Still I Rise – Bitcoin (BTC) Climbs Above $43K; Pullix (PLX) Launch Imminent
In Brief
Positioned as an innovative hybrid trading platform, Pullix (PLX) aims to combine the best features of centralized and decentralized exchanges.
Despite everyone’s expectations, Bitcoin (BTC) is once again skyrocketing. With one of the top crypto coins surpassing $43,000, it’s keeping investors happy. Meanwhile, Pullix (PLX) is now being prepped for its big launch. This new DeFi project, now in Stage 7 of its presale, may even evolve into the next 40x token in 2024, as per some analysts. Keep reading to find out why.
The Bitcoin Price Surpasses $43,000
The recent rise of Bitcoin (BTC) shows it’s as strong as ever. At one point, it even broke past the $43,000 barrier, which has caused excitement among those keeping a close eye on it.
According to CoinMarketCap, the Bitcoin price has fluctuated between $40,090 and $43,636 in the past week alone. During that time, its market cap has increased from $791B to $838B. Furthermore, sentiment for the Bitcoin cryptocurrency is now bullish with 20 technical indicators in the green.
As a result of all these factors, market analysts have made a bullish Bitcoin price prediction. They forecast a potential price surge to $64,001 within Q2 of 2024.
Pullix (PLX): A Unique DeFi Project on the Horizon
Meanwhile, the crypto community is waiting for Pullix (PLX) to launch. Positioned as an innovative hybrid trading platform, it aims to combine the best features of centralized and decentralized exchanges. As a result, traders will experience high leverage at 1000:1, deep liquidity, and self-custodial portfolio management.
This innovative approach will remove any problems traders may find on other platforms. Take Binance, for example. It only focuses on cryptocurrencies. But Pullix will allow the trade of all asset classes (including cryptos) on one account. Thus, Pullix increases convenience for all traders since they will not have to create multiple accounts.
While the exchange is the central pillar of its ecosystem, the Pullix team will also introduce:
- Lending Protocol: A lending protocol that creates money markets for lending and borrowing.
- Yield Farming: Yield Farms will let you earn the PLX native token by staking LP tokens.
The PLX native token provides the power behind all of these features. Holding it is crucial if you wish to obtain reduced trading fees. But this altcoin stands out because of its “Trade-to-Earn” revenue-sharing model. In other words, Pullix will provide PLX stakers with a percentage of its daily revenue. This means the more trades, the more staking rewards.
One PLX token is worth just $0.10 in Stage 7 of its presale. Those who bought it early enjoy a 150% ROI, but analysts project a 40x pump once it hits exchanges after its launch in Q1 of 2024. Traders have taken notice as they flood this crypto ICO event, helping it raise close to $5 million and sell nearly 1.6 million tokens.
Can Pullix Outshine Bitcoin?
While Bitcoin is one of the top crypto coins, Pullix has gained a competitive edge. Firstly, it has a market cap of $20M, which means fewer new funds need to be injected into it for a price surge. Plus, Pullix has real-world ties to the flourishing and resilient OTC derivatives market, which ISDA valued at $618T in 2022. This makes PLX the best crypto to invest in now.
If interested, use the links below to buy the PLX token and receive a 10% bonus on each purchase.
For more information regarding Pullix’s presale see links below:
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
