Amid the uncertain price signals being displayed by Shiba Inu (SHIB) and Dogecoin (DOGE), whale investors from these meme projects have spread their shopping spree to Pullix (PLX). In the switch, over $80,000 worth of PLX tokens were purchased by Shiba Inu and Dogecoin top whale. As such, Pullix has become a top crypto token to buy following its rising momentum in the crypto market.
Pullix (PLX) Presale Raises Over $6 Million as More Investors Grow Keen on the Project
Pullix (PLX) is seeing an increase in presale buyouts from investors having raised over $6 million so far. The project has attracted a top whale investor from Shiba Inu and Dogecoin who have purchased over $80,000 worth of the PLX tokens. While currently in stage 7 of the presale, the Pullix platform has sold over 90 million PLX tokens.
The growing momentum of the Pullix presale can be attributed to the high growth potential of the PLX token in the market. More notably, Pullix as a platform is making waves as it gears to introduce a revolutionary trading model to heighten the level of trading experience on the blockchain. For context, the Pullix platform will be ushering in a hybrid crypto exchange where traders can enjoy the best features of DeFi and CeFi exchanges in one platform.
As a trade-to-earn exchange, Pullix will be rewarding traders who hold the PLX token with its profit-sharing model. That is, a certain percentage of the platform’s daily profit will be given to PLX token holders. Meanwhile, to ensure that the PLX value maintains its strong hold in the market, the platform has introduced a token burn feature which means that a percentage of the token will be burned to keep circulation low and maintain relative scarcity, thereby increasing the value of the token in the long run.
The PLX, an ERC20 token, is sold for just $0.10. Over 15,000 participants have joined the ongoing presale with the project set for launching in less than 70 days. There is a 25% deposit bonus given to buyers of the PLX token now. That means now is the best time to purchase the token. The token has also been listed in CoinGecko, a top data aggregator. Overall, PLX represents a top crypto token to buy now, considering that analysts have projected a 30x rally for the token before the end of the year.
Shiba Inu (SHIB) Displays Signs of an Uptrend Amid Bear Trend
Shiba Inu (SHIB) may be on a resurging price trajectory following the latest information gathered from the token’s price chart. For context, Shiba Inu has recorded a 9% growth in price value within the last week. This growth is coming at the back of a rather bearish trend from the token.
For instance, the year-to-date price metric shows that Shiba Inu has lost over 22% in value. While the token price may have seen a slight uptrend in the past week, the Shiba Inu trading volume is on a decline in the past few days. As such, it is unlikely that the token will sustain its current rally.
Dogecoin (DOGE) Price Turn Underwhelming for Investors
Investors of Dogecoin (DOGE) are not bullish on one of the most popular meme coins in the industry. The Dogecoin price has only increased by a slight 5% within the last week.
However, the Dogecoin price metric of last month shows no significant improvement in value (less than 2% growth). As such, the Dogecoin trading volume has not witnessed major activity as investors search for alternative projects that guarantee profits. One of the projects that have attracted Dogecoin investors is Pullix, which has given early investors over 150% ROI.
For more information regarding Pullix’s presale see links below: