In light of the recent crypto bull run, hardly anyone would have expected the more established cryptocurrencies like Solana (SOL) and Ripple (XRP) to drop. Quite surprisingly, that has been the case for both crypto giants in recent days.
Solana (SOL) took a tumble in the early hours of the afternoon of 3 January 2024, falling from $104.35 to $93.81. The ripple effects of this crash were felt by Ripple (XRP), which slid from $0.64 to $0.55 within a few hours.
To say investors are worried would be putting it mildly. Smart investors⏤8,000 of them⏤already had the wisdom to put whatever funds they had left in low-cost high-returns crypto assets, specifically one named Pushd (PUSHD).
Solana (SOL) Fights For Its Soul
Solana (SOL) might be recovering from its recent travails, but it sure had an uphill task on its hands having to battle strong market forces. Despite having a good month overall, going up 62%, it appears that the days of riding the high tides might be slowing for Solana (SOL).
After its drop, Solana’s price has struggled to replicate its momentum from earlier in the year. In the last week, Solana (SOL) has dropped by 7.62%, causing investors to doubt its credibility as a trusted investment vehicle on the journey towards financial freedom.
Luckily for investors, other more trustworthy investment vehicles besides Solana (SOL) exist. We’ll shed more light on that shortly.
Market Forces Rip Ripple (XRP) Apart
Ripple (XRP) might be one of the cool kids on the block, but even the cool kids get to experience a few challenges once in a while. Such was the story of Ripple (XRP) and its recent turbulent events.
After enjoying a decent one-year performance where it grew 69%, Ripple (XRP) has found it near impossible to re-attain those performance levels. In December 2023 alone, Ripple (XRP) fell 5.5% and has fallen 7.7% in the past week.
If you guessed that this was a cause for concern among investors, you were right. This poor performance from Ripple (XRP) might have catalyzed the influx of investors into a newer token named Pushd (PUSHD).
Pushd (PUSHD) Being Pulled On Every Side By Investors
Investors all want to grab a piece of the new token taking the crypto underground by storm. We’re talking about Pushd (PUSHD), a soon-to-launch, first-of-its-kind decentralized marketplace.
While similar to traditional e-commerce platforms, Pushd (PUSHD) differs in how it approaches e-commerce. While other e-commerce platforms are centralized, Pushd (PUSHD) is completely decentralized, allowing vendors and buyers more privacy, more flexibility, more speed, and fewer fees.
Still in stage 2 of presale and already gathering over 8,000 presale sign-ups in five days, Pushd (PUSHD) is practically a steal at its current asking price of just $0.48. With all the benefits Pushd (PUSHD) offers investors like a share of transaction fees and governance rights to determine how the platform is run, it’s no wonder this project has been such a huge success, even before its official launch.
For more information about the Pushd (PUSHD) Presale, visit their website.
