{"id":25189,"date":"2023-12-21T10:02:54","date_gmt":"2023-12-21T10:02:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/avalanche-avax-eyes-50-as-pullix-plx-presale-hits-1m\/"},"modified":"2023-12-21T10:02:54","modified_gmt":"2023-12-21T10:02:54","slug":"avalanche-avax-eyes-50-as-pullix-plx-presale-hits-1m","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/avalanche-avax-eyes-50-as-pullix-plx-presale-hits-1m\/","title":{"rendered":"Avalanche (AVAX) eyes $50 as Pullix (PLX) presale hits $1M"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1688034439701-045068f2-8427-467a-993a-815d3c91b63b-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1688034439701-045068f2-8427-467a-993a-815d3c91b63b-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1688034439701-045068f2-8427-467a-993a-815d3c91b63b-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1688034439701-045068f2-8427-467a-993a-815d3c91b63b-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Avalanche (AVAX) has jumed 10% in the past 24 hours to break above $45.\u00a0<\/li>\n<li dir=\"ltr\">As cryptocurrencies bounce, AVAX bulls could eye a breakout above $50.<\/li>\n<li dir=\"ltr\">Meanwhile, the overalll bullish outlook has Pullix (PLX) attracting investors as its presale surpasses $1 million.<\/li>\n<\/ul>\n<p dir=\"ltr\">Avalanche (AVAX) is looking to bounce above a key price level following Wednesday\u2019s broader market surge. Meanwhile, investors hunting for the next breakout projects are increasingly finding <u>Pullix (PLX)<\/u>, a new crypto exchange and investment platform highly attractive.<\/p>\n<h2 dir=\"ltr\">Pullix (PLX): the new hybrid exchange for DeFi<\/h2>\n<p dir=\"ltr\"><a href=\"https:\/\/pullix.io\/?utm_source=Coinjournal&amp;utm_medium=PR&amp;utm_campaign=1914\" rel=\"noopener noreferrer\" target=\"_blank\">Pullix ($PLX)<\/a> is a new project that seeks to bring the benefits of a hybrid exchange to the online trading community.\u00a0<\/p>\n<p dir=\"ltr\">An innovative \u201cTrade-to-Earn\u201d ecosystem stands out and could revolutionise the trading experience across crypto, particularly the <a href=\"https:\/\/coinjournal.net\/news\/tag\/defi\/\">decentralised finance (DeFi)<\/a> market. The trading platform will incentivise users to provide liquidity, offering a revenue sharing product that could drive interest and provide traction for the native $PLX token.<\/p>\n<p dir=\"ltr\">$PLX holders will earn more tokens when they contribute to liquidity through staking of liquidity pool tokens. There are also discounts on trades.\u00a0<\/p>\n<p dir=\"ltr\">Apart from that other notable earning opportunities will be via its lending protocol, staking rewards, and DeFi and NFT launchpad.\u00a0<\/p>\n<p dir=\"ltr\">Users will also note Pullix\u2019s non-custodial exchange as a plus that sets it apart from most platforms currently in the market. What this means is that users remain in control of their holdings as they enjoy the benefits of a hybrid infrastructure model.<\/p>\n<h2 dir=\"ltr\">Avalanche: AVAX looks bullish as crypto bounces<\/h2>\n<p dir=\"ltr\">Cryptocurrencies have added roughly 2% to the global market cap after Bitcoin\u2019s surge to $44,000 on Wednesday. Data showed the total value of cryptocurrencies was about $1.7 trillion, with 24-hour trading volume around $89.5 billion.\u00a0<\/p>\n<p dir=\"ltr\">As BTC rose, Solana extended its recent gains to flip XRP, while Ethereum traded to above $2,200. All the top 10 cryptocurrencies, including <a href=\"https:\/\/coinjournal.net\/avalanche\/\"><u>Avalanche (AVAX)<\/u><\/a> were in the green over the past 24 hours.<\/p>\n<p dir=\"ltr\">Before Avalanche\u2019s 10% spike to highs of $46, the altcoin had hovered below $40. The upside now has analysts strengthening their \u00a0bullish outlook for the layer-1 blockchain platform\u2019s native token. Open interest has risen to over $407 million, up 17% in the past 24 hours.<\/p>\n<p dir=\"ltr\">With millions of AVAX tokens burned, over 16 million just in the past week, and open interest in AVAX surging, there\u2019s a high chance bulls could target $50 or higher as the next support base.<\/p>\n<h2 dir=\"ltr\">Pullix ($PLX): Presale and market outlook<\/h2>\n<p dir=\"ltr\">While AVAX could rally higher after reclaiming the weekly peak of $44, investors eyeing a long term bet on a currently cheap token will find Pullix potentially more attractive.\u00a0<\/p>\n<p dir=\"ltr\">A trader who buys Pullix ($PLX) today as the token trades around $0.044 in stage 3 could hold a significant unrealized gain on their tokens by the time they land on exchanges. This is because $PLX is expected to rise 580% during the presale, ahead of its potential market debut in the first quarter of 2024.<\/p>\n<p dir=\"ltr\">This bullish outlook for Pullix has investors taking a good look at Pullix during the presale. As of writing, over 7 million $PLX tokens have been sold in stage 3, raising over $1 million. Details on the presale page show that this stage 3 will end in nine days, which would see the token\u2019s presale price jump.<\/p>\n<p dir=\"ltr\">Among long term catalysts for the price of $PLX is the anticipated token burn. According to Pullix\u2019 whitepaper, a percentage of the network revenue will go into a $PLX buy back and burn mechanism.<\/p>\n<p dir=\"ltr\">Notably, 10% of all forex revenue, 20% from crypto CFDs and 30% on daily Multiples will be used to buy $SPLX. Burning $SPLX will reduce the circulating supply and likely impact the token\u2019s future price<\/p>\n<p>To find more about Pullix and its presale, visit their <a href=\"https:\/\/pullix.io\/?utm_source=Coinjournal&amp;utm_medium=PR&amp;utm_campaign=1914\" rel=\"noopener noreferrer\" target=\"_blank\"><u>official website<\/u><\/a>.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/avalanche-avax-surges-10-to-target-50-as-investors-grab-pullix-plx\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Avalanche (AVAX) has jumed 10% in the past 24 hours to break above $45.\u00a0 As cryptocurrencies bounce, AVAX bulls could eye a breakout above $50. Meanwhile, the overalll bullish outlook has Pullix (PLX) attracting investors as its presale surpasses $1 million. Avalanche (AVAX) [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":25190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25189"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25189"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25189\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25190"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}