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Telegram app’s crypto Toncoin (TON) is getting some tailwinds pushing it upwards, while the cross-border payment system Stellar (XLM) is getting downward pressure from market demands. Meanwhile, the new peer-to-peer trading platform Pushd (PUSHD)’s ICO is gaining investor trust and seeing a massive influx, making it a potential blue-chip investment.
Toncoin (TON): Telegram’s native coin gains support
Telegram, a messaging app used by 800 million users monthly, launched its Toncoin (TON) in 2021. Since its launch, Toncoin (TON) has had ebbs and flows, making it difficult to determine the demand for the coin. However, with new developments on the telegram network whereby the Toncoin (TON) can be used for various purposes, as well as an expanded user base on Telegram, Toncoin (TON) is seeing a definite upward-leaning trendline. Investing in Ton could see gains, but growth is not phenomenal.
Stellar (XLM): Outdated cross-border system loses steam
When the cryptosphere was in its infancy, one of the strongest solutions was facilitating cross-border payments. The big name in this is XRP, but a Ripple developer spearheaded the Stellar (XLM) program to give the unbanked communities of the world access to finance. While this was a lofty ideal and a brilliant idea, Stellar (XLM) is now staring down the barrel of other blockchains that can do the same job faster and cheaper.
Stellar (XLM) is a victim of blockchain’s agility. Widespread adoption and the breakneck development speed make older tech, like Stellar (XLM), obsolete. But Stellar (XLM) may have legs yet, and as a legacy player, Stellar (XLM) is not to be written off.
Pushd (PUSHD): Pioneering crypto e-commerce
A valid critique of cryptocurrencies is that they cannot be used as currencies. Generally, one cannot use crypto to buy everyday goods. Now Pushd (PUSHD) is giving its cryptocurrency a legitimate home in its new peer-to-peer sales platform. Users can now buy and sell wares using cryptocurrency, finally giving cryptos a legitimate reason to silence its critics complaining it has no real-world application.
The advantages of Pushd (PUSHD) are myriad. It’s a zero-commission-based platform, giving sellers the price they asked for. Waiting for money to clear is no longer a thing, as Pushd (PUSHD)’s crypto-based wallet clears funds immediately. And with no KYC or admin hoops to jump through, users can be up and selling on Pushd (PUSHD) in two minutes.
It’s no wonder Pushd (PUSHD) has already gotten 18,000 signups, and it’s still only in its fourth presale phase. Pushd (PUSHD) is turning into a blue-chip crypto.
Conclusion
Investing requires balance. Toncoin (TON) offers potential long-term stability, albeit at the cost of slow growth, but Stellar (XLM) may be a coin that demands more caution before investing. However, investors may consider participating in the Pushd (PUSHD) presale for explosive growth, with tokens available at $0.075 right now.
Find out more about the Pushd presale at their official website.
Source: https://finbold.com/toncoin-ton-soars-10-stellar-xlm-encounters-obstacles-while-pushd-pushd-presale-storms-ahead/