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PUSHD is attracting a lot of attention as it enters the 4th stage of pre-sale. Meanwhile, some established coins such as Shiba Inu (SHIB) and Solana (SOL) have been highly volatile and have seen sharp corrections over the past 48 hours.
Shiba Inu under pressure
SHIB is dumping and is down 23% over the past year.
Compared to the all-time high in October 2021, it is down 90%.
Therefore, holders appear to be exiting despite hopes for a cryptocurrency bull market in the coming months.
Solana traders are taking profits.
SOL is under pressure after a strong rebound in December and is recovering from recent highs.
The coin is trading around $88 at the time of writing.
A correction is likely to occur as traders exit and take profits.
Pushd pre-sale attracts investors
Pushd, an upcoming decentralized online marketplace, is in Phase 4 of pre-sale.
There are over 22,000 registrations, indicating investor interest. So far, PUSHD is available for $0.075.
Pushd aims to launch a decentralized e-commerce platform without stringent know-your-customer (KYC) requirements and high transaction fees.
This platform allows PUSHD holders to stake and receive rewards.
Early investors will also enjoy VIP benefits, including a debit card linked to their wallet, access to free swap services, and a revenue sharing model that rewards them with more tokens.
Market analysts are optimistic and expect PUSHD to rebound in the coming months.
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