Recently, two developments have captured the attention of investors worldwide. Firstly, Pullix (PLX) has reached Stage 5 of its presale, raising over $2.5M. Some experts even claim this altcoin may surge by 100x in 2024. Secondly, VanEck’s submission of a new Bitcoin (BTC) ETF filing has triggered more hype for this crypto giant. Today, we will look at both developments in greater detail.
Pullix (PLX): A Game-Changing DeFi Project
Pullix (PLX), an innovative project making waves in the DeFi market, has reached Stage 5 of its presale. Global investors are interested in this groundbreaking platform that combines the best DEX and CEX aspects. On this hybrid exchange, you will find deep liquidity, high leverage at 1000:1, and self-custodial portfolio management.
We are delighted to share that the Pullix presale has officially entered Stage 5 after successfully selling out our entire Stage 4 allotment ahead of schedule.
This significant milestone could not have been achieved without the tremendous support of our visionary community.… pic.twitter.com/l6U1it0I7C
— Pullix (@Pullixmarkets) December 29, 2023
The significant difference between Pullix and other major exchanges like Coinbase is that, unlike them, Pullix will enable the trade of all asset classes (including cryptos) on one account. This means you no longer need to create multiple accounts or go to different platforms – incredible convenience. Additionally, this approach opens up many financial markets like the OTC derivatives, which BIS valued at $20.7T in 2022.
The PLX token is the main currency you will use on Pullix. It is valued at just $0.07 and has surged by 75% from its initial price. This token offers exclusive access to premium assets and a passive income stream through staking. Additionally, becoming a liquidity provider allows the staking of various cryptocurrencies, such as Dogecoin, with Pullix guaranteeing a fixed interest rate.
This feature has sold over 1.8M PLX tokens in Stage 5. Demand is so high that some analysts foresee a 580% surge in value before the presale concludes, followed by a potential 100x increase after listing on a Tier-1 CEX in 2024. With these promising factors, PLX is the best crypto to buy.
Bitcoin News
Simultaneously, a Bloomberg analyst, James Seyffart, revealed that VanEck had submitted a new S-1 amendment for their Bitcoin (BTC) ETF. With this amendment, VanEck has gone to Cash-Only for their Bitcoin ETF.
Meanwhile, the Bitcoin cryptocurrency value has increased from $37,730 on November 30 to $41,490 on December 30. This bullish trend may continue as this DeFi coin is trading above its 100 and 200-day EMAs.
Experts in the crypto field forecast that Bitcoin may trade at $45,041 before January 2024 ends.
Final Remarks
While Bitcoin may experience growth soon due to a Bitcoin ETF approval, its high market cap of $821B makes a significant surge challenging. To clarify, BTC would need a large influx of new funds for its current price to see a noteworthy rise. On the other hand, Pullix will not have this issue as its market cap sits at $14M. This means that only $14M is needed for its price to double. Therefore, global investors are turning to this altcoin instead of waiting on a BTC miracle.
For more information on Pullix’s presale, see the links below:
