Following the rising momentum of Pullix (PLX), the token has effectively ousted Aptos (APT), which is on an extended bear trend as investors troop to the PLX ongoing presale to position themselves for the massive future rally. Meanwhile, THORChain (RUNE) is displaying a rallying signal, having previously experienced a bear sentiment. Analysts have picked PLX as one of the top cryptos to invest in the year. Find out the reasons below.
Aptos (APT) is having a significant bear trend, having struggled to trigger a rally within the last week. For context, Aptos has lost over 14% in price value within the last month. The token looked like it would rally after crossing the $10 mark on January 15th. However, the Aptos price has since come crashing down, as shown in the token's price stats.
Meanwhile, the Aptos price trajectory since the past year has been bearish. For context, the year-to-date price chart shows that the token has lost over 42% in value, having traded at an all-time high of $19.9 on January 30th, 2023. A look at the Aptos trading volume in the past week shows over 15% day-to-day gains which experts believe could lead to a resurgence soon.
Having experienced a significant price bull last December and January, THORChain (RUNE) fell into a bearish momentum with over 10% loss in price value within the past four weeks, as per market stats. However, THORChain price is making a rallying comeback with over 5% gain in price value over the past week.
Moreso, the THORChain trading volume has been on a consistent 35% average day-to-day growth within the past week. Overall, THORChain may be triggering a sustainable bullish sentiment, which could see the token replicate the bull run of last December.
It's going to be a busy few weeks ahead for Pullix (PLX) and investors as the token prepares for launch in less than 70 days from now. This is because the token is witnessing a massive inflow of investors, with over 15,000 participants already in possession of the PLX token. The recent listing of the token on CoinGecko also triggers the soaring momentum of PLX presale. As such, the blockchain community is hoping to buy the PLX crypto before its official listing in order to benefit from the potential price gains when it launches.
As a governance token on the Pullix platform, members will be rewarded with PLX tokens when they trade on the Pullix platform. The Pullix platform itself is a hybrid Trade-to-Earn exchange where traders can trade multiple cryptocurrencies such as Bitcoin, Aptos, Ethereum, THORChain, and more on the platform.
Moreso, the Pullix platform runs on a project share model, which means that revenues generated from the platform will be shared among PLX holders. Pullix platform also combines the best features of DeFi and CeFi exchanges to birth the ultimate trading exchange on the blockchain.
Meanwhile, the PLX token has been designed to grow in value through the token burn feature. This feature ensures that a percentage of PLX tokens is collected and burned, thereby decreasing the circulation of the token and increasing market value. With this feature, the PLX token may replicate the growth trajectory of the industry's best cryptos, like Bitcoin.
At the current price of only $0.10, investors can still buy the token to grow their portfolio and put themselves in a good position for future profits. There is a 10% bonus attached for those who purchase the token now. With over 85M tokens sold so far, PLX represents one of the top cryptos to invest in now.
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