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Cathie Wood, the influential figure behind Ark Invest, continues to voice her optimism regarding the future of Bitcoin (BTC). Meanwhile, Chainlink (LINK) and Pullix (PLX) shine as altcoin stars. LINK’s value has increased by 4.55% in just one week, while PLX has already reached Stage 5 of its presale, soaring by 75%. Some experts even foresee this presale star rising by 100x in 2024 – find out why.
Summary
Bitcoin News
Recently, ARK Invest sold its 2.25M shares from the Grayscale Bitcoin (BTC) Trust and acquired 4.32M shares of the ProShares Bitcoin Strategy ETF. In an interview with Bloomberg, Cathie Wood disclosed that this move was driven by caution rather than a shift in their perspective on Bitcoin. She claims that she is still optimistic about the future of BTC.
In terms of the Bitcoin cryptocurrency value movement, it has decreased from $43,870 on December 22 to $42,418 on December 29. However, the technical analysis of Bitcoin shows a bullish future outlook as it is now trading above its 100 and 200-day EMAs. Moreover, its Fear & Greed index rating shows a 65 (Greed) – good bullish signs.
Because of this, market analysts forecast the Bitcoin trading price to sit at $45,041 in January 2024.
Chainlink Price Prediction
Meanwhile, Ali Martinez made a bullish Chainlink (LINK) observation. In the last week alone, whales in the Chainlink ecosystem have acquired around 7M LINK tokens, valued at over $105M. This notable surge in purchases signals increasing confidence among whales in the LINK network.
The Chainlink price jumped from $15.23 on December 22 to $15.88 on December 29. Additionally, over 26 technical indicators are showing bullish signals for this altcoin.
Due to all these reasons, experts in the crypto field predict that the Chainlink price will reach $20.61 in January 2024 – making it one of the altcoins to watch.
Pullix (PLX): A Top ICO
Pullix (PLX) emerged as a new ICO that could revolutionize online trading. It is now in Stage 5 of its presale, with its value rising by 75% from its start. With 454,000 PLX tokens already sold and $2.3M raised, interest in this DeFi project is sky-high. At its core, Pullix will establish the first hybrid DeFi trading platform that combines the best aspects of CEX and DEX.
This innovative approach solves all issues that currently affect this trillion-dollar industry. For example, you will no longer have to pay high trading fees, and Pullix will implement raw spread trading and 0% commissions on trades. Furthermore, while most platforms like Binance only focus on cryptos, Pullix allows the trade of all asset classes (including cryptos, Forex, gold, etc.) in one place.
The PLX native token is the main currency used on the platform. Holding it will also bring many benefits, such as exclusive access to certain assets and reduced trading fees. The most exciting feature is its “Trade-to-Earn” model which provides PLX stakers with a percentage of Pullix’s daily revenue.
This feature enamors global investors as they are now stockpiling the PLX token. It currently costs just $0.07. However, this price point will be a distant memory as the presale advances. Experts forecast a 580% surge before its presale ends and another 100x after it hits exchanges. This price prediction looks pretty plausible thanks to its ties to the Forex market, which Baby Pips claims is the biggest, making PLX the best crypto to buy.
Conclusion
As the crypto landscape continues to evolve, the bullish sentiments expressed by Cathie Wood, coupled with the impressive price surges of Chainlink and Pullix, have caused a frenzy. But, when comparing them – Pullix stands out. It has a market cap of $14M, drastically lower than BTC’s ($830B) and LINK’s ($8.9B). To put it simply, PLX has much more potential for faster growth since there is no need for many new funds. This gives this altcoin a competitive edge.
For more information regarding Pullix’s presale see links below:
*This article was paid for. Cryptonomist did not write the article or test the platform.
