It has been an interesting week so far in the cryptocurrency space. With portfolios in the green, it is a good time to be in crypto.
This post will explore the most notable and exciting developments in the crypto scene, covering Injective (INJ), Dogecoin (DOGE), and Pullix (PLX). Let’s get started.
Injective (INJ): $50 Before the Year Comes to an End?
Injective (INJ) momentum continues, liquidating late shorts. The movement of the cryptocurrency market coupled with the anticipation of Bitcoin’s halving has some believing it is greared for a great 2024, however this is just speculation and nothing is set in stone.
At the time of writing, the Injective protocol price recently soared past $40 and is now trading around $42. With token holders optimistic, a Web3 influencer on X (formerly Twitter) made a forecast about the Injective token price for the end of the year.
Brimming with excitement, their Injective Protocol price prediction for 2023 is $50. With days left before the year comes to an end, it remains to be seen if INJ will hit this level.
Pullix (PLX): Nearing $1 Million in Fundraising
Pullix (PLX) is a new ICO creating quite a buzz. Its unique contribution to the crypto scene, particularly the DeFi space, will be a hybrid trading platform. It will combine the best features of centralized and decentralized exchanges and offer the best trading experience for users.
One of the problems Pullix aims to solve in the trading world involves liquidity. Hence, by standing at the intersection of CEX and DEX, it will provide deep liquidity and the security associated with centralized exchange.
To bolster liquidity, Pullix will partner with institutional liquidity providers—tier-1 banks. Other features like staking, community governance, yield farming, copy trading, swaps, and trade-to-earn further make it stand out.
The above has contributed to the surge in presale participation, with almost $1 million raised in early funding.The ICO is in its fourth stage after powering through stage 3, currently the token costs just $0.046.Currently charging through stage 4 of it’s presale, Pullix continues to gain attraction and momentum through investors in the crypto space.
Dogecoin (DOGE): Co-Founder Addresses Toke Rumor
Dogecoin (DOGE) stands out for its leading status in the meme ecosystem as well as the wider crypto market.That isn’t to say Dogecoin lacks upside potential, just a change in market sentiment.
The latest Dogecoin news involves co-founder Billy Markus, known as Shibetoshi Nakamoto in the crypto community, and X (formerly Twitter). In response to a claim made by a crypto enthusiast, he reiterated his non-involvement in the relaunch of a token abandoned since 2013.
The Dogecoin price today is trading around the bear zone. With the price entering and re-entering the $0.1 zone, investors are anticipating when this resistance will be flipped into support.
Conclusion
Injective recently crossed $40 and has its sights set on $50, according to a crypto enthusiast. Additionally, Dogecoin co-founder Billy Markus addresses rumors about his involvement in a newly revived token, stating that they are misleading. Meanwhile, Pullix, a new trading-inspired token, is nearing $1 million in raised funds.
For more information regarding Pullix’s presale see links below: Pullix Website | Pullix Communities
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