Investors Depart Ethereum (ETH) As It Hits Critical Level, BONK (BONK) and Pullix (PLX) Attract Investor Frenzy

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Investors are beginning to depart Ethereum (ETH) despite the EIP-4844 upgrade announcement and the JPMorgan optimism surrounding its future. A catalyst for this departure is its recent dip in value as the crypto fell back under the $2,300 price range. BONK (BONK) has begun to attract investors after surging by over 900% in the past 30 days and climbing its value up the market cap ladder. 

Alongside them, Pullix (PLX) is gaining significant attention with its crypto ICO and can become a dominant force in the industry. Today, we will go over all three cryptocurrencies to see how far they can rise we will also uncover the best crypto to invest in now.

Ethereum (ETH) Dips in Value Despite EIP-4844 Hype

JP Morgan analysts have predicted that Ethereum (ETH) will likely outperform other cryptocurrencies following the EIP-4844 upgrade. The upgrade is expected to lower the Ethereum transaction cost for users and drive the adoption of the ETH crypto. 

Despite this, the value of the Ethereum crypto has declined in the past week, and while it did originally pass the $ 2300 level and reached $2,384.93, it has since dipped to $2,278.47. As a result, investors are now diversifying their holdings, as the future Ethereum price prediction is uncertain. 

BONK (BONK) Reaches a New All-Time High – To Climb to $0.000024 in 2024

BONK (BONK), a meme coin built on top of the Solana blockchain, has soared to an all-time high, increasing by a total of 936% in the past 30 days. The new all-time high for BONK is now at $0.00003416. 

During the past week alone, the crypto climbed by 144%, from $0.00000951 to $0.00003416. With a market cap of $1,724,897,987, BONK is now the 46th largest crypto. According to the BONK price prediction, it can surge to $0.000024 in 2024.

Pullix (PLX) Is an Emerging DeFi Platform That Has Captured Investor Attention

Pullix (PLX) is a trading exchange that will bridge the gap found in CEXs and DEXs and provide an inclusive platform that will solve liquidity issues found in DeFi which have hindered growth and adoption historically.

By providing a unified platform, Pullix will make it simpler for anyone to access liquidity and trade global assets seamlessly. The trading platform will let users trade assets using margin and has a range of advanced institutional trading tools powered by OpenAI. Some of these can enhance the potential traders by making profitable trades, and anyone can also access the Copy Trader feature for additional assistance.

PLX is the native crypto, and holders have various benefits. They can engage in multi-asset staking and get guaranteed fixed monthly income. Some of the proceeds generated on top of the platform are used to buy more PLX. These are then split, where half is burned, and the other half is used for reward distribution. 

Summary

But while traders are moving away from Ethereum and accumulate BONK, they have also turned their attention to Pullix. During its crypto ICO, the PLX token has reached Stage 2 and now trades at $0.042. At launch, analysts project an upswing of 100x, making it the best crypto to invest in. 

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*This article was paid for Cryptonomist did not write the article or test the platform.