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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

Do Polkadot (DOT) Price Struggles Mean More Gains for Celestia (TIA) and Pushd (PUSHD) This Month?

NewsBTC
NewsBTC
1 year ago
2 mins read

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Crypto markets are showing handsome gains for some coins as the rally ahead of the Bitcoin (BTC) halving event revs up. While Celestia (TIA) and the Pushd (PUSHD) presale make massive progress in the early weeks of 2024, Polkadot (DOT) has struggled to make headway. Here’s what this means for each coin this year.

Polkadot (DOT): Offering interoperability and scalability but facing uncertainty

Polkadot (DOT) was founded by Ethereum co-founder Dr. Gavin Wood to resolve the issue of scalability and cross-chain functionality within the blockchain arena.

As a result, Polkadot (DOT) uses parachains and specialized blockchains to allow developers simple access to cross-chain solutions that enhance the quality and functionality of dApps.

This flexibility has led to Polkadot (DOT) becoming one of the most popular development spaces on the crypto market. Yet, its price has fluctuated over the past month, showing less than 1% growth at the time of writing. As other coins take to the skies, what this means for Polkadot’s (DOT) short-term future is being anxiously speculated over by investors.

Celestia (TIA): DIY blockchain enjoying price pumps

Celestia (TIA) is taking scalability and versatility to a new level with its Layer-1 solution, allowing developers to build customizable blockchains and dApps with maximum scalability and minimal overhead costs.

This effective “DIY” blockchain is a unique advance in the crypto evolution, and this has been reflected in the Celestia (TIA) price performance from the moment it launched.

After enjoying nearly 10x increases from its launch price of around $2 to more than $20 within a couple of months of its launch, Celestia (TIA) has slipped slightly to $17.60 at the time of writing. Yet, it remains a bright star ahead of the expected upcoming bull run for investors.

Pushd (PUSHD): E-commerce newbie in presale heaven

With the global e-commerce market worth $6 trillion, Pushd (PUSHD) has a massive slice of the cake to aim at with its decentralized online marketplace. Using blockchain to put buyers and sellers in direct contact without high transaction fees and long waits to access funds, Pushd (PUSHD) has captured the imagination of thousands of investors.

The first three stages of the Pushd (PUSHD) presale sold out in 20 days, and stage four is in full swing, with tokens priced at just $0.075. It’s already gained more than 18,000 users and 3,700 investors, each seeking to be a part of the next big crypto sensation.

Conclusion

As Pushd (PUSHD) looks to take on e-commerce giants like Amazon and eBay, it faces an incredibly bright future, while established projects face a less certain future.

Although Celestia (TIA) looks strong 2024 so far, Polkadot (DOT) appears to have hit the buffers. Investors seeking a genuinely exciting and innovative way forward should consider being part of the Pushd (PUSHD) revolution and enjoy the ride in 2024.

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

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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The highest standards in reporting and publishing
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