Bitcoin price has spiked past $59k to see bulls target $60k. Pullix is seeing huge demand as it unveils a PLX bonus round. The price of Pullix could explode when the token lists for trading on Uniswap and BitMart in coming days.

The last 24 hours have seen the global cryptocurrency market cap rise a further 3.4% to hit $2.31 trillion, with Bitcoin (BTC) breaking above $59,000 amid signals of a parabolic run.

As the crypto market experiences fresh upside momentum, investors eyeing the potential windfall of returns from rallying altcoins have turned their attention to Pullix (PLX). The hybrid exchange platform has announced a bonus presale round after astronomical demand followed the initial close of PLX token sale.

A 5% spike in the price of Bitcoin pushed the benchmark cryptocurrency’s price to highs of $59,500 on Wednesday morning. The result was the bellwether’s market cap hitting $1.16 trillion, and the global crypto market cap rising to over $2.31 trillion.

With BTC price eyeing another leg above $59,000 – likely targeting the $60,000 level as support – analysts are suggesting the next major hurdle will be the all-time high reached in 2021.  The frenzy that has engulfed the spot Bitcoin ETF market and the coming halving are seen as key bullish catalysts.

While potential pullback scenarios are likely to crop up amid profit taking, the wash out of weak hands might fuel the next vertical move. Retail not being fully at the helm of the current momentum suggests the run to a new ATH in 2024 will be massive.

According to crypto analyst Michael van de Poppe, Bitcoin’s run since the lows after the FTX implosion has been remarkable. But there’s more coming – an epic bull run.

On February 27, Pullix announced it was unlocking 10 million more PLX for a bonus buy round. The platform is now offering investors a chance to grab PLX before the token lists for trading on Uniswap on March 4, 2024.

Additionally, the exchange will reveal the PLX Launch Price to the community on the same day, with BitMart listing set for March 7. Ahead of these key dates, the chance to position with what could be a breakout project in the crypto trading landscape remains open.

Investors will find it attractive that in this bonus round, the price of PLX is still the heavily discounted $0.14 per token. 

Details on the Pullix presale page show investors have already grabbed over 2.4 million of the 10 million PLX bonus sale. 

With the highly anticipated market debut coming on March 4, how is the price outlook for this token that could rally hard amid outperformances for DeFi and meme coins?

With Pullix primed to introduce its hybrid exchange model, the best of decentralized (DEX) and centralized exchange (CEX) is coming to the crypto trading space.

A solution to the DeFi problem of liquidity and a compelling platform that brings crypto, stocks and commodities to the market stand out for Pullix. 

On top of this is a non-custodial approach that means users retain full control of their assets, and a revenue-sharing model that guarantees a share of exchange revenue for traders. Other opportunities for income streams include staking and yield farming.

Combined, these aspects make the current $0.14 per PLX a massive bargain. While the listing price is yet undetermined, its likely Pullix price will explode when it launches on Uniswap and BitMart in about a week.

A bullish outlook for the broader market, particularly with Bitcoin eyeing a major run suggests PLX could be the next 100x token.

More details on how to buy are on the presale page.

The post Bitcoin breaks $59k as explosive presale puts Pullix on investors’ radar appeared first on CoinJournal.

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