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Pulsex

PulseChain Unveiled: Scalability, Speed, & its Strategic Rise PulseChain is an Ethereum fork, aimed at addressing some of Ethereum's limitations like scalability and transaction fees. PulseChain was created by Richard Heart, who is also known for founding the HEX cryptocurrency. After years of anticipation, PulseChain's mainnet went live in May 2023. It was accompanied by significant community interest and a substantial airdrop. Key Features: Ethereum Compatibility: PulseChain is a full-state hard fork of Ethereum, meaning it replicates the entire state of Ethereum's blockchain, including all transactions, accounts, and smart contracts at the time of the fork. Proof of Stake (PoS): Unlike Ethereum's previous Proof of Work (PoW) system at the time PulseChain was conceived, PulseChain uses a PoS consensus mechanism, which is more energy-efficient. Lower Transaction Fees: One of the primary goals of PulseChain is to offer lower transaction fees compared to Ethereum, aiming to make it more accessible for users and developers. Faster Block Times: PulseChain boasts faster block times (initially aiming for 10 seconds, later adjusted to 3 seconds) than Ethereum, which was intended to improve transaction speeds. PLS Token: The native token of PulseChain is PLS, which is used for transaction fees, staking, and governance within the network. PLS tokens were distributed through a "sacrifice" phase where users donated various cryptocurrencies to receive PLS. WPLS Token: The wrapped version of Pulse on PulseChain, known as Wrapped Pulse (WPLS), is a token that allows the native PulseChain token, PLS, to be used on decentralized exchanges (DEXs) and other platforms where native PLS might not be directly supported. This mechanism essentially extends the use of PLS beyond PulseChain's native network, enhancing its utility and reach across different blockchain ecosystems. Use Cases and Ecosystem: PulseX: PulseChain launched with its own decentralized exchange (DEX) called PulseX, similar to Uniswap, which allows token swaps on the PulseChain network. Airdrops: The launch strategy included one of the largest airdrops in history, aiming to duplicate Ethereum-based tokens and NFTs on PulseChain, offering instant utility. Validators: Users can stake PLS to become validators or delegate their stake to validators, securing the network and earning rewards. Purpose: WPLS enables PLS to be traded or used in environments that require ERC-20 or similar token standards for compatibility, like certain DEXs on Ethereum or other blockchains. Trading: WPLS can be bought, sold, and traded on exchanges, providing liquidity for PLS in different ecosystems. Bridging: Users can bridge PLS from PulseChain to Ethereum (or vice versa) by converting it to WPLS, effectively allowing PLS to interact with Ethereum's ecosystem. Availability: WPLS can be found on platforms like PulseX, PulseX V2, and other DEXs, with trading pairs against other cryptocurrencies such as Ether (ETH) or stablecoins. DeFi: Apart from trading, WPLS can be used for yield farming, staking, or any DeFi application where PLS might not be natively supported. Technical Analysis: Presently, WPLS suggests a potential double bottom chart pattern. A double bottom formation is a chart pattern used in technical analysis that signals a potential bullish reversal after a downtrend. Pattern Formation: It consists of two distinct troughs or lows at roughly the same price level, resembling the letter "W". The price drops to a support level, rebounds, then drops back to the same support level before finally rising again. Support and Resistance: Between the two lows, there's a peak which forms a resistance level. The confirmation of the pattern occurs when the price breaks above this resistance. Bullish Signal: The pattern indicates that sellers have tried to push the price down but failed twice at the same level, suggesting that buying pressure is starting to overcome selling pressure. Volume: Ideally, volume decreases on the second bottom and increases significantly on the breakout above the resistance, confirming the reversal. Trading: Traders might enter long positions when the price breaks above the resistance, setting stop losses below the double bottom to manage risk. The price target can often be estimated by measuring the height from the support to resistance and projecting that distance upward from the breakout point. In essence, a double bottom pattern suggests that after testing a support level twice, the market might be ready to move upwards, indicating a shift from a bearish to a bullish trend. Additionally, WPLS has reentered one of the most critical levels of the broader