Bitcoin (BTC) has gone upwards in value as Bitcoin Spot ETF anticipation has supported the crypto in the past trading sessions. Pullix (PLX) has also raised $ 2 million so far with its presale, sparking significant interest from traders and investors. We will be going over the price performance of both cryptocurrencies to see which is the best cryptocurrency to invest in.

Bitcoin (BTC) Supported by Spot ETF Anticipation – Price to Reach $50,000

Bitcoin (BTC) has remained above $42,000 during the past trading sessions, indicating that the bullish trend is not over. Bitcoin could suffer a correction with an increasing asset supply on the exchange platform, but the on-chart data suggest that it could also swing further up. 

Based on the on-chart data, surrounding the Network Realized Profit and Loss metric, holders of BTC have engaged in profit-taking since October 2023. IntoTheBlock data also suggests that over 30% of the BTC supply has been held for over five years. 

Crypto analyst Ali Martinez is bullish on the future value of the crypto, and according to his Bitcoin price prediction, it can climb further towards $50,000. 

However, the analyst noted that it could experience a 40% correction, as seen from the first major correction that occurred upon reaching the 0.786 Fibonacci retracement level from 2016 to 2019.

Pullix (PLX) Reaches Stage 5 of Presale and Raises Over $2 Million

Pullix (PLX) has seen a massive level of momentum with its blockchain ICO, fueled by its introduction of unique TradFi elements. So far, the presale has raised $2 million, which indicates the potential the project has for growth.

It will solve issues such as liquidity and transparency, which most DEXs have historically faced, resulting in the stagnation of mainstream adoption. Pullix will be the first community-backed exchange where anyone will be able to provide liquidity to automated market makers, which can result in competitive pricing and fixed passive capital gains for LPs, which will resolve liquidity issues.

Each user can access Yield Farming, staking, and liquidity provision. Each ecosystem participant can also begin trading futures and CFDs and gain access to secure storage of cryptocurrencies. 

• Every trade on the Pullix Swap will have a 0.25%, which will be added to the pool in LP tokens.
• Holders of the cryptocurrency can contribute liquidity through staking their LP tokens. 
• This way, LP tokens can be sold for PLX, which gets distributed to PullixLP holders. 
• This can enhance the overall value of the crypto and even give them fixed passive income. 

PLX is now trading at $0.07 during Stage 5 of its presale, and with its current momentum, analysts project a 70x climb in value at launch.

Summary

Bitcoin could see a major upswing during the upcoming months, but Pullix is being eyed by traders due to its potential as well. The project has made significant growth with its blockchain ICO. With its unique approach in TradFi, it will introduce a rich feature set and have vast token utility, which can contribute towards higher utility and make it the best cryptocurrency to invest in.

For more information regarding Pullix’s presale see links below:

Visit Pullix 

Join The Pullix Communities

_{Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $360. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.}