Arbitrum (ARB) and Filecoin (FIL) Holders Rush to Buy Into Newly Launched Pushd (PUSHD) Presale

Arbitrum (ARB) and Filecoin (FIL) Holders Rush to Buy Into Newly Launched Pushd (PUSHD) Presale

Arbitrum (ARB) is a top 50 cryptocurrency with a market cap of $2.2 billion and an average daily trade volume of $1 billion. Interestingly, it becomes a top 10 cryptocurrency when you rank it according to daily trade volume.

Filecoin (FIL) is yet another interesting cryptocurrency. Originally scheduled to launch in mid-2019, its release was later pushed back to late 2020 after raising $205 million in an initial coin offering (ICO) in 2019.

Both of these tokens have enjoyed periods of success, particularly Filecoin (FIL) in the bull run of 2021. But the periods following that have been two years of a steady decline in market value. Thankfully, investors who may have lost some money to declining Arbitrum (ARB) and Filecoin (FIL) are finally getting a solid chance at recovery as they rush to buy Pushd (PUSHD) tokens.

Arbitrum (ARB) Investors Pulling Out Early

Arbitrum (ARB) is a relatively new cryptocurrency. While the Arbitrum protocol itself has been around for a couple of years, its utility token, ARB, was formally launched on 23 March 2023. Since then, it has gone through its fair share of highs and lows.

Since its official launch, Arbitrum (ARB) has experienced its fair share of price fluctuations. At some point, its value dropped to $0.76. Thankfully, it has risen by 60% in the last month, putting its current market value at about $1.78 as of writing.

Filecoin (FIL) Holders Holding Less

Fewer investors hold Filecoin (FIL) today than those who did two years ago. This is reflected in the decline in its daily trade volume over the years. Being an inflationary token hasn't helped much either as only a fraction of the Filecoin tokens that will ever exist, currently exist.

The implication of this inflationary method is that FIL's market value will likely dwindle in the future as more Filecoin (FIL) tokens flood the market. From an investor's perspective, this is not a good thing, as scarcity is often what elevates value.

Pushd (PUSHD) Saves the Day

Investors in Arbitrum (ARB) and Filecoin (FIL) can breathe easy as an alternative investment prepares to hit the airwaves. It's called Pushd (PUSHD). Unlike other cryptocurrencies, (Pushd) (PUSHD) provides a unique investment option, being the first decentralized online marketplace.

Being a decentralized e-commerce store means that Pushd (PUSHD) can run in a permissionless environment that gives vendors and buyers access to quick payments and transactions. The removal of the time-consuming KYC procedures that conventional e-commerce platforms have will also make the speed of transactions faster.

Pushd (PUSHD) is all about rewarding investors. That is why all investors are entitled to a fraction of the money earned in transaction fees. Investors can also be assured of long-term feasibility via the token lock mechanism that ensures liquidity on Pushd (PUSHD) remains long-term.

Pushd (PUSHD) is still in Stage 1 of its presale. It currently sells for only $0.035 with a total supply of 250 million tokens. Analysts are convinced that Pushd (PUSHD) might be a blue-chip crypto investment, and from the looks of it, we have to agree.

For more information about the Pushd (PUSHD) Presale, visit their website.

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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