Hedera, Optimism, and Pullix see uptick in trading amid volatility
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In a shift from typical market reactions, Hedera (HBAR), Optimism (OP), and Pullix (PLX) experience increased trading volumes, highlighting sustained investor interest despite price volatility.
Hedera and Optimism showcase significant trading activity, while newly listed DeFi coin Pullix joins the trend with notable momentum, with nearly $3 million in trading volume recorded 48 hours after its listing on Uniswap.
Hedera surges in trading activity amid bull market
Hedera token is currently experiencing a daily trading influx of over 119.65%. This significant increase is attributed to its strong community support, which gives the token an 86% bullish rating.
Subsequently, Hedera’s price has increased by over 13.21% in the past 7 days and by over 77.43% in the past month.
Trading within a current weely price range of $0.108 and $0.1259, the native HBAR token is, however, showing a very positive price trajectory, after beating several bearish trends in the past week.
With a current 3.74% increase in its market cap, the Hedera token is holding through thick and thin as it accumulates significant gains.
Pullix marks debut with strong market entry
Entering the decentralized finance (DeFi) scene, Pullix has quickly attracted attention with its approach to enhancing online trading experiences.
Following a successful ICO, the PLX token saw a swift sell-out, generating nearly $10 million.
Starting its journey on Uniswap at $0.168, Pullix’s price has already climbed 150% in just two days, underscoring the project’s growth potential and initial solid market presence.
Optimism positioned for growth with rising market adoption
With a growing market cap, user adoption, and an increase in trading volume, Optimism is poised for a bullish 2024, with price predictions ranging from $4.48 to $7.59.
The token has gained 18.77% in the past 7 days and by over 44.39% in the past month. To corroborate its positive outlook, Optimism’s price currently sees a 79.58% yearly gain.
While experts predict that the Optimism token can price above $10 in 2025, the token currently holds a weekly price range of $3.65 and $4.51 as it showcases several bullish signs.
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