Why investors from Ripple (XRP) Solana (SOL) and Avalanche (AVAX) and buying into the new Pushd (PUSHD) presale
The post Why investors from Ripple (XRP) Solana (SOL) and Avalanche (AVAX) and buying into the new Pushd (PUSHD) presale appeared first on Coinpedia Fintech News
2023 is ending on a strong note for the crypto world. Big cap coins like Solana (SOL), Avalanche (AVAX) and Ripple (XRP) have been among the year’s biggest gainers, while decentralized marketplace protocol Pushd (PUSHD) is establishing itself as one of the top investment opportunities entering 2024. Does PUSHD have what it takes to outperform XRP, SOL, and AVAX in 2024? Let’s find out.
Pushd Presale Emerges as Top Investment Opportunity for 2024
For the longest time, online merchants and regular individuals alike have been looking for a decentralized alternative to conventional ecommerce platforms that charge listing fees to vendors. The emergence of Pushd—a new decentralized marketplace combining the best of ecommerce platforms with Web3 technology. Pushd (PUSHD) is drawing attention with its PUSHD token presale, enabling prospective investors to capitalize on the exponential growth of the ecommerce sector in the coming years.
Pushd will debut a decentralized online marketplace underpinned by its PUSHD token. Currently valued at a discounted price of just $0.01, PUSHD has been tipped to become one of the biggest presale opportunities entering 2024. Upon launch and listing, PUSHD has the ability to generate anywhere between a 20x to 50x price surge in 2024 owing to its innovative solution and low market cap status. Consequently, while AVAX, SOL, and XRP remain good investment choices in 2024, none of them have the same price ceiling as PUSHD does within the same time frame. The PUSHD presale is the perfect opportunity for investors who wish to diversify into ecommerce and position themselves for big gains.
Ripple Underperforming to Close Out the Year
XRP typically runs bearish during December, as evidenced by its 5-year streak of ending the last month of the year with a loss. One of the key factors playing a role in XRP’s bearish streak is its ongoing case with the United States SEC, heavily suppressing XRP price growth. Nevertheless, XRP rebounded well in 2023 after news of a favorable decision in its ongoing SEC case earlier in the year. However, XRP has underperformed in Q4 2023 relative to other altcoins. A price target of $1 to $2 remains possible by 2024, should the SEC case come to a resolution and a full-scale bull market commences.
Solana Riding on a Resurgent Wave Ahead of 2024
2023 has seen a remarkable comeback for Solana (SOLD), which was one of the year’s biggest winners. Despite the market cooling off for a bit last December 25th, Solana (SOL) notably continued its upwards trajectory as it broke past the $120 resistance level. Since then, Solana (SOL) is trading just under the $110 mark, or over 1,000% since the beginning of the year. Will Solana maintain its momentum in 2024? Only time will tell.
Avalanche Ending 2023 With a Bang
Avalanche has been one of the biggest gainers of Q4 2023, with its AVAX token doing over a 5x as prices rose from $9 to over $46 from October to December. Avalanche (AVAX) has made a late push in 2023, with its frenetic pace seeing it become the ninth-largest crypto by market capitalization. Entering 2024, Avalanche is riding a bullish wave with its greater focus on real-world assets (RWAs). The protocol has already partnered with TradFi giants Citibank and JPMorgan Chase which are interested in exploring the RWA sector.
For more information about the Pushd (PUSHD) Presale, visit their website
