USDT nears $100 billion market cap as Cardano faces scrutiny for project failures. Pushd, an upcoming e-commerce platform leveraging blockchain, attracts investors with revenue sharing model.
The cryptocurrency realm presents a landscape ripe with potential opportunities, alongside occasional oversights. Individuals holding USDT and sizable investors in Cardano (ADA) are increasingly turning their attention towards Pushd (PUSHD), an emerging e-commerce platform poised to revolutionize user experience through blockchain integration.
USDT Approaches $100 Billion Market Cap Milestone
USDT, reigning as the leading stablecoin in the market, inches closer to the monumental $100 billion market capitalization, currently standing at $97.8 billion.
January 29th witnessed the Tether Treasury minting a staggering $1 billion worth of USDT.
Traders signal their bullish sentiment by diversifying their holdings into various cryptocurrencies.
Cardano Faces Challenges in Project Viability
Cardano, ranking among the top-ten blockchain projects, harbors a significant portion of crypto ventures marked as defunct or unsuccessful by AlphaQuest, a reputable research platform.
AlphaQuest's findings reveal that as of 2023, over 65% of cryptocurrencies have faded into obscurity, meeting the criteria of 'dead coins'.
Despite this, Cardano remains an active blockchain, with plans for the Plutus V3 Upgrade on the horizon.
ADA demonstrates resilience, exhibiting a remarkable 47% surge over the past year, transitioning from $0.3924 to $0.5804.
Pushd Witnesses Escalating Demand
Pushd emerges as a prospective titan in the e-commerce realm, harnessing blockchain technology to furnish users with a secure, transparent platform governed by decentralization.
Positioned to disrupt a market valued at $6 trillion, Pushd garners investor attention owing to its strategic relevance in e-commerce and promising returns.
Operating on a revenue-sharing model, Pushd pledges to allocate a portion of platform-generated revenue to presale investors.
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