Recently, BlackRock launched a new Bitcoin ETF ad. Now, investors are turning their attention to many DeFi coins, such as Pullix (PLX), which is now in Stage 6 of its presale, and Solana (SOL). Some analysts even foresee PLX becoming the next 100x token in 2024. Keep on reading to find out why.
BlackRock’s Bitcoin ETF Ad Generates Excitement
The recent approval of Bitcoin (BTC) ETFs has made many financial giants enter the crypto scene. One of them is BlackRock, which recently launched a Bitcoin ETF ad, according to Collin Brown.
Regarding the price movement, BTC has jumped by 106% on the yearly charts – from $20,880 in January 2023 to $42,600 in January 2024. Currently, sentiment for the Bitcoin cryptocurrency is bullish, with 24 green technical indicators. Thus, experts are confident it may reach the $60,498 level before 2024 ends.
Pullix (PLX) Presale Causes Frenzy
Meanwhile, Pullix (PLX) has been making headlines in its own right as it recently entered Stage 6 of its presale. Those who bought this new DeFi coin early enjoy a 100% ROI. Global investors are intrigued by this return as they are flooding the PLX presale. Over 68M PLX tokens have been sold so far, helping Pullix raise $3.6M.
These funds will go to the development of Pullix – an upcoming hybrid trading platform. Unlike Binance or Coinbase, Pullix will allow the trade of all asset classes (including cryptos) on one account.
While the exchange is the main focus, the Pullix team will also include other features in its ecosystem:
- Copy Trading: The ability to copy trades from other experienced traders in the Pullix ecosystem.
- Trade-to-Earn: If you choose to stake the PLX token, you will obtain a portion of Pullix’s daily revenue.
The PLX native token powers all these features. Holding it gives you many perks, including access to certain assets and trading fee reductions. What’s intriguing is that you may stake other cryptos with Pullix for a fixed interest rate. This feature and its Trade-to-Earn capabilities make the passive income opportunities on Pullix excellent.
With the Forex market seeing a $6.6T daily volume, Pullix is strategically positioning itself to capitalize on it. For this reason, those who invest in it now may generate significant returns. Currently, the PLX token is worth only $0.08 as it is in Stage 6 of its presale. However, analysts foresee a 100x pump coming after a Tier-1 CEX lists this DeFi coin in Q1 of 2024.
The Hong Kong Virtual Asset Consortium (HKVAC) Adds Solana
There was some exciting Solana news as well. In an official statement, the HKVAC stated it would replace Ripple with Solana on its top five global crypto indexes. This decision came as the Solana crypto has experienced tremendous growth in the past month, rising from $73 to $95.
This bullish trend may continue for this DeFi coin as 22 technical indicators are showing green. Furthermore, its Fear & Greed index rating shows a 61 (Greed) – a good sign for the Solana future. Therefore, experts in the crypto field foresee a surge to $128 for SOL in Q2 of 2024.
Why Does Pullix Stand Out Among Bitcoin and Solana?
Bitcoin and Solana are well-established DeFi coins; however, their high market caps hinder their growth. Currently, they have market caps of $836B and $41B. This means they need a large influx of new funds to surge prices. But, Pullix will not face this issue as its market cap sits at $16M. As a result, PLX is the best DeFi crypto to hold.
