As Pushd (PUSHD) moves into the fourth round of its presale launch, there has been a lot of interest in the platform. Some well-known currencies, such as Solana (SOL) and Shiba Inu (SHIB), have had significant corrections throughout the last 48 hours and have been volatile.
Shiba Inu under duress
SHIB is dumping, sliding 23% in the past year.
It is also down 90% from its all-time high recorded in October 2021.
Accordingly, holders appear to be exiting despite hopes of a crypto bull run in the coming months.
Solana traders taking profits
SOL is under pressure after a strong rally in December, retracing from recent highs.
The coin is trading at around $88 when writing.
The correction is likely due to traders exiting and taking profits.
Pushd presale draws investors
Pushd, an upcoming decentralized online marketplace, is in stage four of its presale.
There are over 22,000 sign-ups, pointing to investor interest. Thus far, PUSHD is available for $0.075.
Pushd aims to launch a decentralized eCommerce platform without strict know-your-customer (KYC) requirements and high transaction fees.
The platform allows PUSHD holders to stake and receive rewards.
Early investors can also enjoy VIP benefits such as a debit card linked to their wallet, access to a free swap service, and a revenue share model that rewards them with more tokens.
Market analysts are bullish, expecting PUSHD to rally in the months ahead.
