Why investors have stopped buying Dogecoin (DOGE) & Shiba Inu (SHIB) because Pushd (PUSHD) is taking the limelight

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Investors are changing their attention from Dogecoin (DOGE) and Shiba Inu (SHIB) to the new player, Pushd (PUSHD). Binance Futures introduced a new DOGE contract, and Robinhood is accumulating SHIB. Pushd distinguishes itself with a decentralized marketplace, a no-KYC policy, and a presale at $0.065 per unit. Providing quick transactions and governance rights, Pushd (PUSHD) is reshaping crypto investments, diverting interest from conventional options as investors look for innovation and lasting value in this changing landscape.

Dogecoin (DOGE): Binance Futures Launches USDC-Margined DOGE Perpetual Contract

Investor sentiment towards Dogecoin (DOGE) is undergoing a shift. Binance Futures recently introduced the USDC-margined DOGE Perpetual Contract, a novel trading feature. This enables traders to broaden their investment portfolio. Including DOGE on this futures trading platform might prompt investors to consider different options, which could result in a reduction of direct investments in DOGE.

As Dogecoin’s price hovers around $0.08032, Binance Futures’ strategic move reflects the growing demand for diverse trading products in the cryptocurrency market. With a circulating supply of 142.65 billion DOGE, the addition of USDC margining options aims to cater to traders seeking enhanced flexibility and alternative investment instruments.

Shiba Inu (SHIB): Robinhood’s Growing SHIB Stash Raises Eyebrows

Shiba Inu (SHIB), the second-biggest dog-related digital currency, is seeing a subtle change in investor focus. Robinhood, a major stock brokerage firm, has raised its holdings in SHIB. Shiba Inu (SHIB) fans observe Robinhood’s wallet increase from 35 million to 36.684 trillion SHIB in just 24 hours, indicating a possible shift in investor attention away from direct investments in SHIB.

On-chain data reveals a 1,542% spike in Large Holders Netflow for SHIB, indicating potential accumulation by whales. Large Holder Inflows have risen by 181%, signifying increased buying activity during a period of relative price lull. The live price of Shiba Inu (SHIB) is $0.000009, with a market cap of $5.58 billion. These developments suggest a complex landscape where investors might reevaluate their portfolios, possibly exploring alternatives.

Pushd (PUSHD): The Rising Star in Decentralized Digital Marketplaces

Different investors noticed Dogecoin (DOGE) and Shiba Inu (SHIB). Meanwhile, Pushd (PUSHD) is gaining importance in the cryptocurrency scene. It is a decentralized web3 marketplace, offering an alternative to well-known platforms like Amazon and eBay. Its distinctive characteristics, like not needing to Know Your Customer (KYC) details, quick deposits and withdrawals, and a swapping service, make it a notable choice for those interested in cryptocurrencies.

Pushd (PUSHD)’s Investor-Centric Approach: Presale Offering and Governance Rights

With its third stage presale going at $0.065 per unit, Pushd introduces a decentralized marketplace and offers incentives for presale investors. Revenue-sharing from platform fees, rewards for completing tasks, and governance rights based on holdings create a comprehensive ecosystem that prioritizes user and investor interests. The current presale environment sees Pushd as a high-potential asset at an accessible price, prompting experts to predict its future as a blue-chip cryptocurrency.

In conclusion, as the crypto landscape evolves, Pushd (PUSHD) stands out as a promising contender, drawing attention away from Dogecoin (DOGE) and Shiba Inu (SHIB) as investors seek innovation, inclusivity and potential long-term value.

Find out more about the Pushd presale at their official website.

*This article was paid for. Cryptonomist did not write the article or test the platform.