TRON TVL up 91.6%, Pullix could rally after launch

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

CoinGecko data shows that TRON (TRX) is now the second-largest network by total value locked (TVL). Meanwhile, Pullix (PLX) is gaining traction as the first community-backed exchange to provide 24/7 access to markets, including crypto.

TRON’s TVL up 91.6% in 2023

TRON is now the second-largest network by TVL, according to CoinGecko’s October 2023 report.

The report indicates that TRON’s TVL grew from 12.3% ($4.1 billion) in January 2023 to 21.6% ($7.9 billion) in October 2023, a 91.6% increase.

Analyzing price data shows that TRX remains in an upward trend, rising from $0.100575 to $0.109823. 

Over the past year, TRX is up 90% but may reach $0.156 by Q1 2024.

Pullix aims to open up the global markets

 As TRON rises, attention has shifted to Pullix, a platform developing a self-custodial, community-backed exchange to reshape how individuals interact. 

It will provide a barrier-free environment where anyone can trade any asset, including crypto, around the clock without submitting details as part of know-your-customer (KYC).

You might also like: Celestia, Pullix, and Quant bullish, may extend gains before Christmas

Moreover, Pullix supports staking for PLX, Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other coins.

Pullix will also implement a token burn mechanism. 

The platform has a Copy Trader feature, allowing users to copy other successful traders and potentially amplify their portfolio performance.

Traders can also utilize their over-the-counter (OTC) derivatives with leverage up to 1000:1. At the same time, they can employ AI-driven trading tools for automated strategies.

Currently, PLX is available for $0.04 in the presale. However, experts predict more growth after launch.

For more information about the Pullix presale, see links below: 

Visit Pullix 

Join the Pullix communities

Read more: Early Ethereum whale moves $90m to Kraken; Arweave holders eyeing Pullix presale 

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.