Gary Gensler’s Urgent Crypto Guidance Ahead of Bitcoin ETF Deadline
The crypto world is abuzz with anticipation as the looming Bitcoin (BTC) ETF deadline draws near, prompting urgent guidance from SEC Chair Gary Gensler. Meanwhile, two standout altcoins – Solana (SOL) and Pullix (PLX) capture attention. Some analysts even foresee the PLX token (now in Stage 6 of its presale) may evolve into a 100x token in 2024. Let’s see why.
Bitcoin News
Recently, Gary Gensler shared a warning to crypto investors in a recent tweet. In his message, Gensler highlighted concerns about the lack of compliance within the DeFi market. He cautioned that investors might face a deficit in legal protection due to widespread non-compliance.
This warning came as the market was preparing for a Bitcoin ETF approval. Regarding the Bitcoin cryptocurrency movement, it has jumped from $45,590 on January 2 to $46,607 on January 9. Furthermore, sentiment around this crypto is bullish, with 26 technical indicators in the green. Market analysts predict a potential surge to $65,341 by the end of 2024.
Solana Price Prediction
Meanwhile, crypto analyst Ali Martinez made a bullish Solana (SOL) price prediction. According to his new tweet, the Solana crypto may pump to $163 if it closes above the $110 resistance level.
CoinMarketCap data shows us that the Solana price has increased from $89.49 on January 8 to $101.84 on January 9. The technical analysis for this altcoin is also bullish as it trades above its 50 and 100-day EMAs. Moreover, its Fear & Greed index rating shows a 76 (Extreme Greed). As a result, experts foresee the Solana value hitting $115 before February 2024 ends.
Pullix (PLX): The Best Crypto To Invest In
Pullix (PLX) is a new ICO that has been making headlines recently as it advanced to Stage 6 of its presale. This DeFi project has captured mass appeal since early buyers have experienced 100% ROI. With over $3.2M raised so far, investors have faith in this innovative project.
Essentially, Pullix will bring something new to online trading. You no longer need to deal with high trading fees or limited asset access. Pullix will combine the best features of CEX and DEX into one place. Therefore, you can expect deep liquidity, low trading fees, and access to all asset classes (including cryptos) on one account.
The PLX native token is the heart and soul of this platform. It will be used as the main currency for making trades. Most importantly, Pullix will have a unique revenue-sharing model in which PLX stakers receive a percentage of its daily revenue. You can stake other cryptos with Pullix for a fixed interest rate as another passive income capability.
All these benefits have helped Pullix sell over 62M PLX tokens so far. Currently, one PLX costs just $0.08 in Stage 6 of its presale. But, demand is so high that experts foresee a potential 100x price growth once this altcoin hits exchanges in Q1 of 2024. This prediction may come true thanks to its ties to the Forex market, which Baby Pips claims is the biggest in the world.
In Summary
While Bitcoin and Solana may see further growth, their high market caps of $911B and $43B may hinder their potential. To clarify, they would need a large influx of new funds to see a price increase. But, Pullix will not face this issue as its market cap now sits at $16M. Thus, PLX is the best crypto to buy for quick and big gains.
For more information regarding Pullix’s presale see links below:
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