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Tag: PLX

  • Ethereum and Bitcoin drive crypto market surge; Pullix PLX token presale nears end

    Ethereum and Bitcoin drive crypto market surge; Pullix PLX token presale nears end

    • Ethereum (ETH) surged above $3400, driven by Bitcoin’s rise.
    • Pullix pre-sale ending soon; PLX to list on Uniswap, BitMart.
    • Investors eying Ethereum (ETH) and Pullix (PLX) amid the bullish crypto market.

    The cryptocurrency market is experiencing a significant surge, propelled by impressive gains in Ethereum (ETH) and Bitcoin (BTC). Ethereum has seen a remarkable increase of over 17% in the last week, reaching $3,470.73.

    Ethereum’s price surge can be attributed to the generally bullish sentiment in the crypto market largely attributed to the positive performance of Bitcoin, which has surged by 21% since Monday, trading at $62,807.02 at the time of writing.

    As the cryptocurrency market witnesses a bull cycle, the presale of Pullix’s native token is a few days to its end awaiting listing on two crypto exchanges.

    Ethereum’s price surge and market dynamics

    Ethereum’s recent price surge is a testament to its resilience and growing popularity in the cryptocurrency market.

    With a surge of over 10% in the past two days, ETH has demonstrated strong momentum, driven by bullish market sentiment and increasing demand from investors. The major driver behind Ethereum’s rise, as with other altcoins, remains Bitcoin, which continues to dominate the market and influence price movements across the board.

    Factors such as the growing adoption of decentralized finance (DeFi) applications and the upcoming Ethereum 2.0 upgrade, which aims to improve scalability and security, have also contributed to Ethereum’s positive performance.

    Additionally, Ethereum’s role as a platform for decentralized applications (dApps) and smart contracts further enhances its utility and value proposition, attracting both developers and users to the ecosystem.

    Pullix: introducing a new hybrid crypto trading platform

    Amid the cryptocurrency market surge, Pullix emerges as a promising player in the space.

    Pullix is a new DeFi protocol that is launching a hybrid exchange, seamlessly blending the strengths of centralized and decentralized exchanges into one unified platform. The platform introduces the concept of “Trade-to-Earn,” empowering users to earn a portion of the daily revenues generated by the exchange through its native token, PLX.

    Pullix aims to disrupt the status quo in the crypto trading industry by offering innovative features such as passive income through staking PLX tokens, trading discounts, and exclusive rewards from daily revenue. The platform’s roadmap outlines ambitious plans for development, including completing the presale, launching the PLX token on decentralized and centralized exchanges, and beta launching the platform for users.

    PLX presale nears end; listing on Uniswap and BitMart await

    As the presale for the PLX token nears its end, investors have an opportunity to participate in Pullix’s vision and secure their stake in the platform’s ecosystem. The presale, which accepts various cryptocurrencies including Bitcoin, Ethereum, USDT, and others, has garnered significant interest from the community, reflecting confidence in Pullix’s potential.

    The presale, which is currently in its last presale round dubbed ‘Bonus Round’ offering PLX at $0.14, has successfully raised $8,700,672. The last stage is over 47% sold out and investors still have an opportunity to participate with three days remaining. to participate, visit the Pullix website.

    The PLX token, designed as the utility token of the Pullix ecosystem, offers a range of benefits to holders. These include passive income through staking, trading discounts of up to 60%, and exclusive rewards derived from the daily revenues generated by the Pullix exchange.

    The anticipation builds as the PLX token is set to launch on Uniswap on March 4th, 2024, followed by a listing on BitMart on March 7th, 2024. After the Uniswap launch, the team plans to lock the liquidity pool for 24 months, ensuring stability and mitigating potential risks.

    Is it the right time to invest in Ethereum and Pullix?

    With Ethereum and Bitcoin leading the market surge and Pullix presenting an innovative approach to crypto trading and investment, investors may be wondering if now is the right time to invest. While past performance is not indicative of future results, the positive momentum and promising developments in both Ethereum and Pullix suggest potential growth opportunities.

    As always, investors should conduct thorough research, assess their risk tolerance, and consider their investment goals before making any decisions. With the cryptocurrency market’s inherent volatility, it’s essential to approach investment opportunities with caution and diligence.

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  • Manta Network (MANTA), SUI, and Pullix (PLX) soar as crypto market takes a hit

    Manta Network (MANTA), SUI, and Pullix (PLX) soar as crypto market takes a hit

    • MANTA, SUI, and PLX defy market downturn, showcasing resilience amid Bitcoin’s decline.
    • Manta Network surges on Bithumb listing and successful airdrop, capturing investor interest.
    • Pullix’s PLX presale gains momentum, offering an innovative “Trade-to-Earn” concept.

    In the midst of a crypto market downturn triggered by Bitcoin’s recent price decline, some altcoins are defying the trend and experiencing significant growth. Manta Network (MANTA), Sui (SUI), and Pullix (PLX) have emerged as standout performers, showcasing resilience amid the broader market challenges.

