VeChain and Polkadot holders seeking opportunities in ongoing Pullix presale

DOT CRYPTO_NEWS

VeChain and Polkadot investors are eyeing Pullix, looking to diversify their holdings. Pullix has gained significant traction, raising more than $2 million and selling over 45 million PLX in four weeks.


## VeChain core network sees low carbon footprint
A recent tweet by blockchain researcher Collins Brown highlighted VeChain’s reduction in carbon footprint.

Last year, the VeChain mainnet, run by 101 authority nodes, had a low carbon footprint of only 4.46 t CO2e/year, representing 0.0216 kWh of electricity used per transaction.

Despite this positive development, VET is still 86.51% away from its peak price of $0.2782.

VET is trading between $0.03399437 and $0.03853227.


## Polkadot can drop by 20%
Polkadot is trading at around $8, rising from $3.6 registered earlier in the year.

Despite reaching an all-time high of $58 in 2021, it has lost over 90% in the past two years.

DOT is down 26.1% in the last week of December 2023 but up 74% in the previous month.

One analyst expects DOT to drop by 20%, citing a bearish signal.


## VeChain and Polkadot investors exploring Pullix
Publix offers a hybrid trading platform, seamlessly integrating the best features of DEX and CEX.

Unlike Binance, Pullix offers a broader range of tradable assets, including traditional financial instruments like forex.

This breadth of offerings expands investment opportunities and taps into the vast forex market, with a daily trading volume of $6.6 trillion, as per the Triennial Central Bank Survey in 2019.

Meanwhile, Pullix’s ecosystem includes other vital components:

Copy trading: With this feature, AI helps users easily copy the trades of top traders. VaultX: A yield optimizer that decentralizes earning compound interest on your crypto assets. Lending protocol: A market created for lending and borrowing, offering users new options.

PLX holders receive a share of Pullix’s daily revenue through its trade-to-earn model.

PLX is currently at $0.07 in stage 5 of the presale.

As a new project gaining attention among VeChain and Polkadot investors, there is optimism surrounding Pullix.

Analysts expect further price increases when Pullix lists on major centralized exchanges in Q2 2024.


## Final thoughts
While Polkadot and VeChain could see more gains in the future, investors are still diversifying to Pullix.

The project will launch in January 2024.

Meanwhile, DOT and VET investors look to tap into the expected PLX rally.

Source : crypto.news / Dec 31, 2023

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