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The DeFi market continues to be full of activity, with Pullix (PLX) seeing a 100% surge since its start. This new ICO in Stage 6 of its presale has already obtained $3.2M. Meanwhile, Binance Coin (BNB) stands at an inflection point, witnessing a shift in whale interest. They are now flooding the Pullix presale as it could evolve into the next 100x token in 2024 – let's see why.
Pullix (PLX) recently entered Stage 6 of its presale with a bang. It has already provided early buyers a 100% ROI while selling over 60M tokens. The Pullix team also announced a limited offer 20% token bonus has gone live for this presale stage.
Whales are now flooding this crypto ICO event to obtain the PLX token, as holding it will bring many benefits. For instance, PLX holders will receive exclusive asset class access on the Pullix platform. This DeFi project is an upcoming market disruptor that will combine the best features of CEX and DEX into one place.
Traders worldwide will find deep liquidity, high leverage at 1000:1, and self-custodial portfolio management. Additionally, Pullix differentiates itself from other platforms like Binance by allowing the trade of all asset classes (including cryptos) on one account. Therefore, you may tap into the OTC derivatives market, which BIS valued at $20.7T in 2022.
The PLX token is the main currency on this platform, and staking it is perfect for all those looking for passive income. It is the first "Trade-to-Earn" crypto meaning that stakers will gain a percentage of Pullix's daily revenue. PLX now costs only $0.08, but experts foresee a 100x pump once it lists on a significant Tier-1 CEX in Q1 of 2024.
Simultaneously, the crypto analyst behind the More Crypto Online YouTube channel made a bullish Binance Coin (BNB) price prediction. According to his new YouTube video, Binance Coin may hit the $364 level before the next pullback.
CoinMarketCap data shows us that the Binance Coin price has increased from $301 on January 8 to $303 on January 9. Sentiment is bullish about this altcoin, with 27 technical indicators in the green. It is also trading above its 100 and 200-day EMAs, which is a good bullish sign.
As a result, market analysts remain confident as they predict that the Binance Coin could trade at the $497 level in Q1 of 2024.
Looking at both of these altcoins, we notice that Pullix has the upper hand. Firstly, it has a low market cap of $16M, while Binance Coin sits at $45.9B. This means PLX would surge much faster as fewer new funds need to be injected into it. Secondly, it has real-world ties to many flourishing markets like the Forex one, which Baby Pips claims is the biggest.
Due to all these reasons, whales are now rushing to purchase this altcoin before its value skyrockets.
For more information regarding Pullix's presale see links below:
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