Fibonacci retracement tool, the 61.8% level or the Golden Ratio. Golden Ratio: The 61.8% level is derived from the Golden Ratio, which is approximately 1.618 or its inverse, 0.618. This ratio is found in nature, art, and architecture, and in financial markets, it's believed to represent a natural balance point. Support and Resistance: In market analysis, this level often acts as a significant support or resistance. If a price retraces to this level during an uptrend, it might be seen as a buying opportunity, suggesting the previous trend might resume. Conversely, in a downtrend, reaching this level might indicate a potential last chance for selling before a possible reversal. Psychological Impact: Traders worldwide use Fibonacci levels, creating a self-fulfilling prophecy where many traders watch and act on the same levels, enhancing their significance due to collective market psychology. Confirmation: A price reaction (bounce or rejection) at the 61.8% level can confirm the validity of the previous trend. If the price doesn't respect this level, it might signal a weakening of the trend or a deeper correction. Risk Management: Traders often use the 61.8% retracement as a point to set stop-loss orders or to adjust their risk management strategies, knowing it's a level where the market might react strongly. The 61.8% Fibonacci retracement level is pivotal in technical analysis because it aligns with the Golden Ratio, acts as a key support/resistance point, influences trader behavior due to its widespread use, and can provide insights into potential market turns or continuations. However, like all technical tools, its effectiveness should be combined with other forms of analysis for more reliable trading decisions. TLDR: PulseChain, represents a notable attempt to address Ethereum's scalability and transaction fee issues through its full-state hard fork approach, offering lower fees and faster block times. Its native token, PLS, along with its wrapped version, WPLS, extends functionality across different blockchain ecosystems, enhancing its utility for trading, yield farming, and staking. The recent technical analysis indicates that WPLS might be forming a double bottom pattern, suggesting a potential bullish reversal if the price breaks above the resistance formed by the pattern's peak. Furthermore, WPLS's reentry at the 61.8% Fibonacci retracement level, known as the Golden Ratio, adds another layer of significance, potentially acting as a critical support or resistance point. This confluence of technical indicators points towards a pivotal moment for WPLS, where the market could see either a resumption of the prior uptrend or a deeper correction if the levels are not respected. However, while these patterns and levels provide valuable insights, they should be approached with caution, ideally in conjunction with broader market analysis, due to the volatile nature of cryptocurrency markets. The success of PulseChain and WPLS will ultimately depend on ongoing network performance, community support, and the broader acceptance within the DeFi ecosystem.
Long
by TheCryptoForecaster
2
Could PULSEX do a 12X from here?That is the Logarithmic cup and handle target The current price is also around about the rate after bonuses that supporters of free speech and movement :) received with bonus amplifiers if they were in a large pool --- roughly I don't know the details So it makes sense that numbers slightly above a 10X is where Pulsex may struggle, to get much beyond. Lets see how this plays out good luck in your speculations. #PLSX #PLS #HEX #RichardHeart #SEC
PLong
by BallaJi
Fake Elon Tweet to Pump Hex?Pulse chain launch was an obvious buy the rumor sell the news event for hex as it clearly began to plumett within mintues of launch. Personally I am far from a hex maxi and find little to no use for it. At the end of the day it has a chart, community of supporters, and past explosive style price action. At this point it is CLEARLY not a scam there is just little to no need for it in the real world like many other coins. Extremely HIGH RISK / Reward environment. Currently there is a tweet from elon musk responding to a statement metioning a "hexidecimal" where elon responds jokingly with "I have a fondness for Hex". Clearly a joke statement mimiking another three letter word spelled nearly the same. Regarless Richard Heart was able to swoop in an take advantage with a response of thank you sparking a retweet frenzy as though elon was tweeing in support of it. Congrats hexicans lol. Looking at a 4hr line chart it appears to be forming a possible cup and handle with very large swing trade ranges. Not trading advice just an observaton. Trade accordingly if you choose.
