PancakeSwap (CAKE) is trading in a bullish territory and could swing further up the market cap ladder with its current momentum. It is staying above the major EMAs but is not alone, as Cardano (ADA) also witnessed bullish momentum. Pullix (PLX) is an upcoming, community-based exchange that’s also showcasing massive momentum. After completing 4 stages of its presale in less than 4 weeks it has cemented itself as the hottest presale on the market, selling over 50 million tokens and raising over $2.3 million in that time. Below we will discuss all three of these tokens in depth.
Pullix (PLX) Is a Pioneering Community-Backed Platform That Can Revolutionize TradFi
Pullix (PLX) is a pioneering platform currently holding its blockchain ICO, that will solve issues found in most CEX and DEXs today. Throughout this platform, users can trade assets and derivatives, including cryptocurrencies, all from one account and without needing to undergo KYC procedures.
Cryptocurrencies are used as collateral, and the native token, PLX, will be used as the utility token to provide benefits to holders. For example, anyone can stake the crypto and get a percentage of the daily revenues generated on top of the exchange.
Traders can even access OTC derivatives, and there is even a revenue share system where Pullix will enable any holder access to fixed capital gains generated from the daily revenues on top of the platform.
Users can also provide liquidity to automated market makers and get fixed monthly passive income. These aspects can help revolutionize the TradFi space, and as a result, PLX is regarded as the best cryptos to invest in.
PancakeSwap (CAKE) Climbs 73% – Price to Reach $6.11 in 2024
PancakeSwap (CAKE)’s recent price action indicates that this crypto is hovering in a powerful uptrend with a possible price increase in the forthcoming sessions. Bulls are attempting to maintain these PancakeSwap levels and show faith in the cryptocurrency’s upward momentum
In the current trading sessions, buyers have indicated their strength and have resumed buying and getting more cryptocurrencies to expand this upward trend.
PancakeSwap saw an increase of 73% in the past month, going from $2.44 to $3.79 during the past week alone. According to the PancakeSwap price prediction, it can reach $6.11 by the end of 2024.
Cardano (ADA) Price Action Is Bullish – Can Climb Above $1 Soon
The Cardano (ADA) price action produced a bullish chart structure in recent trading sessions. Its price was trading above the key moving averages, and this is reflected in the buyer power.
Seeing the recent Cardano rise, many closed their positions and are staying on the sidelines. The ADA crypto moved from $0.58 to $0.66 in the past week. This resulted in a 73% monthly increase for Cardano. Yet, analysts are bullish, and according to the Cardano price movement, it can reach $1.09 in 2024.
Summary
PancakeSwap is breaking past bullish territory and is trading above major moving averages. Cardano could also soon see a major upswing. Pullix’s price continues to increase while it continues to power through its presale, with popular youtubers and influencers now endorsing PLX as the next 100x token!
For more information regarding Pullix’s presale see links below:
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⌛ DOWN TO THE WIRE!
Not even the Holidays can stop us!! Less than 45% of Stage 4 tokens remain before price jumps to $0.07!
This is your FINAL CHANCE to grab PLX at our $0.046 price point! ⚠️
Tick tock – this stage is nearly complete! Get the last discounted tokens while… pic.twitter.com/cvVVyD27r1— Pullix (@Pullixmarkets) December 27, 2023
During the current presale period, a single PLX token trades for just $0.046 and, at launch, can surge by 3,500% based on projections, making it one of the best cryptos to invest in during its blockchain ICO.
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Source: https://www.analyticsinsight.net/pullix-plx-to-revolutionize-tradfi-pancakeswap-cake-and-cardano-ada-traders-see-it-as-a-diversification-opportunity/