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Pushd's Stage 6 E-Commerce Presale Invites Cardano & Tether USDt Holders to Surpass eBay

by BSC News

April 28, 2024

chain

Delve into Cardano's meteoric rise and discover why holders are eyeing Pushd amidst this bullish run.

A few tokens have done exceptionally well in the presale stage. This is why investors are keen to observe tokens at presale and quick-to-back protocols that have performed brilliantly across the board. Common knowledge is that if a token does well in the presale stage, it will most likely be a top mover in the crypto market.

In stage six of its presale, the Pushd protocol has made an impressive market run over the past few weeks. With a current selling price of $0.144, Cardano and Tether USDt holders are looking to back the token. Top analysts have said that should this happen, Pushd could surpass eBay at market entry. 

Cardano hit $17B by market cap

The Cardano protocol was designed to redistribute power from unaccountable structures to individuals' margins. With this introduction into the crypto eco-space, Cardano gained a massive buy-in. Within 24 hours of launch, the Cardano platform recorded over 100 smart contracts.

As of writing, Cardano is now selling for $0.5. This price comes after a 9% increase over the last seven days in the crypto market. With a total market cap of $17.8B, Cardano is now ranked #10 in the crypto market. Daily, over $387M of the token is traded across the crypto market, making it the #26 highest-traded crypto. One could ask why its holders are looking towards Pushd amidst its impressive market outlook. 

Tether USDt dominates daily trading volume

As a stable token pegged to the US dollar, Tether USDt has become one of the crypto traders' favorites. This is mainly because crypto market fluctuations do not affect the price of Tether USDt. Instead, its worth is determined by actual market influence. For all token holders, the value of one Tether USDt is equivalent to holding a one-dollar bill. This is why Tether USDt is known as the digital dollar. 

With its diverse functionality, Tether USDt is the highest-traded token in the market. Surpassing the likes of Bitcoin, over $51B worth of Tether USDt is moved across the market daily. With a current total supply of 110 billion tokens, the total market cap of the token sits at $110B, ranking it #3 in the global crypto market. 

Pushd to overtake eBay at market launch

Pushd is an online trading platform. Like eBay, the platform intends to create a space where people can buy and sell without issues. The unique difference is that Pushd is a decentralized platform developed with blockchain technology. This means that the platform will have no central authority. Instead, it's dispersed in whatever way the creator intends. 

To make Pushd more appealing and secure, the platform's native token is its governing chip. This automatically gives governing power to investors who buy and hold the token. 

As a token holder, they will have the right to vote on changes, features, and upgrades that the Web3-based platform will get post-market entry. This means that the Pushd token holds not only trading abilities but also governing abilities. 

Find out more about the presale here.

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