The next Bitcoin halving event is on everyone’s lips, but what does it actually mean for investors? One of the most anticipated events, the next Bitcoin halving is expected to take place in April.
Read on to find out what this could mean for investors and why this event puts Pullix (PLX) presale on investors’ watchlist ahead of the Santa rally!
Pullix (PLX) Presale Hits New Milestone, Over 2.2m Tokens Already Sold
For those who haven’t heard of Pullix, this could be the right time to join the frenzy. Pullix is a groundbreaking hybrid exchange that blends centralized and decentralized features.
Born out of the need for secure, streamlined trading conditions, Pullix is turning heads with its Trade-to-Earn model. Token holders can not only trade a myriad of cryptocurrencies and traditional assets, but can also take a share of the platform’s profits, enjoy up to 60% discounts on trading fees, and earn rewards from completing trading challenges.
What truly sets Pullix apart is its focus on security. With failures like FTX that shook investor confidence to the core, Pullix is one of the most secure platforms. The main reason is that users will retain custody of their assets, as the company’s ethos is Not your keys, not your coins. Hence, traders store their own keys, and own their assets, so the hybrid model bypasses the need for KYC requirements.
This means a streamlined trading experience: traders only need an email address to open an account, fund their accounts with crypto, and then they can trade thousands of assets, including cryptocurrencies, commodities, exchange-traded funds, and even forex.
Bitcoin Halving 2024: BTC to Be Scarcer Than Gold
Bitcoin’s halving event is one of the most anticipated events in the last year. Traditionally, Bitcoin’s halving events had a ripple effect on the entire crypto market, and it’s now expected to have a similarly strong impact not only on Bitcoin’s price but also during the Santa rally – the traditional end-of-year market surge, which acts as a ramp for emerging platforms like Pullix.
Bitcoin's growing scarcity and its historical price patterns post-halving make it a prime candidate for investors looking for potential growth. As Bitcoin becomes scarcer, it is described as digital gold, especially as it becomes more scarce and more valuable.
There is no fixed date for the actual halving event – it has been programmed into Bitcoin since its birth and it occurs every 210,000 mined blocks. However, it is estimated that this will take place in April, but it largely depends on the mining activity.
Since the last halving event in 2020 when it was priced at around $8,500, Bitcoin has gone through many phases: a bull run in 2021 just shy of $70,000, followed by a rapid drop, and is now back above $40,000. However, since then, Bitcoin has become mainstream and its adoption has been skyrocketing, bringing in big money from institutional investors.
With the Bitcoin halving event around the corner, experts believe that Bitcoin could go as high as $100,000 in 2024 thanks to the mixed potential of the first Bitcoin ETF expected to be approved soon.
The Bottom Line
Ahead of Bitcoin’s halving in 2024, Pullix is on savvy investors' radars. The platform is not only a haven for traders but also for those looking for passive income opportunities, as Pullix is a user-centric platform that will provide many profit opportunities, including staking and yield farming.
With unique features and a groundbreaking business model, this could be the right time to buy into the Pullix presale!For more information regarding Pullix’s presale see links below:
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.
