Price Predictions

Pulsex Coin Price Prediction – How High Will Pulsex Go?

5 Mins read

Welcome to bulliscoming Pulsex Price Prediction.

In case you hadn’t heard, PulseX ($PLSX) is the latest project in the Richard Heart ecosystem. Not content with inventing the highest performing asset of all time – $HEX – and an audacious fork of Ethereum – PulseChain – Mr. Heart is now launching a decentralized exchange (“DEX”) with a difference.

Recently, the PulseX sacrifice phase opened up for contributions. And with the release of some juicy details about the DEX’s mechanics, many have begun wondering just how high the project’s native token can go and you can already see many threads about Pulsex price prediction on Reddit.

In this speculative article, we throw our hat into the ring in what we hope is a balanced and informed way.

Currently, the second version of the PulseChain Testnet is live with validator rotation, registration, and staking. You can connect MetaMask now to view a copy of all of your ERC20 Tokens.

To connect to the Testnet open MetaMask and click the Networks dropdown. Select “Custom Network”. Now enter the following information:
Network Name:
PulseChain Testnet

New RPC URL:
https://rpc.v2.testnet.pulsechain.com

Chain ID:
940

Currency Symbol:
tPLS

Block Explorer URL:
https://scan.v2.testnet.pulsechain.com
You must manually add your ERC20s for them to show. The snapshot for the balances for this testnet was a couple of months ago.

Get free tPLS (worthless Testnet Pulse) at the official Faucet, stake them to earn yield, and swap between PLS and PRC20s on the PulseChain Uniswap frontend. You can see all of the Testnet activity on the Testnet Block Explorer.

You will be able to swap PLSX (the native Token of PulseX.com) into PLS before the bridges open, possibly at quite a good rate. You can sacrifice right now for PulseX and you might get free PLSX airdropped which you could swap for PLS as soon as the PulseChain mainnet goes live.

Pulsex Coin Price Prediction

We don’t know. No one does. But we think it’s possible that PulseX could outperform SushiSwap.

Now, no one can predict the future and that’s the same with PulseX price prediction. all we can do is look to the past and create models. Just remember, “all models are wrong, but some models are useful.”

Pulsex is a DEX just like Uniswap, SushiSwap, and PancakeSwap. For more info on DEXs. These protocols are launched and operated in different contexts, but they are our closest comparators. So how did their tokens perform?

According to the UNI-USD (Gemini) chart, the Uniswap token hit a low of $1.78 on 16 November 2020, and a high of 45.16 on 3 May 2021. If you had bought the low and sold the high, you’d be sitting on a gain of 2,482% or nearly a 25x increase in value.

PancakeSwap (CAKE-USDT, Binance) increased from $8.29 to $44.33 in 2021, representing a gain of 434%, or a 4.3x gain.

SushiSwap is another similar protocol. On the SUSHI-USDT (Binance) chart, we see it falling to a low of $0.485 and rising to a high of $23.46. This represents a whopping 47x gain in value!

In our opinion, PulseX has the potential to outperform Uniswap, CAKE, and SushiSwap because it will operate in a different context and has different tokenomics.

Pulsex Coin Tokenomics

Inflation vs Deflation

DEXs generally reward Liquidity Providers (“LPs”) with fees and native tokens. In the case of CAKE and SUSHI, the reward tokens are inflationary, meaning that their supply continually increases.

By contrast, PLSX never inflates. In fact, as we will see below, the supply of PLSX will actually decrease over time.

When supply stays the same or goes down, the price of the asset is primed to increase (if we assume stable or increasing demand). For this reason, we think that PLSX is placed well to outperform the aforementioned DEX tokens.

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Buy and Burn

One highly unique feature of PulseX is the “buy and burn” function. To understand this let’s juxtapose it with the SushiSwap protocol. In SushiSwap, the protocol takes a 0.3% fee on every trade. 0.25% of this is given to LPs to reward them. But the remaining 0.05% is used to buy up SUSHI tokens on the market. That’s right – the protocol actually buys SUSHI tokens, contributing to token demand. However, those SUSHI tokens are then distributed to existing SUSHI holders, who could sell or hold them.

PulseX is different. Not only is it going to buy up PLSX tokens in the same way that SushiSwap does, but it’s also actually going to burn them! In other words, the protocol will not only add demand to the native token, but it will also reduce supply. Think of it like someone buying up Picasso paintings and destroying them. Yes, that would be very sad – but what would it do to the remaining Picassos? It would make them even rare, and so it would likely help to make them even more valuable.

These, in our opinion, are very bullish tokenomics.

Dumping vs Hodling

There are some other factors we need to consider too, but they are very difficult to quantify. The most important factor is whether people are, on balance, going to sell or HODL the native token. It is very difficult to assess what the time preference of the sacrifice set will be. Some investors are looking for quick gains; some will look to swap their PLSX token for PLS ($PulseChain) token, and others are looking for gradual and hopefully higher appreciation over time. Indeed, the same person could allocate a percentage of their bag for quick and dirty gains, but commit the rest for longer-term holding.

We don’t think anyone truly knows what the overall sentiment and ambitions are of the sacrificers as a whole. Indeed, it could take just one or two whales to dump the price in any project – you simply cannot know whether or when this would happen for any particular token.

What we do know is that, so far, around $300 million dollars of value have been sacrificed for the PulseX protocol in just a few days. This is a serious testament to the confidence people have in the Richard Heart and the project in general.

Project Features

We like the fact that PulseX is going to be launching on a brand-new chain with unique features. It has the potential to be one of the largest yield farms in history because every ERC20 is being replicated on the PulseChain and handed to holders for free. If they so choose, they could bridge those ERC20s over and pair them with their corresponding PRC20s in PulseX. We think that this play, which has been discussed by many in the HEX community, is likely to come to fruition for a number of coins, notably HEX.

We also like the fact that the PulseX DEX is going to have so much liquidity, which the PulseChain “fixer bot” will ensure. This makes it likely to be the most liquid and most used exchange on PulseChain. In addition, it will have super low transaction fees, making it a dream to use for traders of all sizes.

Conclusion

In truth, it has been difficult for us to find any bearish features relating to PulseX. The tokenomics have been very well thought out, and it seems that it’s specifically designed to pump in price. That fact, combined with the overwhelming confidence people have shown thus far makes us think that it could outperform UNI, CAKE, and SUSHI in its first year.

If we assume that the macroeconomic picture is going to remain relatively stable and similar, we don’t see why PulseX can’t outperform similar DEXs in its first year. We could be wildly wrong, of course. But that’s our best guess. We wish you luck on your journey.

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About author
Johnmiracle Ejikeme is a 7 Figure digital network marketer, crypto enthusiast, and a trader. A humble fellow that fancy investing and technology.
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