Sei (SEI) Faces Price Hurdles, Polygon (MATIC) Volume Drops, Pushd (PUSHD) Presale Hits New Highs

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Over the past weeks, Sei (SEI) and Polygon (MATIC) have seen substantial declines in price and trading volume. However, the attention of most investors is on Pushd (PUSHD), one of the fresh projects in the crypto industry with massive potential. It has experienced significant success as its presale reaches stage 4, and analysts expect it to see more growth and adoption as the year unfolds. 

Sei (SEI) – Continues to Decline

The Sei (SEI) project’s  sustainability is under question due to the absence of a well-established application and a user base. Unlike more versatile blockchains, its initial use is focused more on high-frequency trading.

Earlier this year, Sei (SEI) hit an all-time high of $0.8779 thanks to the bullish trend during the period. But the upswing didn’t last, and the token’s value has steadily fallen. Sei (SEI) has declined by 22% in the last seven days and is trading at $0.6008, casting doubt on its long-term investment potential.

Polygon (MATIC) – Sees Drop in Volume

Layer-2 scaling solution Polygon (MATIC) has been falling in price recently, losing 10% in the last week and reaching a low of $0.6939. Analysis also reveals a 36% decline in the daily transaction volumes on its network over 30 days.

Despite briefly surpassing the $1 mark in the last quarter of 2023, Polygon (MATIC) has experienced a notable outflow of capital. The diminishing performance of the platform suggests a growing preference for alternative Layer-2 solutions. Most Polygon (MATIC) investors are now exploring new opportunities in 2024.

Pushd (PUSHD) – Presale Hit Major Success

The new entrant Pushd (PUSHD) has continued to make waves in the blockchain sector. This project will revolutionize the Web3 marketplace and likely dethrone the likes of eBay and Amazon. One of Pushd (PUSHD)’s main attractions is that it’ll eliminate the need for KYC checks and introduce seamless transactions with lower fees. Moreover, token holders will participate in the network’s governance and be rewarded for completing tasks.

Pushd (PUSHD)’s presale generates a lot of buzz and has hit significant strides since it started. It’s currently in stage 4, with over 22,000 user signups and over 5,850 token holders since it started. The substantial investor interest in the project saw stages 1, 2, and 3 sell out in under three weeks. Investors yet to join still have an opportunity to do so since it’s currently at the bargain price of just $0.075.

Why Pushd (PUSHD) Edges Sei (SEI), and Polygon (MATIC)

While Sei (SEI) and Polygon (MATIC) have seen substantial price declines, Pushd (PUSHD) has hit new heights during its presale. Market observers predict it will experience 40x growth and become one of the year’s best investments. Hence, many investors are seizing the opportunity to become part of the project in its infancy.

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.