Analysts believe now is the perfect time to invest into the Pushd (PUSHD) presale over PancakeSwap (CAKE) and Ethereum (ETH)

Decentralized online marketplace Pushd (PUSHD) has objectively become one of the hottest presale events of 2024. With over 6,000 holders and counting just four weeks into its launch, market analysts believe Pushd (PUSHD) is well positioned to outperform established tokens like Ethereum (ETH) and PancakeSwap (CAKE) in 2024 in terms of potential price appreciation. Here’s why.

PancakeSwap (CAKE) Down 27% in the Past 12 Months

According to CoinGecko data, PancakeSwap (CAKE) is trading 27% below its yearly highs, changing hands at $2.61 as of this writing. PancakeSwap’s (CAKE) market capitalization sits at $645 million with a 24 hour trading volume of $55.7 million per CoinMarketCap stats. PancakeSwap (CAKE) is down 4.5% in the past 7 days, representing a continuation of its bearish 30 day performance trading 22.8% below monthly highs.

Ethereum (ETH) Prices Take a Dip, But Future Remains Bright

Ethereum (ETH) the second largest cryptocurrency by market capitalization at $272.4 billion is up 1.4% in the past 24 hours trading at the $2,267 mark as of this writing. Ethereum (ETH) prices are down 7.26% on the week as the prices revisit cycle lows. However, the upcoming Dencun upgrade which can theoretically help reduce fees by 90% and the efforts to boost scaling via danksharding, keeps Ethereum (ETH) promising in the long term due to its recent updates and growing institutional interest surrounding the token. The long term potential far outweighs the bearish short term outlook.

Pushd (PUSHD) Presale Hits Over 6,000 Holder Milestone in Four Weeks

Decentralized online marketplace Pushd (PUSHD) recently hit a major milestone as its presale event heats up entering stage 4. Thus far, Pushd (PUSHD) has onboarded 6,000+ investors, indicating increasing demand for its native Pushd (PUSHD) token even before the token launches. This early traction has gotten a growing number of market analysts believing Pushd (PUSHD) could become one of the best investment opportunities of 2024.

Pushd (PUSHD) has sold out three consecutive presale token allocations with a fourth one inevitably on the way. Retail and institutional investors alike are joining en masse as they take up early positions in the decentralized P2P online marketplace protocol. Pushd (PUSHD) tokens are available up for grabs at $0.075 per token making it an ideal entry point for growth focused investors who wish to make more tangible gains in 2024. The global e-commerce market is expected to grow to a $9 trillion industry in 2024 and Pushd (PUSHD) is on pace to capture a good share of that with its no KYC, low fee P2P marketplace. If it does, Pushd (PUSHD) could easily manage to grow by 900% from its launch prices this year.

Pushd (PUSHD) won’t only combine the robust features of eBay and Amazon with blockchain technology Pushd (PUSHD) holders will find the platform’s DeFi utility another draw. By seamlessly integrating DeFi elements like staking and yield farming, Pushd (PUSHD) empowers users to unlock additional value from their transactions. It is perhaps no surprise why Pushd (PUSHD) has gained traction with its presale, no other presale opportunity offers the same unique path for grains like Pushd (PUSHD) does.

Find out more about the Pushd presale at their official website.

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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