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Since the launch of the Bitcoin (BTC) ETF, there has been widespread visibility and adoption of the token in the crypto market. While this could be a channel for Bitcoin to go mainstream, other tokens are building the groundwork to become giants in the industry. For instance, Pullix (PLX) has gained a fair amount of attraction from retail investors as the platform raises over $4 million in the ongoing token presale.
Bitcoin ETFs Rapidly Accumulate 95,000 BTC
Following the approval of the Bitcoin (BTC) ETF on January 10th by the US Securities and Exchange Commission (SEC), the spot exchange has amassed over 95,000 Bitcoin within days of trading. As a result, the assets under management have risen to almost $4 billion. Stats show that Fidelity and BlockRock are the pacesetters in terms of inflows which have exceeded $1.2 billion. This development sets a significant precedent on the performance of crypto ETFs in the traditional finance industry.
More so, Bitcoin price is seeing a price resurgence, having gained 11% within the last week, as per data from CoinMarketCap. Crypto experts reckon that Bitcoin, which is a top crypto coin, may come back to its year-to-date peak price of $48,000 at the current trajectory.
Pullix (PLX) Raises Nearly $5 Million As Retail Investors Buy the Token
Having already crossed the $4 million threshold, Pullix (PLX) is now close to raising $5 million in the ongoing token presale, with retail investors leading the group of people buying the token. Pullix’s raging momentum has placed the token among the best crypto tokens to buy in 2024 amidst news of the token being listed on CoinGecko.
Pullix as a platform is gearing towards launching a hybrid Trade-to-Earn exchange that combines the strengths of DeFi and CeFi exchanges to birth a seamless trading environment. With Pullix, community members have the opportunity to earn passive income by staking the $PLX token.
Holders of the $PLX token will receive daily exclusive rewards on the platform for as long as they hold the tokens. Users can earn through staking, yield farming and other giveaways. One of such is the ongoing Meme Contest, the Pullix platform will give a grand prize of $250 to one lucky winner, with the 2nd and 3rd place runners-up getting $100 and $50.
To trade on the platform is easy as traders are not required to undergo KYC verification. Just register, deposit into your account, and trade. The security of the platform is guaranteed as InterFi Network has audited the smart contract while the BlockAudit Team have fully verified the KYC.
Experts have projected a 580% increase in the token’s price before the end of presale and a further 30x on launch. At the current price of $0.10, the Pullix token represents one of the best crypto tokens to buy now, with the potential of becoming the next blue-chip crypto.
There is a 10% bonus for people who purchase the token now. So, if you purchase 10,000 worth of PLX tokens, you get 11,000 PLX in return. Crypto experts have tipped the price to rally by 50% in February, making it one of the top cryptocurrencies to buy and HODL for long-term profits.
For more information regarding Pullix’s presale see links below:
Visit Pullix
*This article was paid for. Cryptonomist did not write the article or test the platform.