Wednesday, 28 February 2024

Crypto News

XRP whales trigger surge as new online trading platform token presale gathers steam

As XRP price moves into a bear market, is it safe to buy the dip?

  • XRP price surges 1.17% on whale transactions, hitting $0.6168.
  • Pullix’s PLX token presale raises $1M+, 58% sold, priced at $0.044.
  • Pullix offers “Trade-to-Earn,” governance, and revenue-sharing.

XRP price has surged considerably following massive whale transactions, while the presale of the upcoming online trading platform Pullix expected to launch in January 2024 quickly sells out. The presale is in the third stage and already 58% sold out raising over $1 million in a matter of weeks.

Below is a closer look at Ripple’s XRP token especially now that whales are making significant transactions in anticipation of 2024 market dynamics. We shall also delve into the evolving narrative around Pullix’s innovative approach to online trading.

XRP price surges amidst whale transfers

XRP, a prominent cryptocurrency backed by Ripple, witnessed substantial price movements as 182.6 million XRP was shuffled across wallets.

Notably, four transactions involved transfers to major centralized exchanges, including Bitstamp, Bitso, and Bybit. An intriguing development was the transfer of 120 million XRP from Ripple to an unknown wallet.

The market responded with a 1.17% surge in XRP’s price, currently standing at $0.6168. Analysts, such as Cryptoes, point to the potential for further gains as long as XRP maintains its position above a crucial support level.

Pullix’s innovative approach to online trading

As XRP makes waves for the large whale transactions, another cryptocurrency associated with the much anticipated online trading platform Pullix, which is a hybrid crypto trading and investment exchange, is currently in Stage 3 of its PLX token presale. With 41.9% of the 7,260,907 total tokens already sold, the presale has raised…

Click Here to Read the Full Original Article at CoinJournal: Latest Bitcoin, Ethereum & Crypto News…