The lucrative ecommerce sector is changing for good with the launch of a new contender set to challenge the dominance of Amazon and eBay—and it’s poised to outperform established tokens like Filecoin (FIL), Solana (SOL), and Aptos (APT) in 2024. Market analysts believe Pushd (PUSHD) is looking like good value to turn in at least a 10x this year after drawing over 12,000 presale investors and selling out nearly 3 consecutive presale stages in record time.
Filecoin (FIL) made decent, if unspectacular gains in 2023. However, since December 31 and January 12, Filecoin (FIL) prices have plummeted by 20%, as it traded at $5.88 at press time. While analysts believe Filecoin (FIL) prices will be at their lowest for most of 2024, no one can deny the bearish market sentiment surrounding the decentralized digital storage platform. Filecoin is expected to drop further by the third week of January, when it is expected to trade around the $5.50 mark.
Solana (SOL) was 2023’s talk of the town with its impressive 11x growth during the last year, peaking at $126 last Christmas Day. It dropped all the way to below $90 at the start of 2024, but has since recovered to support levels of $100 as at press time. On the other hand, Aptos, which launched in 2022, has seen some peaks and troughs since. Like Solana (SOL), the smart contract platform has had a rough start to 2024, down 10% as it traded at $8.98.
However, Solana (SOL) is expected to stagnate in 2024 and fail to recreate the same growth it did in 2023, given the capital outflows it had been experiencing this year. Likewise, Aptos is prepped for a massive dump with a token unlock on January 12, which would see 8% of Aptos’ entire circulating supply hit the open market. This is bearish news for Aptos, since token unlocks cause a massive spike in supply vis-a-vis static demand. When the latter happens, it causes token prices to fall. Aptos and Solana (SOL) holders, brace yourselves.
The delta won’t be found in investing in coins that have already mooned like Aptos (APT), Filecoin (FIL), and Solana (SOL). The real gains will be found in low-cap coins with solid fundamentals, a real use case, and are as yet undervalued. Pushd (PUSHD) ticks all the boxes of the latter, with market analysts tipping the decentralized marketplace protocol for a 20x growth in 2024. Why so? Entering stage 3 of its presale, Pushd has already attracted over 12,000 registrants, and is on pace to sell out its third consecutive presale token allocation in mere days.
Much of Pushd’s traction is linked to its vision of building the first and only Web3-powered online marketplace with the gumption and expertise to become a challenger brand to Amazon and eBay—only with native crypto integration, minimal fees, and little in the way of KYC and restrictive policies. Pushd will bring an as-yet unseen superior user experience in Web3 ecommerce, while granting PUSHD holders a revenue share from proceeds raised by the Pushd marketplace.
With its massive incentives, low market cap, and high buy pressure this early on in its lifecycle, it’s easy to see why market analysts believe Pushd will be among the best performers of 2024—and outperform big-cap coins like Aptos, Solana (SOL), and Filecoin (FIL) in 2024.
Find out more about the Pushd presale at their official website.