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There is a shifting dynamic in the crypto market, from tokens with zero utility to tokens with multiple utilities.
This shifting dynamics has seen a massive influx into Pushd as it entices Aptos and Avalanche holders in its presale.
How is Pushd Enticing Investors?
Pushd stands out in its presale, enticing investors with its unique utility functions and features. One such feature is its reward program, which incentivizes users to participate and complete specific tasks and milestones on the marketplace. This program rewards you for every accomplished task and allows you to contribute to the platform’s growth, making your investment in Pushd more than just a financial decision.
Similarly, Pushd is the first of its kind as it presents the web3 version of the marketplace. Pushd promises to transform e-commerce by introducing a simplified buying and selling process that allows every investor to decide and vote on the protocol’s future.
Pushd is offering debit cards to every holder and the debit card will allow you to spend your funds directly from your wallet. Interestingly, your Pushd investment will enable you to earn proportionate revenue from your holdings. The more you increase your Pushd holdings, the more you increase your income.
Avalanche Consolidates Above $50 After Durango Upgrade
Analysts said there is no better time for Avalanche to launch the Durango upgrade and the Teleporter tool than now. You would recall that Avalanche recorded a poor run in February, hovering below $40. A few days into March, Avalanche recorded a slight uptick, surpassing this resistance level, with a 15.54% price increase. Since then, Avalanche has been rallying close to $50, triggering a rise in investors’ interest.
The Durango upgrade, therefore, sealed the rise and saw Avalanche soaring above $50. In the last week of March, Avalanche stood at $53.76 as of now April 4th the price is $47.37
Analysts say the Durango upgrade was timely, shooting Avalanche above $50. This Durango upgrade has caused the termination of staking functionality on the Avalanche wallet website and is deprecating the existing transaction staking process used by wallets. The Telereporter, on the other hand, is improving communication across the Avalanche subnet ecosystem.
Aptos Records Increased Market Activity As Investors Look Towards Pushd
Every performance metric shows that Aptos has had an impressive run lasting about 30 days. In the last 30 days, Aptos has reflected massive adoption and usage, signifying growing investors’ confidence.
Within the last 30 days, daily active Aptos users jumped from 64,000 to 271,000, leading to over 20% surge in Aptos price value. As of the time of writing, Aptos confidently stands at $14.42 with a market capitalization of $5.7 billion. With this impressive run, Aptos holders are diverting their gains to Pushd, anticipating the launch so they can enjoy seamless buying and selling.
Despite this impressive run, some metrics remain bearish on Aptos. The open interest and a sudden drop in the funding rate are low. Should the Aptos funding rate continue to decline, that signifies the decline in derivative investors’ movement within the protocol.
