February 4th, 2024 at 12:00 pm UTC · 3 min read
/Pullix/ – The month of February will be ushering in a landmark development in the crypto market as Pullix (PLX) sets to launch its platform and end the presale of its native token. The launch announcement is set to trigger a further rise in the $PLX presale as the token becomes one of the top cryptos to invest in in 2024. Meanwhile, the crypto market dynamics have had varying effects on the price trajectories of Aptos (APT) and Avalanche (AVAX). Find out more below.
In the next 30 days, Pullix (PLX) will officially launch on the blockchain network. When launched, Pullix will activate the functionality of its hybrid Trade-to-Earn crypto exchange, which promises to deliver a seamless trading experience on the blockchain.
Pullix plans to deliver this unique exchange by refining and integrating DeFi and CeFi features into one big effective exchange. As a trade-to-earn crypto exchange, members will earn from the profit share model of the platform which allows token holders to profit from the platform’s daily revenue and also earn passive income by providing liquidity to its automated market makers. The platform will also introduce a Token Burn Feature to reduce the circulating supply and grow the value of PLX over time.
More notably, the Pullix native token, PLX, is fast becoming one of the top cryptos to invest in the market due to the massive potential associated with the token. For context, the Pullix platform has sold over 80 million PLX tokens since the presale started with over 15,000 users joining the project. Experts have predicted a massive 200% rally before the end of presale and 100x when launched. This puts PLX as a potential blue-chip crypto.
With only 2 stages remaining in the presale, now is the best time to join the project. The PLX token is sold for just $0.10 and there is a 10% bonus attached if you purchase now. Overall, it is important to leverage the current price point and invest in top projects like Pullix which guarantees significant ROI in the future.
Avalanche (AVAX) was affected by the wave of bearish trends that swept across the crypto market in January. As a result, the Avalanche price has fallen by over 16% since reaching an all-year peak of $43 in December, according to market data.
Meanwhile, the Avalanche price trajectory has turned bullish since the start of February. As a result, Avalanche has gained 9% since its price retracement. Overall, Experts believe that Avalanche has turned it around and may see an extended bull run in the meantime.
The $10 price mark has proven to be the resistance level for Aptos (APT), as the token has yet to reach that milestone since April 2023. The closest that Aptos has come to reaching the $10 mark was on January 1st when the token briefly sneaked into $10. The price value didn’t last long as Aptos promptly dropped below the price mark on the same day.
Meanwhile, the Aptos trading volume has been fluctuating between growth and decline, making it difficult for the token to grow in momentum. In view of this, analysts reckon that Aptos has a long way to go before breaking the $10 resistance level.
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