Published
5 months ago on
January 15, 2024
Table of Contents
- Ripple (XRP) buyback to restore investor confidence?
- Cardano (ADA) over 120% in 3 months, could be facing a reversal
- Could Pushd (PUSHD) be the 2024 option?
The volatile nature of the market means investors have to stay abreast and act fast to make the right moves for their investments. This analysis will provide readers with the most relevant recent information about Ripple (XRP) and Cardano (ADA). We will analyze their recent performances, what the experts think and also look at Pushd (PUSHD), a new crypto project that promises to revolutionize global ecommerce using blockchain technology.
Ripple (XRP) buyback to restore investor confidence?
Ripple Labs recently announced its decision to buyback over $285 million worth of shares in Ripple (XRP) from early investors in a 12 month program. The move, said to reflect Ripple’s (XRP) confidence in its financial strength, will be funded by cash reserves and profits. Analysts expect this to have a positive effect on the price of Ripple (XRP) but investors are watching closely.
Ripple (XRP) currently trades at $0.5731, down by 4.2% in the last 24 hours. Ripple (XRP) will hope that its buyback increases investor confidence, and with it, the value of Ripple (XRP).
Cardano (ADA) over 120% in 3 months, could be facing a reversal
Decentralized blockchain, Cardano (ADA) has been on a good run over the last 90 days. The value of one unit of Cardano (ADA) has risen by 137% compared to three months ago. According to CoinMarketCap, Cardano (ADA) currently trades around $0.546 per unit.
The coin reached $0.60 per Cardano (ADA) some days ago, and investors will be hoping it can return to, and maintain that range. Today's prices represent a 4.7% increase in 7-day charts but a worrying 14% decline in 30-day charts and 6% decline in 24-hour charts.
Could Pushd (PUSHD) be the 2024 option?
Analysts answer the question with a resounding yes, and give many good reasons for their decision. Pushd (PUSHD) is still in its presale phase, and costs $0.06 per Pushd (PUSHD), which makes it a cheaper investment than other established tokens such as Ripple (XRP) and Cardano (ADA). With its high potential, the rewards are great for such a low cost asset.
Its first-mover advantage into the global ecommerce industry, worth up to $6 trillion, make it an attractive prospect. Experts also point to Pushd’s (PUSHD) 250 million supply as another reason it could be the best 2024 option.
Its rewards system adds strength to the argument for Pushd (PUSHD) being the best 2024 option. Investors get rewards for certain tasks and milestones with the unique rewards program. Presale investors also get returns in the form of revenue generated from transaction fees on the platform.
By most metrics, Pushd (PUSHD) looks like a blue-chip project in the making. We align with analysts who think Pushd (PUSHD) could be the best 2024 crypto.
Find out more about the Pushd presale at their official website
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.
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