Pushd draws interest from Ripple and Monero holders

Pushd emerges as a formidable e-commerce platform, capturing the attention of Ripple and Monero investors, amid fluctuating crypto markets.

While the crypto market faces fluctuations amid investors’ searches for promising opportunities, Pushd positions itself as the next e-commerce giant as the platform draws interest from both Ripple and Monero holders. Moreover, Pushd presents many interesting features as it aims to solve the problems faced by traditional e-commerce marketplaces.

Furthermore, having recognized Pushd’s potential, some analysts predict that the Pushd token could witness a massive increase in value in the coming months. Hence, investors are making moves to secure their slots in the presale before the opportunity expires.

Whales take advantage of Ripple’s low price

Whale Alert, a prominent tracking bot, has discovered two substantial transfers of Ripple tokens initiated by whales over the past 8 hours. Notably, one of these Ripple transactions was a withdrawal from Binance, the largest crypto trading platform, to an anonymous wallet. This transaction was spotted to have happened while the price of Ripple attempted to surge after declining substantially.

Notably, a whopping 27.5 million Ripple tokens were spotted transferred out of the Binance exchange, and this looked like an attempt to accumulate substantial Ripple tokens while the price was still low. Hence the whales took advantage of this Ripple price opportunity. Moreover, a second transaction involved moving 100 million Ripple tokens from one anonymous Binance wallet to another anonymous Binance wallet.

Analyzing Monero’s price movement

The price of Monero has recently showcased a rejection from the 200-day Exponential Moving Average (EMA) and dropped below other key moving averages. Meanwhile, Monero’s price action indicates that the altcoin is facing selling pressure, and Monero bulls have found it difficult to push Monero’s price above some key resistance levels. Currently valued at $121.39 per token, Monero is trading around a demand zone.

Monero witnessed a 1.97% decline in its price over the last 7 days and the monthly chart shows a bigger decline of 12.54% over the last 30 days, having dropped from $138 to $121 in the space of 30 days. Moreover, Monero’s market cap increased by 1.27% to reach $2.2 billion, although its 24-hour trading volume declined by 5.61% to $41.6 billion.

Pushd positions itself as the next e-commerce giant

Pushd aims to enrich the e-commerce sector by offering a decentralized online marketplace built on the blockchain. Unlike traditional platforms like eBay and Amazon, Pushd eliminates the need for sellers and vendors to deal with higher fees and undergo extensive Know Your Customer (KYC) processes.

Sellers can set their prices without worrying about covering transaction fees, and funds are released immediately after a transaction is completed.

Pushd ensures the security, transparency, and immutability of all transactions on the blockchain. With Pushd, users can buy, sell, and auction goods online instantly using cryptocurrencies, bypassing the need for KYC checks.

With its audit passed, team tokens locked, and liquidity secured for 20 years, Pushd presents a promising investment opportunity with significant growth potential, especially at its current presale stage 6 with a price of $0.144 per token.

To learn more about the Pushd presale, visit the website.