- Pullix (PLX) pre-sale price increased to $0.08 in 6 steps.
- Meanwhile, the outlook for the broader cryptocurrency market is optimistic with the expected approval of the Bitcoin ETF.
- With Bitcoin expected to rally, analysts say altcoins could follow suit.
With investors in an extremely optimistic mood, top altcoins led by Ethereum are looking to build on their recent upward momentum.
Fullixwhich has surpassed $3.2 million in pre-sales as investors take early positions, is also set to make its market debut.
Altcoins surge as BTC price retests the $47,000 level.
Bitcoin price made a surprising move on Monday, surging more than 5% to breach the $47,000 level. The rally comes as the cryptocurrency market grows increasingly confident that the U.S. Securities and Exchange Commission (SEC) is set to approve the first Bitcoin ETF for the U.S. market.
The recent bullish reversal coincided with comments from SEC Chairman Gary Gensler about the potential risks of investing in cryptocurrencies.
Thread 🧵
If you are considering investing in cryptocurrency assets, here are a few things to keep in mind:
— Gary Gensler (@GaryGensler) January 8, 2024
The broader reaction pushed BTC above $2,300, BNB above $310, and Solana above the psychological $100 level.
While BTC price adjusted to $46,500 and ETH $2,300 over the past 24 hours, cryptocurrency analyst Michael van de Poppe said: Called ETF sentiment remains a key catalyst this week. He expects Bitcoin to reach prices in the $48,000 to $51,000 range once approved, and altcoins could thrive of late. He also says dips are for buying.
Pullix presales are heating up amid a bull market.
The driving force behind the Pullix (PLX) token sale is its technology and what it could mean for the cryptocurrency trading industry, especially DeFi, in 2024 and beyond.
To mark its pre-sale and market entry, Pullix will offer a hybrid exchange platform designed to offer the best of both centralized and decentralized exchanges. Importantly, given recent issues with exchanges like FTX and Binance, Pullix promises to be a non-custodial exchange where users have full control of their assets.
Investors eyeing Pullix’s potential impact on the ecosystem believe the pre-sale is the perfect step for entry. That and the expected uptrend mean that buying PLX today could be a smart move. Pullix has raised $3.2 million through PLX token sales so far.
PLX price prediction
The current price of PLX is $0.08 in Stage 6 presale. The price of PLX at the start of pre-sale was $0.04. This means that tier 1 buyers are seeing a potential 100% upside for the token hitting the market today. Fortunately, pre-sale is ongoing and there is still a small amount of 60% of the total supply left.
After the pre-sale phase, Pullix will be launched on the trading platform. In addition to fundamental strength, momentum seen across the market could be key in pushing PLX higher.
Please add due diligence if you want to invest in this token. You can visit Pullix. Website Learn more about hybrid exchanges and token economics.