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<div class="coinjournal">
 <ul>
 <li dir="ltr">Avalanche (AVAX) has jumed 10% in the past 24 hours to break above $45.&nbsp;</li>
 <li dir="ltr">As cryptocurrencies bounce, AVAX bulls could eye a breakout above $50.</li>
 <li dir="ltr">Meanwhile, the overalll bullish outlook has Pullix (PLX) attracting investors as its presale surpasses $1 million.</li>
 </ul>
 Avalanche (AVAX) is looking to bounce above a key price level following Wednesday’s broader market <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a>. Meanwhile, <a rel="noopener noreferrer nofollow" title="investors" href="https://thebittimes.com/tag/investors.html">investors</a> hunting for the next breakout projects are increasingly finding Pullix (PLX), a new crypto exchange and investment platform highly attractive.
 <h2 dir="ltr" id="pullix-plx-the-new-hybrid-exchange-for-defi">Pullix (PLX): the new hybrid exchange for DeFi</h2>
 Pullix ($PLX) is a new project that seeks to bring the benefits of a hybrid exchange to the online trading community.&nbsp;
 An innovative “Trade-to-Earn” ecosystem stands out and could revolutionise the trading experience across crypto, particularly the decentralised finance (DeFi) market. The trading platform will incentivise users to provide liquidity, offering a revenue sharing product that could drive interest and provide traction for the native $PLX token.
 $PLX holders will earn more tokens when they contribute to liquidity through staking of liquidity pool tokens. There are also discounts on trades.&nbsp;
 Apart from that other notable earning opportunities will be via its lending protocol, staking rewards, and DeFi and NFT launchpad.&nbsp;
 Users will also note Pullix’s non-custodial exchange as a plus that sets it apart from most platforms currently in the market. What this means is that users remain in control of their holdings as they enjoy the benefits of a hybrid infrastructure model.
 <h2 dir="ltr" id="avalanche-avax-looks-bullish-as-crypto-bounces">Avalanche: AVAX looks bullish as crypto bounces</h2>
 Cryptocurrencies have added roughly 2% to the global market cap after Bitcoin’s <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> to $44,000 on Wednesday. Data showed the total value of cryptocurrencies was about $1.7 trillion, with 24-hour trading volume around $89.5 billion.&nbsp;
 As BTC rose, Solana extended its recent gains to flip XRP, while Ethereum traded to above $2,200. All the top 10 cryptocurrencies, including Avalanche (AVAX) were in the green over the past 24 hours.
 Before Avalanche’s 10% spike to highs of $46, the altcoin had hovered below $40. The upside now has analysts strengthening their &nbsp;bullish outlook for the layer-1 blockchain platform’s native token. Open interest has risen to over $407 million, up 17% in the past 24 hours.
 With millions of AVAX tokens burned, over 16 million just in the past week, and open interest in AVAX surging, there’s a high chance bulls could target $50 or higher as the next support base.
 <h2 dir="ltr" id="pullix-plx-presale-and-market-outlook">Pullix ($PLX): Presale and market outlook</h2>
 While AVAX could rally higher after reclaiming the weekly peak of $44, <a rel="noopener noreferrer nofollow" title="investors" href="https://thebittimes.com/tag/investors.html">investors</a> eyeing a long term bet on a currently cheap token will find Pullix potentially more attractive.&nbsp;
 A trader who buys Pullix ($PLX) today as the token trades around $0.044 in stage 3 could hold a significant unrealized gain on their tokens by the time they land on exchanges. This is because $PLX is expected to rise 580% during the presale, ahead of its potential market debut in the first quarter of 2024.
 This bullish outlook for Pullix has <a rel="noopener noreferrer nofollow" title="investors" href="https://thebittimes.com/tag/investors.html">investors</a> taking a good look at Pullix during the presale. As of writing, over 7 million $PLX tokens have been sold in stage 3, raising over $1 million. Details on the presale page show that this stage 3 will end in nine days, which would see the token’s presale price jump.
 Among long term catalysts for the price of $PLX is the anticipated token burn. According to Pullix’ whitepaper, a percentage of the network revenue will go into a $PLX buy back and burn mechanism.
 Notably, 10% of all forex revenue, 20% from crypto CFDs and 30% on daily Multiples will be used to buy $SPLX. Burning $SPLX will reduce the circulating supply and likely impact the token’s future price
 To find more about Pullix and its presale, visit their official website.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/avalanche-avax-surges-10-to-target-50-as-investors-grab-pullix-plx-tbt74382.html">https://thebittimes.com/avalanche-avax-surges-10-to-target-50-as-investors-grab-pullix-plx-tbt74382.html</a>

Avalanche (AVAX) surges 10% to target $50 as investors grab Pullix (PLX)

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