Connect with us
Active Currencies 15226
Market Cap $3,114,772,417,005.50
Bitcoin Share 57.19%
24h Market Cap Change $0.18

Pullix (PLX) Opens $40 Trillion Daily Markets to Investors Outshining BNB and UNI

3min Read
Pullix

Share this article

The crypto market has grown over the years, with a market cap of over $2.42T. At the same time, the approval of Bitcoin and Ethereum spot ETFs has triggered more interest in cryptocurrencies as the crypto market’s daily trading volume continues to set new records. As such, Pullix is coming up with a unique hybrid trading exchange that will ensure a seamless trading experience. Its native token PLX has been backed to outshine the likes of Binance Coin and Uniswap.  

Pullix – the New Hybrid Exchange on the Path of Opening the Trillion-Dollar Market

Market data from Statista shows that close to $100B worth of cryptocurrencies are traded daily, with top exchanges such as Binance and Uniswap leading the pack. However, another new exchange in Pullix is coming up with a new platform that will rival these established exchanges. 

This new Pullix exchange promises top-notch security and faster transaction processing. 

At the same time, Pullix will allow for higher liquidity, making it easier to trade cryptos seamlessly. On the platform, users can trade cryptos such as BNB, Uniswap, etc. The Pullix trading exchange is set for launch in the coming weeks, which could significantly impact its native token, PLX. 

The Pullix token price has already witnessed massive rallies this year, moving from $0.01 to $0.1. That’s a 900% ROI for those who joined early. With that in mind, it might be wise to invest in the project before its platform launches. 

Binance Burns BNB Tokens — What’s Next?

Binance, the world’s largest crypto exchange, has taken a bold step that could positively impact its native token, BNB. The latest Binance news shows that the exchange burned 1,643,698.80 BNB tokens worth over $968M on July 22. A move that will reduce the circulating supply of BNB coins. 

The market data from CoinMarketCap shows that the BNB price has gained over 143% in the YTD price metrics. At the same time, the BNB market cap has moved from $47B recorded earlier in January to over $80B in July, signaling massive investors’ interest in the project. 

The technical analysis shows the coin has established support above $580 with bullish market sentiment. As such, major BNB price prediction are backing the token to retest the $720 ATH before the end of Q3. 

Uniswap Sees Increased Whale Activity – Is a Rally on the Horizon

Uniswap, the popular DEX exchange, has witnessed increasing whale activity in the past few days, a move that could signal an upcoming market rally. According to on-chain data from IntoTheBlock, the Uniswap token saw an unusual rise in whale transactions, with an over 1,298% jump.

This surprising rapid increase has triggered speculations of an upcoming rally. Data from CoinMarketCap shows that the Uniswap trading volume has witnessed rapid growth in the past few weeks. While the daily trading volume was hovering around $79M in early February, it has moved above $129M in July. 

Analysts attribute the surge to the growing interest of investors in the DEX exchange.  While the Uniswap price has continued to struggle, the massive adoption of the Uniswap exchange could push the price close to $10 in Q3. 

Why You Need To Invest in These Cryptos

With Ethereum ETF trading kicking off, there are high indications that more spot ETFs will be approved soon. As such, the crypto market will witness further adoption. With the Pullix trade-to-earn exchange launching, there is a high chance of earning significantly by trading cryptocurrencies. At the same time, Binance and Uniswap should not be overlooked. 

Visit Pullix

Join The Pullix Communities

Disclaimer: This is a paid post and should not be treated as news/advice.  

Share

AMBCrypto Team is constituted by a vastly experienced team of professional journalists and analysts. Each one of us is driven to deliver the most important, the most insightful stories and analyses of the day. Whether you're a casual enthusiast or a trader or an investor, we make sure you get the most objective, accurate, and time-sensitive story at your fingertips.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.