit from the platform's growth by getting fixed monthly passive capital gains.
Pullix will also introduce a deflationary model, and as a result, half of the PLX balance will be burned. This can lead to a reduction of the supply and an increase in its value over time. The other half gets given as a reward for those who contribute towards the liquidity of the ecosystem.
Pullix will stand out by offering derivatives and crypto trading all from a single account and without any KYC procedures as-well, and all of these aspects make it the best cryptocurrency to buy today.
The impressive network growth for Uniswap has positioned it as a major player in the industry, but it's not alone now, as Pullix could become a dominant force as well. During its blockchain ICO, the PLX crypto has reached Stage 4, where it trades at $0.046. At launch, analysts are expecting a major surge, fueled by the growth of its ecosystem and demand for such a platform.
For more information regarding Pullix's presale see links below:
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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.
