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The post Polygon (MATIC) Trades Above $1, Binance (BNB) Sees Nearly 50% Increase, – Pullix (PLX) Presales Raises Over $2M appeared first on Coinpedia Fintech News
The crypto market is still largely bullish with several cryptocurrencies recording massive gains across all investment spectrums. Particularly noteworthy is the impressive performance of Polygon and Binance, with BNB experiencing an almost 50% increase in price, indicating a potential recovery from its recent crash.
Additionally, Pullix has generated excitement among investors, as recently stated over $ 2 million has been raised during the ongoing token presale which took less than four weeks. What does this mean for potential investors? Let’s delve into each token briefly.
Polygon (MATIC) Maintains Bullish Momentum Above $1; Will There Be a Price Correction Soon?
Seven months after, Polygon revisited the $1 mark and has been trading positively so far. As of the time of writing, the price of MATIC stands at approximately $1.01, maintaining a stable value over the past week.
MATIC started trading back at $1 a day after Christmas and quickly reached a peak of $1.08 on the 27th of December before settling at its current price of $1.01. While MATIC is still struggling to maintain its position above $1, it remains uncertain if the bull run will persist for long.
Binance (BNB) Defies Negative Sentiment from Recent Court Settlement, Sees Over 50% Increase in One Month
Binance (BNB) has defied negative sentiment arising from a recent court settlement and experienced a significant increase in value.
Despite starting off on a negative note, with the price dipping to around $228 after the court settlement, BNB has made a remarkable recovery. Within three weeks, it has surged to its current price of $336, reflecting a growth of over 50%.
Considering Binance’s current bullish momentum, a 100% increase is not out of reach. If the current upward trend continues, we may witness BNB price surpassing the $400 threshold and potentially even reaching $500, given the current momentum.
Pullix Excites Investors with Over $2Million Raised In Less Than 4 Weeks
Pullix (PLX) emerges as a top contender for the best crypto to buy ahead of 2024, and here is why. By offering a hybrid exchange that combines the best features of decentralized and centralized exchanges, Pullix aims to redefine crypto trading by providing an all-in-one solution: essentially, it intends to make it effortless for users to trade various assets and derivatives through a user-friendly interface, making it one of the best cryptos to buy.
To address liquidity concerns, which is one of its primary focuses, Pullix introduces a clever liquidity provision feature, enabling traders to contribute liquidity through market-making contributions. This ensures seamless trading activities for users as well as constant liquidity supply. Additionally, Pullix embraces a community-driven trading initiative, allowing users to follow successful traders and employ copy-trading strategies to maximize their investments.
Stability and security are paramount to Pullix, as it leverages industry-standard protocols and empowers users to store their own private keys and have custody of their assets. Furthermore, Pullix emphasizes convenience by enabling traders to open an account with just an email address, without the burdensome requirements of extensive KYC procedures.
At the heart of Pullix’s operation lies its native token, PLX. Positioned as the crypto market’s first “Trade-to-Earn” cryptocurrency, PLX offers instant rewards for trading on the platform and completing trading challenges.
Notably, PLX token holders can profit from the daily revenue of the exchange through a unique revenue-sharing mechanism, providing a fixed passive income when they provide liquidity to automated market makers. Holders also enjoy additional perks such as 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.
Pullix distinguishes itself further through its fee structure, featuring zero commission fees and transparent spreads visible to traders. This aligns with decentralized finance principles and enhances profitability for users.
Currently in its fifth presale stage, PLX tokens are available for just $0.07, with only 65% of tokens remaining in the sale. For those seeking the best cryptocurrencies to buy under $1, Pullix presents an intriguing opportunity worth exploring.
For more information regarding Pullix’s presale see links below: