Stellar (XLM) and Monero (XMR) Survive Altcoin Bloodbath As Pullix (PLX) Gains Serious Attention

The declining market performance of Monero (XMR) and Stellar (XLM) has prompted numerous holders to delve into the world of valuable crypto gems. Hence, many investors have embraced new projects like Pullix (PLX) which have demonstrated significant potential to rank among the best cryptocurrency to invest in for high returns. Notably, in its ongoing token presale,  Pullix has surpassed $4.6 million in presale milestones, with the total nearing the impressive $5 million mark.

Stellar (XLM) Price Remains Stale After News of Bugged Stellar Core v20.1.0 Software

The Stellar Development Foundation (SDF), the organization supporting the Stellar (XLM) blockchain ecosystem, has proposed a delay in the highly anticipated update of the Stellar blockchain. 

Originally scheduled for January 30, the update, intended to introduce Ethereum-style smart contracts, is now under reconsideration due to a bug found in the Stellar Core v20.1.0 software on January 25.

Amid this, the market response appears muted. Stellar native XLM token has been trading at a range of $0.114 -$0.115, marking nearly 1% increase over the past week. With a circulating supply of 28.4 billion XLM, Stellar holds a market capitalization of approximately $3.29 billion. 

Despite the critical nature of the Protocol 20 upgrade and the ensuing discussions, the market impact on Stellar price remains relatively stable.

Monero (XMR) Sees Positive Trend As It Rises by 4.39%

In the beginning of the month, Monero (XMR) experienced a positive development with the launch of the latest version of Feather, its native wallet designed for the privacy-focused coin. This milestone was, however, overshadowed by the subsequent delisting of Monero on Binance, a move that significantly impacted the coin’s market dynamics and caused price fluctuations.

Regardless, Monero (XMR) has exhibited a sideways trading pattern, fluctuating within the $140 to $160 range. Currently, Monero prices have seen an 11% decrease from their peak levels of $173 earlier in the year, as reported by CoinMarketCap. Based on this premise, some analysts caution that the heightened market volatility in XMR might signal the initiation of an extended negative trend in the forthcoming price movements.

Contrarily, supporters of XMR express confidence that recent positive developments within the broader Monero (XMR) community could motivate numerous crypto enthusiasts to invest in Monero in the coming period. Although over the past week, Monero’s (XMR) price has experienced an increase of 4.39%, with a price range of $157.08 – $164.21,  caution is expected to be taken when trading just as with other top crypto coins. 

Over $4.6 Million Worth of Pullix (PLX) Token Sold in Ongoing Presale

Pullix (PLX) has achieved remarkable progress, and it is now proudly listed on Coingecko, providing users with easy access to key information about the token. As the project advances to the 7th stage of its ongoing token presale, Pullix has now sold $4.6 million worth of PLX tokens, with the total nearing the impressive $5 million mark. 

While it reflects approximately 150% increase from the initial offering of $0.4, the PLX token will now sell at $0.10, while boasting other compelling earnings on utilities like a 10% bonus upon purchase. 

Although the numbers are impressive, there is more to what makes Pullix truly exceptional. By seamlessly integrating the best attributes of both decentralized (DEX) and centralized (CEX) exchanges, Pullix effectively addresses liquidity challenges in the realm of DeFi.

Besides positioning itself as a promising cryptocurrency investment, Pullix is ultimately reshaping the landscape of online trading. Notably, the platform utilizes OpenAI for cutting-edge trading tools, such as margin trading and the ability to replicate successful traders.

Pullix also stands out by offering an array of features and functionalities that are hard to come by on streamlined exchanges. Some of these features include perpetual futures, CFDs, a secure crypto vault, a lending protocol, and a Launchpad catering to DeFi and NFT projects. 

Furthermore, the platform boasts deep liquidity, up to 1000:1 leverage, commission-free trades, and tight spreads. This innovative approach to trading, coupled with the integration of OpenAI, is what positions Pullix among the best crypto to invest in now. Moreover, Pullix is poised to bring a unique and comprehensive experience to users within the cryptocurrency space. 

For more information regarding Pullix’s 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. We advise readers to do their own research before interacting with any featured companies. The information 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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Philipp Traugott
Philipp Traugott

Phil Traugott is a staff writer at CaptainAltcoin. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.