    Read along as we delve into the reasons behind Bitcoin’s slump and explore the notable rises of MANTA, SUI, and the ongoing presale of PLX.

    Bitcoin’s decline and crypto market plunge

    As Bitcoin faces increased volatility, the entire crypto market has witnessed a notable downturn. Bitcoin briefly dropped leading to millions in liquidations. Although BTC price has regained $40,000, the recent decline in Bitcoin’s price, coupled with broader market uncertainties, led to double-digit losses for various altcoins.

    Investors are grappling with the impact of these market movements, which have contributed to a cautious sentiment and a temporary loss of support for many cryptocurrencies.

    Manta Network (MANTA): defying the odds

    Amid the crypto market turmoil, Manta Network (MANTA) stands out with a remarkable surge. Recent positive developments, including a listing on Bithumb and a successful airdrop for early supporters, have contributed to MANTA’s significant price increase. The token has seen a 30% surge in a single day.

    MANTA price chart

    The token’s resilience in the face of market challenges positions it as a noteworthy player in the decentralized finance (DeFi) landscape, garnering attention from investors seeking alternatives. Surprisingly, Manta’s surge comes against the backdrop of a major DDoS attack.

    SUI token: a rising star

    SUI, another altcoin in focus, has experienced notable growth despite the broader market uncertainties. The recent achievement of surpassing Bitcoin in Total Locked Value (TVL) following the approval of a spot Bitcoin ETF has propelled SUI into the spotlight.

    With a surge of over 8% in the last 24 hours and more than 70% in the last 30 days, SUI is capturing the interest of investors looking for promising opportunities beyond the traditional crypto heavyweights.

    SUI price chart

    Pullix (PLX): shaping the future of crypto trading

    Pullix, an innovative player in the crypto space, is currently in its presale stage, challenging the status quo of traditional exchanges. PLX, the native token of the Pullix ecosystem currently in its presale stage, introduces a novel concept of “Trade-to-Earn,” enabling users to earn rewards from the platform’s daily revenues.

    The platform’s hybrid approach, combining the strengths of centralized and decentralized exchanges, aims to address liquidity issues and provide a comprehensive trading experience.

    The PLX presale is gaining momentum and attracting investors in droves. As of the latest update, Pullix has raised $4,364,732, with a remaining supply of 15.1%. In the current presale stage, the PLX token is going for $0.08, with a price increase expected in a couple of days.

    The presale, scheduled to progress through stages, offers users the opportunity to participate in the early growth phases of the platform. With a fixed supply of 200,000,000 PLX tokens and a strategic allocation across presale, rewards, team, exchange listings, and marketing, Pullix aims to create a robust and sustainable ecosystem.

    Conclusion

    In a crypto market characterized by fluctuations, Manta Network (MANTA), SUI, and Pullix (PLX) emerge as notable players exhibiting resilience and growth.

    While Bitcoin’s recent decline has created a challenging environment, these altcoins showcase the dynamism and diversity within the crypto space. As investors navigate uncertainties, the unique features and positive developments surrounding MANTA, SUI, and Pullix contribute to their standing as intriguing options in the evolving landscape of digital assets.

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  • Nasdaq and Cboe eyeing Bitcoin ETF Options, Pullix’s PLX presale nears $4M

    Nasdaq and Cboe eyeing Bitcoin ETF Options, Pullix’s PLX presale nears $4M

    • SEC nods propel Bitcoin ETF options trading by Nasdaq and Cboe, marking a significant leap in crypto investment avenues.
    • Nasdaq’s BTC ETF options promise cost efficiency, advanced hedging; Analysts foresee hedge fund influx.
    • Pullix’s PLX token presale gains traction, introducing a game-changing “Trade-to-Earn” concept, reshaping crypto engagement.

    Just when everyone thought that 2024 had seen the most after the recent spot Bitocin ETFs approval by the US SEC, excitement is rippling through the crypto community again as Nasdaq and Cboe gear up for Bitcoin ETF options trading. The two have already filed applications with the SEC and the regulatory authority has recognized the applications.

    Simultaneously, Pullix, a hybrid trading platform is promising a new era in decentralized finance.

    Nasdaq and Cboe Bitcoin ETF Options trading move

    In a screenshot posted on X by James Seyffart, the SEC has already acknowledged the 19b-4s requesting the ability to trade options on spot Bitcoin ETFs.

    Nasdaq’s proposal centres around listing options for BlackRock’s iShares Bitcoin Trust, while Cboe aims to trade options on exchange-traded products (ETPs) holding Bitcoin. Notably, Cboe’s prominent role in launching six of the SEC-approved spot BTC ETFs positions it as a key player in shaping the crypto market.

    With positive market responses and efficient tracking of Bitcoin’s price since ETF trading initiation on January 11, options trading is considered the “next logical step,” offering enhanced utility and risk management for investors.

