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The cryptocurrency market is cooling off before entering new growth stage. Pushd keeps moving in presale launch
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Bitcoin (BTC) whales are slowly taking profits amid the upcoming ETF approval. Solana (SOL) and Ethereum (ETH) also saw some respectable profit taking on the market. However, all the assets show stable performance. Meanwhile, Pushd (PUSHD) has entered the new stage of its presale launch.
Solana (SOL) and Ethereum (ETH) Enter New Market Stage
Solana (SOL) and Ethereum (ETH) have long been perceived as competitors as both blockchains build out their respective robust smart contract platforms with a variety of decentralized applications. Solana (SOL), for instance, has risen in value by 1,100% from January to December 2023, while Ethereum (ETH) is up by approximately 80% within the same time frame.
The start of 2024 has seen Solana (SOL) and Ethereum (ETH) undergo a period of price adjustment, with SOL and ETH experiencing a 17% and 3% decrease in their trading value over the last two weeks, respectively. This trend reflects a strategic move by Solana investors to capitalize on their investments, while Ethereum maintains a steady, though unhurried, progression at the beginning of the year. Notably, prominent crypto influencer Raoul Pal holds an optimistic view on the future trajectory of these cryptocurrencies. He suggests that both Solana and Ethereum have the potential to revisit their peak prices within the year, particularly if a bull market is stimulated by the anticipated Bitcoin halving in April. This event, often a significant milestone in the crypto market, could potentially herald a period of robust growth for these leading digital assets.
Is a Bitcoin (BTC) ETF Approval Imminent?
Bitcoin (BTC) holders are most definitely bullish in 2024, especially as speculations of an imminent approval from the United States Securities and Exchange Commission intensify. Notably, Bitcoin (BTC) rallied throughout 2023 off the back of the speculation, with the token recording a 160% increase in price from January to December 2023. The Securities and Exchange Commission recently ordered prospective Bitcoin ETF aspirants to make certain changes to their filings ahead of a crucial week which hint at an approval in the making.
Pushd (PUSHD) Enteres Presale
The Pushd (PUSHD) new stage presale is live. Pushd is building the world’s first viable decentralized alternative to Web2 ecommerce platforms. The Pushd marketplace features low platform fees, minimal listing charges and KYC processes, and a user experience tailored for both crypto natives and newbies. PUSHD presale investors are incentivized by revenue sharing on the Pushd marketplace, giving them a bigger income the more PUSHD tokens they hold.
According to developers, PUSHD is on pace to sell out stage 2 of its presale token allocation. With over 8,000 registrants and counting, PUSHD is quickly gaining its market share.
Find out more about the Pushd presale at their official website.
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