HomeUncategorizedWill Ethereum (ETH) Test $1600 Next With Solana (SOL) About To Drop...

Will Ethereum (ETH) Test $1600 Next With Solana (SOL) About To Drop Back Under $50? Pullix (PLX) Gears Up To Take Market by Storm

- Advertisement -

Solana’s (SOL) bullish trajectory is under threat after a recent network outage put investors in concern. After easing off the fears of the SEC approval of Bitcoin ETF, Ethereum (ETH) has mounted a bullish path, but there are still fears that the bears may come back to do severe damage. On the other hand, Pullix (PLX) is gearing up to end its presale with more investors joining the project daily. Analysts rank the PLX token as one of the best cryptos to invest in currently with the Pullix exchange set to redefine the scope of crypto trading.

Pullix (PLX) Showcases Prowess as Presale End Date Set

With fears surrounding Solana and Ethereum, Pullix is dominating the crypto market while showing remarkable progress since the start of the presale. The Pullix platform has raised over $5 million and sold over 80 million PLX tokens so far in the presale as investors began to notice the qualities of the project. As the presale winds down, more investors are expected to make last-minute purchases as they position themselves for future profits. Early investors of the project already received a 150% ROI from the investment.

For context, Pullix will be a hybrid trading platform for investors who have been shortchanged by established exchanges such as Binance, Kucoin, Coinbase, etc. These exchanges rip investors off their funds through high transaction fees which reduce user’s profits. However, with Pullix, there is a unique solution to solve these myriad of problems. First, the platform will be a non-custodial exchange, allowing investors to have full control of their funds.

Also, Pullix will charge zero commission on transactions and engender robust security to safeguard user’s funds. With these features, Pullix has witnessed a massive inflow of investors with over 15k participants in the presale so far. The platform ERC20 token PLX is in the final two stages of presale and is sold for just $0.10. There is currently a 25% bonus for whoever purchases at this price before the presale ends in 70 days.

Pullix has also introduced the profit share model for investors to earn a fixed daily percentage from the platform revenue. To stabilize the price, Pullix will burn the remaining non-purchased tokens after the presale. Based on the opinion of top crypto analysts, the PLX token is one of the best cryptos to invest in now with the token having the capacity of returning 100x profits when the project is launched.

Could Ethereum (ETH) Be on the Way to $1600?

Although Ethereum is presently on the upswing, Investors are still skeptical about the resurgence of the bears. Some recent happenings within the Ethereum ecosystem may have necessitated these fears. According to ScamSniffer, the EVM  chain suffered a loss of $55 million across its chains which affected about 40,000 victims.

Out of the 40,000 victims, the Ethereum Mainnet accounts for 19,360. Since the incident, analysts have observed a slight bearish pressure which may mean some investors are taking their profits after the scare. If these trends continue, the Ethereum price may sink as low as $1600.

Solana (SOL) Surges but Could Drop Below $50

Although Solana (SOL) has seen a major turnaround in the past months with the token gaining 35.47% in 90 days, there are still concerns about the token losing momentum. Investors are concerned about Solana’s security after the token experienced a network outage recently.

The aftermath of the outage saw the Solana token getting rejected at the $105 resistance zone. The consequence of this rejection may be severe if the buyers do not rally around the token. If the bears prevail, there is a high chance of the Solana price dropping below $50 very soon.

For more information regarding Pullix’s presale see links below:

Visit Pullix 

Join The Pullix Communities

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
John Kiguru
John Kiguru
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@ethnews.com Phone: +49 160 92211628