Jupiter (JUP) Plunges Into A Bear Market Post Launch, THORChain (RUNE) Struggles for Recovery — Pullix (PLX) Excites Users With Unique Features

Despite having spiked from $0.005 to $2.00 when it was launched a few days ago, Jupiter is now facing a significant decline, putting pressure on the price of the native JUP token. On the other hand, THORChain is making substantial efforts to recover from the loss it has accumulated in the past 70 days. 

In another development, Pullix (PLX), an upcoming hybrid cryptocurrency exchange, is bringing new exciting features along with its launch in early March with plans to rank among the best crypto investment opportunities.

Investors’ Anticipation Decline as Jupiter’s (JUP) Bearish Trend Sustains

The new Solana-based token, Jupiter, debuted at the last minute of January, gradually increasing the price to a peak price of $2.00. However, in a few hours, the crypto plummeted and has been pricing below its support level of $1.20 by 71.9% according to CoinGecko.

Jupiter is pricing at a weekly range of $0.5252 to $0.7458 and is also sustaining a 65.00% loss in the past seven days. While Jupiter is currently making some efforts to price higher, investor’s sentiment reflects a decline in anticipation for Jupiter bulls.

The price of Jupiter may increase as the year closes in. Operating on the stellar-level Solana network, Jupiter has potential to surge higher, potentially surpassing its ATH this year.

THORChain (RUNE) Shows Resilience: Makes Over 2.42% Gain In The Past 7 Days

As THORChain sustains a 14.71% monthly loss, the coin has remained resilient as it fights fluctuations with the aim of hitting higher prices. THORChain is making an impressive 2.42% gains this past week as it prices in a weekly range of $4.2 to $4.88.

Should THORChain keep overcoming the current bearish pressure, experts think the crypto has a chance of reaching $5 in February. The price of THORChain has particularly made impressive progress by pricing above its daily and weekly resistance level.

While THORChain seeks to break new and higher resistance levels, it positions itself as a good crypto to buy. The price of THORChain may finally begin another journey to $10 again, and potentially reach its ATH by 2025.

Pullix (PLX) Is Launching In a Few Weeks— Get Ready for A New Frontier in Trading

Amidst the cryptocurrency buzz, Pullix (PLX) stands out as a unique trading platform, merging centralized and decentralized features for a fresh take on online trading. Offering perks like high leverage, access to various assets, and deep liquidity, Pullix is gaining attention as the best crypto investment.

With its ongoing crypto ICO event, Pullix has raised over $5 million and attracted around 15,000 participants, showcasing high demand. Considering the current momentum, Pullix is the best crypto to buy in 2024.

What sets Pullix apart is its easy-to-understand profit-sharing model – if you hold PLX tokens, you get a share of the daily revenue, encouraging users to actively participate in the “Trade-to-Earn” model.

Right now, the PLX token is at $0.10 in Stage 7 of its presale, providing early buyers with a solid 150% return. Keep an eye out, as analysts predict a potential 1,000% surge when PLX hits exchanges in Q1 of 2024, thanks to its connections with trillion-dollar markets like OTC derivatives.

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

Visit Pullix  | Join The Pullix Communities

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The inforation provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency