


It is essential to take a broad look at the market and listen to what people are saying. I am seeing diehard supporters of both ETH and BSC DeFi ecosystems. GREAT!
Introduction
For years I watched Bitcoin maximalists take the position that holding any other crypto other than Bitcoin is a pointless waste of time. I have always disagreed, and that stance is paying off well. I am starting to see now that my Twitter feed is a battle between DeFi maximalists, particularly between Ethereum and BSC De-Fi supporters. I think both stances are incorrect to take.
The idea that there can be only one chain to succeed in Defi goes against what I believe to be common sense market economics for starters. In a free market (this is our goal in crypto), a single monopoly is incredibly unlikely to occur. You may see a monopoly show up in highly regulated marketplaces like a public utility, but even then, better options eventually present themselves. Cable TV markets have been incredibly monopolized due to the high entry barrier, but that is now changing thanks to changing infrastructure and streaming services. Free markets and monopolies simply do not go well together.

As a test of this thesis, think of any market you can that is moderately free: tech, retail, grocery, etc. In no example that I can think of, does one entity force all other competition out of business. Instead, we tend to see large players emerge, with smaller ones continually nipping at their heels. Free market competition drives innovation in terms of products and strategy. Eventually, we see a new competitor emerge, causing real disruption in an industry.
A second point driving my belief that a single chain will not rule DeFi is that human nature simply will not allow it. People like choices and have preferences. There was a study conducted on this very point decades ago, and an author by the name of Malcolm Gladwell analyzed the significance of what it means. It sounds silly, as it is about pasta sauce, but the findings changed marketing based on consumer science. Find his Ted Talk Here: Malcolm Gladwell: Choice, Happiness and Spaghetti Sauce
Now that you have watched this Ted Talk, you will find out:
There is no perfect blockchain; there are only different kinds of blockchains that suit different investors.
Each investor will have a unique set of expectations for the blockchain they are utilizing. For some, decentralization is all that matters. For others, cost. For most, the answer is somewhere in the middle, and each user will make a personal decision about where they want to take their money.

As an investor who deeply wants crypto to succeed, I want to see a variety of choices that meet every investor’s individual preference. While ETH demagogues scoff at the centralization of BSC, they forget that ETH fees quite literally block out a segment of investors. Is this really the crypto dream? Gatekeep crypto from the smallest investors in the name of what I understand to be a toxic cult belief system?
Now BSC maximalists are not free and clear either. Decentralization matters. I want to see a BSC with more node operators. However, I do not want that at the cost of access. The cheap cost of BSC transactions is a fantastic feature that allows even the smallest investors to participate, but we need to be secure. Where is the balance? I am not sure.
From an Investor’s standpoint, I am building my positions based on this theory.
Of course, this is only a theory, but it means that I should be building my portfolio with blockchain diversification in mind. I am incredibly bullish BSC. Obviously, I am also incredibly bullish on ETH DeFi. I also like the propositions of Thorchain DeFi, and maybe we eventually see a Bitcoin DeFi ecosystem. I want a piece of all of it.

BSC has been hot. I am taking this time to rebalance into my ETH and BTC positions. I am using BSC to do this, but I am purposefully building liquidity positions with zero BNB exposure (Before you tell me that these are not “actually” ETH or BTC, I am aware, and I do not care. WBTC is not real Bitcoin, and USDT is not real dollars. We operate in a financial world full of derivatives; get over it). These are in the form of BTCB/BUSD, ETH/BUSD, and BTCB/ETH. On BSC, you can even position in UNI and YFI. I have not gotten involved in DOT yet, but I am also building healthy Rune LP positions.
Summary
It is essential to take a broad look at the market and listen to what people are saying. I am seeing diehard supporters of both ETH and BSC DeFi ecosystems. GREAT! I will invest in both as that diehard support is simply evidence to me that both will perform incredibly well. While I do enjoy taking pop shots at ETH (and arguing with Greg that BSC will flip ETH DeFi to the high heavens), the reality is that the people I’m conversing with on Twitter (or Greg) are simply a confirmation that ETH has a community that will continue to develop and grow. The same is true about BSC.
In short, don’t be a maximalist.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Shift In Buying Momentum: Investor Interest Rises In Pullix ($PLX) Over Solana (SOL) and Polkadot (DOT)

