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The advent of inscriptions has significantly improved blockchain functionality, but Avalanche (AVAX) is suffering significant challenges from this ingenuity. On the other hand, the novel Sui (SUI) network is advancing with a remarkable rise in TVL. Despite the tumultuous situation, upcoming web3 marketplace, and e-commerce solution, Pushd surges in its ongoing presale. Let’s find out why.
Avalanche (AVAX) Plummet by 15%. Inscriptions Raises Efficiency Concerns
Avalanche (AVAX)‘s 15% decline in the past seven days has set tongues wagging about the effect of inscriptions on its scalability-focused framework. The unprecedented rise in Avalanche (AVAX) inscriptions closely mirrors the Bitcoin Ordinals frenzy.
According to Dune, over 100M inscriptions have been minted on Avalanche (AVAX). Although these inscriptions gave rise to the ASC-20 token standard, it is taking a toll on Avalanche (AVAX)’s efficiency.
Many reported that gas fees went up as high as $400 as experts questioned its scalability and sustainability. All these have put a strain on Avalanche (AVAX) tokens, and investors are already cutting their losses for more high-potential projects like Pushd.
Pushd’s E-commerce Solution Clinches New Presale Milestone
Since its launch, thousands of savvy investors have flocked to Pushd’s presale due to its appeal, innovative utility, and vision to disrupt the global retail market. Analysts have painted a bullish picture, anticipating Pushd’s potential to achieve significant price appreciation and lead a decentralized e-commerce and global retail market.
This optimism stems from Pushd’s unique proposition: a user-centric, secure, transparent marketplace. With Pushd, forget about those exorbitant fees, transaction delays, KYC verification, and restrictive policies. Beyond this, Pushd (PUSHD) users will unlock passive income by staking, farming, and holding Pushd (PUSHD) tokens.
A quarterly burn and locked liquidity are in place to preserve the token’s value. All these, and Pushd’s underpriced value of just $0.075 in stage 4, have made its presale a promising opportunity.
Sui (SUI) Take a Bullish Turn, TVL and Price Soars
A new beginning has no expiry date and Sui (SUI) has often proven that. From regulatory shadows to market ascendance, the Sui (SUI) network’s transformation in the crypto market is stunning.
Sui (SUI)’s object-centric design with Move Programming Language for scalable dApp and DeFi development made it unique. A few months after its launch, accusations of token manipulation threatened to derail Sui (SUI).
Yet, Sui (SUI) rose just unscathed with its defiant trajectory. In a mere three months, Sui (SUI) made its way to the top 50 cryptocurrencies after tripling its price. Its TVL had also propelled by over 2,200% to $356 Million, eclipsing Bitcoin and Cronos.
Conclusion
While Avalanche (AVAX)’s inscription caused scalability issues that plunged its price, Sui (SUI) rose from its ashes like a Phoenix. Meanwhile, Pushd’s presale transcends a mere ICO but a paradigm shift in e-commerce, bolstering analysts’ predictions of a potential 50x this year.
Find out more about the Pushd presale at their official website.
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