As the crypto market continues to awaken from its slumber, investors are moving away from established cryptos such as Solana (SOL) and Litecoin (LTC) in favor of a newcomer already wowing the market during its presale. Pushd (PUSHD) has outperformed expectations within days of launching its ICO as fans flock to its unique decentralized e-commerce marketplace.
Solana (SOL) continues to evolve, yet SOL meets resistance
Solana (SOL) is one of the most popular blockchains on the market, particularly within the DeFi space, thanks mainly to its unique hybrid consensus mechanism that uses a Proof of History (PoH) protocol. The result is a blockchain that notably increases transaction throughput while charging low fees.
Solana (SOL) was one of the currencies worst hit by the FTX collapse in late 2022 and rebounded admirably in 2023, surging more than 1000% by the close of the year. However, with the dawn of 2024, Solana (SOL) dropped below $90 before responding to a return above the $100 barrier at the time of writing. Whether this signals a return to health for Solana (SOL) remains to be seen in the coming weeks and months. What’s for sure is that this ‘Ethereum killer’ chain is here to stay for the long term.
Litecoin (LTC) plummets after recent halving
Widely known as Bitcoin’s friendly younger sibling, rather than a direct competitor, Litecoin (LTC) was initially lauded for its faster transaction processing and scalability. However, the advent of layer-2 networks provided Litecoin with enormous challenges it has yet to fully overcome.
Litecoin (LTC) recently underwent its halving event in August 2023. Failed hopes of ending the bearish sentiment that has dogged this crypto. Indeed, with the current Litecoin (LTC) coin trading below $70, more than 84% below its ATH, even its recent strategic partnership with Microsoft has failed to lighten the mood. As a result, investors are turning away from this long-established platform.
Pushd (PUSHD) aims to revolutionize e-commerce through decentralization
Pushd (PUSHD) has already become one of the crypto stories of 2024, bringing its unique decentralized Web3 marketplace to the blockchain to challenge the e-commerce supremacy of Amazon and eBay.
This innovative new platform allows buyers and sellers to connect seamlessly, trading goods on Pushd’s unique peer-to-peer platform without needing KYC checks, allowing users instant deposits and withdrawals and minimal transaction fees. With massive growth potential that could see it become a blue-chip crypto, Pushd has made staggering success in its ICO. More than 12,000 users have signed up, while the first two stages of the presale each sold out in just ten days. Consequently, the stage 3 price of $0.060 looks like a giveaway.
Conclusion
There’s no question that Solana (SOL) and Litecoin (LTC) have questionable outlooks for 2024, with growth far from guaranteed. It’s no surprise, therefore, that investors have been queuing up to take advantage of the unique use case and enormous growth potential offered by Pushd as they look for the best investment of the year. Join the crypto presale now to be part of something genuinely groundbreaking.
Find out more about the Pushd presale at their official website
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