Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . If you encounter any issues, kindly report them to [email protected]. Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest.
Cardano (ADA) and Polygon (MATIC) are examples of established big-cap tokens that generated tremendous gains for their earliest investors. However, they have seen their parabolic growth stages come and go. ADA and MATIC are facing more intense competition from new and innovative projects launching almost every day. In 2024, one project in its presale phase is at an ideal position to outpace Polygon and Cardano. Its decentralized e-commerce platform Pushd (PUSHD), and it’s an early favorite to become one of the year’s top presale events.
Polygon (MATIC) Slips After Regulatory Crackdown
Polygon (MATIC) wasn’t left unscathed by the regulatory crackdown in the United States, after being among the cryptocurrencies labeled as securities. This has caused a decline in MATIC price performances throughout 2023. To start 2024, Polygon (MATIC) prices are trading around the critical support zone of $0.84, having fallen by 13% since the beginning of the year. The lackluster performances of MATIC and its regulatory woes could trigger fears of a sell-off and a further dropoff in price as 2024 goes on.
Cardano (ADA) Cools Off a Bit
Cardano (ADA) entered the new year trading at $0.61. Despite a strong performance in the last quarter of 2023, Cardano fell short of predictions it would hit $1. While ADA has cooled down by 11% since the beginning of the year, currently trading at $0.53, Cardano is still up by 20% in the past month, with its price set to test the $0.65 mark in January 2024. Greater Cardano adoption is driving the token’s resurgence, not to mention increasing staking rewards rising transactions on the blockchain. However, Cardano would need to sustain its pace and avoid falling below critical support levels to prevent a reversal of fortunes.
Pushd (PUSHD) Presale Drawing Significant Attention
Pushd (PUSHD) has been identified by crypto analysts as one of the best investment opportunities in 2024. Pushd is building the world’s first global decentralized alternative to Amazon. The Web3-enabled ecommerce platform will solve the problems of centralization inherent to platforms like Amazon and eBay. This includes draconian KYC policies, exorbitant transaction and listing fees, and poor integration with crypto natives. Pushd’s vision is to build a robust and global online marketplace offering the best user experience on Web3. This will solve a need for a viable alternative in the blockchain niche.
Currently, Pushd is running its presale event, with its PUSHD native token available at a discounted price of $0.048 during Stage 2—a bargain considering crypto observers forecast a potential 20x for the token in 2024. Holding PUSHD enables investors to earn additional income through revenue sharing on the Pushd marketplace.
Since announcing its presale launch, Pushd has attracted over 8,000 registered users and sold out its Stage 1 token allocation within 5 days, indicating the traction and explosive price appreciation potential PUSHD has in store for 2024.
Join the Web3 Ecommerce Revolution with PUSHD
If you missed out on investing in Cardano and Polygon early into their respective lifecycles, don’t despair—Pushd offers prospective investors the ideal investment opportunity ahead of the next bull market. Join the PUSHD token presale event today and be at the forefront of gains in 2024.
Find out more about the Pushd presale at their official website.
Source: https://finbold.com/analyst-predicts-pushd-pushd-to-be-the-best-investment-of-2024-over-the-likes-of-polygon-maticand-cardano-ada/