Although Bitcoin holders share a general contentment as Bitcoin goes over $40K after struggling to reach that price since the beginning of the year. However, a lot are still unhappy with the current volatility that faces the coin.
The same goes for Decentraland holders who are disinterested in trading with the coin as seen in its declining trading volume. As a result, many of them are rushing to secure their spot in Pullix presale. We’ll explore why,
Bitcoin (BTC) High Volatility Continues, Leaving Holders Frustrated
The trading volume of Bitcoin is currently up by 13.58% in the last 24 hours, however, most people trading with Bitcoin are doing so in anticipation of its foreseeable rise after its halving next year.
As Bitcoin trading activity keeps increasing, a lot of holders are still frustrated by the current volatility of Bitcoin prices. Bitcoin price today has declined by over 0.88%, leaving it at $41,856 as of the time of drafting this article.
Bitcoin price is predicted to still rise above its all-time high according to experts, seeing as BTC leads the top crypto coins. While the popularity of Bitcoin greatly influences how much trading activity it has going on now, many people still trade with Bitcoin on the belief that Bitcoin price will continue to prevail over every other cryptocurrency on the market.
Decentraland (MANA) Faces a Significant Reduction in Trading Activity
Decentraland has already placed itself as one of the top crypto coins to invest in with its unique platform and intent to invest in the future of the metaverse. Following its successive launch, Decentraland price saw its all-time high around November 2021, reaching a peak of $5.85.
However, Decentraland is now 91.61% below that price. Decentraland coin price is currently at $0.4917 which is 0.76% below its price in the past 24 hours. And, with a market cap of $930 million, Decentraland holds the 67th place in the list of top cryptocurrencies by market cap.
Just recently, Decentraland lost over 49.47% of its trading volume. This reduction in the past 24 hours has fueled some flames to the interests in investors who are looking to diversify. As a result many are flocking to the new hybrid token about to be launched, called Pullix.
Pullix Experiences Impressive Rally as 1.4 Million PLX Tokens Is Already Sold
Set to launch in January 2024 as one of the best new crypto’s to invest in, Pullix will emerge as a promising crypto investment, combining the strengths of both CeFi and DeFi in its trade exchange platform.
Pullix aims to deliver a holistic trading experience, featuring high liquidity, swift transactions, yield farming, and a user-friendly interface blending elements of centralized and decentralized exchanges.
It stands out with its commitment to price stability and growth, allocating up to 30% of earnings for this purpose. One impressive feature is the absence of KYC requirements, providing users control over their assets.
In addition to analysts anticipating a 100x token growth, Pullix accommodates the trading and staking of various assets, including Bitcoin, Ethereum, and Dogecoin, hinting at substantial future expansion. The Pullix token (PLX) is currently being sold at $0.042 and over 1.6 million tokens have been sold in its ongoing stage 2 presale.
Positioning as the first community-backed exchange with a trade-to-earn token, Pullix is poised to overshadow established platforms like Decentraland and even other exchange platforms like Binance and Coinbase. Buy PLX now and join the best new crypto to invest in.
For more information regarding Pullix’s presale see the links below:
Visit Pullix
Join The Pullix Communities
Source: https://coinpedia.org/press-release/frustrated-bitcoin-and-decentraland-holders-flock-to-pullix-presale/