Recent months have brought cheer to the investors’ community. Projects like Zilliqa (ZIL) and Ren Protocol (REN) have tried to encash their uniqueness and attract investors, but have struggled to make any significant impact on the market. On the other hand, a new project, Pullix, has gained considerable attention during its ongoing presale
Zilliqa (ZIL) Faces A Major Technical Issue
Despite the overall market sentiment being bullish, Zilliqa (ZIL) is struggling to stay afloat. The market value of Zilliqa (ZIL) has declined by 2% in the past week. Hence, the current trading price of Zilliqa (ZIL) has fallen to $0.0221.
Meanwhile, the Zilliqa (ZIL) network has suffered from a major technical issue. As per the official announcement, the Zilliqa (ZIL) network is facing problems in block production. Hence, Zilliqa (ZIL) has recommended halting all withdrawals and deposits on the network.
According to experts, any issue in block production can cause delays in transaction processing, and affect the overall functionality of the Zilliqa (ZIL) network.
Most Ren Protocol (REN) Investors Are Making Losses
The Ren Protocol (REN) community is under severe stress as the network’s profitability has sunk. The latest data from IntoTheBlock indicates that 1% of Ren Protocol (REN) investors are in profit.
Notably, the data shows that 93% of all Ren Protocol (REN) holders are suffering from losses. Meanwhile, 6% Ren Protocol (REN) investors are at a break-even point. Such a bearish trend is also visible in the price trajectory of Ren Protocol (REN).
The market value of Ren Protocol (REN) is down by 7% on the weekly price chart. Therefore, the current trading price of Ren Protocol (REN) stands at $0.0599.
Pullix Unveils Grand Presale Growth Plan
Pullix is the first community-backed crypto exchange that offers an all-in-one trading experience. The platform helps investors trade a variety of assets on a single platform. Here, users can trade gold, Forex pairs, cryptocurrencies, and shares of multinational companies like Tesla. Hence, this platform’s target market size is more than $112 trillion.
While major exchanges like Binance and Coinbase are facing lawsuits, Pullix offers a completely lawful platform. It follows all regulations and protective measures established by government authorities. The platform’s smart contracts are fully audited. Hence, it is free from any middlemen, and provides more benefits and security to traders.
To ensure smooth trading, the platform has partnered with institutional liquidity providers. Additionally, it charges zero commissions on transactions. So, it helps traders earn more profit.
Using the platform is quite easy. You can open a trading account with just your email ID. You do not need to go through any rigorous KYC procedures. Additionally, you get to deposit any cryptocurrency, including Bitcoin, Ethereum, and Dogecoin, and begin trading.
PLX is the native token of the platform. Its presale is selling out fast, with two stages already sold out. During the ongoing third stage, a PLX token costs just $0.044. However, as per analysts’ prediction, the market value of the token can skyrocket by 580% before the end of the presale phase.
After the presale round, it can go up to 100X upon launch. By owning PLX tokens, you will get several benefits on the platform.
For more information regarding Pullix’s presale see links below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.