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Cryptocurrency News Articles

Pullix Soars Amid Crypto Turmoil as Ethereum and Solana Face Bearish Pressures

Apr 04, 2024 at 12:23 am

Pullix (PLX) has gained increased visibility with its listing on CoinMarketCap, adding to its earlier presence on CoinGecko. Despite the current market downturn, Pullix continues to attract attention with its DeFi platform that allows investors to earn a percentage of the platform's daily revenue. Pullix has also been listed on other exchanges including XT.com, Uniswap, and BitMart, with plans for listing on MEXC exchange on April 2nd.

Pullix Soars Amid Crypto Turmoil as Ethereum and Solana Face Bearish Pressures

Pullix Soars Amidst Market Turmoil, While Ethereum and Solana Face Bearish Pressures

In the midst of a significant market correction that has left many tokens reeling, Pullix (PLX) stands out as a beacon of stability and growth. This top DeFi coin has remained resilient, showcasing its exceptional potential for continuous development in the months to come.

Pullix Gains Traction with CoinMarketCap Listing

Despite the market turmoil, Pullix has ascended the ranks as a leading DeFi coin. Its impressive trajectory since its presale has surged it into the echelon of crypto elites. After starting at a modest floor price of $0.168 on Uniswap, Pullix recently joined the ranks of CoinMarketCap, a leading market aggregator, with a current price of $0.73.

This development, coupled with its earlier listing on CoinGecko, enhances accessibility for investors to track Pullix's price, trading volume, and market cap. It has further solidified Pullix's presence in the global crypto landscape. Notably, Pullix's innovative profit share model enables investors to earn a percentage of the platform's daily revenue.

With prior listings on XT.com, Uniswap, and BitMart, Pullix's growth trajectory has been exponential, and it holds the potential to yield significant rewards for investors as the market recovers. Pullix's upcoming listing on MEXC exchange on April 2nd marks a significant milestone, making it the third major crypto exchange to list the project within weeks of its presale.

To facilitate user interaction, the Pullix website has officially gone live, providing users with the opportunity to create demo accounts to experience the platform's features firsthand. Live trading will commence immediately upon completion of the Demo trading phase, eliminating the need for cumbersome KYC verification. With additional exchange listings ожидается, Pullix is poised to offer investors a substantial boost in the upcoming months.

Ethereum Faces Potential Dip Below $3500

Ethereum (ETH) had traded above the $4k threshold earlier this month before succumbing to the relentless bearish pressure that has dragged it down. Despite a 22% gain on the monthly price chart, Ethereum's dominance has waned due to a 5% decline in day-to-day trading volume.

Ethereum's market cap remains formidable, but its price action has taken a bearish turn. Over the past week, Ethereum has lost 9% as bears have tightened their grip. Analysts speculate that Ethereum may fall below the $3500 threshold before the impending Bitcoin halving event.

Solana Struggles to Maintain Bullish Momentum

Solana (SOL) has exhibited a bullish trend since the beginning of the year, but concerns are mounting that the bear market may eventually catch up to this token as well. Solana has traded above the $200 mark over the past month, but its price has recently dipped to $185.

Despite a 12% increase on the weekly price chart, Solana has been held back by a 14% loss in day-to-day trading volume. Caution is warranted among buyers as the waning market activity could lead to substantial price declines for Solana in the coming weeks.

Conclusion

As the crypto market grapples with a significant correction, Pullix stands out as a beacon of stability and growth. With its recent listing on CoinMarketCap and upcoming listing on MEXC exchange, Pullix is poised for continued success. Ethereum and Solana, on the other hand, face potential bearish pressures that could push their prices to lower levels. As the market continues to navigate this turbulent period, investors should exercise caution and consider the potential upside offered by Pullix in these challenging times.

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Other articles published on Nov 15, 2024