    Options trading in BTC ETFs, as proposed by Nasdaq, is hailed for bringing cost efficiencies and advanced hedging strategies to investors. Derivatives provide the right to buy or sell an asset within a specified timeframe, enhancing utility for a broader investor base, including traditional finance sectors.

    Analyst Dave Nadig from VettaFi in an interview with CNBC predicted that the introduction of BTC ETF options will attract hedge fund players, fostering increased speculation and diversified investment approaches in the crypto market.

    The regulatory waiting game is on, with options approval potentially by the end of February, pending SEC decisions and a 21-day public comment period.

    Pullix: unveiling Trade-to-Earn model 

    Amidst the crypto fervour surrounding Biotin ETFs, The upcoming Pullix trading platform takes centre stage with its innovative model. Pullix introduces a unique “Trade-to-Earn” concept, allowing users holding its native token, the PLX, to earn instant rewards for trading on the platform.

    The PLX token’s main USP lies in its revenue-sharing mechanism, enabling holders to profit from the daily revenues generated by the trading exchange. This game-changing approach combines active trading with a guaranteed fixed income, setting Pullix apart in the rapidly evolving crypto space.

    The token is currently in its sixth presale stage and is already showing signs of massive support from crypto enthusiasts. At press time, the presale had raised close to $4 million with only five stages sold out.

    To participate in the presale and acquire the PLX token ahead of the Pullix platform launch, which is scheduled for before the end of January, you can visit the official Pullix Website.

    Conclusion

    As the crypto market witnesses a transformative phase with Nasdaq and Cboe expediting options trading on Bitcoin ETFs, Pullix’s PLX presale adds another layer of excitement, introducing a “Trade-to-Earn” model that could redefine user engagement in decentralized finance.

    Investors and enthusiasts alike are closely watching these developments, eagerly anticipating the impact on investment strategies and the broader adoption of cryptocurrencies. The convergence of innovative trading platforms and tokenomics marks a significant chapter in the evolving narrative of digital assets.

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  • Pullix (PLX) price outlook as investors savour bullish market

    Pullix (PLX) price outlook as investors savour bullish market

    • Pullix (PLX) presale price has increased to $0.08 in stage 6.
    • Meanwhile, the broader crypto market outlook is bullish amid anticipated Bitcoin ETF approval.
    • As Bitcoin looks to break higher, analysts say altcoins could follow.

    With investors in an extremely bullish mood, top altcoins led by Ethereum are looking to strengthen their latest upside momentum. 

    Pullix, whose presale has surpassed the $3.2 million mark as investors take an early position, is also poised as it eyes its market debut.

    Altcoins surge as BTC price retests $47k level

    Bitcoin’s price saw a remarkable move on Monday as it soared more than 5% to break to the $47,000 level. The upside came as the crypto market increasingly became convinced the US Securities and Exchange Commission (SEC) is set to approve the US market’s first spot Bitcoin ETF.

    This latest bullish flip coincided with the SEC Chair Gary Gensler’s comment on the potential risks of investing in crypto.

    The broader reaction saw BTC pull altcoins higher, with Ethereum boosted to above $2,300, BNB above $310 and Solana swinging past the psychological $100 level.

    While prices have seen a correction in the past 24 hours, with BTC back to $46,500 and ETH to $2,300 levels, crypto analyst Michael van de Poppe says ETF sentiment remains the main catalyst this week. He expects Bitcoin to hit prices in the $48k to $51k range on approval, while altcoins could see a late flourish. He also says dips are for buying.

    Pullix presale heats up amid bullish market

    The drive behind Pullix (PLX) token sale is its technology and what it could mean for the crypto trading industry, and DeFi in particular, in 2024 and beyond.

    Set to mark its entry in the market after its presale, Pullix will offer a hybrid exchange platform designed to offer the best of both centralised and decentralised exchanges. Importantly, given the recent hiccups around exchanges such as FTX and Binance, Pullix promises a non-custodial exchange where users remain in complete control of their assets.

    Investors eyeing the potential impact of Pullix in the ecosystem see its presale as a perfect phase to make an entry. That and the expected bull run mean buying PLX today could be a smart move. Pullix has so far raised $3.2 million in its PLX token sale.

    PLX price prediction

    Currently, PLX is priced at $0.08 in stage 6 of the presale. The PLX price at the start of the presale was $0.04, which means first stage buyers are looking at a potential 100% upside were the token to launch in the market today. Fortunately, the presale is ongoing, with a small amount of the 60% of total supply available for presale still up for grabs.

    When the presale phase ends, Pullix will go live on trading platforms. Apart from its fundamental strengths, momentum seen across the market could be key to catapulting PLX higher. 

    If you are looking to invest in this token, add your own due diligence. You can visit the Pullix website for more details about its hybrid exchange and tokenomics.

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