Binance (BNB) has reached a new outflow milestone following the departure of former CEO Changpeng Zhao. As a result, many are now looking to diversify, and Solana (SOL) has been one of the primary choices as it surged 90% in the past month.
Yet, another presale star has risen, and that's Pullix (PLX), with its unique community-based exchange offering. Today, we will look at each crypto to see how far they can spike.
Binance (BNB) to End 2023 at $262.62
Binance (BNB) recently saw $1.684 billion in outflows, according to data from DeFiLlama, after the Founder and former CEO Changpeng Zhao stepped down from his position at the company.
Yet, the price of the Binance crypto has not dipped too significantly and is still up 5.5% on the monthly chart, leading many to question the future price outlook for the crypto. The Binance trading volume has seen a rapid decrease, but its value moved up from $227.95 to $266.86 during the past week.
The BNB market cap is now at $35,950,116,903, while its trading volume is at $415,955,705. Based on the current Binance price prediction, it can kick back up as high as $262.62 by the end of the year.
Solana (SOL) Can Hit Three Digits in 2024 Based on Analyst
Solana (SOL) is getting a lot of attention from crypto analysts, and one notable example is Altcoin Sherpa. On X, formerly Twitter, the analyst noted how he is bullish on the Solana price trend in the long term.
In the short term, the analyst commented that it could be corrected, and a sub-50 entry point would be ideal. The analysts' Solana price prediction is that it will likely hit three digits in 2024, representing a massive surge.
During the past week, SOL moved up from $52.21 to $61.17. The Solana market cap is now at $24,947,106,329, while its trading volume is at $1,221,150,965, signifying healthy market activity.
Pullix (PLX) to Bolster the Next Generation of TradFi
Aside from Binance and Solana, another crypto that's getting attention is Pullix (PLX). This will be the world's first community-backed exchange and will foster the next generation of TradeFi.
Through Pullix, users can seamlessly access the platform and engage with it.
● There will be no need to download additional software applications, which will streamline the experience and lower the barrier of entry. ● Users will be able to trade the global markets 24/7, alongside cryptocurrencies all from a single platform. ● By utilizing blockchain security infrastructure, all of the interactions, trades, and transactions will be encrypted. ● The platform will feature real-time community engagement through Telegram channels and Discord groups, coupled with loyalty incentives.
At the core of the project is the PLX cryptocurrency. It was created to guarantee sustainability, foster platform growth, and encourage trader engagement. During the presale period, it is offered at an initial price of $0.04.
Holders of the crypto can stake it to earn rewards and bonuses. It also features access to cashback, distribution of rewards, and promotional offers.
The platform will also introduce periodic token burns that can decrease the circulating supply and enhance scarcity as well as value. At launch, the crypto can see a price upswing of 100x, according to analyst projections.
Site: https://pullix.io/
Twitter: https://x.com/pullixmarkets
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
