Ethereum (ETH) Dencun Upgrade Goes Live, Binance Releases USDC-Margined DOGE Futures, Pullix (PLX) Prepares for Launch
Ethereum’s Dencun Upgrade went live on January 17th. Meanwhile, Binance is adding USDC-margined DOGE Futures to its lineup to appeal to more traders. On the other hand, Pullix, a top crypto to buy, is preparing to launch its exchange in the first quarter of 2024.
Ethereum (ETH) Dencun Upgrade Goes Live
The long-awaited Dencun upgrade for Ethereum (ETH) has arrived on the Goerli testnet. Interestingly, the Dencun upgrade includes a modification known as “proto-danksharding.”
The aim of the upgrade is to reduce layer-2 transaction costs. Tim Beiko, community manager at the Ethereum Foundation, tweeted about the upgrade, which went live on Ethereum’s Goerli testnet on January 17th. Unfortunately, he noted that participation was very low.
The next part of the upgrade will happen on the Sepolia testnet on January 31st. Meanwhile, Ethereum’s price has reacted positively to the news. The alt coin is up 8.0% on the weekly chart as it rose from a low of $2,355.79 to a high of $2,698.43.
Dogecoin (DOGE): Binance Unveils USDC-Margined DOGE Futures
A new announcement from Binance Futures, the futures platform of Binance, has caused a buzz in the meme coin community. According to the announcement, Binance Futures wants to launch USD Coin-margined Dogecoin (DOGE) futures.
The top exchange revealed the aim is to improve traders’ experiences and give users more investment options. Beginning January 18th, investors will be able to trade Dogecoin futures margined with USD Coin. Furthermore, users will benefit from leverage of up to 75x.
Meanwhile, Dogecoin is trading between $0.07717 and $0.08728 on the 7-day price chart. The meme coin has increased 3.3% in the past week. With the recent DOGE futures, analysts are bullish on Dogecoin price to retest the $0.1 price level soon.
Pullix (PLX) Gains Massive Traction Ahead of Launch
Pullix (PLX) is attracting investors as a top crypto to buy, especially since its price has doubled from $0.04 to $0.08 ahead of its launch this first quarter. It is the native token of an upcoming exchange combining the benefits of centralized and decentralized systems.
This means investors have a wide range of assets to choose from. Meanwhile, the PLX token is an important part of the exchange. Investors need the PLX token to trade on the platform. Also, it powers the innovative “Trade-to-Earn” feature.
PLX holders receive a portion of the platform’s daily profits, providing a consistent source of passive income. Pullix does not end there; it also provides benefits such as lower trading fees to its token holders. Nearly 75 million PLX tokens have already been sold.
Early adopters of the investment have seen a 100% return. The current price of the PLX alt coin is $0.08. The PLX cryptocurrency from Pullix will be listed on major, controlled exchanges. Market analysts project that Pullix’s worth will rise 50x as its launch date draws near.
Closing Thoughts
After launch, Pullix hopes to integrate with well-known cryptocurrency projects like Dogecoin and Ethereum. Consequently, the presale was a big success. After its debut, analysts expect Pullix to grow 50x.
