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The Bitcoin (BTC) ETF was among the catalysts of the recent speculation that caused crypto prices to rise across the board. However, since then, Bitcoin (BTC) prices, not to mention altcoins like Shiba Inu (SHIB), fell spectacularly. Nevertheless, the crypto market has plenty of opportunities to create sizable gains—and one of these, according to market analysts, is Pushd (PUSHD). Here’s why the Pushd (PUSHD) presale is selling out like hotcakes.
Bitcoin (BTC) ETF Approved, But Prices Tank
Bitcoin (BTC) witnessed a run from $42,000 earlier this year until peaking at $48,500 after a dozen spot Bitcoin (BTC) ETF were greenlit by the US Securities and Exchange Commission. However, soon after the news got around, Bitcoin (BTC) prices fell by the wayside, trading at the low end of $40,000, where they remain as of this writing. Instead of causing prices to break past $49,000 and on to higher heights like many traders expected, Bitcoin (BTC) plummeted, causing major consternation among the markets.
Has Shiba Inu (SHIB) Jumped the Shark?
Shiba Inu (SHIB) has tanked to $0.000009471 in the past 24 hours, as Shiba Inu (SHIB) daily active addresses dropping like flies over the past several months. The precipitous decline in Shiba Inu (SHIB) daily active address hints at diminishing popularity. Likewise, Shiba Inu (SHIB) price action has been flagging over the past 12 months, recording a -20% loss as of this writing. From an investment point of view, Shiba Inu (SHIB) price volatility has made it an undesirable choice as the tide is turning against meme coins and into tokens with real-world applications like Pushd (PUSHD). This isn’t good news for Shiba Inu (SHIB) holders in 2024.
Pushd (PUSHD) Presale Growing at Record-Breaking Pace
Newly-launched decentralized online marketplace Pushd (PUSHD) has been growing at breakneck pace after its presale has drawn over 18,000+ registrants three weeks after its announcement. Pushd (PUSHD) is building the first real contender to Amazon and eBay with the launch of its decentralized ecommerce platform powered entirely by Web3. The Pushd
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Author: Crypto Daily