The liberal market that is the crypto space promises a lot. Investors can turn small money into huge sums by backing the right token and buying at the right time. It is often made to sound complicated but at the root of it, all investors need to do is pick an investment and the perfect entry and exit points.
This is not to say it is easy, investors still have to do a lot of research to know which tokens are worth investing in before they commit their funds. This analysis helps readers make the first step and know what is going on in the market. The tokens we explore in this article are Litecoin (LTC), Polkadot (DOT) and Pushd (PUSHD).
Let's go.
Litecoin's (LTC) Continued Descent Worries Investors
Without mincing words, it has been an underwhelming first quarter for Litecoin (LTC). Litecoin (LTC) was expected to cross $100 this quarter. At many points, it looked set to do this. Till now, Litecoin (LTC) has failed to hit the mark and seems even further away from it.
Litecoin's (LTC) trends take it down to $78.41 as of press time. A massive 19.37% loss is recorded in just 7 days. This is still an improvement on its position at the start of March but profits continue to reduce for Litecoin (LTC) as the days count on. It may still end the month around the $78 - $85 range.
Polkadot (DOT) In Decline As Well
Litecoin's (LTC) decline is more common across the market. Polkadot (DOT) also saw a sizable decline in the last week. Polkadot (DOT) went down by 15% in that time. It had previously risen to $11 and made good strides. However, it saw a harsh correction that dragged its price down to $8.91. Since Polkadot's (DOT) decline could be more closely tied to the market, it could be reasonable to assume that it will turn green when market conditions improve. How long that could be remains to be seen.
Pushd (PUSHD) Selling Out
Pushd (PUSHD) is a decentralized global marketplace. Think about Amazon or eBay, but users can pay with many cryptos. Since it is decentralized, power will go to token holders and Pushd(PUSHD) will be more transparent and honest. It offers many utilities including lower fees, instant transactions and rewards for shopping.
Pushd (PUSHD) offers many amazing additions to how typical marketplaces work. Apart from crypto payments, Pushd (PUSHD) also gives opportunities to earn crypto by completing tasks. These far-reaching benefits make it a solid option.
This is the sixth stage of Pushd's (PUSHD) presale after five very successful stages. It sells for $0.125 per unit. This is still a competitively cheap price and the utility of Pushd (PUSHD) makes it worth it.
Its potential means the rewards could be massive. Most projections have Pushd (PUSHD) above 20x for expected returns this year. This is higher than most other tokens and the best option for investors.
Find out more about the Pushd (PUSHD) presale by visiting the website here.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.