As the Pullix presale moves closer to its end, traders are expecting it to eclipse traditional CEX and DEX platforms such as Crypto.com and Uniswap.
Crypto.com: Struggling to Break Resistance
Crypto.com struggles to have a breakthrough, with technical analysis showing possible further stagnation. Specifically, CRO oscillators show a sell signal, while the moving averages show a buy signal.
Last month, Crypto.com gained only 3.85%, while it lost 3.98% in the last 7 days. Still, a small daily rise of 3.26% shows a potential upside. However, for a bull market, things aren’t looking too bright.
Crypto.com seems unable to break key resistance as trust in centralized exchanges dwindles. Since the recent regulatory pushes by the US government, it seems many traders are moving to DEXs.
Uniswap: Up 17.32% in 30 Days
Uniswap did a little bit better than Crypto.com. In the last 30 days, Uniswap gained 17.32%, while it lost 7.82% in the last week. Today, it’s only 1.82% up, which isn’t as good considering most of the market is green.
Technical indicators for Uniswap don’t show a very optimistic outlook. However, it doesn’t show a pessimistic one either. UNI oscillators are showing – sell, while the moving averages are showing – buy. This isn’t a bad thing at all. However, some would expect better indicators in an emerging bull market.
However, as some share disdain towards CEXs with recent regulatory pushes, Uniswap has gained 17.32% in the last month. However, since we’re currently in a big crypto recovery timeline, these numbers aren’t as good as they should be. There seems to be a different DEX profiting from these transitions.
Pullix (PLX) Bringing Investors From CEX and DEX Platforms
Some users are fleeing CEX platforms like Crypto.com. This is happening because of rising regulatory pressures. With the recent $4 billion plea deal for Binance, some users have remembered that the coins are not theirs if the private keys aren’t theirs. Many have remembered previous CEX failures like FTX in recent times. This caused Uniswap to go up, along with Pullix, as they pulled in dissatisfied investors.
Dissatisfied users on centralized exchanges aren’t the only user base for Pullix. Many traders from Uniswap and Pancakeswap are flooding through the Pullix presale. Advanced trading tools, leverage, ETFs, stocks, etc., bring other DEX users into the platform.
There isn’t any other DEX where you can use an order book and other CEX-specific trading tools. DEXs mostly function on a buy/sell function at the current price. Well, that’s a thing of the past now. Pullix’s hybrid system is a combination of both CEX&DEX. Truly, the best of both worlds.
Users control their private keys, and they trade like they’re on a centralized exchange. The off-chain order book allows fast execution and zero gas costs. At the same time, the DEX aspects allow privacy and decentralization.
All these factors are leading to significant hype, with the presale already 68% complete. Analysts predict a 580% rise during the presale and an x100 at the launch date. As things seem, Pullix is going to eclipse Crypto.com and Uniswap altogether.
For more information regarding Pullix’s presale see links below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
