Veröffentlicht am

XAI price prediction following the post-airdrop surge; Pullix gears up for launch

  • XAI price surges driven by an airdrop, major exchange listings, and a positive outlook.
  • Pullix, a hybrid exchange, tackles DeFi liquidity issues with a unique non-custodial approach.
  • PLX token introduces “Trade-to-Earn,” offering revenue sharing and staking rewards.

In the dynamic landscape of decentralized finance (DeFi) and blockchain-based assets, two entities are making waves: Pullix, a hybrid trading exchange, and XAI, a gaming-focused “layer-3” network operating on Arbitrum.

This article delves into the recent XAI price movements, the anticipated XAI price prediction, Pullix’s unique features and the ongoing PLX token presale.

XAI’s price surge post-airdrop

XAI, the gaming-focused token operating on Arbitrum, has experienced a remarkable surge. On January 16, within 24 hours, the token soared by over 24%, reaching a record price of $1.26. This surge follows its initial debut at $0.77, a brief dip to $0.45, and a subsequent ascent to its current value.

The price hike followed a recent airdrop that played a pivotal role in boosting XAI’s value. Distributed to holders of early Xai NFT collectibles and users with Sentry Keys for validator nodes, the airdrop enhanced community engagement.

Notably, major exchange listings, including Binance, KuCoin, CoinEx, and Crypto.com, contributed to the price rally.

XAI price prediction: anticipated fluctuations

As XAI gains momentum, projections indicate potential fluctuations. The post-airdrop surge and increasing exchange listings suggest a positive trajectory.

The anticipated price range for XAI is between $1.070 and $1.466. Achieving the upper limit could lead to a significant increase of nearly 35%, bringing XAI to $1.466.

XAI’s layer-3 architecture, emphasizing scalability and user-friendliness, positions it strategically for the expanding gaming sector. The recent surge and exchange listings indicate growing anticipation for XAI, with expectations of heightened liquidity and increased trading volumes.

Pullix: bridging the gap in hybrid trading

As XAI token makes waves within the crypto space with its tremendous price movement, a novel hybrid trading exchange called Pullix poised to bridge the gap between decentralized and centralized exchanges has emerged. The exchange is expected to officially launch before the end of January.

Addressing the liquidity problem in DeFi, Pullix offers a unique hybrid model, combining the strengths of both worlds. Notably, it ensures user security with a non-custodial approach, allowing users to retain control of their assets while benefiting from the security features of a centralized exchange.

Pullix’s approach to liquidity provision is groundbreaking. By incentivizing users to provide liquidity, the platform aims to offer better liquidity and more competitive prices. This innovative strategy may attract a wider user base and drive demand for its native PLX, currently in the presale stage.

The platform provides institutional, liquid, and slippage-free trading through an off-chain order book. Users can trade a variety of assets using margin, and advanced institutional trading tools powered by OpenAI enhance their trading potential. Pullix is set to become a one-stop solution, integrating features such as perpetual futures, CFDs, a secure vault, a lending protocol, and a DeFi and NFT Launchpad.

The PLX token presale

The PLX token stands out as the first “Trade-to-Earn” cryptocurrency in the crypto market. Token holders enjoy instant rewards for trading on the platform and participating in trading challenges. What sets PLX apart is its revenue-sharing mechanism, allowing holders to profit from the daily revenue of the exchange and earn a fixed passive income by providing liquidity to automated market makers.

With a fixed supply of 200 million, PLX has a utility-driven design. Holders can use PLX for trading credits, exclusive access, staking, and receiving rewards. The tokenomics include allocations for presale, rewards, team, exchange listings, and marketing, ensuring a balanced ecosystem.

Pullix implements a generous staking reward system for PLX holders, with a portion of daily profits allocated for token acquisition. This acquired PLX undergoes a dual allocation: 50% is burned, introducing a deflationary mechanism, while the remaining 50% contributes to rewards distribution for staked PLX holders.

To participate in the PLX token presale, you can visit the official Pullix website

Conclusion

As Pullix prepares for its launch and XAI continues its upward trajectory, the synergy between these platforms holds promise for the broader blockchain and cryptocurrency ecosystem.

