Presale Appeal: Pullix (PLX) Gains Traction as Investors Reroute from Meme Coins Like Dogecoin (DOGE) and Bonk (BONK)

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December 22, 2023
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3 min read

Dogecoin (DOGE) and Bonk (BONK) have seen a significant increase in value during the past month; however, many are still looking for ways through which they can diversify their holdings.

Despite their success, investors are turning their attention towards Pullix (PLX), as with its crypto ICO, it can become a dominant force in the industry. Today, we will determine which one is the best crypto to invest in now.

Pullix (PLX) to Feature Deflationary Model and Enable Crypto to Be Used As Collateral

Pullix (PLX) is a pioneering platform that will set new standards in Web3 that can solve key issues found in DEXs and DEXs, including high fees, slow transaction times, and a lack of liquidity and transparency.

This is the first community-backed exchange that will feature vast utility. Holders will be able to get rewards or engage in other platform-exclusive incentives with the PLX crypto.

The Pullix exchange will feature a deflationary model, where half of the PLX tokens will be burned to reduce the supply and increase its value over time. The other half will be given as a reward for ecosystem participants who decide to contribute their tokens towards providing liquidity to the ecosystem.

On top of the exchange, anyone will also be able to trade a wide range of assets and derivatives, including cryptocurrencies, all from a single account. Cryptocurrencies can also be used as collateral to trade a range of OTC derivatives without any KYC requirements. All of these aspects make PLX  the best crypto to invest in now.

Dogecoin (DOGE) Projected to Grow to $0.1624 in 2024

Dogecoin (DOGE) was also recently in the spotlight, as the crypto analyst behind the Pingu Charts channel suggested that it could present a buying opportunity after testing a key support level. The analyst pointed out how Dogecoin recently found support at $0.088 after a steep sell-off. This created a V-shaped recovery, with its price bounding sharply off of the support zone. 

The DOGE short-term exponential moving averages (EMAs) are an indication of a positive price direction. The analyst sees these EMAs as potential support levels for another move higher. During the past week, Dogecoin traded between $0.087491 and $0.098404. During the past month, it grew by 18%, and according to the Dogecoin price prediction, it can surge to $0.1624 in 2024.

Bonk (BONK) Reaches New All-Time High – Primed to Reach $0.000037 by 2024

Bonk (BONK) is a meme coin that is built on top of Solana, and during December, it saw a significant surge in value. The upswing was so high that on the 15th, the crypto spiked to its all-time high of  $0.00003416.

During the past week, the Bonk crypto surged 55%, where its value went up from $0.00000951 to $0.00003286. The total price upswing in the past month was also by 524%. According to the on-chart data, the Bonk trading volume increased to $387,138,560. Analysts are bullish on its future, and according to the Bonk price prediction, it can reach $0.000037 by 2024.

Summary

Aside from Bonk and Dogecoin, Pullix has been getting significant attention. During the crypto ICO, at Stage 3, PLX trades at just $0.044. With its vast ecosystem, deflationary model, and varied token utility, it is expected for crypto to climb 100x in value, according to current analyst projections. 

For more information regarding Pullix’s presale see links below: 

Visit Pullix 

Join The Pullix Communities

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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].

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