It’s hard to hide things that bring great value. When projects are promising, they always attract users, investors and many others in the crypto space. While it isn’t always the best indicator, how much hype a project has is a good way of deciding whether or not to invest in it.
Right now, Bitcoin (BTC) holds the most attention but projects like Polkadot (DOT) and Binance Coin (BNB) also have some hype around them. We look at what’s causing this and if it’s anything to care about. We also consider a rising project that is getting much attention, Pushd (PUSHD). Here’s what we know.
Bitcoin (BTC) Train Continues
With around 50 days left until the Bitcoin (BTC) halving, the mammoth crypto has continued to rise. Bitcoin (BTC) is one of the most in-demand tokens right now ahead of expected rises following the halving. This amazing rise could see it hit $70,000 weeks before halving.
It goes above $62,500 at press time, representing further gains in the last week. In that period, Bitcoin (BTC) has increased in value by a staggering 20%. Projections are that Bitcoin (BTC) enters the halving at just under $80,000 and may even hit $100,000 before the halfway point of the year.
Sharp Rise for Polkadot (DOT)
Polkadot (DOT) has seen a sudden rise in the past few days. Its value increased from over $7 to almost $9 in a matter of days. Polkadot (DOT) changes hands at $8.71 at the time of writing. The token has added an impressive 14% in the last 7 days. It is set to close February around 24% better than it started the month.
Feverish Trading Pushes Up Binance Coin (BNB)
A period of increased trading has driven up the value of Binance Coin (BNB). Much of this is linked to rising excitement in the crypto space as investors rush for many tokens. As more transactions occur on the Binance Exchange, its native token, Binance Coin (BNB) is reaching new highs. When writing, Binance Coin (BNB) is valued at $410 per unit, 7% better than last week.
Pushd (PUSHD) Hype Increasing as Presale Continues
More investors have gotten involved with the new DeFi project, Pushd (PUSHD). The excitement around it continues to increase even as it continues its presale. Currently, it is among the most talked about coins.
Pushd (PUSHD) is a decentralized online marketplace. Users can sign up, buy, sell and auction goods from anywhere across the world. It is built to be a more honest marketplace for users.
The attention around Pushd (PUSHD) is linked to its utility and interesting prospects. For only $0.11, it is a cheap coin. However, it is said to have vast potential, capable of reaching even 20x gains. For veteran investors, this is an opportunity that can’t be passed on.