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Many crypto investors seeking secure returns will lean towards well-established crypto projects like Avalanche (AVAX) and Dogecoin (DOGE). Yet, a select few know that the actual value lies in the uncut diamonds and lesser-known gems. One such project is Pushd (PUSHD), the world’s first fully decentralized online marketplace.
Analysts are already expecting Pushd (PUSHD) to race past Avalanche (AVAX) and Dogecoin (DOGE) in 2024; read on to find out why Pushd (PUSHD) is being touted as the next 40x investment opportunity for early-stage investors.
What is Pushd (PUSHD)?
Pushd (PUSHD) is a brand-new idea in the Web3 space as it brings the first decentralized e-commerce platform to the blockchain arena, aiming to rival the likes of Amazon and eBay. The opening 5 days of its presale saw more than 5,000 users register, many of whom are seasoned Avalanche (AVAX) and Dogecoin (DOGE) coin holders aiming to get involved in the next big-gainer of 2024.
The Pushd ecosystem is being developed to make transactions cheaper, more secure, and more efficient while utilizing no KYC procedures. This will help keep transaction costs low without compromising on delivering a top-class user experience. As a result, Pushd will resolve some of the vital demand challenges hampering traditional e-commerce platforms such as Amazon and eBay.
The native PUSHD token begins at $0.048, with early investors able to earn passive income via the revenue-sharing model on the platform. In addition, they can benefit from exclusive access to new features and enjoy full governance voting rights. As a result, it’s no wonder many industry experts see Pushd as the most exciting crypto investment opportunity of 2024 so far, with potential 40x returns expected as the market turns bullish.
Avalanche (AVAX) price undergoes correction after Q4 2023 gains
Avalanche (AVAX) ended 2023 as one of the hottest coins on the market, enjoying a successful final quarter in 2023. By the end of December, it hit yearly highs of $48, an increase of 4x in Q4 alone.
However, as experts expected Avalanche (AVAX) to soar beyond $50 in the early days of 2024, prices have corrected significantly, falling by more than 15% to settle around the $37 mark. Analysts are looking for Avalanche (AVAX) to return beyond $40 to return to its positive trajectory for the remainder of 2024.
Analysts also expect Dogecoin (DOGE) correction in 2024
Dogecoin (DOGE) has enjoyed a period of relative stability in recent months, yet its growth potential remains modest, with moderate changes to the price expected. Indeed, rather than experiencing a surge in the early months of 2024, analysts believe that Dogecoin (DOGE) is more likely to correct further.
Given Dogecoin (DOGE) experienced significant price volatility during 2023, its strong reputation and loyal support from its dedicated community may see a price rally during the second half of 2024. However, don’t be surprised if Dogecoin (DOGE) continues to experience hefty price fluctuations in either direction.
The bottom line
Pushd is making an early bid to position itself at the vanguard of the e-commerce sector, which is expected to exceed a $6 trillion market valuation by the end of 2024. Its vast growth potential could leave established contenders like Avalanche (AVAX) and Dogecoin (DOGE) floundering.
With analysts expecting Pushd to generate growth of around 40x this year, Pushd’s imminent presale is likely to prove one of the best investment opportunities of 2024.
For more information about the Pushd (PUSHD) Presale, visit their website.
*This article was paid for. Cryptonomist did not write the article or test the platform.
