Hybrid

DeFi

Glimpse

Pullix

Coin

PLX, the native token of the Pullix hybrid exchange with a merge of CeFi &amp; DeFi elements, is one of the most talked about coins in the current market cycle. After already securing listings on top-tier exchanges, the native PLX token navigates the market in such a way that prompts investors to contemplate its potential to mirror the growth of Binance (BNB). While Binance coin is also a large player in the DeFi market, gaining by over 34% in the past month, Pullix is clearing doubts with interesting pace and developments that seems to tackle existing challenges in the DeFi space.
<h2 class="wp-block-heading" id="binance-bnb-dips-slightly-while-maintaining-significant-market-dominance">Binance (BNB) Dips Slightly While Maintaining Significant Market Dominance</h2>
Reclaiming its position from Solana in the past few weeks, Binance (BNB) is once again, holding the fourth position in the ranking of the cryptocurrencies with the largest market cap. Being a top crypto exchange platform for many years, Binance has also seen a very significant amount of growth. The token has even moved over by 500,000% since it was launched.
Currently, Binance is still burgeoning, as the token is activity riding bullish sentiments on the market. Despite registering a yearly gain of over 83% and over 38% in the past month, the token is currently facing a weekly decline of over 6%. The decline has, however, dropped the price of Binance below its weekly $615 support threshold.&nbsp;
While Binance coin is now holding in a <a href="https://coinmarketcap.com/currencies/bnb/" target="_blank" rel="noopener noreferrer nofollow">weekly price range</a> of $546.43 and $618.65, experts think that it has a good chance of scaling above its ATH of $686 this year, especially in the second or third quarter. Generally, Binance holds a strong position among the top exchange platforms with incredible growth potential, however, with Pullix in the picture, Binance might be up against a strong contender.
<h2 class="wp-block-heading" id="pulliix-plx-raises-the-bar-by-allowing-easy-trading-without-kyc-with-a-passive-income-model">Pulliix (PLX) Raises The Bar By Allowing Easy Trading Without KYC With a Passive Income Model</h2>
Considered one of the best DeFi coins to invest in, <a href="https://pullix.io/" target="_blank" rel="noopener noreferrer nofollow">Pullix (PLX)</a> stands out as a hybrid exchange that innovatively incorporates Trade-to-Earn and a revenue-sharing model. The platform has been making improvements to its platform since launching its beta live trading. For one, they have added one payment service provider (PSP) and plan to include two more to accept a wider range of cryptocurrencies.&nbsp;
Additionally, users can now stake their PLX tokens to receive a share of the daily revenue, a unique feature not commonly seen in the Web3 landscape. Additionally, PLX’s token burn mechanism contributes to potential value appreciation. The platform is already upgrading its system with a new CRM to bring together different applications into one, which combines DeFi and CeFi features, promising big changes in the DeFi market.
Beyond these features, the platform also offers perpetual futures, CFDs, and a secure cryptocurrency vault. Since its initial listing at $0.168, PLX has surged to an ATH&nbsp; $0.76, marking a remarkable 350% plus increase in value. Currently listed on MEXC, BitMart, XT.com, Uniswap, CoinMarketCap, and CoinGecko.
With its recent launch on March 21, 2024, Pullix has also introduced staking, with about a quarter of presale tokens already staked, mostly locked for 180 days after launch. These updates show Pullix’s commitment to user-friendly features and attracting long-term investors in the DeFi market .
<a href="https://pullix.io/" target="_blank" rel="noopener noreferrer nofollow">Visit Pullix&nbsp;</a>
<a href="https://twitter.com/pullixmarkets" target="_blank" rel="noopener noreferrer nofollow">Join The Pullix Communities</a>
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post <a href="https://captainaltcoin.com/pullix-plx-the-next-binance-coin-bnb-for-investors-exploring-the-hybrid-trading-platform/" rel="noopener noreferrer nofollow">Investors Think Pullix (PLX) Might Yield Results Similar To Binance Coin (BNB) As Traders Get First Glimpse Of Hybrid Trading Platform</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

Investors Think Pullix (PLX) Might Yield Results Similar To Binance Coin (BNB) As Traders Get First Glimpse Of Hybrid Trading Platform

Table of Contents

CaptainAltcoin

Other articles published on Apr 7, 2024

Ethereum Price Momentum Slows as Resistance Levels Hold

Cathie Wood Praises Crypto Regulation in Hong Kong

Ethereum’s Rally Hits a Snag as Key Resistance Thwarts Growth

Fantom’s Co-Founder Hints At ‘Something Bigger’ This Summer and Defends Solana: FTM Price Jumps

BlackRock Expands Authorized Participants List for Bitcoin ETF

Futuristic Fusion: AI Meets Blockchain - Gate.io and AWS To Co-Host Hong Kong Web3 Festival Side ...

Join our free newsletter for daily crypto updates!