Recently, Coinbase CEO Brian Armstrong announced he would challenge the SEC's decision not to create clear crypto regulation rules, this sent shockwaves across the entire market. Amid this development, DeFi coins such as Dogecoin (DOGE) and Pullix (PLX) are making headlines. While Dogecoin is on an upward trajectory, Pullix has already sold 5.7M tokens during Stage 2 of its presale. Some experts even foresee a 100x jump for this new ICO in 2024.

How High Will Dogecoin Go?

According to a new YouTube video from crypto analyst Pingu Charts, Dogecoin (DOGE) now presents a great buy opportunity. He predicted a potential rise to $0.11 for Dogecoin soon. Recently, Dogecoin has seen a surge as its value increased from $0.08 on November 16 to $0.09 on December 16.

From a technical standpoint, Dogecoin is promising to sustain its bullish trend, having recorded 20 out of 30 (67%) positive trading days in the last month and a 10.07% price volatility. Furthermore, its Fear & Greed index is currently at 67 (Greed), indicating favorable market sentiment.

Renowned experts in the crypto sphere foresee a potential surge in their Dogecoin price predictions. They project it to hit $0.1053 by the conclusion of 2023, making it one of the better DeFi coins.

Pullix (PLX): One of the Top DeFi Coins

Pullix (PLX) emerges as a hybrid concept, blending the best attributes of CEX’s and DEX’s into one DeFi trading platform. This unique approach will address all issues in the online trading sector, promising a revolutionary trading experience. You will be privy to a 1000:1 leverage, self-custodial portfolio management, deep liquidity, and more.

One of Pullix's standout features is its versatility. While many exchanges restrict trading to specific asset classes, Pullix removes these limitations. Here, you can trade cryptocurrencies and all asset types under one account. As a result, you may even enter the OTC derivatives market, which ISDA valued at $618T in 2022 - a 3.3% growth from 2021.

Beyond its exchange platform, Pullix will also incorporate many components in its ecosystem:

● Lending Protocol: This lending protocol operates as a money market mechanism that you can use for lending and borrowing.

● Swaps: Pullix offers a DeFi swap solution that simplifies token trading with minimal fees for all traders.

● VaultX: This is a decentralized, multichain yield optimizer designed to enable you to generate compound interest from your crypto holdings.

PLX powers all aspects of the Pullix ecosystem and serves as more than just a means of transaction - it's the key to unlocking exclusive benefits within the platform. For instance, those who hold the PLX token will receive up to 60% discounts on trading fees.

Stakers, on the other hand, will even get a percentage of Pullix's daily revenue thanks to its revenue-sharing model. You may even stake other cryptocurrencies with Pullix for a fixed interest rate.

Currently, it costs just $0.044 in Stage 3 of its presale. However, as the presale advances, so will its value. Many experts foresee its value surging by 100x after it hits exchanges in Q1 of 2024. This makes it the best crypto investment at the moment.

Conclusion

While Coinbase has announced it will challenge the SEC, the crypto market may thrive with Dogecoin and Pullix. However, Pullix stands out since, unlike Dogecoin, a meme-coin, PLX has actual utility. Plus, its low market cap of $8M means PLX will surge much faster as fewer new funds are needed - making it one of the best DeFi coins.

For more information regarding Pullix’s presale see links below:

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