Stellar and Cardano are two tokens that have repeatedly attracted investors. Aptos is a highly scalable and secure layer-1 blockchain. Cardano is a decentralized Proof-of-Stake (PoS) blockchain designed to be more efficient than blockchains that rely on Proof-of-Work (PoW). Stellar and Cardano are not equal in market capitalization; there is a big difference: $3.26 billion for Stellar and $16.6 billion for Cardano. The cost of 1 Cardano surpasses that of 1 Stellar Lumen XLM, trading at $0.113 compared to $0.47 per Cardano.
Despite these tokens’ popularity, many investors are switching to newcomer Pushd. Reason may be the world’s first decentralized online marketplace; Pushd offers solutions to the problems of the rapidly growing global e-commerce industry.
What you'll learn 👉
Stellar Again Losing Momentum
After a strong correction, Stellar retraced 25% from the bottom, however after the rejection from the 20 MA it looks like it’s losing its momentum. If the price starts again in the downtrend, we can see the biggest correction in recent times. While the coin gained some momentum in the mid April it’s down more than 3% in the last 3 days. While some analysts and investors maintain a bullish sentiment, many others are looking at alternative assets like Pushd.
Cardano Rejecting From 200 Days Moving Average
Cardano’s price rejects from the 200 DMA, it typically means that the price has attempted to surpass this long-term average but has failed to maintain momentum above it. This rejection could indicate a lack of sufficient buying pressure to sustain prices above this critical level.
The 200-day moving average (200 DMA) is particularly significant because it represents a long-term trend. When the price of an asset crosses above or below the 200 DMA, it can signal a potential shift in the overall trend. If the price is above the 200 DMA, it indicates a bullish trend, while a price below the 200 DMA suggests a bearish trend.
Investor Pouring Money into the Presale of the Pushd
Pushd is breaking new ground as the world’s first decentralized online marketplace, tackling the challenges faced by the fast-growing global e-commerce industry. By making decentralization, security and transparency its main priorities, it provides a user-friendly and affordable alternative to traditional marketplaces.
Pushd stands out because:
- No KYC verification.
- Instant deposits and withdrawals.
- Lower transaction fees.
The ongoing 6th stage of its Presale is becoming a huge hit, with investors buying tokens at just $0.144. Those who invested in the Presale not only gain governance rights but also receive a share of the revenue generated from transaction fees on Pushd.
For more information about the Pushd Presale, visit their website.
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