2024-01-13 08:45:50
Bitcoin has seen a nice rebound recently, rising from $42,000 to over $47,000. This indicates that the price of BTC may stabilize following the ETF approvals. At the same time, taking the yield was a logical step on the part of many investors who achieved significant profits in a short period of time.
Meanwhile, Pullix (PLX) also rose sharply. Today we look at the price performance of both cryptocurrencies to see how far they can go and which is the best cryptocurrency to invest in.
The value of Bitcoin is falling, but competing altcoins are also in double-digit losses
A Bitcoin exchange rate has recently experienced significant volatility that has sent ripples throughout the crypto space. The cryptocurrency has now risen to a high of $47,193.19.
Over the past week, the price of Bitcoin has seen some serious volatility as it jumped from $42,252.72 to $47,193.19. Over the past year, Bitcoin has risen 165%. According to Bitcoin price predictions, it may rise to $72,679.74 by the end of 2024. While most altcoins have indeed suffered double-digit losses, BTC’s recent rally might push it even higher.
Pullix (PLX)’s momentum is unwavering following raising more than $3.1 million
A Pullix (PLX) is a trading exchange that combines the best elements found in CEXs and DEXs. It creates a unified platform that runs on top of the Ethereum blockchain and solves liquidity problems.
The platform achieves this goal by encouraging user contributions to its ecosystem. As a result, its pricing will be much more competitive than competing platforms. The process of joining the platform will be simple and users will not have to fulfill any mandatory KYC requirements.
The platform will also have no central point of failure, as users can store their own private keys. This will result in them remaining in full control. Pullix will work with zero commissions and tight spreads. Everything will be handled transparently and this can increase users’ confidence in the platform.
The ecosystem will also have a revenue sharing mechanism. Users can profit from the stock market’s daily earnings and earn fixed passive income by providing liquidity to automated market makers.
The project is currently in its pre-sales phase where it has reached stage 6. One PLX token is now trading at just $0.08. At launch, analysts are forecasting an 80-fold increase, fueled by pre-sale momentum. With the pre-sale bringing in over $3.1 million so far, it’s clear that the altcoin has not been affected by BTC’s volatility.
Summary
Bitcoin is volatile and its future is uncertain, and this might push other altcoins down. Pullix, on the other hand, was not affected by this, in fact, its value even moved upwards. As a result, it can be seen as one of the best cryptocurrencies to buy.
More information regarding the Pullix pre-sale can be found at the following links:
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#Bitcoin #Altcoins #Pullixs #Presale #Unwavering