With innovative features, strategic partnerships, and community-driven initiatives, Pullix and XAI represent the evolving landscape of decentralized finance and blockchain-based gaming.

The post XAI price prediction following the post-airdrop surge; Pullix gears up for launch appeared first on CoinJournal.

Veröffentlicht am

Google Bard endorses Arbitrum, Rebel Satoshi, and Filecoin as top tokens for 2024

  • Despite tokenomic issues and reliance on Ethereum, Arbitrum has the potential to be a dominant layer-2 network.
  • Filecoin continues to be the go-to decentralized file storage platform.
  • Rebel Satoshi prepares to blaze a trail as the first rebel-themed meme coin.

While most think of ‘ChatGPT’ when the AI chatbot topic arises, Google Bard is an increasingly popular name. These chatbots have many capabilities, one being to provide endorsements on top crypto coins.

The considerable names include Arbitrum (ARB), the new meme coin Rebel Satoshi ($RBLZ), and Filecoin (FIL). But which option offers the most bang for one’s buck?

Arbitrum remains an excellent Ethereum layer-2 solution

Among the best altcoins to buy for Ethereum layer-2 (L2) solutions is the relatively young Arbitrum. Users have lauded Arbitrum as being faster and cheaper than its competitors like Avalanche and Polygon.

Avalanche has performed exceedingly well when looking at the platform’s statistics. Total value locked (TVL) is the best-performing metric in this regard, a key factor for DeFi companies. Arbitrum’s TVL is worth $2.62 billion, 2.5x higher than the same time last year. 

The main concern for investors is that Arbitrum will release millions of ARB in several token unlocks over time. Finally, Arbitrum is still confronted with the same disadvantage as other L2s – a reliance on Ethereum’s activity.

Regardless, Arbitrum has potential technology and price-wise. Speaking of the latter, ARB is worth $2.24, near its yearly high of $2.42. It could surpass $3.50 by 2025, based on many forecasts.

Rebel Satoshi is next in this comparative review and may prove the best crypto investment.

Rebel Satoshi set to be the first Rebel-themed meme coin

The meme coin market is transitioning away from Dogecoin (DOGE) and Shiba Inu (SHIB) like references. Rebel Satoshi introduces the first rebel-themed meme coin inspired by Satoshi Nakamoto and Guy Fawkes. The project plans to embody its defiant spirit to take on centralized financial systems and advocate for decentralized finance. 

Aside from these revolutionary ambitions, Rebel Satoshi adheres to what is expected of other meme coins: community-building and amusement. Members will realize the power of building a tight-knit collective through virtual gatherings and interactive quests.

Rebel Satoshi plans to reach $100 million in market cap. The project is on track, judging by the presale of its utility token $RBLZ, which has raised over $1.5 million. $RBLZ offers enticing perks like passive income from staking and entry into the Rebel NFT Vault, where users trade almost 10,000 Rebel Satoshi-branded digital art characters and collectibles.

The token is worth $0.022 during the last presale stage (Monarchs Round 4), 120% higher than its price in the first round from November 2023. Thus, it’s only a matter of time before Rebel Satoshi officially launches. $RBLZ will be worth $0.025, with expectations of a value surge once it’s listed on multiple exchanges.

Finally, let’s cover Filecoin, which may suit non-alternative crypto investors.

Filecoin’s dominance in decentralized file storage networks

First-mover advantage is a powerful element when looking at the best crypto to invest in. Even with competitors like Arweave, Siacoin, and Storj, Filecoin reigns supreme. It boasts the number one market cap in decentralized file storage at $2.9 billion, 4.96x higher than Arweave. 

Competitive changes experienced by Filecoin in 2023 include Bitmain’s launch of a powerful ASIC-based mining machine and the Filstation desktop mining app. Still, the most noteworthy is the Filecoin Virtual Machine (FVM). The FVM has made Filecoin a programmable blockchain, attracting higher inflows and increasing the platform’s revenue.

