With the Bitcoin halving coming up by the end of April, some new DeFi projects have been springing surprises. At the forefront of this giant stride is Pullix (PLX) which has attracted a lot of attention in the crypto market. Keen watchers of the crypto sphere are optimistic that with its unique qualities and the great start it had, Pullix can go on to give BNB (BNB) and Arbitrum (ARB) a run for their money when the Bitcoin halving finally arrives. More details below.
Pullix (PLX) Upward Trajectory: Launch On Uniswap and BitMart this week
Although BNB and Arbitrum are in the uptrend, they may soon have to battle it out with Pullix for the best crypto tag. Pullix has shaken the crypto market so far after raising more than $9M in its presale. To complete the remarkable feat, the project has attracted close to 25,000 participants and sold 120M tokens (60% of supply). Analysts believe that Pullix may be the surprise package of the bull market.
One unique feature of the project that has investors purring is the Pullix profit share model ensures that token holders get a percentage of the platform’s daily revenue. Which will also see their native PLX token become a highly deflationary asset.
By leveraging the core features of both centralized and decentralized exchanges, Pullix has developed a never-seen-before trading system that focuses on Investors. Acting as a non-custodial exchange, Pullix allows investors the sole custody of their assets, charges them zero commission on transactions, and provides substantial liquidity for competitive pricing.
The project has already been listed on CoinGecko and will be listed on Uniswap and BitMart on March 4 and March 7, respectively. As one of the new DeFi projects hitting the market, Pullix shoulders above all and could potentially grow by 100x in 2024.
BNB (BNB) Surges Past $400, Eyes $500
BNB (BNB) is hitting new heights at the right time, as the Bitcoin halving is set to shake the cryptocurrency world soon. BNB has maintained a steady price increase with a 36% rally seen on the monthly chart as the token climbed past the $400 mark. On the 90-day trading chart, BNB price witnessed an 11% growth as buyers continued their domination.
With the Q1 of 2024 now halfway gone, analysts expect the BNB token to rise above every challenge and mount a serious bullish momentum. If this materializes, BNB may be in good stead to climb to $500 in 2024.
Arbitrum (ARB) Sets to Cross $2 as Bullish Momentum Builds Up
Arbitrum (ARB) reached its all-time high record just two months ago after smashing $2.4 on Jan. 12. Although Arbitrum has had its fair share of the bear pressure resulting in the token price falling below $2, the latest momentum has raised the expectations of investors.
Arbitrum token has made a strong bullish move with a 16% rally witnessed in the past 30 days as the bulls battle to regain control. The token has also gained 11% in the past week based on CoinMarketCap data. As such the Arbitrum price is likely to cross $2 within the next few days and potentially hit $3 in the bull market.
