With many shifts in money out of some established assets, like Litecoin (LTC) and USDC (USDC), and into promises, such as the Pushd (PUSHD) presale ventures, this month has seen huge shifts. While Litecoin (LTC) has demonstrated its dominance over the other cryptos with its pay volume, USDC (USDC) historic returns fuel many speculations on the dynamics.
In this growth, Pushd (PUSHD) has positioned itself to facilitate and support the democratization of digital transactions in the e-commerce space, featuring blockchain. This article captures the changes and what these cryptic coins portend for an investor eyeing opportunities and what promises Pushd (PUSHD) offers after the launch of its platform in a landscape that is fast changing within the dynamic cryptocurrency market.
Litecoin (LTC): Dominating Crypto Payment Volume
Litecoin (LTC) asserts its dominance in crypto payment volume, laying the biggest claim on BitPay with 41.76% of the aggregate ahead of Bitcoin (BTC) and 24.36%. While the spot Bitcoin (BTC) ETF success drove a recent price rally for Bitcoin (BTC), statistics from BitPay have shown that its usage in payments hasn’t matched the traction of Litecoin (LTC). Amid several options for cryptocurrencies, it is a leading position attributed to the growth of Litecoin (LTC) as a digital transaction asset.
USDC (USDC): Unprecedented Returns and Speculations
Stablecoins such as Tether (USDt) and USDC (USDC) accrue interest of between 20-30% from the collateralized loans that users take on platforms like Compound, said ShapeShift CEO Erik Voorhees. This has to be lucrative, raising questions on the underlying dynamics and the potential involvement of big financial players converting bank fiat into stable coins for yield. However, in the face of all the speculations, Voorhees agrees that there are uncertainties and therefore, wants the community to give him their thoughts. The responses hint at the possibility of a “stables squeeze” due to farmers/leverage traders, reflecting on the sustainability of the current rates.
Pushd (PUSHD): Democratizing E-Commerce with Blockchain
Pushd (PUSHD) is to be positioned as a disruptive e-commerce firm leveraging blockchain technology for the development of a secure and open platform for online shopping. The project wants to bring democratization into e-commerce through smart contracts, enabling trustless and intermediary-free transactions. In the sixth stage of the presale, Pushd (PUSHD) offers $0.125 per token and easily, any decentralized platform can find its charm in reshaping digital transactions.
Decentralized commerce is poised for a makeover and Pushd (PUSHD) stands at the vanguard of making it happen, with the golden chance opening up for their investors to be part of an evolving landscape.
Find out more about the Pushd (PUSHD) presale by visiting the website here.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
