Dogecoin (DOGE) and Shiba Inu (SHIB) were once among the most popular cryptocurrencies of the last Bitcoin halving and bull run cycle of 2020 and 2021, but their mainstream appeal seems to be waning entering 2024. The action is pivoting away from meme coins, which are no longer attracting the same attention as they did during the last bull cycle. The smart money, according to market analysts, is flowing into the top presale launch of the season in Pushd (PUSHD). Here’s why.
Dogecoin and Shiba Inu, despite their respective gargantuan market capitalizations, have largely underwhelmed in the past 12 months. DOGE and SHIB are being replaced by more serious cryptocurrency projects as the market matures, with investors preferring projects with real-world utility and solid fundamentals. Meme coins like Dogecoin and Shiba Inu, thus far, have no inherent utility in their current iteration. Both DOGE and SHIB prices are a long way away from their ATH, with no narrative to cling to, coupled with diminishing trade volumes.
Moreover, Dogecoin’s true believers’ last hope–SpaceX and Tesla CEO Elon Musk–has distanced himself from the project after his tweets helped pump coin prices and interest in DOGE. Dogecoin, after all, doesn’t seem to be in the running to become X/Twitter’s native currency. Nevertheless, Dogecoin and Shiba Inu diehards continue to hold out in the belief that a whale-induced scam pump or a rekindled interest in meme coins might pump their bags. However, the evidence is overwhelming: DOGE and SHIB are fading away in mindshare in 2024 in favor of projects with serious potential.
Pushd (PUSHD) just launched its presale barely two weeks ago—but as it enters stage 3, the event has drawn over 12,000 participants. Pushd is also on pace to sell out its third-stage presale token allocation, serving as a testament to the massive traction it has gained since.
Pushd gains traction for its vision: its vision of creating a decentralized eCommerce platform to compete with traditional giants like Amazon. Pushd will build the first viable alternative to Web2 eCommerce platforms, while differentiating itself by offering users low fees, easy KYC, and a robust user experience akin to Amazon, only made better with blockchain technology. It’s easy to see why market analysts are picking PUSHD over the likes of DOGE and SHIB in 2024.
Meme coins are falling out of favor fast, with newer, more exciting, and more importantly, more useful projects like PUSHD taking center stage as the new blue chips of the year. Best of all, PUSHD will reward holders with a revenue share from the profits generated by the Pushd marketplace, giving them an alternative income stream that gives them more passive income the more tokens they hold.
Pushd is riding a wave of momentum from its presale. With the upcoming Bitcoin halving and expected bull market to follow, analysts believe Pushd can generate outsized gains in 2024—with infinitely brighter prospects than has-beens like Dogecoin and Shiba Inu.
Find out more about the Pushd presale at their official website.
In an exciting step forward for BOMT, LDA Capital has committed $10 million to help fuel BOMT’s mission of reshaping…
Artificial Intelligence (AI) is transforming industries, driving innovations in healthcare, finance, autonomous vehicles, robotics, entertainment… However, its rapid growth has…
The best crypto presales market has a new rising star – Artemis Coin (ARTMS). This project stands out because it has already…
In an inspiring display of compassion and innovation, the cryptocurrency community has come together to save the life of a…
As global awareness of carbon emissions grows, the push for sustainable solutions has become more urgent than ever. The cryptocurrency…
We are excited to announce that Rexas Finance successfully joined WOW Summit 2024 as a Gold Partner, held on November 11th and…