The approval of the Bitcoin ETF kick-started the Bitcoin (BTC) rally earlier in January. Although the general market experienced a decline moments after the approval, the market has since bounced back, with the Bitcoin price reaching $65k. Now, with the impending approval of Ethereum ETF (ETH), the same trend may follow. If approved, the market momentum may experience a decline before it regains to mount a serious challenge. In the same vein, what Pullix (PLX) is building has lit up the crypto market and every investor should watch out for this DeFi token in its debut year.
Pullix (PLX) to Skyrocket to New Highs in its Debut Year
With Bitcoin and Ethereum surging, Pullix is building up momentum in its debut year. The project has earned rave reviews from the start of the presale till its end with many investors accumulating the native ERC20 token PLX. Pullix is an ideal solution to liquidity problems of exchanges and it offers high liquidity and zero commission on transactions.
Essentially, Pullix is a non-custodial exchange, allowing investors to have absolute control of their assets. After understanding the solution provided by Pullix, investors have trooped out to be part of the project. The project raised an impressive $9.5M in presale, registered nearly 18k participants, and sold more than 130M native tokens.
With the presale done, Pullix has been listed on Uniswap and is currently sold for $0.46. At this rate, early investors have gotten over 320% ROI and new investors could earn substantially more by the time of the bull run kickstarts. Investors can also earn additional rewards through the platform profit share model in which they earn a fixed daily percentage from Pullix revenue.
On March 7, Pullix will reach another milestone by listing on BitMart. Barely 24 hours after listing on Uniswap, the DeFi crypto trading has reached $2.5M, reflecting the heightened interest of investors in the project. Investors should also be looking forward to the token burn feature which will happen any moment from now. With the bull market yet to reach full swing, the best is yet to come for this DeFi token.
Bitcoin (BTC) Hits $67k As Momentum Continue To Flourish
Bitcoin’s (BTC) bullish surges have continued with the number one cryptocurrency on the verge of breaking its all-time high record. The token has surged to $67k after appreciating by 57% in the past 30 days. On the weekly chart, Bitcoin price has moved by 19% as investors consolidate their gains.
Analysts believe this month could prove pivotal in the BTC trajectory. With the Bitcoin ETF backing the market momentum, a substantial surge is expected till the end of the year. As such, analysts predict Bitcoin price could reach $100k in 2024.
Ethereum (ETH) Follows Bitcoin, Edges Closer to $4k
Ethereum (ETH) has shown immense potential in the past few weeks as the token is set to reach $4k. Although Ethereum experienced a slight pullback after reaching $3700, the token has since retested the threshold with intense momentum.
Even with the SEC postponing the Ethereum ETF decisions, analysts expect the DeFi coin to bolster its position. With a year-to-date price increase of 138%, the Ethereum price may close down the $4k mark before the end of the year.
For more information regarding Pullix see links below:
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