Since the approval of spot Bitcoin ETFs, the crypto market has been going through a major bloodbath. Bitcoin and the rest of the crypto market have dropped by more than 10%. However, some altcoins have managed to defy the bearish trend across the broader market.
The three top altcoins that have shown resilience to the bearish market are Sui (SUI), Sei (SEI), and Pullix (PLX). Let’s find out how these altcoins have managed to remain bullish amidst the ongoing market bloodbath.
Pullix (PLX) Captures Users’ Attention With Advanced DeFi Features
Pullix (PLX) is one of the top DeFi projects drawing interest from investors with its cutting-edge features, which have the potential to fundamentally alter their perception of the DeFi market. The exchange will provide a cohesive experience by including components from both DEXs and CEXs.
Another interesting feature is Pullix Swap, which will charge a 0.25% fee. Every time an exchange takes place on the site, this cost is incurred. The Pullix Pool is then replenished with the amount acquired. LP tokens will come from this. PullixLP holders will receive the PLX cryptocurrency after these are sold.
Furthermore, transactions will take place via a specific off-chain order book. This means transactions will be much faster, making Pullix one of the top DeFi projects. Pullix will also include a dedicated vault, perpetual futures, and CFDs. This is why there has been massive interest in the PLX token.
In Stage 7, the price of PLX is $0.10. With over 13,000 users registering on the platform. The blockchain initial coin offering (ICO) of Pullix has garnered significant interest ahead of its first-quarter launch. The Pullix price prediction states that it will launch with a 40x pump after it launches in the DeFi market.
Sei (SEI) Becomes a Top 50 Coin Amidst Market Slump
While the crypto market has been on a decline, Sei (SEI) has been increasing. The Layer 1 blockchain token has skyrocketed by more than 1,500% since its inception in August 2023. However, it has continued its uptrend amidst the market slump.
The price of the Sei crypto has increased by more than 80% over the last 30 days and an impressive 150% in 60 days. As a result, the market cap of the Sei crypto has increased to an astonishing $1.5 billion, making it the 46th largest crypto.
Sei is the fastest layer 1 blockchain and has attracted a lot of developers. As network use continues to rise, analysts have projected that the altcoin price will rise significantly. In a fully bull market, SEI might yield another 5x return on investment.
Sui (SUI) TVL Surges To Number 2 Non-EVM Blockchain
Created by Mysten Labs, Sui (SUI) is a Layer 1 blockchain that processes transactions more quickly than other blockchains by using parallel transaction processing. Thanks to its unique infrastructure, the Sui crypto has attracted a lot of developer activity.
The team behind the Sui crypto recently announced that in just eight months, the total value locked on the network has surged to $329 million. In one month, the TVL of the Sui crypto has increased by 68%, according to DeFiLlama.
Sui is now ranked as the second biggest non-EVM blockchain. The price of Sui has increased alongside its network growth. In the last 30 days, the altcoin price has increased by a remarkable 64%. As a result, the Sui crypto has increased to the $1.2 price range.
Closing Thoughts
While the crypto market is experiencing a downturn, some altcoins have defied the trend. This is why there has been a massive interest in Sui, Sei, and Pullix. However, with a more promising future, Pullix has seen the most attention from investors in the last few weeks.
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.
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Source: thinkbitcoins