Price: $0.39250 1.7438%
Market Cap: 57.66B 1.7509%
Volume (24h): 8.58B 0.4%
Dominance: 1.7509%
Price: $0.39250 1.7438%
Market Cap: 57.66B 1.7509%
Volume (24h): 8.58B 0.4%
Dominance: 1.7509% 1.7509%
  • Price: $0.39250 1.7438%
  • Market Cap: 57.66B 1.7509%
  • Volume (24h): 8.58B 0.4%
  • Dominance: 1.7509% 1.7509%
  • Price: $0.39250 1.7438%
Home > Information news > Why investors are joining the new Pushd (PUSHD) as Ethereum (ETH) and Dogecoin (DOGE) drop

Why investors are joining the new Pushd (PUSHD) as Ethereum (ETH) and Dogecoin (DOGE) drop

Release: 2024/01/15 07:34 Reading: 808

Original author:TheCoinrise Media

Original source:https://coinmarketcap.com/community/articles/65a46518e2cb4e08d1175df4

Why investors are joining the new Pushd (PUSHD) as Ethereum (ETH) and Dogecoin (DOGE) drop

In the dynamic world of cryptocurrencies, this week has seen Ethereum (ETH) riding high, thanks to the approval of the first Bitcoin ETF. Meanwhile, Dogecoin (DOGE) faces a peculiar situation, with rumors about the demise of its mascot, Kabuso, circulating. Amidst these developments, a newcomer, Pushd, steps into the crypto arena, promising simplicity and decentralized solutions.

Ethereum (ETH)’s Positive Journey

Ethereum (ETH) takes center stage with a notable 17.7% weekly growth, surpassing Bitcoin’s performance post-ETF approval. The past three months we have witnessed a steady climb of 77%, reaching $2,717. Larry Fink’s support for an Ethereum ETF adds to the optimism, potentially paving the way for further growth.

Currently trading at $2552.87, Ethereum (ETH) experiences a minor pullback, but support at $2,400 keeps the door open for potential gains, aiming at $2,700, $3,000, and $3,281. Investors monitor the ascending trendline for strategic moves during corrections.

Dogecoin (DOGE)’s Bearish Journey

Dogecoin’s recent climb to $0.083, fueled by baseless rumors about Kabuso’s demise, adds a unique chapter to its story. Despite the quirky start, the market structure now points towards a potential bearish reversal, facing resistance and an overarching bearish momentum. Examining the 12-hour price chart, Dogecoin (DOGE) attempts to find its footing amidst the ups and downs. The OBV ticking upward over the past week suggests resilience, but caution is advised. 

Noteworthy resistances at $0.08188 and $0.0835 become focal points, shaping Dogecoin’s narrative in the coming days. In this crypto saga, Dogecoin (DOGE) continues to weave a distinctive tale, showcasing both its resilience and the peculiar dynamics that make it a captivating presence.

Introducing Pushd (PUSHD)

In the midst of the crypto landscape, Pushd enters the scene with a fresh approach. As the first Web3 platform with a decentralized marketplace, Pushd addresses common seller challenges on platforms like eBay and Amazon. Offering lower fees, instant transactions, and a hassle-free KYC process, Pushd introduces a range of utilities, including a debit card, a swap service, and a rewards program.

Presale investors in Pushd stand to benefit from revenue-sharing and governance rights, making it an appealing option for those eyeing potential growth. In a crypto market filled with twists and turns, Pushd stands out as a newcomer with a straightforward approach to revolutionizing online buying and selling.

In the crypto realm, where Ethereum (ETH) and Dogecoin (DOGE) carve their paths, Pushd brings a fresh narrative. As investors weigh their options, the simplicity and growth potential offered by Pushd highlights the exciting possibilities beyond the established crypto giants. It’s a reminder that in the crypto world, the journey is as intriguing as the destination.

Find out more about the Pushd presale at their official website

The post Why investors are joining the new Pushd (PUSHD) as Ethereum (ETH) and Dogecoin (DOGE) drop appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.

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