In the fight to maintain their presence in the market, some tokens are starting on the path to activation, while others are still on a downward trend. Internet Computer (ICP) has caused some positive price corrections, but Toncoin (TON) is still suffering from a bearish trend. In another development, the Pulix platform’s quest to become the first hybrid trading platform has garnered significant attention from the market, with over 80 million tokens sold to date. Analysts have selected PLX as one of the top cryptocurrencies to invest in right now as a new DeFi token. Please see below for details.
Pullix (PLX) builds first hybrid trading platform
As internet computers rise slightly and Toncoin still fights bearish pressure, Purix builds the first hybrid-based crypto trading platform. The hybrid nature of Pullix solves the problems of major exchanges such as Kucoin and Huobi. These exchanges charge users high trading fees, which the Pullix platform plans to solve.
Also, many of them lack liquidity and there is always the possibility of a security breach. However, Pulix exchange offers zero trading fees, high liquidity, and robust security. Most importantly, the platform gives investors full control over their assets, thereby eliminating the need for a third party.
Thanks to these exciting features, Pulix has attracted a total of 15,000 participants to date and generated nearly $5 million since the start of the presale. The platform has also sold millions of native tokens in pre-sale so far. As the pre-sale enters its final two stages, investors can purchase his PLX, his ERC20 token, for as little as $0.10. An investor who buys tokens now will receive a 10% bonus by the time the pre-sale ends in his 70 days.
Pullix is listed on CoinGecko and plans to reward investors by enabling a profit-sharing model where PLX token holders earn a portion of the profits from the platform’s daily revenues. The platform also has token writing functionality for remaining unpurchased tokens. Analysts praise his Pullix as a new DeFi token, Hundredfold I’ll be back after the project launches.
Internet Computer (ICP) soars above $12. Could the price reach $20?
The weekly chart of Internet Computer (ICP) is witnessing positive price movement indicating that the token is already in an uptrend. Internet Computer, which traded for less than $5 in November 2023, has rebounded to trade between $10 and $13.50 in the past 30 days, making it one of the top cryptocurrencies on the market.
2.44% slight increase Last week’s results suggest that Internet Computer’s bullish momentum may have just begun. Some analysts believe that if this current momentum holds around the $15 resistance trendline, Internet Computer prices could reach the $20 benchmark by the end of the year.
Toncoin (TON) price falls 5% in one month and struggles
Meanwhile, Toncoin (TON) is feeling the heat of bearish pressure as the token sinks to new lows. The price of Toncoin has been trading around $2.17 for the past two weeks. Only 4% down The rally over the past week shows that the Bears continue to have the upper hand.
Toncoin has also failed to challenge the 50 EMA, and the 200 EMA is currently seen as being beyond the reach of the token. Toncoin price is scheduled to retest the $2.1 support level, so investors can only hope that a successful retest will trigger positive price action for the token.
For more information about the Pullix presale, please see the link below.
Visit Pulix