Time is up for Dogecoin (DOGE) and Shiba Inu (SHIB). Their days of being desirable financial investments are well and truly over, with the attention turning to newer, shinier, and more useful altcoins. In 2024, one new altcoin in its presale phase is on everyone’s lips, including Dogecoin (DOGE) and Shiba Inu (SHIB) holders desiring more substantial gains this year: Pushd (PUSHD). Here’s why.
Dogecoin (DOGE) Investor Engagement Beginning to Fade?
Dogecoin (DOGE) has shown signs of dwindling investor engagement, as evidenced by its lackluster performance over the past month. Dogecoin (DOGE) lost -13.5% in the past 30 days, with the original meme coin recording a -7.6% loss in the past 12 months. The downturn in price was highlighted by an 8% decrease in Dogecoin (DOGE) trading volume in the past 24 hours, continuing the token’s descent into potential irrelevance. Dogecoin (DOGE) was trading at $0.07824 at time of publish.
Shiba Inu (SHIB) Sell-Off Causes Prices to Plummet
Shiba Inu (SHIB) was among the poorest performers of the past year, recording a year-on-year -22.4% decline in price per CoinGecko. The continuing selling pressure has already put Shiba Inu (SHIB) holders in the red to start the year, with token prices falling by 9% in the first two weeks of January. The price action is concerning for Shiba Inu (SHIB) holders, raising serious doubts about the meme coin’s prospects in 2024 and indicating a dampening enthusiasm for the token and meme coins in general. 2024 may see Shiba Inu (SHIB) flirt with its lowest levels in a year, causing capital outflows in favour of projects like Pushd (PUSHD).
Pushd (PUSHD) Stage 3 Sellout After DOGE and SHIB Investor Demand Skyrockets
Pushd (PUSHD) had a third straight presale stage sellout entering Stage 4 since its launch in the last 24 hours. Thus far, the Pushd (PUSHD) presale has drawn upwards of 16,000 participants scrambling for a piece of the decentralized online marketplace. Notably, Pushd (PUSHD) is building the first Web3-native online marketplace alternative to eBay and Amazon, and the massive demand has gotten market analysts believing that the token can generate a 50x gain in the coming bull run.
Pushd (PUSHD) democratizes ecommerce for everyone, breaking the barriers of entry that limit the participation of users on traditional online marketplaces like eBay and Amazon. The result is a robust yet decentralized online marketplace with minimal fees, no KYC, and security ensured by blockchain technology. Pushd (PUSHD) holders will also gain access to a thriving marketplace, granted a say in the direction of the platform’s future, not to mention numerous staking, yield farming, and revenue-sharing models for users to capitalize on.
Pushd (PUSHD) ticks all the boxes of a potential blue chip by passing a comprehensive audit, implementing a 20-year liquidity lock, and implementing a quarterly token burn mechanism to create sustained, viable, and profitable growth in 2024 and beyond. It’s easy to see why Dogecoin (DOGE) and Shiba Inu (SHIB) holders are filling their bags with Pushd (PUSHD) given its 50x potential. You could, too, by registering for the Pushd presale today.
Find out more about the Pushd presale at their official website.
