Binance Bolsters Backing for Cardano (ADA) and Dogecoin (DOGE) – Investors’ Interest in Pullix (PLX) Grows With Soaring Price

2 January 2024

in DOGE

Reading Time: 5 mins read

Binance Bolsters Backing for Cardano (ADA) and Dogecoin (DOGE) – Investors’ Interest in Pullix (PLX) Grows With Soaring Price

Binance, the world’s biggest cryptocurrency exchange, has broadened its Margin services to offer users more trading choices. Recently, the exchange introduced ten new cross-margin pairs, such as Cardano (ADA) – ADA/FDUSD, and Dogecoin (DOGE) – DOGE/FDUSD. This move follows the decision, made around two weeks ago, to include ADA/FDUSD and DOGE/FDUSD in its Isolated Margin program.

Getting backing from a major player like Binance and including an asset in the mentioned program has the potential to boost liquidity and trading volume for the associated tokens, potentially increasing volatility for Cardano and Dogecoin. Positive effects from Binance’s announcement could position ADA and DOGE as attractive choices among the best cryptos to buy. Switching gears to the consideration of which crypto to buy, the presale token Pullix (PLX) has been generating significant attention, firmly capturing the interest of investors.After raising over $2million and selling over 40million PLX in less than a month!

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Pullix New Crypto Gem Selling Below $1

Pullix (PLX), an innovative hybrid community-backed exchange and Trade-to-Earn token, emerges as a top choice for a seamless trading experience in the coming year. This cutting-edge platform redefines crypto trading by offering an all-in-one solution, making trading various assets and derivatives effortless through a user-friendly interface.

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Prioritizing stability and security, the Pullix project empowers users with community-driven trading initiatives, enabling them to follow successful traders and employ copy-trading strategies to maximize their investments. Pullix token holders enjoy additional perks, including cashback, rewards, and promotions. By staking PLX tokens in the market-making liquidity pool, users can secure a fixed monthly passive income of up to 18% APR.

What sets Pullix apart is its fee structure – zero commission fees and transparent spreads visible to traders, enhancing profitability and aligning with decentralized finance principles. Addressing liquidity concerns, Pullix introduces a clever liquidity provision feature, allowing traders to contribute liquidity through market-making contributions.

Currently in its fifth presale stage, PLX tokens are available for just $0.07, with over 40million tokens sold in less than 4 weeks. If you’re looking for some of the best crypto to buy under $1, Pullix is a presale gem worth exploring.

Crypto Analyst Ali Suggests Cardano Price Move to $0.78

Cardano’s price has surged over 10% within 24 hours, briefly reaching a two-week high of $0.67. Cardano’s (ADA) market cap has also jumped to nearly $22.7 billion, securing its position as the eighth-largest token. According to Santiment, Cardano has held the top spot for network development activity in the last 30 days, while DefiLlama reports that TVL on the blockchain platform hasn’t dipped below $400 million since December 18.

With these bullish factors in play, Cardano’s price may have the potential for further upward movement soon. An optimistic ADA forecast has been outlined by analyst Ali, a user on X. Ali suggests that Cardano’s price fluctuations have formed a “symmetrical triangle” on a 4-hour chart. He suggests that this pattern shows a potential resistance above the $0.63 level. He envisions a rally towards $0.78. If the breakout happens, Cardano may be a great choice for a good crypto to buy next year.

Dogecoin Still Poised For a Rally in 2024

In comparison to other meme coins, Dogecoin (DOGE) stands out with fewer ecosystem advantages, but it’s making the most of what it has. Despite its limited advantages, Dogecoin is experiencing a notable upswing across various metrics, signaling a bullish shift as the year comes to a close. Dogecoin price currently sits at $0.093, it has risen by 1.4%, inching closer to shedding one more zero.

The support from prominent whales and celebrity promoters like Elon Musk could be a key advantage for Dogecoin next year. This could help Dogecoin price maintain its levels as well as position it for a potential significant rally heading into the new year.

Investors are keeping an eye on Dogecoin and Cardano, but they’re also exploring new projects. Looking forward, new projects like Pullix stand out as an attractive option for investors seeking a dynamic and rewarding crypto experience in 2024.