Pullix (PLX) price outlook as investors experience a bullish market
Pulix (PLX) pre-sale price increased to $0.08 in session 6. Meanwhile, the broader crypto market outlook is bullish on the expected approval of the Bitcoin ETF. As bitcoin continues to break higher, analysts say altcoins may follow.
With investors in a frenzy, top altcoins led by Ethereum are looking to consolidate their recent highs.
Pulix, whose pre-sale sales topped $3.2 million as investors took early positions, is also ready for its market debut.
Altcoins are rising as BTC price tests the $47k level.
Bitcoin's price showed a remarkable move on Monday, rising more than 5% to the $47,000 level. The uptick comes as the crypto market is increasingly convinced that the US Securities and Exchange Commission (SEC) is ready to approve the US market's first Bitcoin ETF.
This latest bullish statement coincides with comments from SEC Chairman Gary Gensler about the potential risks of investing in crypto.
Thread 🧵
Some things to keep in mind if you are considering investing in crypto assets:
— Gary Gensler (@GaryGensler) January 8, 2024
A broader reaction saw BTC pull altcoins, Ethereum above $2,300, BNB above $310 and Solana breaking above the psychological $100 level.
Prices have seen a correction in the last 24 hours, BTC to $ 46,500 and ETH to $ 2,300 levels, crypto analyst Michael van de Pop remains the main driver of ETF sentiment this week. Expect Bitcoin to hit the $48k to $51k range on approved prices, while altcoins may see a late bloom. He also says he buys dips.
Pullix presale is hot among the high market
The drive behind the Pullix (PLX) token sale is the technology and what it could mean for the crypto trading industry, and specifically DeFi in 2024 and beyond.
Marking its entry into the post-presale market, Pulix offers a hybrid exchange platform designed to offer the best of both centralized and decentralized exchanges. Importantly, given the recent upheavals surrounding exchanges such as FTX and Binance, Pulix promises to be a non-custodial exchange where users are in full control of their assets.
Investors looking at Pulix's potential impact in the ecosystem see the presale as the perfect stage to enter. That and the expected bull run means buying PLX today could be a smart move. Pullix has so far raised $3.2 million in the PLX token sale.
PLX price prediction
Currently, PLX is priced at $0.08 in Presale Level 6. At the beginning of the pre-sale, the price of PLX was $0.04, which means that the first-time buyers will see 100% of the potential of the token that will be launched on the market today. Fortunately, a pre-sale is underway, with a small amount of 60% of the total supply up for pre-sale still up for grabs.
Pulix will go live on trading platforms when the pre-sale phase ends. In addition to its fundamental strengths, its apparent speed to market could be the key to PLX's upside.
If you are looking to invest in this token, do your own due diligence. For more details about the hybrid exchange and Tokenomics, you can visit Pulix's website.