Despite these positives, the regulatory status of Filecoin remains questionable, especially with the Securities and Exchange Commission flagging the project. Otherwise, Filecoin should continue to thrive. While FIL is down 25% from $8.11 (the 2024 high) to $6.06, forecasts suggest it could hit at least $15 by 2025.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

The post Google Bard endorses Arbitrum, Rebel Satoshi, and Filecoin as top tokens for 2024 appeared first on CoinJournal.

Veröffentlicht am

Bitbot presale officially launches, raises $27k in minutes

Key takeaways

  • The Bitbot presale officially launched a few hours ago, giving investors to purchase the tokens at a discount price

  • The presale has so far raised more than $25,000 within minutes. 

The cryptocurrency market has underperformed since spot Bitcoin ETFs were launched in the United States. However, the Bitbot presale has launched, granting investors an early chance to purchase the tokens at a discount. 

Bitbot’s presale commences

The cryptocurrency market has been trading sideways since the spot Bitcoin ETFs were approved a week ago. Bitcoin’s price continues to trade sub $43k, with other altcoins also underperforming.

However, trading volume in the market continues to be strong, with more investors entering the space. With that happening, the Bitbot presale officially commenced today.

Bitbot, a Telegram bot, could become a disruptive force, offering a self-custodial trading solution on Telegram. The Bitbot token presale introduces a new wave of excitement and investment opportunities.

According to the development team, Bitbot has a total supply of 1,000,000,000 tokens. The presale will be in eight stages and 30% of the total token supply will be distributed during this period. 

Furthermore, another 20% of the tokens are allocated to the Bitbot development team to fund ongoing innovation, ensuring long-term utility.

Bitbot promises to offer users a wide range of powerful features to help them grow their trading portfolios. The bot features an ultra-flexible wallet management, powered by MPC custodial API technology, making it a unique trading bot. 

Bitbot’s MPC system is far superior to the private keys that are common in the space. The MPC uses individual key shares, boosting privacy and accuracy for the users. 

The trading bot also leverages Knightsafe, its custody partner, to add an extra layer of security, thanks to its open-source and decentralized digital asset self-custody service.

Finally, Bitbot will also use part of the funds raised from the various presale stages to develop anti-MEV and anti-rug solutions for users to protect their assets.

Bitbot presale raises $27k in minutes

The Bitbot presale officially launched a few minutes ago and the project has raised more than $27,000 so far. This represents more than 10% of the funds required in the first presale stage.

The team intends to $200,000 in the first presale stage. At the moment, the BITBOT token is sold for $0.01 but is set to increase to $0.015 in the second presale stage. 

Bitbot is available on the Ethereum and BNBChain blockchains. Users can purchase the token using ETH, BNB, USDT and USDC stablecoins. To purchase the tokens, simply connect your wallet to the Bitbot official website and choose the coin you wish to use for payment. 

Is Bitbot a good investment?

The decision to invest in any cryptocurrency is solely up to the investor. The investor needs to carry out in-depth research and determine if the coin or token is worth their money.

However, Bitbot has the potential to become an excellent cryptocurrency project. As the presale launches today, it is crucial to know that Bitbot introduces an anti-MEV bot, preventing monitoring by MEV bots and anti-rug features to thwart potential scams. 

The presence of copy trading features on the trading bot also makes it an exciting tool. Users also get to enjoy a built-in referral program and sign up with ease, creating an enticing user experience.

In terms of tokenomics, Bitbot will share its tokens for various purposes, including development, marketing, and liquidity provision. If the development team achieve the $1 billion market cap set for Bitbot, early investors will rake in excellent returns on investments (ROIs). 

Finally, the upcoming $100K competition adds a layer of excitement, with Bitbot set to attract more traders to its ecosystem. 

Final thoughts

As more traders believe that the Bull Run is here, investors continue to search for gems and Bitbot could be one of the biggest investments in the market. The numbers raised so far from the presale make Bitbot an exciting prospect in the market. 

The post Bitbot presale officially launches, raises $27k in minutes appeared first on CoinJournal.

