Remember the Pepe Coin (PEPE) hype? Now the hype is Pushd (PUSHD) new presale token while Ethereum (ETH) drops over 12% in A Week
Release: 2024/01/26 11:59 Reading: 967
In the ever changing realm of cryptocurrencies current events have grabbed the interest of investors redirecting their attention from the previously popular Pepe Coin (PEPE) to the budding opportunity of Pushd (PUSHD) during its new presale stage 4. Amidst Ethereum’s (ETH) recent 0.81% decline in the past day investors are now exploring the potential for significant growth in Pushd (PUSHD).
Ethereum (ETH): Bearish Trends and Notable Transactions
The second largest cryptocurrency Ethereum (ETH) finds itself under bearish pressure with a 0.81% dip in the past 24 hours and a 12.65% decline over the past seven days currently trading at $2,211.67. Despite this downturn Ethereum (ETH) long-term holders have surpassed those of Bitcoin (BTC) marking a significant milestone. However concerns arise about reduced liquidity and potential obstacles to short-term price performance due to this surge in long-term holders.
Recent blockchain analytics from PeckShieldAlert reveal significant Ethereum (ETH) transactions, including transfers by Celsius and FTX, indicating notable market activity. FTX in particular has been actively engaged in massive crypto asset transfers hinting at a potential sell off move.
The daily chart of Ethereum (ETH) shows a bearish trend with the 9 day exponential moving average (EMA) positioned above the trading price at $2429. While the daily relative strength index (RSI) suggests a nearly oversold condition at 46 failure to clear $2305 could trigger further declines with support levels at $2280 and a more significant level at $2209 potentially marking a deeper correction.
Pushd (PUSHD): The Rising Presale Star in 2024
In today’s complex market dominated by Ethereum (ETH), Pushd (PUSHD) stands out as a promising presale investment overshadowing the previous excitement around Pepe Coin (PEPE). As Ethereum (ETH) experiences a 7% decline, attention is now shifting towards Pushd (PUSHD).
Introduced just three weeks ago Pushd (PUSHD) presale has attracted interest from over 22,000+ sign ups highlighting strong demand and the potential for significant growth upon its upcoming full launch. Currently in its fourth presale stage Pushd (PUSHD) tokens are available at a discounted rate of $0.075. Analysts predict a positive trajectory suggesting a possible increase of up to 50x aiming for a target of $3.75 by 2024.
This optimistic outlook is based on Pushd (Pushd) strategic position in the expansive $6 trillion e-commerce sector positioning itself well to capture a significant market share. Setting itself apart from industry giants like Amazon Pushd (PUSHD) offers token holders opportunities for passive income including a stake in all platform fees. Supported by a thorough audit a continuous liquidity lock for 20 years and a substantial 700-day team token lock, Pushd (PUSHD) emerges as a leading option for a noteworthy presale investment opportunity in the unfolding year of 2024.
Find out more about the Pushd presale at their official website.
The post Remember the Pepe Coin (PEPE) hype? Now the hype is Pushd (PUSHD) new presale token while Ethereum (ETH) drops over 12% in A Week appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.
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