Bitcoin price has surged above all-time highs after bouncing back from a dip below its support level at $63.69K, showcasing a strong bullish momentum with prices frequently testing above $71K. This rally has fueled significant excitement in the altcoin market, with analysts now predicting a potential surge of up to 1000% for both Avalanche crypto and Pullix (PLX). Avalanche, echoing its previous highs this year, is poised for another major price rise, drawing attention from investors and analysts alike. Meanwhile, Pullix is also anticipated to witness a meteoric price increase, further adding to the altcoin hype in the crypto space.
Inciting The Interest of More Traders, Pullix (PLX) Launches Staking DApps
After recently listing Uniswap, MEXC, XT.com, and BitMart, Pullix (PLX), the platform also just launched its staking DApps allowing both new and existing users to participate in staking activities in the DeFi space.
Meanwhile, Pullix’s newly announced staking dApp offers a seamless experience for PLX token holders. With just a few clicks, you can stake your PLX tokens and choose from flexible staking periods to suit your needs, all while earning competitive APY rates for your staked tokens. This serves as an alluring opportunity which paints Pullix as a favorable crypto to buy for investors looking to earn staking rewards.
You’ll aso be able to easily track your staking rewards and token balances through intuitive tools, empowering you to monitor and maximize your returns effortlessly. By participating in staking, you not only have the opportunity to earn passive income but also actively support Pullix’s growth and adoption as a leading trading platform.
Asides from emerging with a distinct approach among other exchange and DeFi projects, which includes the combination of both decentralized and centralized features, Pullix’s “no KYC requirements”, Profit Share Model, and the availability of its cutting edge trading platform presents it a top choice in the DeFi space.
As Bitcoin (BTC) Experiences Price Positivity, The Hype Among Altcoins Keeps Surging
Starting this week, Bitcoin gathered momentum and began appreciating in price. As BTC began pricing far away from its $63K support, volatility hit and dropped its price below its support. However, Bitcoin picked up pace and reflected an impressive rise near its resistance around $71.65K. This recent rise fueled the momentum behind other altcoins and further amounted to an 8.57% rise in the past week.
Bitcoin has generally seen a 21.35% increase in the past month, despite its volatile streak throughout the month. Currently Bitcoin price holds in a weekly price range of $62,770 and $71,123 as it makes continued effort to attain new ATHs.
Avalanche (AVAX) Is Poised for a Possible Price Spike Mirroring a 1000% Increase
From this time last year till now, Avalanche has seen an impressive growth of over 228.05%, representing an overall bullish market for Avalanche. This performance is further supported by a 37.12% price increase in the past month. Despite being faced with severe fluctuations, Avalanche has been able to hold strongly above its support threshold of $38.97.
The fluctuations surrounding Avalanche crypto have been so severe that despite a bullish week, Avalanche was only able to record a 1.99% increase in the past 7 days. Currently Avalanche holds in a weekly price range of $51.54 – $58.79, with potential to round up a 1000% yearly gain by Q4.
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