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Bitcoin (BTC) made a giant attempt to equal its all-time high on March 5. However, sometime after surpassing the ATH, the bear pushed the token back below $69k. Meanwhile, despite the resurgence of meme coins, some tokens in the meme coin category, such as Bonk (BONK), have begun to decline. In another development, after the highly rated DeFi cryptocurrency Pullix (PLX) rose another 50% on Uniswap, it is unknown whether its continued rise will be permanent or the project will be a disappointment.
What Will Pullix (PLX) Do While Uniswap Earnings Provide a 300% Advantage
With Bitcoin rejected at the 69K threshold and Bonk falling 20%, Pullix is quickly becoming the preferred crypto option for many investors, according to the sponsored content poster. Pullix’s growth was noticed by smart investors early in the pre-sale, and the token rewarded them with a 320% return on investment by the end of the pre-sale. As if that wasn’t enough, Pullix witnessed another 300% rally after getting listed on Uniswap.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
After being listed on Uniswap with a base price of $0.168, Pullix price rose to $0.70 within 2 days. Not only that, Pullix trading volume has also increased to over $5 million. Initially, Pullix had sold over 100 million tokens in the pre-sale, which helped them raise almost $10 million in the crypto ICO. But it is unknown what the future will be like.
PLX market cap has also increased from $33.6 million to over $140 million, reflecting the token’s dominance in the market. Meanwhile, the PLX/USDT trading pair has been activated on the XT.COM innovation zone and BitMart is reportedly listing the token soon.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
One wonders what the future of Pullix will be like.
Bitcoin (BTC) Experienced a Withdrawal at $69 Thousand
Bitcoin (BTC) broke its all-time high in 2021 after surpassing $69,000 on March 5. However, the number one crypto quickly suffered a pullback as the bears gained slight control. While the Bitcoin price has increased by 54% in the past month, the weekly chart shows a price increase of 7%.
Although Bitcoin has been rejected, analysts expect the token to retest the threshold soon. While the bull run has not started yet, Bitcoin’s price could trade at $100,000 in 2024.
Bonk (BONK) Drops 20% as Meme Coin Starts to Lose Steam
After witnessing bullish momentum in the last few days, crypto meme coins are starting to lose steam. There are fears that Bonk (BONK), which is leading the meme coin rally, may be slipping into a bear market.
Although the price of Bonk has risen over 100% in the past week, the threat of bears has begun to surface. Therefore, analysts stated that the Bonk token may soon face a significant decline if bear pressure increases.
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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
