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The constant search for promising startups in the dynamic field of the cryptocurrency world continues. Although Tron (TRX) and Chainlink (LINK) have shown resistance, the uncertain new entrant Pushd (PUSHD) has attracted the attention of investors with its newly launched pre-sale, according to the sponsored article poster. Investors are eyeing Pushd for its Web3 alternative that is poised to challenge e-commerce giants like Amazon and eBay if it can prove successful.
Tron (TRX): More Than Just a Token
Tron (TRX) has positioned itself as a high-performance, compatibility and reliability-first blockchain operating system for DApps within its ecosystem. Native cryptocurrency TRX, originally an ERC-20 token on Ethereum, now resides on Tron’s independent blockchain.
Currently, the community-driven Tron network encompasses smart contracts and a vibrant DeFi ecosystem. TRX holders’ active participation in management is characterized as a collaborative effort.
However, a detailed analysis of TRX’s recent performance reveals potential challenges. $0.1033 TRX remains close to critical support levels. Technical indicators such as RSI and MACD are showing a bearish trend, indicating a possible decline in TRX value.
Chainlink (LINK): On-chain Metrics
Chainlink (LINK), a major blockchain oracle token, has experienced recent price fluctuations linked to speculation around a Bitcoin Spot ETF rejection by the SEC. Despite this, on-chain metrics point to a positive trajectory for LINK.
The decline in LINK supply on exchanges is now at a six-month low, implying diminishing selling pressure. The Market Value to Realized Value (MVRV) metric supports optimism, showing a negative rate of 10.63%, indicating unrealized losses from recent investors. The increase in total LINK addresses with balance highlights the increasing demand and importance.
Pushd (PUSHD): Revealing the Web3 Alternative
According to the sponsored content poster, Pushd (PUSHD) is a decentralized marketplace protocol that challenges e-commerce giants with its nominal fees, simplified KYC processes, and crypto-focused user experience. Pushd claims that it will seek to differentiate itself with a revenue sharing model that provides passive income for token holders based on the token amount.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
The ongoing Pushd pre-sale, whose team claims to have over 10,000 registered users, has progressed to its second phase. Priced at $0.048, PUSHD tokens claim to offer an accessible entry for potential investors looking to pursue a transformative project in 2024. With the mission of redefining e-commerce, Pushd is claimed to be a follow-on project according to its team in the first months of the year.
Conclusion
In the ever-evolving crypto landscape, new opportunities are constantly emerging. While Tron (TRX) and Chainlink (LINK) are demonstrating their power, attention is shifting to the Pushd project, which is a candidate to reshape the e-commerce space according to the content sender. Since the project is new, its future is uncertain.
Click to review Pushd token.
Pushd Telegram address.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before investing!