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West TimelinesWest Timelines
Home»Business»Crypto
Crypto

Investors in Stellar and Cosmos Take the Lead

April 21, 2024No Comments3 Mins Read
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The recent developments in the crypto community include the approval of Bitcoin and Ethereum spot ETFs in Hong Kong and the upcoming Bitcoin halving, leading to increased market volatility. Following a mini bull run, the market has since turned bearish, causing investors to look for new opportunities. Amidst this market correction, investors in Stellar and Cosmos have shifted their focus to the presale of Pushd, a new decentralized marketplace protocol expected to increase in value by 2024.

Cables Finance recently joined the Stellar network as the first DEX to launch on Soroban, Stellar’s smart contracts platform. This collaboration signifies the growing connection between traditional finance and blockchain technology. Stellar, known for its quick and cost-effective digital money transfer capabilities, facilitates global transactions without the need for banks or additional fees. Pushd, which shares similar decentralized features, is attracting Stellar investors during its presale phase, offering a new online marketplace experience with lower fees and simplified processes.

Zignaly launched ZIGChain on Cosmos at Token2049 in Dubai, introducing a new blockchain platform backed by a $100 million fund for development. The platform aims to provide user-friendly infrastructure to help users generate wealth through effortless wealth management services on top of DeFi protocols. With ZIGChain’s focus on simplifying complex processes for users, the partnership with UDHC aims to enhance the overall user experience and offer seamless access to DeFi protocols.

Pushd’s presale stage is currently underway, with the online e-commerce marketplace utilizing Web3 technology to disrupt the traditional online shopping experience. By eliminating the need for extensive KYC verification and offering lower fees, Pushd aims to make online shopping fairer and more accessible to users. Additionally, the platform provides unique benefits such as revenue sharing and staking opportunities through its own Pushd token. With the presale entering stage 6 and token prices at $0.144, analysts anticipate a potential 100X increase in value post-launch, making it an attractive investment opportunity for interested investors.

In conclusion, the crypto community is witnessing significant advancements, including the approval of ETFs in Hong Kong, the upcoming Bitcoin halving, and the emergence of new projects such as Pushd and ZIGChain on Cosmos and Stellar networks. As investors navigate through market volatility and seek new opportunities, these innovative projects offer a glimpse into the future of blockchain technology and decentralized finance. With the potential for exponential growth and unique features, Pushd’s presale phase presents a compelling investment opportunity for those looking to participate in the evolving crypto landscape.

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