Veröffentlicht am

3 tokens watch as crypto eyes bounce: PYTH, TIA, MMTR

  • Pyth Network (PYTH) and Celestia (TIA) have seen decent traction and could rally in 2024.
  • Memeinator is blazing through its presale, currently at $3.7 million as investors eye potential meme coin gains.

While the year is having a somewhat slow start given the excitement amid the build up to the spot ETFs approvals in the US, experts continue to opine that this could be a breakout year.

This has the overall sentiment mostly bullish, with the crypto market eyeing potential tailwinds such as the upcoming Bitcoin halving and further regulatory clarity. The long term impact of inflows via ETFs is also another factor providing impetus as traders position themselves across the market.

It’s with this view that Pyth Network (PYTH) and Celestia (TIA) are seeing significant investor attention. Meanwhile, presale token Memeinator (MMTR) could present an attractive meme coin for a diversified portfolio.

Memeinator (MMTR): Presale offers opportunity

While many meme coins face market oblivion for lack of utility or outright worthlessness, the Memeinator (MMTR) comes ready and loaded for a hostile takeover. The project uses blockchain and artificial intelligence (AI) to bring a gamified ecosystem to the meme coin world.

With staking and NFTs also part of the utility on offer, the Memeinator stands out from many meme coins struggling to hold onto hype-driven gains. Its growing community, the presence of a great team, clear roadmap and tokenomics add to the overall serious outlook that Memeinator projects.

As it eyes a race to the $1 billion market cap upon its trading debut in coming months, Memeinator will destroy all weak meme tokens. Currently, the presale, which has reached stage 13 and raised over $3.7 million, offers a great opportunity for an early bid.

MMTR price is $0.0197 and will jump to $0.0208 in the next stage, before hitting $0.0292 in the last presale stage. There’s a chance this token could explode after its presale, potentially challenging Shiba Inu and Dogecoin for the top meme coin spot.

Pyth Network (PYTH): Growing oracle ecosystem

Pyth Network (PYTH) is a blockchain oracle system for real-time market data. The platform, which gained remarkable traction amid impressive airdrops and exchange listings in recent months, is quickly growing into a force in the market.

The Pyth network’s scaling capacity sees it provide over 400 price feeds, with data from blockchains, crypto exchanges and market makers among others. These providers tap into smart contracts to contribute real-time price feeds for crypto, ETFs, equities, FX pairs and commodities.

More than 90 market providers currently publish data on Pyth, including Binance, Cboe, and Jane Street.

With the growth trajectory, it’s possible the price of PYTH could rise amid other favourable market conditions. There’s an opportunity to position for these gains given PYTH reached an all-time high of $0.5487 in November 2023.

At current prices, it’s about 35% down. However, this altcoin has seen a decent upside since January 10 when it traded below $0.23.

Celestia (TIA): Specialized rollup chains

Celestia price rose sharply after its mainnet beta launch in October and when crypto exchange Binance listed the modular data network’s native token.  

The blockchain’s traction comes amid massive airdrops for its TIA tokens and increased integration as projects seek to leverage its technology for practical flexibility, interoperability and scalability. As more networks tap into Celestia’s specialized rollup chains technology, amid a boost for altcoins, TIA could be one of the top coins to watch in the coming year or so.

TIA’s all-time high is $20.16, reached just this week – on January 15, 2024. According to CoinGecko data, the current price of $18.20 is about 779% above the all-time low of $2.08 hit on October 31, 2023.

Celestia ranks 34th among largest cryptocurrencies by market cap, with $2.8 billion. It could climb the charts should the upside momentum solidify in coming months.

If you are an investor looking for an opportunity in the market, do your own due diligence on the three tokens above. For Memeinator (MMTR), you can check their presale page.

The post 3 tokens watch as crypto eyes bounce: PYTH, TIA, MMTR appeared first on CoinJournal.

Veröffentlicht am

PEPE crashes as SUI pumps 40%; GFOX headed for $5M target

2024 began with many speculations about general market performance. While the global crypto market awaited the approval of the SEC on Bitcoin ETF, another central talking point in crypto circles was the rise and fall of memecoins. 

