It’s been an impressive week for Polygon as crypto whales go on a $90M buying spree, which has led to speculation if Pullix (PLX) and Avalanche (AVAX) could be next. Find out more about the hidden gem Pullix, for which experts predict a 30x growth during its presale phase. We’ll also cover some interesting developments in the Avalanche ecosystem.
Pullix the Next Step in TradFI
While Polygon is showing signs for potential gains in the coming months, Pullix (PLX) has gained considerable attention from the crypto community and investors for its innovative approach to TradFi.
This upcoming hybrid exchange will allow traders 24/7 access to various markets, allowing them to trade cryptocurrencies alongside assets like commodities and forex. However, unlike traditional platforms, Pullix will not require a KYC, so you can trade these financial assets without giving your identity.
Those who hold and stake this cryptocurrency can earn extra revenue generated by the platform. Every day, Pullix will allocate profits made to users holding PLX instantly. Furthermore, the platform will introduce currency staking options, enabling users to stake BTC, ETH, DOGE, and more.
To maintain stability in value there is also an implemented token burn mechanism within the ecosystem. Additionally, users can earn more coins by completing various tasks via the Trade-to-Earn concept. This feature would be a huge benefit to those who already actively trade since you’ll be earning PLX on top of the gains you make during your trading session.
Another noteworthy aspect of Pullix’s ecosystem is its Copy Trader infrastructure, where anyone can follow traders while maintaining self-custody over their assets. This feature uses AI algorithms that have been thoroughly tested to provide the best results.
During its second presale period, the PLX cryptocurrency is being traded at a value of $0.042. Once it goes live and gets listed on top-tier exchanges, experts predict fast-paced growth. With a launch in 2024, this cryptocurrency has the potential to experience a surge of 200 times its current value, making it one of the standout alternative coins of the year that offers substantial returns on investment for early adopters.
Avalanche Experiences 300% Growth
The price of Avalanche (AVAX) has skyrocketed by over 300% in just two months. This significant upward trend has led many to speculate about the factors behind this substantial price increase.
On-chain data reveals that the number of active Avalanche addresses has increased by 300% during this period. Decentralized exchange (DEX) volumes on the Avalanche network have increased from $10 million to over $200 million – an astounding 2000% growth. This surge in trading activity on Avalanche ranks among the highest spikes across all blockchains.
Simultaneously, partnerships with financial institutions such as JPMorgan, Citi, and RepublicNote have added mainstream credibility to Avalanche. This powerful combination of strong underlying fundamentals and endorsements from institutional players is why Avalanche has recently experienced impressive growth of over 300%
During the past week, Avalanche has risen by 80%, so crypto whales will definitely be looking to dump their portfolios into this coin while it’s gaining mainstream attention.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Join The Pullix Communities
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The post Polygon Whales Engage in a $90M Buying Spree in a Single Week; Could Pullix (PLX) Tokens or Avalanche Be Next? appeared first on Cryptonews.
