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Experts advise to watch the signs and follow the market to know when you step in and which investments to make. This analysis looks at all the most important details about selected cryptocurrencies to show any trends and what analysts predict could happen soon. Our focus will be on Optimism (OP) and Ethereum Classic (ETC), fairly popular tokens with notable price actions recently.
Optimism (OP) is a layer-2 network built on the Ethereum blockchain to reduce costs and increase its speed. Ethereum Classic (ETC) is an open-source distributed network with smart contract functionality. Both blockchains are linked to Ethereum (ETH), with Optimism (OP) being a sidechain built on it, while Ethereum Classic (ETC) is the original version of Ethereum (ETH) before its hard fork.
Aside from these tokens, we will examine a decentralized marketplace, Pushd (PUSHD) and its presale which has recorded almost 4000 holders within 3 weeks.
Optimism’s (OP) Fall Threatens to Wipe Out Gains
Optimism (OP) is experiencing a huge decline over the last few weeks. A 21% fall compared to a week ago sees Optimism (OP) drop to $3.16 per unit. Although it remains some 41% over its value a month ago, a continued fall could see Optimism’s (OP) gains over that period lost as well.
Ethereum Classic (ETC) Recovering From Short Fall
From a long-term perspective, Ethereum Classic (ETC) has been performing decently. Ethereum Classic (ETC) remains around 60% more than three months ago, and 30% more than a month ago. At $24.81, Ethereum Classic (ETC) is currently 15% less than it was a week ago after a short fall, but rises by 3% in the last 24 hours which will relieve pressure on investors.
Pushd (PUSHD) Draws Thousands of Investors in Presale
Growing popularity has accompanied new project, Pushd (PUSHD) in its first few weeks of presale. The decentralized web3 marketplace has gained an impressive following, with many investors already invested in it. Pushd (PUSHD) is conceived as the web3 equivalent of marketplaces like Amazon and eBay, taking these ideas and merging them with blockchain technology to improve their functionality.
There is a world of utility within Pushd (PUSHD) and investors have noticed this too. Its move to onboard users without KYC verification makes it accessible to more users and faster. The increased transparency, cost-effectiveness, and speed of Pushd (PUSHD) makes it a viable option for users.
Pushd’s (PUSHD) promises for investors are also quite enticing. At only $0.075, it is a low-cost investment with amazing return potential. Investors can also look forward to payments from transaction fees and governance rights over Pushd (PUSHD).
Analysts believe that Pushd (PUSHD) will see even more attention as it continues its rise. With a supply of up to 250 million, and many benefits for investors, it is even more likely that Pushd (PUSHD) will gain more momentum. Experts are buying into Pushd (PUSHD) as it ushers in a decentralized future in global ecommerce.
