Monero’s (XMR)Binance exit sees huge transfer of Capital into Ethereum (ETH) & Pushd (PUSHD) presale for gains

Binance recently announced it will be delisting Monero (XMR) on February 20th, 2024, with the other three tokens. The announcement has seen Monero’s (XMR) holders pulling out their tokens and investing heavily in Ethereum (ETH) as well as Pushd (PUSHD). With Pushd (PUSHD), users are guaranteed optimum security and privacy. Monero (XMR) delisting has sparked conversations on what future token privacy entails. For Binance, Monero (XMR) delisting lies on the fact they are no longer meeting their listing standards and would rather let them go.

The move had affected Monero (XMR), tumbling the price down to $123.02 in the last 24 hours, a 6.8% decrease. The token is currently ranked at 40 in terms of market capitalization, pegged at $2B and a trading volume of $158M.

Ethereum (ETH), on the other hand, has spiked upward in the market, witnessing a 2.47% increase. As of today, Ethereum (ETH) is trading at $2,420.84 and a 24-hour trading volume of $10B.

Pushd (PUSHD) has become an avenue for Monero (XMR) holders to invest in an alternative token. With the Pushd (PUSHD) platform, users can buy, sell, auction and swap their tokens. Experts firmly believe the Pushd (PUSHD) token is about to become a future blue-chip crypto.

Monero (XMR) amidst Binance delisting

Monero (XMR), the top privacy-centric crypto, has been having the worst time following the news of Binance’s delisting. Kraken is the most popular exchange to buy and trade the tokens and Monero (XMR) has gone down by 61.40% in terms of market activities in the last 24 hours.

Since reaching its peak in 2018, Monero (XMR) has declined by 78.07% in comparison to its all-time high. In the last seven days, Monero (XMR) has been down by 25.30% against its peers in the global crypto market.

Monero’s (XMR) current price is one of its lowest since June 2022, indicating a market-struggling token that might never resuscitate. However, the token recorded its all-time low in 2015 when it was trading at $0.2162. If this continues, Monero (XMR) might go further down in the market.

Ethereum (ETH) experiences minor market changes

The Monero (XMR) news has seen its holders putting their holdings into Ethereum (ETH) and capitalizing on Pushd (PUSHD) presales, currently in stage four and trading at $0.080. Ethereum (ETH) is known as a Proof-of-Stake blockchain responsible for powering decentralized applications (dApps) via smart contracts.

It’s a unique platform in the sense that it allows for the creation of ERC-20 tokens. Its market activities in the last 24 hours have increased by 3.70% and its market price has increased by 6.90% in the last seven days.

Pushd (PUSHD) is the new way of trading

With Pushd (PUSHD), market traders and new Monero (XMR) holders will benefit from all the market benefits the token has to offer. The token will allow holders to benefit from the reward program when they complete a milestone on the platform. Pushd (PUSHD) will also simplify the complex way in which market traders have been trading.

The fast, secure and transparent transactions will allow traders to carry on with market activities without much worry and will also earn significantly from revenue fees proportional to their holdings as passive incomes.

Find out more about the PUSHD presale by visiting the website here

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Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.