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There is a growing interest in Pushd (PUSHD) presale as investors shift their focus from other tokens. This interest is driven by the potential for Pushd to rally while other cryptocurrencies face bearish expectations. Pushd is a crypto project investors are monitoring in 2024. Tether (USDT) failed to attract attention.
In the crypto market, the token is mainly used as a stable investment for passive income and to provide stability during market volatility. DAI is down as investors explore other decentralized finance (defi) projects.
Exploring USDT
Investors purchase the stablecoin USDT for several reasons – to preserve value, hedge against market volatility, and access the crypto ecosystem for trading. Some also use USDT to buy emerging tokens they believe hold long-term potential.
A new token in its third presale stage priced at $0.060 has recently garnered significant interest from USDT holders. These investors are utilizing the opportunity to buy into the relatively low market-cap cryptocurrency early on.
The token offers a 10% annual percentage yield and aims to advance decentralized web3 capabilities.
With Tether yielding minimal returns, investors are allocating funds to stake in this new ecosystem they see as the future.
The early presale price point gives USDT holders an appealing entry point for high upside potential.
DAI continues plummeting
As the value of cryptocurrencies continues to decline, investors, including DAI holders, have become cautious.
DAI reached a peak of $10 billion in early 2022, but its market capitalization shrunk to $4.4 billion by July 2023.
The sustainability of DAI in the cryptocurrency market remains to be determined, and analysts are concerned about whether new users will continue to invest in the token or shift their attention to other options.
DAI investors are turning to Pushd in search of new opportunities. DAI holders understand that early investment can lead to significant profits.
Pushd is a new ecosystem aiming to resolve the issue of stuck transactions after completion, and it hopes to create fast, immutable, and transparent transactions on the blockchain.
Pushd is focus
As 2023 ended positively, 2024 continues witnessing crypto market activity as users trade actively.
A new decentralized web3 project is garnering attention by offering zero-commission crypto trading and rewards programs for completing tasks.
The new token sold out rapidly within ten days in its first two presale stages.
Pushd aims to provide investors with a high market upside. While stablecoins like USDT and DAI may see gains from volatility, Pushd looks beyond just token profits.
Instead, Pushd focuses on a core utility, allowing decentralized commission-free swaps and user reward mechanisms. This fundamental value-add differentiates Pushd as users seek more than speculative gains in 2024’s choppy crypto markets.
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Source: https://crypto.news/tether-and-dai-holders-exploring-trending-pushd/