Filecoin surging as ICP falls, Pushd rallying in presale
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Filecoin is invested in protecting humanity’s memories, rolling out a decentralized storage solution. The creators of Internet Computer (ICP) saw what the current blockchain design looked like and they felt they could make it better and they did. It is designed to be the first “world computer” that has the power to build any virtual online service or system.
Pushd (PUSHD) was made to rethink how we shop online. It is a decentralized online marketplace that is about to launch.
The project has attracted investors of Filecoin (FIL) and Internet Computer (ICP). Most are now considering the token in the ongoing presale.
Filecoin surging, ICP under pressure
Filecoin is on a tear. Last month, it rose 94%.
Despite this, holders are looking to explore alternatives and diversify their portfolios. some are exploring projects like Pushd.
Meanwhile, ICP holders are under pressure.
In 2021, ICP rose to $750 before plunging to spot levels, of around $13, when writing.
Analysts looking at Pushd
Pushd is a decentralized online trading platform. Users will be able to buy and sell everyday items using coins.
Users enjoy fast withdrawals and deposits.
Being on the blockchain means that transactions happen directly between buyer and seller, no third party is needed.
This drastically reduces the transaction fees and makes transactions faster.
PUSHD holders will be rewarded when they reach certain milestones.
They will, for instance, participate in governance, submitting improvement proposals.
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