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Given the many events happening in the crypto space, it can be hard to keep track of the most notable ones. This post will explore recent happenings, including Bonk’s (BONK) decline and Solana’s (SOL) historic rally.
Meanwhile, recently Pullix’s (PLX) impressive presale run is now completing stage 2 in less than 10 days.
Supporters of Pullix (PLX) can take part in pre-sale and buy tokens here.
Pullix (PLX) exceeds investors expectations
The ICO space has become a hunting ground for promising gems. Within this space and among the new ICOs, Pullix (PLX) has emerged as the best cryptocurrency investment. Its disruptive concept and astounding growth potential have seen its presale sell out fast. To date, over $950,000 has been raised in early funding, surpassing initial expectations.
Pullix (PLX) is a new trading exchange that aims to bridge the gap between decentralized (DEX) and centralized exchanges (CEXs). This makes it the best of both worlds and a break from convention. Thanks to this disruptive approach, industry experts predict a wave of adoption, which will push up the token’s price.
More importantly, one of the biggest challenges it aims to solve involves liquidity in the decentralized finance (DeFi) sector. Hence, by providing a unified platform for all trading requirements, users can easily access liquidity.
To further deepen liquidity, it will incentivize users through staking rewards. In addition, Pullix will partner with institutional liquidity providers. Therefore, by solving this challenge, it is primed for massive adoption.
In the third round of its presale, a token is priced at $0.044.
Bonk (BONK) selling pressure might be incoming
Bonk (Bonk) is the leading memecoin on the Solana network. It remains the hottest cryptocurrency at the moment, standing at the heart of the current market buzz. It had arguably the most remarkable year, with a long green wick on its one-year timeframe.
Year-to-date, Bonk Crypto experienced over 16,000 growth, while it is up by more than 80% in the past seven days. However, lately, bearish pressure has been setting in. According to top analysts, this might be Bonk’s top.
Solana (SOL) becomes fifth largest token by market cap
The Solana (SOL) ecosystem might be the best place to be right now. With most projects on the blockchain soaring, what a time to be part of the community! Leading the surge is SOL, aiming to end the year at $100,
In recent Solana news, it flipped XRP in market cap for the first time. This has been generating quite a buzz on Twitter, with crypto trader Ash Crypto sharing his excitement on X (formerly Twitter).
At the time of writing, the Solana price is trading above $78.
After Bonk’s staggering growth, bearish sentiment appears to be setting in, with the price taking a hit. The coming days will determine its next trajectory. Meanwhile, an exciting development is that Solana is a top-5 crypto, surpassing XRP. Another project at the heart of the frenzy is Pullix, which is selling out fast in presales.
BTC
Vladislav Sopov
Dan Burgin