by Degen-Dynasty
Pre Pulse Chain Pump? HEXPulse chain has been in the making for a long time and once again Richard Heart is indicating launch will be very very soon. Specifically any time in the next 6 days. As soon as the announcement came out we already seen a nice little pump that retraced quite quickly. There seems to be a battle between holding tokens as the market sells off to get the pulse chain copy or sell them and get stuck with a copy of eth or stable coins that will be literally worthless at launch. The idea of the world’s largest airdrop is a nice marketing gimmick but be real be honest your free copies are literally worthless unless there is a community to bring in real liquidity to support them and they most likely won’t. Hex is probably the only exception to this. Because hex is really the only coin worth seeking a copy of on pulse chain it will most likely pump anytime from now until launch. With that said as someone who is not a HEX or Richard Heart hater it would be intellectually dishonest to not call this what it is; A Buy the rumor sell the news event. Will hex completely collapse I don't believe so but if we see a massive pump pre pulse chain launch ask yourself why are they buying? Are thy buying because they all of the sudden flipped bullish on hex long term. Don't be stupid. If they buy it is for the free copy and will sell as soon as they know the snap shot for the copies has been taken. Our pulse chain strategy is simple. We did not sacrifice for the project and have no plans of buying pls with new funds at launch because it will probably sell off first. Rather we have been dollar cost averaging HEAVILY into hex for months in anticipation of what is about to occur. Hex is already up massively, when the main net for pulse goes live we will be selling at least 75% of our holdings on both the ETH and PLS chain IMMEDIATELY. 25% left behind for a moon bag or serious sell off and better prices. On the ETH side profits from hex will get rolled into another distressed but solid growth project and our hopeful short term hex target is 0.21 On the Pulse side things get a lot more complex but in spite of what the you tube pundits say ETH has been forked full system state before when ETH POW launched and it was a good experience to see what can happen. Pulse will be different as far as volume goes because it is a planned launched with lots of support but technically it is the same. There will be a bunch of literally valueless tokens and the only lucrative play will be to take any free ERC-20 copies you received and roll them into hex or pls with NO IDEA what either will be worth 5 minutes later What did we learn from ETH POW launch? The sooner you sell them worthless ERC -20 copies the better and the listed dollar value is meaningless it is all ratio trading. Our main goal is to acquire as much pls and plsx as possible but when to buy will be very very tricky. We have simplified our approach. BE READY FOR LAUNCH ANY TIME. As soon as word is received we will be instantly dumping everything and going straight to hex. Hopefully others do the same and the price of pulse based hex will pump like crazy and provide time for people to dump the free pls they are receiving for sacrificing. Then we will roll the hex into pls.
HLong
by Degen-Dynasty
2
#PULSECHAIN LAUNCH ... I believe Mainnet can ONLY Launch once #HEX clears the Pulsechain sacrifice zone price. and is in the #PULSEX range of prices that were sacrificed. This is also the most beneficial in terms of Bitcoin cycles #BTC should have entered the area around $35k by then (at which it point may have a correction of 20% - always part of the game) But that would have brought back in many people who would have left the space during the bear market. It would lead us into the bitcoin halving in the spring of 24 So mainnet could be around Halloween! So don't despair, at any further delays.... part of RH's plan. Richard is aiming to have the best possible price action in all of his coins. 1 year of shilling and 1 year of euphoric price action to take is into to the 2025 top.
HLong
by BallaJi
7
HEX long term price forecast- Now we're getting more data, I feel this is the likely scenario we could be seeing in the coming months. C wave low between 0.08 to 0.09c possibly in the next weekly candle between march 7 to march 14 - Longterm price targets based on waves 1 to 3 - between 7.80 to 17.90 - about 100 to 200x from the bottom 0.085c. if the ABC correction plays out and we chop through the ATH, this will be even more likely to play out!!! Hope this helps, and I'm definitely buying stronger between 0.08-0.10 if we get there, probably another 20%, moving my portfolio from other BTC correlated coins.
Long
by Cos14b
HEX 3 day chart...MOONSHOTHEX 3 day chart looking Phenomenal. Continues to stay in the bullish channel for over 2 years. HUGE things for this token including the launch of PULSECHAIN and PULSEX. HEX needs to bust thru the Hull Suite Indicator and make the next leg up. Im sticking to my chart and with the fundementals, I see HEX hitting all time highs within the next 3-4 weeks. too much amazing things happening with this eco-system. Check out the chart for more details of the notes about this chart
Long
by bylerzone
5
HEX: Many buy opportunitiesThere are many factors that need to be kept in mind when thinking of hex. It is the most overlooked and best performing crypto asset available on the market. 3 things to consider: pulsechain, pulseX, pulseX sac phase. Pulsechain: when pulse is release everyone will get a copy of their coins that are on the ethereum network and in a private wallet (like Meta Mask), NOT EXCHANGE. Pulsechain is essentially a far superior ethereum network that will be much cleaner, Much FASTER, and much CHEAPER. Gas fees will be dirt cheap compared to ETH. When you buy hex, you are essentially buy two coins as you will get a copy on pulsechain. PulseX: pulseX is coming out the same time as pulsechain and right now we are in a sac phase. Because of that the price of hex is going down. Historically, it did the same thing with the pulsechain sac phase then mooned once sac phase was over. I think the same thing will happen when plsx sac phase is over. Don’t sleep on HEX. Not financial advise.
Long
by Chivalry21