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The post Is Chainlink (LINK) and Uniswap (UNI) going to crash? Exploring Pushd (PUSHD) as a Safe Haven appeared first on Coinpedia Fintech News
The crypto industry abounds with several projects and tokens surfacing to solve the pressing problems of blockchain and create a means of income for investors. One such innovation is Pushd (PUSHD), a Web3 marketplace reshaping how we buy and sell online. Investors are running to its ongoing presale as analysts deem it to be a haven against the fading potential of Chainlink (LINK) and Uniswap (UNI).
Chainlink (LINK) disappoints investors with erratic price movement
Chainlink (LINK) is a decentralized data oracle network incorporating real-world data into smart contracts. Following the gradual recovery from a bearish cycle, the Chainlink (LINK) token experienced some highs, rising by over 125% in 3 weeks on November 9, 2023, and reaching $16.60. However, this recovery was short-lived as it dropped by 22%, declining to $12.87.
Unfortunately, analysts believe Chainlink (LINK) is still at risk of going lower as its outlook is severely bearish. All this volatility and instability has made investors lose interest in the Oracle token.
Uniswap (UNI) fails to retest all-time high
Like Chainlink (LINK), Uniswap (UNI) has lost its stance since attaining an all-time high price of $44.97 in 2021, almost three years ago. Barely a month after attaining ATH, the Uniswap (UNI) token steadily declined, dropping by over 62%, reaching $16.74.
It increased to $31.34 in September 2021 but crashed to $3.637 in June 2022, decreasing in value by over 88%. Currently, UNI trades at $5.84, and while that signifies an increase, it has failed to attain its ATH of 2021.
Uniswap (UNI) has ushered in a new age of decentralized asset trading with its Automated Market Maker DEX. Still, the massive pulldown has, without doubt, raised concerns about its long-term prospects.
Pushd (PUSHD), the world’s first Online Web3 Marketplace
As Chainlink (LINK) and Uniswap (UNI) nearly crash, Pushd’s presale has provided a raft as a genuine haven for investors. Pushd is revolutionizing the world of online marketplace by using blockchain to create an environment where buyers and sellers can transact fully decentralized.
Compared to traditional marketplaces like eBay, Pushd features innovative first-of-its-kind services, including a built-in swap protocol, customer care portal, no-KYC registration, and revenue sharing program. In the interests of security and transparency, the project has been fully audited, and all transaction records are open to users.
Pushd’s native and governance token, $PUSHD’s value-driven utility continues to pique investors’ interest. The token has risen by over 100% to $0.0075 in stage 4. So far, Pushd presale has recorded over 22,000 signups and over 5,850 holders, and the party’s just getting started.
Conclusion
Pushd has recorded significant success in its presale stages; even more, it is a one-of-a-kind project that aims to reshape online marketplaces. All these factors have made experts speculate that it has the potential to outpace Chainlink (LINK) and Uniswap (UNI).
Find out more about the Pushd presale at their official website.