One event that has characterized the ongoing bull market is investors diverting their institutional investment portfolios from the old tokens to accommodate new ones. These investors are shifting their taste to new tokens with huge potential and practical utilities.
One such new token with huge potential and practical utilities is Pushd (PUSHD). Since it began selling in presale, Pushd (PUSHD) has recorded an increase in institutional investors’ movement.
Pushd (PUSHD) Promises Online Shopping Revolution
Pushd (PUSHD) has the first-mover advantage as the first web3 platform with a fully decentralized marketplace where buyers and sellers meet to transact. Unlike other marketplaces with a long requirement to register as a seller or buyer, Pushd (PUSHD) has a simple signup process that requires no KYC.
Pushd (PUSHD) has a global coverage where location is not a barrier for a seller to meet a buyer. Moreover, the Pushd (PUSHD) token is a unified currency acceptable on the platform. For buyers and sellers with other tokens, Pushd (PUSHD) has a swap service where users can exchange from one crypto token to another with 0% commission. This swap service is instant and works anywhere around the world.
The debit card feature also allows you to make purchases over the counter. This debit card enables you to spend funds directly from your wallet.
Pushd (PUSHD) has a VIP program for investors with huge portfolios and this package comes with account managers, cashback and interest payments. All these features are available on Pushd (PUSHD) at stage 6 of its presale for $0.125.
Pushd (PUSHD) Tether (USDT) Holders Ready To Divert To Fezoo (FEZ) Amidst Regulatory Concerns
Tether (USDT) holders are optimistic about a fair chance and a level playing ground ahead of the Pushd (PUSHD) launch. You would recall that over the years, several exchange and trading platforms have restricted transactions with Tether (USDT), while some are delisting Tether (USDT) primarily because of the regulatory issues surrounding this stablecoin. This makes it difficult for Tether (USDT) holders to make transactions and use several marketplaces.
With Pushd (PUSHD), there are no restrictions on which token you can use for transactions. Pushd (PUSHD) supports all tokens and has a swap feature for instant exchange with 0% charges. This constitutes the primary reason why Tether (PUSHD) investors are rushing to Pushd (PUSHD) in its presale, available for just $0.125.
While there is growing interest in Pushd (PUSHD), Tether (USDT) remains unperturbed as it leads the stablecoin frenzy. Tether (USDT) has recently surpassed the $100 billion market capitalization with a margin of $70 billion compared to its closest stablecoin rival, USD Coin (USDC). According to CoinMarketCap, Tether’s (USDT) market cap has risen to 103.74 billion.
USD Coin (USDC) Defies Regulatory Challenges
USD Coin (USDC) suffers the same fate as Tether (USDT) due to restrictions on where and how to use these stablecoins. Several exchanges and marketplaces have blocked users from making and receiving payments using USD Coin (USDC). This decision seems too harsh as no evidence shows that USD Coin (USDC) and Tether (USDT) violate regulatory requirements.
Despite this blacklisting, USD Coin (USDC) is recording increased market movement as the market cap has grown to $31.35 billion. Analysts attribute this surge to the bull run and expect more investors to troop to the USD Coin (USD).
Find out more about the Pushd (PUSHD) presale by visiting the website here.