In this article, we shall consider three tokens with bullish potential. Two of them include the famous Solana and BNB. Then, we have Pullix, a presale token expected to rise 580%.
/Pullix/ – The crypto market is filled with several tokens that have left investors uncertain about the best crypto to invest in. In this article, we shall consider three tokens with bullish potential. Two of them include the famous Solana and BNB. Then, we have Pullix, a presale token expected to rise 580%.
Solana (SOL) Price Shakes as FTX Moves SOL Tokens
Solana (SOL), the layer-2 scaling solution, was one of the top gainers in the crypto space last month. It recorded double-digit gains, surprising the crypto community after its FTX crash. However, a recent token transfer by the FTX exchange has threatened the Solana coin price movement.
Lookonchain’s on-chain analytics platform data on November 6th showed FTX unstaked 3.96 million SOL. Subsequently, approximately $30 million worth of 750K SOL was moved to both Binance and Kraken.
Despite these large transfers by FTX, the price of Solana remains relatively strong. CoinMarketCap indicated that Solana traded at the $56.89-$65.18 price range with a weekly gain of 8.6%.
Binance Coin (BNB) Price Prediction
Binance coin(BNB) has been consolidating in a tight range between $226.30 and $235.57 in the past week. This indicates indecision among the buyers and sellers.
The token has been dealing with bearish sentiment, dipping below $250 due to regulatory pressure on its parent firm, Binance. According to CoinMarketCap, BNB price has a minimal gain of 0.7% on the weekly chart.
It has lost its gains on the monthly and year-to-date charts, showing losses of 4.1% and 21.1%, respectively. Nevertheless, it remains the 4th largest token with a market capitalization of $35 billion. As a result, analysts have forecasted the price of BNB to rise 16.50% and hit $268 in the coming months.
Pullix (PLX), the First Community-Backed Exchange
Introducing Pullix, the first community-backed exchange and best DeFi project, which is the future of TradeFi. It aims to make trading accessible to everyone, simplifying the process with a crypto deposit-only approach and reducing the need for extensive user documentation. One standout feature is its innovative liquidity provision strategy.
By encouraging users to contribute liquidity, Pullix can provide superior liquidity and more competitive prices than its counterparts. This, in turn, would attract a broader user base and increase demand for its native token, PLX. The platform is set to offer DeFi enthusiasts institutional-grade trading with high liquidity and minimal slippage.
Trades will be executed through an off-chain order book, delivering a speed advantage akin to traditional centralized exchanges. Moreover, Pullix offers a unique Copy Trading feature. Powered by AI-driven algorithms, users can mirror the success of top traders within the ecosystem and increase their chances of profit.
Pullix stands out as one of the best DeFi projects, ushering in a new era of inclusive and efficient trading. Pullix is in the first stage of its presale, with its PLX token valued at $0.04. Notably, the PLX token offers its holders several benefits.
To begin, $PLX token holders benefit from the daily revenues generated by the trading exchange. In addition, traders can exchange $PLX for other cryptocurrencies or fiat. Furthermore, traders can choose to stake their $PLX, thereby earning rewards or bonuses in exchange.
Conclusion
Like Solana and BNB, Pullix has the potential for bullish growth. Its features would attract traders looking for a secure platform and investors wanting to grow their funds.
This would increase the usage of $PLX tokens and its price in the long run. Therefore, $PLX is among the best crypto to invest in right now.
For more information regarding Pullix’s presale see links: Visit Pullix, Join The Pullix Communities.