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New projects always come with some hype, as analysts and investors consider whether they are worth it or not. Projects like Tether (USDT) and Solana (SOL) have come up and provided value in the past, motivating even more blockchain-based projects today.
Our analysis concerns itself with Pushd (PUSHD) which is attempting to break into and take over the global ecommerce industry. We find out what it promises for users of popular marketplaces like Amazon and eBay. We will look at Tether (USDT) and Solana (SOL) to reveal how they perform in today’s market and why investors in these tokens may be switching to Pushd (PUSHD).
Tether (USDT) battles UN Report
The stablecoin recently came under scrutiny after a UN report stated that Tether (USDT) was the preferred option for many illicit activities, particularly in East Asia. Tether (USDT) disputes these claims and says it has remained very cooperative with law enforcement. As a stablecoin, Tether (USDT) rarely sees much movement, but the report could dissuade investors, or perhaps attract investors of a different kind.
Solana (SOL) could take off soon
Analysts are once again excited about Solana (SOL) as the coin starts to show positive signs. Following its rocky start to 2024 that has seen it fluctuate around $90-$100, analysts are speculating Solana (SOL) could see a significant rise. Solana (SOL) appears to be on a slow climb towards $100, with the expectation that this momentum will be sustained.
The 24-hour high of $102 per Solana (SOL), and 1% gain compared to yesterday fuels this positive prediction.
First web3 marketplace, Pushd (PUSHD), to have competitive advantage
The global ecommerce industry is reportedly worth over $6 trillion, with big players like Amazon dominating it. Pushd (PUSHD) is a project that challenges this dominance and aims to improve on traditional marketplaces by introducing blockchain technology into the industry. The soon-to-be launched project stands out as it leverages blockchain technology to address many issues that affect users in traditional marketplaces.
A notable example of this is Pushd (PUSHD) does not have KYC-related delays which often frustrate users on platforms like Amazon and eBay. Users can also send and receive funds instantly on Pushd (PUSHD) unlike other marketplaces which often have 3-5 day delays. Pushd (PUSHD) will also allow users to pay with a variety of cryptos and exchange their tokens on the platform without charge.
Besides users, investors have a lot to benefit from Pushd (PUSHD). Token holders will gain governance rights over Pushd (PUSHD). Presale investors also get a percentage of fees collected on the platform relative to their holdings.
At $0.06 per unit, Pushd (PUSHD) is a relatively inexpensive asset with enormous growth potential. Through its utility to users and large benefits for investors, Pushd (PUSHD) is positioned to be a blue-chip crypto in a matter of time. Experienced investors are rushing to Pushd (PUSHD), and we think they’re on the right track.
Find out more about the Pushd presale at their official website.
*This article was paid for. Cryptonomist did not write the article or test the platform.