Cryptocurrencies are always volatile and investors have always preferred investment portfolios with less potential for risks. Nevertheless, as we pay attention to the current market dynamics of Dogecoin (DOGE) and Shiba Inu (SHIB), these leading coins have not been doing so well due to market fluctuations. Therefore, investors have been eyeing a new investment prospect – Pushd over Dogecoin (DOGE) and Shiba Inu (SHIB). Pushd is a blockchain-based platform that aims to innovate online marketplaces.
Pushd (PUSHD): Redefining Decentralized Marketplaces
Amidst Dogecoin (DOGE) and Shiba Inu (SHIB) challenges, Pushd emerges as a game-changer marketplace for buyers and sellers in the realm of cryptocurrencies. As the first online marketplace based on blockchain technology, Pushd promises to provide buyers and sellers with secure, transparent, decentralized governance benefit from lower fees, immediate deposits and withdrawals while eliminating the usual waiting period of 3-5 days. Pushd token holders will play a key role in shaping the platform’s future, participating in key decision-making processes and contributing to the platform’s growth through a dynamic reward system. With an upcoming 700-day team token lock, a starting presale price of only $0.01, and a total issue of 250,000,000 tokens, Pushd will be an exciting opportunity for early investors looking for dedicated investment.
With its decentralized governance model, users will be able to suggest platform changes and even vote on future enhancements. Moreover, investors will be eligible for benefits such as account managers available 24/7 for VIP users, cashback and interest payments. Furthermore, savvy investors eyeing huge growth potential already see Pushd as a safe gateway to a clear trend toward decentralized online commerce. As the cryptocurrency world continues to evolve, Pushd will be at the forefront of innovation, rising as the next big possibility for investors looking for new opportunities in the market.
The Dilemma of Dogecoin (DOGE)
Despite being one of the pioneers in the meme coin category, Dogecoin’s (DOGE) price has been moving within a range of 3%, hovering between $0.09 and $0.1. Data from on-chain analysis suggests that buying momentum is weakening, with retail traders putting up sell orders for 745 million Dogecoin (DOGE). However, the active demand only supports 654 million Dogecoin (DOGE), raising concerns about trends. If bears breach the support level of approximately $0.08, it is anticipated that Dogecoin (DOGE) may enter the territory ranging from $0.07 to $0.15. This would be the first time since November that Dogecoin (DOGE) would be in this range, with an excess market supply of 84 million Dogecoin (DOGE).
Shiba Inu (SHIB) Takes On Bearish Forces
Shiba Inu (SHIB), renowned for its breakthrough above the $0.000011 resistance level, encountered a substantial accumulation of over 589.29T SHIB. Although this surge initially indicated buying activity, the triumph was short-lived as the Shiba Inu (SHIB) price again dipped below the resistance level. The battle between the bulls and the bears seems to see no end for now, and the next move is crucial for Shiba Inu (SHIB). Continued buying pressure and positive market sentiment are needed for Shiba Inu (SHIB) to establish additional support above $0.000011, which could lead to additional gains.
