Litecoin (LTC) and Stellar (XLM) are two of the most popular names in the crypto market. Both altcoins have built a massive user base over the last decade. However, these altcoins have failed to keep up with the fast-paced crypto sector.
Many investors are considering other options as a result of their rising dissatisfaction with their slow growth in 2023. Pushd (PUSHD) is one project that has emerged. Let’s see what this new presale gem has to offer.
Pushd (PUSHD) Attracts Investors With Unique Platform
E-commerce is a fast-growing industry and it’s expected to be worth $6 trillion in 2024. Pushd (PUSHD) is not only bringing this massive industry to the crypto world but it wants to solve some big issues in that field. To fix these issues, Pushd (PUSHD) is creating the first global marketplace using blockchain technology. The goal is to let sellers and buyers work smoothly in the online shopping world.
One of the big problems in eCommerce is that popular platforms charge a lot to list products. This eventually leads to higher prices, impacting both buyers and sellers. Pushd has solved this problem by significantly reducing fees for listing products on its marketplace.Pushd works with blockchain technology, so transactions happen fast and are immutable. In addition, sellers don’t have to wait long for their money, like the 90-day delay on PayPal.
When deals are approved on the blockchain, sellers can get their money instantly using crypto. This helps them grow their businesses by using Pushd. The PUSHD token is used for buying and selling things on the platform therefore increasing the price with more users that are joining.
Litecoin and Stellar investors are buying PUSHD tokens in large numbers because of the benefits the holders have. Right now, the presale cost of PUSHD is $0.01. Its current cost makes it a great time for investors to join what could soon be turned into a blue-chip project.
Litecoin and Stellar Lose Momentum, Investors Raise Concern
The crypto market has made a comeback towards the end of 2023. The market has increased by more than 48%, led by Bitcoin. However, Litecoin (LTC) and Stellar (XLM) are two top coins that have yet to gain traction.
Many market gurus predicted that Litecoin’s price would rise following halving in August. Instead, the price of Litecoin has declined from above $94 in early August to $75 in December. LTC has gained merely 8% year to date, far underperforming the market.
On the flipside, the Litecoin network has been growing recently. Although new addresses and transactions have surged, its price has refused to trend upwards. Stellar is another altcoin that has faced the same challenge.
Over the last five months, the price of Stellar has consolidated between $0.10 and $0.14. In December, XLM ranged between $0.13. This lack of momentum between Litecoin and Stellar has forced many of their investors to move to projects with more potential, with Pushd leading the way.
Closing Thoughts
Because Litecoin and Stellar are losing steam, investors are flocking to purchase tokens in the Pushd presale. Analysts believe that PUSHD will witness a 20x price increase during 2024, owing to its impressive ecosystem in an industry with significant potential.
For more information about the ongoing Pushd (PUSHD) Presale, please visit their website.