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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

With Shiba Inu (SHIB) in Decline, Pushd (PUSHD) and Filecoin (FIL) Become Investor Favorites

NewsBTC
NewsBTC
Last Updated: January 26, 2024 5:18 am
2 mins read

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Hype is great. It caused Shiba Inu (SHIB) to make many people many millions. However, once the hype fades, there needs to be some substance behind a token lest it fades. Shiba stumbled severely in year-to-date figures, as there’s nothing to give it a reason to exist. Contrast this to Filecoin (FIL) and Pushd (PUSHD), and the intelligent investor will see some coins with substance behind their hype.

Shiba Inu (SHIB) – the big dog lost its bite

Shiba Inu (SHIB) is like a rainbow:  it looks great for a while, but soon it fades as the sun sets, leaving only darkness behind. Shiba Inu (SHIB) was undoubtedly one of the biggest news stories of crypto lore. Shiba Inu (SHIB) was responsible for the trade which turned $8,000 into $5.7 billion. Shiba Inu (SHIB) was the lore of the Jamaican bobsled team, becoming a crowd favorite despite having no reason for it.

But just as the sun set on the Jamaican bobsledders, so did the light dim on Shiba Inu (SHIB). Sadly, after all is said and done, Shiba has nothing going for it, and investors are looking at coins with real-world utility to bolster crypto portfolios.

Filecoin (FIL) – blockchain hard drive goes boom!

Filecoin (FIL) is one of the most substantive coins on the entire blockchain. As a method of decentralized file storage, Filecoin (FIL) takes the concept of cloud storage and spreads the risk across a vastly wider area. Data security and privacy concerns are just two issues Filecoin (FIL) solves.

Investors are taking notice, and Filecoin’s (FIL) star is shining brightly. The utility behind Filecoin (FIL) cannot be denied, and the investment Dollars are following.

Pushd (PUSHD) – strong fundamentals draw presale investment

Investors seeking utility must dig deep to find a better case than Pushd (PUSHD). Currently in its presale phase, Pushd (PUSHD) aims to develop a blockchain-based peer-to-peer e-commerce system, giving the power of buying and selling back to the users.

Imagine Amazon in 1995. This is Pushd (PUSHD) in 2024. Only without the high commissions payable to the mother company, not to mention the lack of KYC and administrative clutter to wade through. This is the vision of Pushd (PUSHD), and it’s such a compelling vision Pushd (PUSHD) has already gained over 22,000 sign-ups to its platform.

Without a doubt, Pushd (PUSHD) is the logical next development in the cryptosphere, as it finally gives cryptocurrencies a legitimate way to be actual currencies used as voluntary (as opposed to fiat) tender for goods. Pushd (PUSHD) is raising its hand as the hottest crypto presale of the year.

Conclusion

Utility is the name of the game. Investors need to be cautious about Shiba Inu (SHIB), but can confidently speculate on Filecoin and Pushd (PUSHD). Pushd (PUSHD) is currently in its 4th presale phase, and tokens are available at $0.075.

Find out more about the Pushd presale at their official website

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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