The crypto market is an ever-evolving industry. As such, it won’t come as a surprise to see a low-value token overtake other well-established tokens over time. That is exactly the case here as Injective (INJ) whale backs the Pushd (PUSHD) presale to overtake Uniswap (UNI) within the next 18 months. While this may sound incredible, experts have found market stats to back the viability of the statement.
Injective (INJ) Experience Short-term Rally as Investors Hope for an Extended Bullish Sentiment
Within 24 hours, Injective (INJ) has gained over 10% in price value to stay at $34.10. On the weekly chart, the Injective (INJ) price trajectory shows a rebound of 1%.
Meanwhile, the trading volume of Injective (INJ) has been up over 20% surging to 113 million. All these point toward a consistent price turn for Injective (INJ), a phenomenon potentially resulting in an extended bullishness.
Uniswap (UNI) Faces a Steep Bearish Trajectory
There has been a significant bear trend for Uniswap (UNI) since the start of the year. For context, Uniswap (UNI) started January at a price point of over $7. However, the token has since lost over 19% in price value to stay at $5.9.
Meanwhile, the day-to-day price turn of Uniswap has shown a 4.2% growth. While it may be too early to suggest a potential rally, the price trajectory of Uniswap shows the token is heading towards the bull market.
Pushd (PUSHD) Growth Trajectory on Course to Surpass Popular Tokens in the Market
The presale of the Pushd (PUSH) token displays exponential momentum and potential that is setting it on course to dominate the market. Since the start of the Pushd (PUSHD) presale, the token has seen an inflow of investors in the project. As a result, Injective (INJ) whales have tipped the Pushd (PUSHD) presale to overtake popular DEX Uniswap (UNI) in marginal growth within the next 18 months.
When launched, the Pushd (PUSHD) project will be the world’s first Ethereum-based decentralized marketplace that is set to make e-commerce more secure, decentralized, and transparent. The Pushd platform model will allow an individual to pay reduced fees for transactions.
With its decentralized governance, stakeholders have a say on important decisions on the platform. Also, holders of the Pushd (PUSHD) token will earn a share of the revenue obtained from the platform. Notably, no KYC verification is required to register on the platform.
The Pushd project is enjoying massive adoption from users in the crypto industry, having already pushd.store registered over 23,000 members on the platform in just under a month. Moreso, as the governance token of the platform, the PUSHD token has shown strong utility as well as a high growth potential in the crypto market.
That is why, at the price point of only $0.075, the Pushd (PUSHD) token represents a cheap investment alternative that has the potential to become the next blue-chip crypto in the near future. As such, investors may want to buy the PUSHD token now to position themselves for future profits.
Find out more about the Pushd (PUSHD) presale by visiting the website here
Source: https://coinpedia.org/press-release/inj-whale-backs-pushd-presale-to-overtake-uni-within-next-18-months/