Pushd’s E-Commerce Ascent: Stage 6 Presale Attracts Ethereum Classic & Litecoin Investors Aiming to Rival eBay
Ethereum Classic and Litecoin are two top cryptos that have grabbed attention in the market and are still favored by investors. Ethereum Classic works on a decentralized network and handles smart contracts, while Litecoin is a digital currency for online transactions. The market cap of Ethereum Classic is currently at $4 billion, whereas Litecoin stands at $6 billion. However, there’s a notable difference in their prices: Ethereum Classic is priced at $28 per unit, whereas Litecoin is at $84.65.
Investors in both coins are investing heavily in innovation in the e-commerce space, which is the probable leader of the industry. Pushd, a decentralized e-commerce platform, has the first-mover advantage and is a potential future leader.
Ethereum Classic – Price Head and Shoulder Breakdown
A head and shoulders pattern is a chart formation used in technical analysis to predict a reversal from a bullish to a bearish trend. The pattern consists of three peaks, with the middle peak being the highest and the two outer peaks being close in height. The formation can be seen as a baseline that connects the lows between the peaks. Recently, there was a formation of the head and shoulder pattern in Ethereum Classic which broke down on 12 April.
This is not a good sign for ETC investors. If the price follows the breakdown pattern, the correction might last longer and we can see a substantial correction in Ethereum Classic. Some Ethereum Classic investors are shifting to Pushd looking at the bearish pattern it had formed.
Litecoin: A Primer on the Digital Silver
Litecoin, often dubbed the “silver to Bitcoin’s gold,” is a peer-to-peer cryptocurrency that emerged in 2011. Charlie Lee, a former Google engineer, created it. Although it shares many similarities with Bitcoin, it boasts faster transaction times and lower fees due to its unique mining algorithm, Scrypt. This algorithm allows for more accessible mining using consumer-grade hardware, democratizing the process and enhancing decentralization.
Litecoin’s adoption has grown steadily over the years, finding utility as a digital currency and a means for executing smart contracts and facilitating cross-border transactions. Its robust infrastructure, including Lightning Network integration, enhances scalability and promotes its use in everyday transactions.
Pushd has advanced technology similar to Litecoin, which is also one reason Litecoin investors are investing in Pushd.
Pushd: First in the Decentralized Web3 Marketplace
Pushd is getting noticed as a cutting-edge Web3 platform with a decentralized marketplace. In its current presale at $0.144, it offers various features like quick deposits and withdrawals, giving token holders power of decision-making, rewarding loyal users and an easy swapping service. Pushd supports transparency, supporting various assets and decentralization. Pushd wants to change the structure of online marketplaces by being easy to use, with no KYC and lower fees than traditional platforms.
Find out more about the Pushd presale at their official website.
Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
