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The crypto space is an industry full of opportunities and sometimes missed opportunities. USDT holders and Cardano (ADA) whales are gravitating towards Pushd (PUSHD), a new e-commerce platform that will leverage blockchain technology to improve user experience.
USDT nears $100 billion market cap
USDT, the market leader in the stablecoin segment, has a market cap of $97.8 billion and is close to reaching $100 billion.
On Jan.29, Tether Treasury minted $1 billion USDT.
By converting USDT into various cryptocurrencies, traders are pointing out that they are bullish.
Cardano leads in project failures
Cardano, a top-ten blockchain project, is home to the lion’s share of crypto projects that have been declared dead or failed by the research platform AlphaQuest.
The research platform concluded that as of 2023, more than 65% of cryptocurrencies are no longer in existence and qualify to be classified as dead coins.
However, this does not mean that Cardano is a dead blockchain.
Cardano has an upgrade Plutus V3 Upgrade planned for the future.
ADA is up more than 47% in the past year after its price increased from $0.3924 to $0.5804.
Demand for Pushd is growing
Pushd is an upcoming e-commerce giant that uses blockchain technology to offer users a secure, transparent platform with decentralized governance.
The end goal for Pushd is to disrupt a market worth $6 trillion.
Investors are exploring Pushd because of its relevance in the e-commerce industry and how it was carefully planned to help them see sizable returns on their investments.
Pushd has a revenue sharing model that will see presale investors get a share of the revenue generated on the platform.
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