Solana (SOL) has been a rising option in layer 1 for a while now. Although it has yet to topple the likes of Ethereum (ETH) which it is frequently compared to, there is no denying the attractiveness of Solana (SOL). Tether (USDT) by comparison stands at the top of the stablecoin ladder.
However, Solana (SOL) still surpasses it in terms of market capitalization. Regardless, both are remarkable tokens. However, a new name Pushd (PUSHD) is emerging and experts predict it could be as good as they are in a brief time. Here’s what we have gathered.
Chaotic two months for Tether (USDT)
Somewhat ironically, the top stablecoin has had an unstable year so far. Tether (USDT) has tried to ward off some negative press in the last two months which has affected the token to some extent. This year, Tether (USDT) has experienced more fluctuations than usual and more pronounced changes in value.
While Tether (USDT) may remain a good choice for some investors, many have criticised it for failing on its core promise – staying at $1 per unit. Tether (USDT) does trade at $1 per unit on CoinMarketCap at the time of writing.
Even more Chaos for Solana (SOL)
Unfortunately, much of the chaos for Solana (SOL) has been in its price. It did experience a network issue earlier in the month, but that seems minor compared to its fluctuations in the first two months of 2024. Solana (SOL) started the year around $110 and dipped toward $78 before rebounding to $100. Rapid (and significant) changes in price have painted Solana (SOL) as an unreliable investment, especially for long-term investors.
If you missed Solana (SOL), don’t miss Pushd (PUSHD)
The crypto space offers many opportunities to investors. Yet, while opportunities are plentiful, the chances to make huge returns are not as frequent. Investors cannot afford to miss golden opportunities like Pushd (PUSHD) which could bring amazing returns.
Pushd (PUSHD) is a web3 shopping platform where users can sell and buy products in a global market. Like any online marketplace, users sign up, list or search for goods and buy or sell. However, Pushd (PUSHD) is decentralised, meaning decisions are made by token holders instead of a central body.
The set-up of Pushd (PUSHD) allows it to offer users a better experience, including lower fees and quick transactions. Users can also pay with various cryptos in Pushd (PUSHD). Even if the vendor and buyer have different tokens, Pushd (PUSHD) allows them to swap their coins without any fees.
The opportunities in Pushd (PUSHD) are immense. It comes at a low price of $0.11 per coin, a cheaper option in the market. With its huge potential, the returns from even one unit could be massive.
Solana (SOL) could be valuable in the future but Pushd (PUSHD) has a lower entry point which makes it more attractive. It also promises more returns than coins like Tether (USDT). Experts say Pushd (PUSHD) is the coin to invest in heavily, especially for investors who want the best returns.
Find out more about the Pushd (PUSHD) presale by visiting the website here.
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Source: https://coinedition.com/e-commerce-platform-pushd-pushd-gains-huge-confidence-post-tether-usdt-solana-sol-whales-buy-in/