Ripple Whale Transactions Pump, Pullix and Sui Lead a DeFi Market Rally


According to a recent tweet from Santiment, Ripple recently completed a huge whale transaction. The report also hinted that a breakout for Ripple would happen shortly. In the meantime, because of their positive price movements in the DeFi market, Sui and Pullix have emerged as the best altcoins to invest in.

Sui (SUI) Price Surges 79%

Sui (SUI) has become a top player in the DeFi market since its mainnet launch. Recent data reveals that Sui recently entered the top 10 DeFi ecosystems based on TVL.

This boom followed a 10-fold surge in its TVL, causing the network to exceed the $430 million mark. SUI, the native token of the Sui network, became one of the top 50 cryptocurrencies by market cap, as a result.

The DeFi coin is one of the top cryptocurrency gainers from the previous week, according to CoinMarketCap data. Furthermore, in the last week and month, Sui’s price has climbed by 16.9% and 72.6%, respectively. SUI has risen from a yearly low of $0.800 to $1.50 in February as a result of this surge.

Ripple (XRP): Santiment Cities Bullish Momentum

According to Santiment, a market intelligence tool, there may be a positive signal for Ripple (XRP). The platform hinted at the potential for a price rebound after a shift in trend in a recent tweet.

Santiment said that whale activity on the Ripple network has surged. On January 31, there were 217 whale transactions—transactions worth more than $1 million. Furthermore, the network has seen an increase in the number of new wallets.

On the other hand, Santiment cautioned about the Ripple coin trading below the $0.5 price line. The previous records of such a dip were all followed by a significant drop in prices for the DeFi coin.

Pullix (PLX) Rallies Into Stage 7 Of Its Presale, Boasts 15K Users

Similar to Sui, Pullix (PLX) has experienced a significant upswing during the last week. Pullix increased 25% to $0.10, but has more than doubled its price over the previous two months. In addition to its positive price trend, the Pullix community now has more than 15,000 members.

This significant number, achieved in just two months, demonstrates the great trust and confidence investors have in the Pullix ecosystem. Because of this, experts recommend it as the best cryptocurrency for beginners.

Pullix is a hybrid trading platform that combines the advantages of DEX and CEX markets. Pullix is now regarded as one of the top initiatives in the DeFi market thanks to its special mix.

The exchange offers a wide range of trading assets, including gold, cryptocurrencies, fiat money, and the FX market, which has a daily turnover of $6.6 trillion. The Pullix ecosystem also features the Lending Protocol, which allows for flexible lending and borrowing of cryptocurrencies, and Copy Trading.

Right now, the PLX token costs just $0.10, but this low price is not expected to stay the same for long. The price will go up as long as the presale lasts. When the presale ends and PLX is launched on exchanges, experts forecast a 100x increase in value. For this reason, one of the best altcoins to invest in is the Pullix token.

Conclusion

While Ripple rebounds hang on the balance, Sui and Pullix are up on the charts. Interestingly, Pullix is looking to launch their token and hybrid trading exchange once the presale has finished. This makes it the best cryptocurrency for beginners who are new to the crypto space and want to maximize their profits.

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

Visit Pullix

Join The Pullix Communities

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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