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Cryptocurrency prices have embarked on a new bull run after Bitcoin made a strong bullish breakout on Thursday. BTC now sits above $46,000 and there are hopes that it will get to the YTD high of $49,000. This rally has triggered a major comeback in the altcoin market, with the top performers being THORChain (RUNE), Dymension (DYM), and Bonk. In the meantime, Pullix has raised over $5 million in its presale, which you can find here.

BONK vs THORChain vs BONK

One of the biggest news in the crypto market is that Pullix, an upcoming hybrid exchange is raising millions of dollars from global investors. The developers have sold over 4.8 million PLX tokens since the token sale started a few months ago.

For starters, Pullix is an upcoming crypto exchange that aims to solve some of the biggest challenges in the industry. While the industry is now saturated with many DEX and CEX companies, Pullix believes that there is room for unique exchanges.

Its goal is to create a hybrid exchange that brings the features of centralized and decentralized exchanges. The end product will be an exchange that has lower fees than the existing ones. It will also have more liquidity and reduced slippage.

Pullix will also have additional features, including the use of PLX, a token that will allow holders to make passive income by just holding it. Also, it will have trading discounts and rewards for the token holders. 

Meanwhile, popular cryptocurrencies like RUNE, Dymension, and Bonk are leading the ongoing crypto rally. RUNE, the token of the THORChain ecosystem, jumped to a high of $5.5, its highest point since January 24th. It has spiked by more than 45% from its lowest point in January. This rally as on-chain data showed that the number of swap transactions in the ecosystem has jumped sharply in the past few months. The number of RUNE addresses has risen to almost 100k.

Dymension’s DYM was another top-performing cryptocurrency this week as the developers launched the mainnet. The token surged to a record high of $8.5, bringing the total market cap to over $1.2 billion, making it one of the biggest cryptocurrencies in the market. Dymension is a blockchain project that aims to create a unique standard for rollups.

Bonk, on the other hand, has made a strong bullish breakout as hopes that a bull run will happen. The token jumped to a high of $0.000012, its highest point since January 31st. This rebound is a welcome move for a meme coin that has been in a deep bear market after crashing by over 67% from its highest point this year.

The post THORChain, Dymension, Bonk jump as Pullix presale thrives appeared first on Invezz

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