Chainlink and Bonk booming, investors set sight on new altcoin
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
As crypto rally, Chainlink (LINK) and Bonk (BONK) are riding the wave. Meanwhile, investors are analyzing Pullix (PLX) whose presale is in progress.
Pullix may reshape tradingÂ
Pullix has raised over $9 million in its presale. There are over 20,000 participants who have bought more than 120M PLX. This represents 60% of the total supply.
Pullix has also been listed on CoinGecko.
PLX will also list on Uniswap on March 4. A few days later on March 7, it will list on BitMart.
Pullix addresses the inadequacies of exchanges by deploying a hybrid system.
With this, investors have the chance to hold their assets, pay less charges on transactions, and provide liquidity to the automated market makers.
Investors can also earn through the profit share model, where they earn a fixed daily percentage from Pullix revenue.
Chainlink and BONK rallying
Chainlink is trending higher, adding 28% in the last month according to coin trackers.
Even so, with trading volumes dropping, some traders are wary of what lies ahead.
Some believe that it could be a litmus test for the bears to stage a resurgence.
If the bulls manage to surmount this latest challenge, LINK may break above $30.
Bonk, a meme coin on Solana, rose to reach an all-time high of $0.00003419 in December 2023.
Even though prices cooled off, BONK is now up 123% in the past month.
It is up 96% in the past week.
While volumes have fallen, analysts expect BONK to extend gains.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