Top on the list of memecoins that made a wave in 2023 was the $PEPE. However, the coin could not sustain its momentum of interest and price in the months that followed its launch. Another major controversy with the $PEPE was the PEPE coin 2.0. 

While investors were still trying to wrap their heads around the “imposter” new coin, memecoins like $SUI and $GFOX were announced. Both coins had promising price prospects for early holders, which they have maintained into 2024.

In this piece, we dissect the highs and lows of Pepecoin, the potentials of the new Pepe coin, and the current interest with $SUI and $GFOX. Take a look.

Latest on PEPE

Pepe Coin ($PEPE) is a memecoin built on the Ethereum blockchain that gained popularity after its launch in April 2023. Despite its volatile price, thousands of investors have purchased the coin across major crypto exchanges.

In August 2023, there were general concerns that an “undefined” amount of $PEPE tokens were inexplicably transferred from the project’s wallet to centralized exchanges. This caused a drop in the coin’s price and acceptance. In September, despite reassurances by the Pepe community about the safety of the remaining tokens, the price continued to decline. In October, a new team of advisors was announced, along with the burning of some tokens, to increase the coin’s scarcity and price.

Pepecoin appeared to be back on the right track after these major changes until the arrival of Pepe 2.0. The new Pepe coin is rumoured to have been created by blacklisted individuals from the original Pepe Coin project. Unlike the tax-free original, Pepe 2.0 imposes a 1% transaction tax for marketing, liquidity, and community development, which has naturally limited its acceptance, popularity, and price.

The roadmap of the new Pepe Coin includes vague phases of a coin launch with no plan for community partnerships or listing on Tier 1 exchanges. 

SUI’s 40% price pump

SUI token, backed by Mysten Labs, has made remarkable price progress. $SUI now ranks number 13 among all L-1 blockchains in terms of Total Value Locked (TVL), thus generating a lot of hype for its native token, resulting in its recent price surge.

This isn’t the first time $SUI has made a positive impression in the market. SUI reached its all-time high price on the 2nd of May, 2023, with a 228% increase despite the fluctuations in the macro crypto market.

As of the time of writing this report, $SUI’s price has dropped slightly in the past 24 hours to the $1.30 level, though it’s still clocked an impressive 55% increase over the past week.

While these statistics suggest that $SUI is a good investment, it’s important to know that the token has a relatively low market cap, making it highly volatile,  and notoriously poor tokenomics that caused it to crash by 70% upon its retail exchange launch. After this recent recovery, $SUI may be unable to sustain a further price rally due to large stakeholder sell pressure. Hence, investors have been rotating their profits out of $SUI to alternatives like $GFOX that have bigger upside potential and better tokenomics.

Galaxy Fox (GFOX) presale set to hit $5M

GFOX is one memecoin to watch out for in 2024. The coin has surpassed investors’ expectations in its presale, with over 95% of the stage 6 supply already sold. The project is on track to exceed $5 million in presale records by the end of January 2024, having already raised close to 50% of its target. With its growing price and low risks, analysts have speculated that $GFOX is the next big coin.

At the heart of the Galaxy Fox ecosystem lies an engaging play-to-earn game. This enchanting game is designed to entertain and reward players simultaneously, hence its global popularity. Upon its exchange platform listing, the coin is expected to be among the top 3 memescoins. This is also expected to increase $GFOX’s price by 50x its current presale price.

Final thoughts

2024 has begun on a good note for crypto investors, with the SEC ruling for the official sale and purchase of Bitcoin ETFs. Now, Investors are more optimistic about market trends and prices.

While memecoins like PEPE Coin 2.0 may cast a shadow of doubt on the performance of memecoins in 2024; coins like $SUI and $GFOX are proof that good things await early investors. $SUI has seen over a 40% price pump within the last month, and $GFOX is poised to make 50x its current presale price. With $GFOX’s community and current market cap, this is one coin every investor should consider.

To learn more about $GFOX, you can visit the Galaxy Fox Presale Website or join the Community.

The post PEPE crashes as SUI pumps 40%; GFOX headed for $5M target appeared first on CoinJournal.