Bitcoin bulls target $50k as investors accumulate Injective, Aptos, and Pullix
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Following the recent crypto market flash crash, concerns about Bitcoin potentially dropping to the $30k level have surfaced. Investors are expressing fears, but market analysts suggest the current movement was within the last $30k range.
Considering this scenario, diverting attention to other altcoins might be a strategic move for the ongoing bull market. Notably, some investors are already in the process of accumulating Injective (INJ), Aptos (APT), and Pullix (PLX).
Exploring alternative opportunities beyond Bitcoin (BTC) seems to be gaining traction in response to the market dynamics.
Injective skyrockets
Injective Protocol has been on the run in the past month.
INJ has attracted over $500 million in trading volume.
Also, its trading volume has skyrocketed more than 150% in the past few days.
According to CoinGecko, the Injective price is trading at the $18.59 to $34.27 price level. Also, it has increased 63.5% in the past seven days and 92.6% in the last 30 days.
As it is, INJ is up 1937.8% in the past year.
On X, Injective reported that on-chain transactions and activity have hit 370 million.
In addition, Injective listed some facts about its network. They include zero gas fees, Ethereum and Solana compatibility, automatic smart contract execution, and resistance to MEV.
Aptos soars despite token unlock
Aptos is no stranger to the recent market surge, reaping gains over the past month.
Despite releasing over 25 million APT, the coin surged to nearly $10, defying the common trend of losses post-token unlock.
In contrast to the broader bearish market, Aptos bulls stand firm.
APT remains bullish, backed by the RSI reading standing above 50.
Currently trading between $7.59 and $9.14, the coin is up 8.3% in the past week.
Investors exploring Pullix
Pullix has introduced a hybrid trading exchange that connects distributed and centralized exchanges.
The platform addresses the challenges of limited assets and liquidity with a single solution.
Pullix enables users to trade a diverse range of assets, including forex, commodities, cryptos, stocks, and ETFs—markets known for their high trading volume, ensuring liquidity is never a concern on the platform. Users retain control of their private keys and assets, enhancing security.
Beyond its core functionalities, Pullix has unique features, starting with an artificial intelligence (AI) trading function that aids users in enhancing their trading skills and earnings. In alignment with the growing trend of AI in trading during 2023, Pullix embraces this technology.
The “trade-to-earn” feature has captured the crypto industry’s attention.
Pullix rewards traders and investors for utilizing the platform through the PLX, which serves additional functions within the platform.
Moreover, their liquidity feature, offering users 8–18% interest rates for adding liquidity to the exchange, is determined algorithmically for fairness.
Closing thoughts
As investors accumulate INJ, APT, and PLX, Pullix remains in focus.
With Bitcoin potentially gearing up for more gains in 2024, the token is available for $0.042 in the ongoing presale.
For more information regarding Pullix’s presale, see the links below:
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