Market activity is at a record high as the Bitcoin halving event gets nearer. Investors are strategically taking up positions in the market. In this article, we shine a light on the market dynamics of Ethereum and Ripple and the activities of their big investors.
Pushd has stood out as one of the emerging projects Ethereum and Ripple’s investors are looking into. We explore how Pushd is setting itself apart and the unique offerings in its presale.
Analysts remain adamant about Ethereum’s recovery
Over the week, Ethereum’s price has fallen 5% from $3.53K to $3.34K. Its price has also declined by 13% in the past month. While other tokens seem to be on a path to recovery, Ethereum remains an exception. Its trading volume has halved in the past day and is below $10B.
The trading volume trend is problematic, but analysts remain adamant that the price trend will overturn in Q2. They point to the upcoming Bitcoin halving event and its historical positive pressures on the market as the catalyst for the token’s full recovery. If Ethereum rides on the halving wave, an all-time high milestone is very likely.
Nevertheless, some Ethereum investors are reducing their holdings and pushing them to other opportunities. These opportunities are mostly emerging, and Pushd stands out among them. Investors want to cash in on its presale before it closes.
Ripple could finally hit $1 on the wave of the halving event
Like Ethereum, Ripple remains on a downward trajectory with a price decline of 6.5% in the past week. Its monthly losses stand at 3%. Now trading at $0.59, experts think it could fall below $0.50 before it recovers. By this time last month, these same experts were projecting a $1 milestone for Ripple.
Ripple’s trading volume trend is as bad as Ethereum’s with a decline of 50% in the past few days. However, Ripple could ride on the wave of the Bitcoin halving event as it has done before. While an all-time high milestone seems unlikely, Ripple could finally hit $1 again after two years.
Ripple investors are picking Pushd for significant gains in Q2. They are confident in its ability to challenge market leaders like Amazon and eBay and are already taking advantage of its presale.
Pushd differentiates itself with its decentralized governance model
Pushd is the first online marketplace built on the blockchain, connecting buyers and sellers in a novel and unique way. Its major differentiating factor from traditional platforms is its decentralized governance model giving buyers and sellers influence on the future direction of the platform. Pushd has much lower fees and better security and transparency. The platform securely records all transactions and transfers tokens from the buyer’s account to the seller’s.
Investors should quickly join the presale. The presale is in its sixth stage and going for only $0.144. With only one stage left, investors should take up huge positions before the presale concludes.
Presale investors enjoy exciting platform benefits. Some of them include a head start on buying and selling, income from platform fees and priority support from the team.
