Crypto Community Optimistic Over Prospects of HEX, PulseChain, and PulseX

The cryptocurrency community has witnessed an uptick in enthusiasm surrounding HEX ($HEX), PulseChain ($PLS), and PulseX ($PLSX), with experts and analysts voicing their predictions about the potential bullish journey these tokens could undertake.

Well-known trader and analyst, yourfriendSOMMI, has been avidly covering the developments surrounding these cryptocurrencies on Twitter. They recently noted that Dogecoin Millionaire, Pro, conducted a poll on Richard Heart, the founder of HEX, PulseChain, and PulseX.

According to yourfriendSOMMI, two critical points emerged from this poll:

  1. Richard Heart has a knack for finding “the next big things,” similar to how Dogecoin surged in popularity back in 2020. This implies the potential of HEX, PulseChain, and PulseX to follow a similar trajectory.
  2. 30% of poll participants expressed their dislike for Richard Heart. The analyst interprets this as a bullish indicator, proposing that if the sentiment changes from dislike to love, HEX, PulseChain, and PulseX might witness substantial price appreciation.

In a separate tweet, yourfriendSOMMI also pointed out the positive responses they have been receiving regarding the upcoming HEX movie. The expectation is that the film’s high quality and attention could drive the prices of $HEX, $PLS, and $PLSX upward when it launches in August.

The sentiment was mirrored by AXiS ALiVE⁵⁵⁵⁵, another notable technical analysis expert. They stated that the combined $HEX price crossed its all-time median and speculated that it would consolidate and move higher towards the all-time average price of 7 cents. For context, this is approximately where HEX’s price bottomed in 2021 before the start of the PulseChain Sacrifice Phase.

Meanwhile, Robbie Davidson observed that eHEX was once again trading above a penny. He mused about how close the price ratio between HEX and eHEX could get over the next year.

The prospect of a significant upswing in the HEX, PulseChain, and PulseX tokens was also reflected in a tweet by yourfriendSOMMI from July 12. They shared a transaction of a HEX documentary subject who sold his house to buy HEX at a price of around 41 cents. The tweet sparked a discussion on when the buyer might be able to recover his investment.

Additionally, in an update on the PulseX Liquidity Provider fees, yourfriendSOMMI noted that they were 85% lower than initially stated, spurring dreams of $eHEX / $pHEX reaching a price point of $1.20.

This surge of optimism around HEX, PulseChain, and PulseX comes as more people look to diversify their investments into the rapidly expanding world of decentralized finance. As always, the volatility of the crypto market makes it crucial for investors to do their research and tread with caution.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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