Big-name crypto project Shiba Inu (SHIB) has been struggling since early 2024 and coin holders are now looking to other projects such as Stellar (XLM) and the new e-commerce platform Pushd (PUSHD) to prompt gains.
While Shiba Inu (SHIB) scratches around for progress, here’s how Pushd (PUSHD) has taken early flight during its exciting crypto presale event.
Shiba Inu (SHIB) set to boost on the coat-tails of wider market improvement
Shiba Inu (SHIB) is one of the most popular meme coins on the market, second only to Dogecoin (DOGE). Meme coins are noted for their volatility and Shiba Inu (SHIB) has provided investors with some intriguing performance in 2024 so far.
After an initial price peak above $0.0000105 in early January 2024, Shiba Inu (SHIB) plummeted to around $0.0000085 towards the end of the month as the coin followed the overall resistance shown by the broader market.
Although Shiba Inu (SHIB) has recovered some of these losses around 2% at the time of writing. In the past week, it remained reliant on a boost from other coins in the crypto market to hit a bullish sentiment.
Stellar (XLM) recovering from sluggish start to 2024
Stellar (XLM) consistently surpasses challenges to achieve results that exceed expectations of its investors. Developments to the network in 2023 saw the coin rise by more than 33% as it improved its scalability and cost.
While some developers see Stellar (XLM) as an inferior product to Ethereum (ETH) and other solutions in a crowded marketplace, Stellar (XLM) has shown remarkable staying power in recent times to build a loyal and dedicated user base.
With plans for future development around blockchain interoperability, Stellar (XLM) is a coin that could continue to rise in 2024, confounding expert predictions.
Pushd (PUSHD) presale is off to a roaring start with decentralized e-commerce package
Pushd (PUSHD) is a brand-new idea in the e-commerce space that’s worth $6 trillion annually. Taking on Amazon and eBay at their own game, Pushd (PUSHD) is creating the world’s first decentralized peer-to-peer (P2P) online marketplace.
By connecting buyers and sellers, Pushd (PUSHD) is removing barriers to the smooth running of an e-commerce store. Users can sign up without lengthy KYC requirements, buy and sell without hefty transaction fees and gain direct access to their funds.
This revolutionary idea has gained huge momentum during its presale. With more than 24,000 users already signed up and over 6,000 early-stage investors, Pushd (PUSHD) is now available in stage 4 of its ICO, priced at just $0.08 each.
Conclusion
While the crypto market gears up for the Bitcoin (BTC) halving event, projects are jostling for investor’s attention. Some, such as Shiba Inu (SHIB) and Stellar (XLM) face varying challenges to their prospects, while Pushd (PUSHD) can push ahead with its exciting crypto presale, setting new standards in e-commerce.
Find out more about the Pushd (PUSHD) presale at their official website
Read More: Shiba Inu (SHIB) Holders Seek Prompt Gains Through Stellar (XLM) And Pushd