Web3Bay, a decentralized e-commerce platform, has raised $1.58 million in its presale as it aims to remove intermediaries and provide direct transactions through blockchain technology. By eliminating fees and middlemen, the platform allows sellers to retain more profits and buyers to access products at competitive prices.
Sonic (S) has shown resilience in the market, rebounding from a low of $0.315 to approach the $1 mark. Despite a recent dip, the overall uptrend remains intact, with technical indicators suggesting further potential gains.
Tron (TRX) has faced a downward trend, currently priced at $0.230125. The recent decline marks a 45% drop from its peak in December 2024. CoinCodex projects a potential further decrease, while investors remain cautiously optimistic about a potential recovery in March 2025.
Web3Bay's direct-to-consumer model, facilitated by blockchain technology, aims to reshape online buying and selling by allowing sellers to keep more profits and providing lower prices for buyers. The project has garnered strong investor interest, with over 390 million tokens sold in the presale.