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Chainlink’s Surge Attracts Whales as Pullix (PLX) Gears Up for March Launch, Poised to Challenge Binance (BNB) Network

6 February 2024
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Chainlink’s Surge Attracts Whales as Pullix (PLX) Gears Up for March Launch, Poised to Challenge Binance (BNB) Network
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The global cryptocurrency market cap is currently at $1.65 trillion, increasing by 0.17% in the past 24 hours. This rise was reflected in the prices of many altcoin during the end of January to February. One of such coins to experience this positivity in price is Chainlink which has reportedly gained over 25% in the last 7 days.

While Chainlink price still gives a positive outlook, Pullix also joins in on the crypto positivity. Ready to emerge in March, Pullix is a new crypto aiming to rival the Binance network with unique CeFi and DeFi features in a platform that poses as the best crypto investment opportunity.

Whales Transacts a Tremendous Amount of Chainlink (LINK) Tokens Amid It’s Recent Rise

In the past 7 days, Chainlink surprised holders as it made a bullish move to a higher price which is currently recorded to be 26.05% higher than its previous price. Chainlink almost hit its resistance price of $19, but was disturbed by a fluctuation that has driven its price to a cent lower.

However, due to Chainlink’s weekly rise, the coin is currently being transacted largely by whales. According to Whale Alert, almost 8 million LINK tokens were transferred from an unknown wallet to Binance, which was worth over $142.9 million.

Few days before that, almost the same number of Chainlink tokens was transferred, which was even higher in price. Chainlink price is bound for a further rise anytime around the corner, considering how much demand is being directed to Chainlink at the moment.

Pullix’s (PLX) Growth Might Challenge Binance’s After It Unveils in March

Pullix emergence as a hybrid cryptocurrency platform is a new frontier diving into the blockchain space. The crypto will be pioneering the merging of DeFi and CeFi features to tackle liquidity problems on DeFi and exchange markets. Aiming to launch in March, Pullix threatens to contend with Binance.

Pullix stands a good chance of becoming the best crypto investment of the year, and its stats are already showing results. Pullix is currently in its seventh stage presale, pricing at $0.10 and raising over $5 million. The platform just recently announced that its launch will happen in early March.

Attracting attention for its widespread user participation, Pullix boasts a sizable community of 15,000 users. What sets it apart is the innovative Profit Share Model, offering users a distinctive incentive system. However, the platform’s standout feature is its effective resolution of liquidity challenges.

Approaching its platform debut, Pullix is poised for a significant presence among the top crypto coins for the year, thanks to a strong financial foundation, an expanding user community, and pioneering features.

Binance (BNB) May Lose Value It Its Price Momentum Keeps Dropping

Binance network is currently one of the world’s largest crypto exchanges, holding substantial importance in the crypto market. However, Binance might lose its adoption rate if the price momentum of its native token keeps dropping.

Binance coin is currently pricing below its support level of $303.5, losing 0.46% value in the last 7 days. Although Binance had a positive start in the first half of this week, its overall value in the past month has been bullish.

Binance remains a trustworthy crypto exchange with a high adoption rate. While Pullix shows signs of contending strongly with BNB, the coin still boasts a substantial market cap that gives it a strong presence on the market.

For more information regarding Pullix’s presale see links below:

Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

Credit: Source link

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