Solana (SOL) and Polkadot (DOT) have come a long way in 2023, each seeing some investor activity. However, Pillux, an upcoming DeFi platform, is looking more profitable in the long run for investors.
Solana (SOL) and Polkadot (POL) are among the top 20 cryptocurrencies by market capitalization and are two altcoins pulling the attention of investors looking to quadruple their profits. But there's another coin that is quickly becoming a top pick for investors, amassing a range of remarkable features that set the scene for it to be one of the best new cryptos to invest in as the crypto market shows more excitement. In this piece, let's find out why Pullix is gaining more interest than Solana and Polkadot.
Pullix ($PLX): Assets Diversification and Liquidity Provision Rallying Investors
Pullix ($PLX) is a highly promising cryptocurrency project set to revolutionize the trading landscape by offering a comprehensive range of assets, including commodities, ETFs, and forex, rarely found in traditional platforms. Distinguishing itself from the norm, Pullix implements a fee structure with zero commission fees and visible tight spreads, enhancing overall profitability for traders, aligning with decentralized finance (DeFi) principles.
Playing a pivotal role in resolving liquidity issues within the DeFi space, Pullix introduces a liquidity provision, allowing traders to contribute liquidity through its dedicated Market Making Liquidity Contribution feature. Additionally, investors can stake cryptocurrencies like ETH and BTC to enhance liquidity in the order book.
Another interesting feature offered by Pullix is the opportunity for traders to earn a passive monthly income through staking other cryptocurrencies for a fixed period and interest rate. This unique offering sets Pullix apart, as major players like Coinbase or Binance do not currently provide a comparable feature.
Currently trading at $0.04, Pullix positions itself as an attractive investment option for traders seeking a unified platform for seamless trading, rewards accumulation, and wealth enhancement. The $PLX, doubling as both governance token and native asset, acts as a gateway to a host of enticing features, including platform usage, exclusive access, reduced trading fees, rewards unlocking, exchangeability, and staking.
Considering its comprehensive features and a projected 100x surge in price, industry experts anticipate a growing influx of investors that may consider Pullix over Solana and Polkadot.
Solana (SOL) Sees More Bullish Sentiment But Investors Are Careful
Solana (SOL) has seen a surprising price surge to $61 since the start of the year when it traded for $9. However, Solana (SOL) has not maintained this upswing. It is currently worth $61, compared to a high price of $66 on December 6, 2023.
In addition to its surge, SOL caught the crypto market's eyes with its total value locked (TVL) on Solana rising to around $670 million on December 5, according to DefiLlama. This last occurred in November 2022.
Sentiment around the Solana coin is bullish, with analysts saying it could witness an upward climb. InvestAnswers, a prominent crypto analyst, predicts that Solana (SOL) might capture 10% of Ethereum’s market capitalization in the next bull market.
If the Solana price sustains above its current price, the altcoin will continue its climb. Regardless, investors are aware that SOL has been trading under bearish for a week and are being careful. However, the price continues to trade above the pivotal support.
Polkadot (POL) Witnesses 7 Day High Of above 6%, a 10.23% Increase
Polkadot (POL), a layer 0 blockchain focused on interoperability and scalability, rose 10.23% to $6.13 on December 6, after seven days of trading above the $5 mark.
Between November 1 and November 30, Polkadot price (DOT) surged 16% from $4.45 to $5.16. Moreover, between November 23 and November 30, Polkadot (DOT) gained 7% as its price moved from $5.21 to $5.56.
Investors still hold a 41% bearish sentiment for the Polkadot coin, according to experts at Changelly. The coin was outperformed by 60% of the top 100 cryptocurrency assets in one year.
Nevertheless, many analysts hold that the project still possesses potential. They predicted Polkadot (DOT) might reach $7 in December 2023, but some investors aren't entirely keen. This may have contributed to the rise of investors flocking to Pullix as it has a great potential of witnessing a price and value surge once it launches in 2024.
For more information regarding Pullix’s presale, see links below:
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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