With blockchain technology, there is significant transparency which means everything is open and available. As a result, major transactions and big moves in the crypto space don’t go unnoticed. Whenever huge sums are invested in a token or taken away from it, keen observers take note and try to understand the causes and likely effects.
Recent news reports suggest that an unknown buyer has invested heavily in a new project, Pushd (PUSHD). What is this project and why is it attracting millions in investment? How does it compare with some of the bigger names in the industry like Bitcoin (BTC) and Polygon (MATIC)?
Bitcoin (BTC) ascends to $51,000
The last time Bitcoin (BTC) was so high was in 2021. The biggest crypto has gotten much bigger in the last week, with Bitcoin (BTC) up to $51,875 at press time. This sees Bitcoin (BTC) 22% better than it was at this point last month adding around $9000 to the value of each unit. Although these profits are huge, especially for long-term investors, Bitcoin’s (BTC) high price, both in the past and now proves too expensive for many investors.
Polygon (MATIC) records gains
Layer-2 scaling solution, Polygon (MATIC) seems like a good investment in the short term with recent gains suggesting an uptick soon. Polygon (MATIC) trades at $0.8969 at the time of writing, up from $0.8226 just seven days ago. This sees a 10% rise in the value of holdings in Polygon (MATIC) from a week ago.
There is also a 4.15% gain for Polygon (MATIC) from a month ago. The general feeling is that Polygon (MATIC) could see further growth down the line and this could be a great point for investors to get the token ahead of this growth.
Pushd (PUSHD) gets major investment whales moving in now
Pushd (PUSHD) recently saw a huge investment with millions of dollars going into the project from an unknown investor. This comes off the back of many investors joining the project in the last few weeks. The huge investment is significant as it signals increased confidence in the project.
The platform is a decentralized peer-to-peer marketplace where users can buy, sell and auction products to people all over the world. It is the world’s premier web3 marketplace that harmonizes decentralized principles and global e-commerce. Pushd (PUSHD) users get a better and more transparent experience.
Investors that join Pushd (PUSHD) in presale stage 5 get the token for the low price of $0.094. This is less than many other options on the market. The total supply is 240 million so Pushd (PUSHD) can still rise significantly, especially after its launch.
Buying the token after the presale has fewer benefits but Pushd’s (PUSHD) high potential means substantial returns can still be made. According to many analysts a 20x rise is predicted so investing in Pushd (PUSHD) at any stage could bring valuable returns. For many investors, these prospects are exciting and they are committing their funds to the innovative project.
Find out more about the Pushd presale at their official website.
