The bearish crypto market has hit Cronos (CRO) and Internet Computer (ICP), causing both to lose a significant price value in the last week. This has left investors with no other choice than to seek for projects that will return profits elsewhere. Pullix’s (PLX) incredible innovation and the surging number of PLX tokens sold so far in the presale have made it one of the best DeFi tokens in the market. As such, Cronos (CRO) and Internet Computer (ICP) holders are eyeing Pullix (PLX) to make up for lost ground.
What you'll learn 👉
More Investors Move to Pullix (PLX) as Beta Launch Fixed for Q1 of 2024
With Cronos and Internet Computer falling into the bear market, investors are eyeing Pullix as one of the best DeFi tokens to invest at the moment. Pullix is a Web3 exchange that brilliantly combines the features of centralized and decentralized exchanges to make trading more accessible to investors. By allowing users to hold the key to their investment, Pullix will prioritize user security and transparency to provide an amazing trading experience.
With Pullix, investors can trade many assets, including cryptocurrency, forex, and stocks, without needing the interference of third parties. Due to the decentralized feature of Pullix, users can keep their assets in their wallets without needing any verification (KYC). The platform’s security is guaranteed as the smart contract has been audited by InterFi Network, while BlockAudit Team has verified the KYC. Users can also explore different trading features such as perpetual futures, contracts for differences (CFD), lending Protocol and NFT launchpad.
The platform’s utility token, PLX, an ERC20 token built on the Ethereum blockchain, is used for all transactions on the platform. With less than 20% of stage 6 remaining investors are racing to snap up the token for $0.08 before the price jumps to $0.10. Holding this token will qualify investors for governance rewards, staking, and passive income through revenue sharing. In addition, there will be extra rewards for traders who participate and win the trading challenges offered by Pullix.
Crypto analysts have predicted another potential 100% price increase in PLX price before the end of presale and 20x after the token is launched across exchanges. Seeing this huge potential, investors are embracing the PLX token as a top crypto to invest in right now.
Cronos (CRO) Slips By 13% in One Week As Investors Look Elsewhere For Redemption
The Cronos (CRO) bearish performance has made its holders jump ship to other projects to preserve their investment. Cronos has been battling the bear market for some time, slipping by 13% in the past 7 days. A look at the Cronos price chart also indicates a stronger bearish pressure with the token unable to break out of the support zone.
Unless the bears begin to shift ground, the Cronos price bullish sentiment may find it difficult to break even. With Cronos also facing a stronger resistance level at $0.10, investors are moving to Pullix to preserve their investment.
Internet Computer (ICP) Fails To Rally
Investors are exploring alternative projects after the latest Internet Computer (ICP) slip. Before the entrance of the bearish sentiment, Internet Computer has been on an upward momentum, appreciating by 255% in the past 90 days.
However, the Internet Computer price has been declining ever since, with almost a 13% decline in the past 7 days. With the relative signal index (RSI) also showing selling pressure, the buyers may have to fight back to ensure the comeback of Internet Computer tokens. However, with speculations of altcoin season coming soon, there are high chances of a resurgence for the ICP token which could lead to a rally for the token soon.
For more information regarding Pullix’s presale see links below:
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