Supply Shock As BTC Becomes A $1.3 Trillion Asset, PepeFork (PORK) and Pullix (PLX) Leads Yesterday's Top Gainers

March 6, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The cryptocurrency market is experiencing a dynamic week, marked by two significant developments. Notably, Bitcoin (BTC) continues its upward surge, breaking new ground at over $68,000 as it closes in on all-time high. Similarly, Pullix (PLX), a rising star in the DeFi sector, makes its debut on Uniswap with bold ambitions to reshape the industry. Pullix introduces an innovative hybrid exchange model, merging the strengths of both CeFi and DeFi features, ultimately promising a transformative impact within the DeFi ecosystem.

Bitcoin (BTC) Surges Towards Record High, Fueled by ETF Launch and Broader Market Optimism

Bitcoin (BTC) has maintained its upward momentum, exceeding the $68,000 mark and edging closer to its all-time high of $68,789. This notable surge that saw the native BTC token reach a weekly peak of $68,586 aligns with a substantial market capitalization of nearly $1.4 trillion for the cryptocurrency.

Meanwhile, Bitcoin's recent surge builds on the successful launch of the Bitcoin spot ETF back in January, coupled with the eagerly anticipated Bitcoin halving in April 2024. This notable activities happening three months apart have evidently attracted significant interest from both institutional and retail investors,

These impressive feats further propelled the native bitcoin token into a prominent position among global assets, surpassing the significant $1.3 trillion market capitalization threshold and solidifying its role as a key player in the ever-evolving financial landscape.

Pepe Fork (PORK) Makes a Splash, But Binance Listing Remains a Key Hurdle

Pepe Fork (PORK), a beginner cryptocurrency designed as an alternative to the controversial PEPE Coin, has garnered significant attention in the crypto market. Within its first half-day, PORK raked in an impressive $41 million swap volume, propelling its market capitalization to $290 million.

This initial surge was further amplified by over 90% price increase over the week, with the Pepe Fork token climbing from $0.0000003605 to $0.0000005276. However, despite the early momentum, concerns remain regarding a potential listing on Binance. Securing a listing on this major exchange especially for a new meme coin like Pepe Fork  is often seen as a critical step towards long-term viability and widespread adoption within the cryptocurrency space.

Pullix (PLX) Launches on Uniswap, Aims to Disrupt DeFi with Hybrid Exchange Model

Pullix (PLX), a rising player in the DeFi ecosystem, commemorates a significant milestone with its recent listing on Uniswap and the upcoming addition on BitMart scheduled for March 7th. Beyond entering the market, Pullix aspires to disrupt the DeFi ecosystem by offering a novel hybrid exchange model. 

This model seeks to combine elements of both centralized and decentralized finance (CeFi and DeFi), to provide a unified ecosystem for online trading. Committed to building trust, Pullix has locked $PLX liquidity on Uniswap for two years, solidifying the foundation of its fast-paced trading platform.

Currently accessible on Uniswap and backed by a user base exceeding 20,000, Pullix is gaining traction within the DeFi scene. Accessibility will be further enhanced with its scheduled listing on popular centralized exchange (CEX), BitMart on March 7. Meanwhile, the platform's recent debut on Uniswap witnessed over $1.35 million in $PLX traded within just 40 minutes, reflecting a surge in market demand. 

These impressive milestones further validate analysts' optimism about Pullix's future, with some predicting a significant 100x increase in value. Excitingly, the native PLX token is trading just over the $0.40 mark. This combination of strong market performance and an attractive token launch price positions Pullix as one of the best DeFi crypto in the dynamic DeFi ecosystem.

For more information regarding Pullix see links below:

Visit Pullix 

Join The Pullix Communities

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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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 business@techpoint.africa.

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