The content and materials featured on this page are for educational purposes only. The market has shaken up once again. Even the best-performing tokens are down by over 30% now. Two of these tokens include Bittensor and Filecoin.
Their investors have taken a hit and are now moving their funds into projects with promising returns. Filecoin was the first ever decentralized storage network, which boosted to the all-time high value of $237.24 in 2021. But, due to a loss of interest by investors, its price took a hit and fell steeply by over 97%. The Relative Strength Index, an important indicator for traders, is at 32, indicating a slight Selling sentiment.
However, the MACD is indicating a strong sell. This shows that Filecoin is generally bullish, and investors spend their money regularly. Because of this negative sentiment surrounding Filecoin, its investors are betting on Pushd’s presale. Pushd will be the world’s first decentralized marketplace in the $6 trillion e-commerce sector.
Only a week back, Bittensor touched its ATH value of $767.68, but it has declined by over 40% due to overall market conditions. Currently, its price is trading at around $450, with strong support at $540 and strong resistance at $508. The RSI value for Bittensor is 43, indicating a Neutral sentiment. However, the -15.7 value on the MACD shows that the overall market sentiment is bullish or the selling pressure is currently high.
Although Bittensor could see some positive growth in the future, we believe that it’s better to look at other projects with more growth potential, such as Pushd. It is currently in stage 6 of the presale, and its tokens are available at a low price. Here, users can buy and sell goods globally by leveraging the power of blockchain technology. This unique proposition has caused Filecoin and Bittensor investors to take their money from them and put it into Pushd’s presale.
It is currently in stage 6 of presale with a per-token price of only $0.144. The project has already passed the audit and is all set to debut. Joining Pushd’s marketplace is effortless, as there’s no need for KYC. Apart from that, sellers will have their money instantly, which is a big relief, especially for eBay and Amazon sellers.
The liquidity lock of 20 years and the team-tokens lock of 700 days show how committed they are to providing a platform with a seamless and user-friendly interface without the chance of a rug pull. We would highly recommend checking Pushd out. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
