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Monero (XMR) is facing an existential crisis as liquidity is fast drying up on the few exchanges it is still listed on. Meanwhile, while BNB (BNB) is no stranger to regulatory hurdles, it has grown substantially in 2023. However, all eyes are on Pushd (PUSHD) as its presale takes the market by storm after registering over 12,000 participants within two weeks of launching.
BNB (BNB) On the Path to Recovery
Binance and its token BNB (BNB) has had its fair share of regulatory hits in 2023, after coughing up $4.3 billion to settle criminal money laundering charges levied by the U.S. Department of Justice last November 2023. Nevertheless, Binance (BNB) has survived despite recording a paltry 0.7% growth in the past 12 months—and it’s poised for recovery in 2024 after growing its user base by 30% more users in 2023. The Binance ecosystem gained 40 million new users as it puts its regulatory woes behind it. This could signal growth for BNB this year.
Whales Leaving Monero (XMR) After Regulatory Crackdown
Monero has been the granddaddy of all privacy coins—but in 2024, it is in danger of getting fully wrung out of the market as exchange after exchange delists the token from trading. In January, XMR pairs were delisted from OKX, and, perhaps even more devastatingly for Monero, Binance. Monero was deemed to not have fulfilled OKX and Binance’s listing criteria, leaving Monero holders scrambling to dispose of their holdings in favor of projects like Pushd.
Will Pushd (PUSHD) Outperform BNB (BNB) and Monero (XMR)? Analysts Believe So
Disenfranchised Monero and BNB holders are finding hope by diversifying into Pushd (PUSHD), which is making a splash in the crypto world after drawing over 12,000 participants in its presale. The PUSHD token presale successfully sold out two consecutive stages and is poised to do the same in the current third stage. With robust demand from the outset, analysts foresee PUSHD as a standout performer in the coming year, and ultimately outperform Monero and BNB in 2024. Between the Bitcoin ETF approval, the Bitcoin halving, and the bull market expected shortly thereafter, market observers anticipate PUSHD to achieve a 30x gain or possibly more by year-end.
Pushd aims to construct a vibrant decentralized online marketplace to provide a viable decentralized alternative to Amazon and eBay. It sidesteps the issues linked to centralized platforms by offering an all-inclusive decentralized hub with low fees, straightforward KYC, and strong Web3 features. Additionally, PUSHD token holders stand to earn a share of marketplace fees, providing an extra income stream to its fast-growing investor base and incentivizing them. Moreover, the PUSHD development team will implement a liquidity lock on the platform to ensure the long-term profitability and growth of the platform in the years to come.
Pushd (PUSHD) Presale Expected to Deliver Superior ROI in 2024
Monero and BNB holders are diversifying into Pushd given the latter’s superior potential to deliver a better return on investment in 2024. Be at the forefront of the decentralized ecommerce revolution and save your spot on the Pushd presale while slots last.
Find out more about the Pushd presale at their official website.
Source: https://finbold.com/as-investors-cash-out-of-monero-xmr-and-bnb-bnb-the-pushd-pushd-presale-is-taking-the-market-by-storm/