Pushd (PUSHD) Pre-Sale Acquires New Users as Ethereum (ETH), Bitcoin (BTC) Caps Set Local Highs – U.Today
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Cryptocurrencies have been prone to fluctuations which have varying effects on investments. Veteran traders pay attention to market data and watch the analysis to step in at the right moment and back the right assets. This analysis goes into the latest market trends around two of the biggest coins in the crypto market, Ethereum (ETH) and Bitcoin (BTC).
We will also take a look at Pushd (PUSHD), a newcomer that is bringing decentralization to global e-commerce and online marketplaces.
Supporters of Pushd (PUSHD) can take part in pre-sale and buy tokens here.
The second biggest crypto in terms of market capitalization, Ethereum (ETH) is a popular decentralized asset for many traders. The network has an expansive number of use cases including for smart contracts and DeFi. Its blockchain also serves as the base for many other networks and tokens.
Yet, keen observers would notice that Ethereum (ETH) has dropped by around 5.61% in the last 24 hours, and around 6.26% in the last 7 days. It has also seen a significant decrease in trading volume in that period. Analysts have attributed this trend to several factors including a period of short-term profit-taking and price movements of other assets.
Bitcoin (BTC) is considered the pioneer of cryptocurrencies and has the highest market cap of any digital asset. However, it is still not immune to the volatility in the market. The value of 1 Bitcoin BTC declined by 4.46% in the past day, liquidating some $500 million worth of positions.
This was following a report by Matrixport, a financial services company, that predicted that the SEC would reject Bitcoin (BTC) Spot ETF proposals. While some experts argue that this reversal in value is not connected to the report, it seems to have affected confidence in the asset. Other analysts believe technical price metrics are instead responsible for the drop in value.
The innovative project promising to revolutionize how online marketplaces work through blockchain technology, Pushd (PUSHD), has recorded an important milestone. Pushd (PUSHD) saw over 5,000 new users register for its presale in just five days. This represents a growing confidence in the world’s first decentralized online marketplace.
Key features like the absence of KYC verification and its associated delays continue to make Pushd (PUSHD) stand out, on top of its lower fees and faster transactions. It also has a unique rewards program, allowing users and investors to benefit in many ways, including for completing milestones. Coins can also be swapped quickly and with no extra cost, a feature unique to Pushd (PUSHD).
For more information about the Pushd (PUSHD) Presale, visit their website.
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Disclaimer: The opinions expressed here are not investment advice; they are provided for informational purposes only. The opinions expressed by our writers are their own and do not represent the views of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. We do not recommend investing money you cannot afford to lose.