Bare a few hours after the Bitcoin (BTC) price crossed the $60,000 mark, Coinbase suffered a serious crash, resulting in users seeing 0 account balances. Although the network outage may have been fixed, investors were thrown into panic mode while the entire ugly incident lasted. Meanwhile, the crypto market has been thrown into wild jubilation with the expected launch of Pullix this week. The DeFi project has enjoyed a meteoric rise in the crypto market and is set for monumental growth upon its launch. More details below.
Pullix (PLX) Listed on Uniswap, Sets Launch Floor Price at $0.168
With Bitcoin spearheading the crypto bull market after crossing $60,000 last week, the crypto market has been thrown into another frenzy which is the launch of Pullix this week. The frenzy has already started as Pullix hits Uniswap with a bang. The DeFi coin is set for launching in the next few days with the PLX launch price set at $0.168. New investors are scrambling for this token and could be the dark horses for a massive surge in 2024.
Pullix has risen above board in the market, raising more than $9.5M in presale and registering closer to 18,000 participants. Over 100M PLX tokens have been sold as the token is set for BitMart listing on March 7. Analysts have already projected a 35x rally in the year. Early investors have already gotten over 320% ROI with more on the way.
Meanwhile, Pullix is a novel idea of a hybrid trading system using the combined features of both centralized and decentralized exchanges. With investors getting ripped apart from these exchanges, Pullix stepped up with a classical innovation, enabling them to multiply their profitability. Pullix offers high liquidity, faster transaction processing, and zero charges.
So far, Pullix has sent shockwaves in the crypto market with its profit share model that allows token holders to earn a percentage of the platform’s daily revenue. Also, there is a token burn feature for non purchased tokens at the end of the presale. The DeFi project has been projected for monumental growth, and investors could potentially earn significant profits by investing now.
Coinbase Crashes as Investors Search for Alternative
Coinbase was hit with significant network outages that resulted in users’ account balances plummeting to 0. The events happened on Wednesday, 28 February, some moments after the surge of Bitcoin (BTC). Users were unable to perform transactions during the outage.
In his response, the Coinbase CEO swiftly announced that the outage was caused by huge traffic that overwhelmed the platform infrastructure. While Coinbase moved quickly to fix things, investors were already searching for alternatives with some turning towards Pullix which is coming up with novel unique ideas.
Bitcoin (BTC) Exceeds $60k as Coinbase Crumbles
Bitcoin has kick-started crypto resurgence with the crypto going past the $60,000 mark in the past week. In the past 30 days, Bitcoin has appreciated by a remarkable 48%, with the year-to-date price chart showing 183% growth. While the token’s attempt at $65,000 was swiftly rejected, BTC has found support at the $63,000 mark.
The current Bitcoin rally has moved it a step closer to the all-time high of $68,000 achieved in 2021. Meanwhile, with the Bitcoin market cap and trading volume all exhibiting bullish trajectories, the next few months will be pivotal in Bitcoin’s journey to set a new all-time high record. As such, analysts project Bitcoin price to reach $80,000 in 2024.
For more information regarding Pullix see links below:
Visit Pullix
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