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The post Early BTC investor predicts Pushd (PUSHD) to overtake SOL in the next 20 months appeared first on Coinpedia Fintech News
An unidentified Bitcoin (BTC) investor who has been invested in the token since 2013 has made a fearless forecast for the newly launched decentralized marketplace protocol Pushd (PUSHD)–mainly, that the latter will outpace Solana (SOL) in terms of gains within the next 20 months. Here’s why.
Bitcoin (BTC) Dumps Below $42,000 After ETF Launches
After briefly touching $49,000 in a frenzy induced by the spot Bitcoin (BTC) ETF approval, Bitcoin (BTC) has dropped below $43,000 as at press time, as it traded at $41,941. Bitcoin’s sudden crash has caused concerns about institutional manipulation among holders, particularly for those who believed that the token would reach escape velocity and never go below $46,000 again. Nevertheless, smart Bitcoin (BTC) holders have been diversifying into projects with the potential to pump in 2024—as evidenced by a Bitcoin (BTC) whale who bravely predicts that new presale token Pushd (PUSHD) will outperform Solana this year.
Solana (SOL) Expected to Slow Down in 2024
Solana (SOL) went on a 940% tear in 2023, making headlines as one of the past year’s biggest gainers. However, that momentum hasn’t necessarily translated into the new year, with Solana (SOL) dipping by 20% thus far in 2024. Solana (SOL) prices have corrected from a December 25, 2023 high of $126 to just under $90 to begin the year. In the past several days, Solana (SOL) recaptured $100. 2024 looks like it will be an uphill climb for Solana (SOL) as it competes with a resurgent altcoin market and intensified competition from large-cap tokens like Bitcoin (BTC) and Ethereum. Moreover, Solana (SOL) traders invested since last year will eventually take profits, causing further selling pressure down the road. A 2x from $100 looks like in the cards for Solana (SOL), according to the aforementioned Bitcoin (BTC) whale.
Pushd (PUSHD) Packed with 30x Potential in 2024
Pushd (PUSHD) is making waves in 2024 after selling out almost 3 consecutive stages of presale token allocations as it enters stage 3 of its much-anticipated presale event. The bullish reception that the Pushd presale has generated is proof positive of the potential gains it could make in 2024. Market analysts believe that Pushd (PUSHD) can do a 30x to a possible 100x gain from its current discounted presale prices of $0.06—a gain that early Bitcoin (BTC) investors believe Solana (SOL) will be hard-pressed to match in 2024 given the latter’s massive market cap. Tremendous buying pressure is being caused by over 12,000 prospective PUSHD investors joining its presale, and this is expected to cause prices to shoot up upon launch and listing of the token on major exchanges.
Pushd is building the most viable contender to Web2 ecommerce platforms that have dominated the industry since time immemorial. Unlike Amazon and eBay, however, Pushd (PUSHD) will create a decentralized online marketplace powered by blockchain technology, which will feature low listing and transaction fees, few KYC hurdles, and grant PUSHD holders a revenue share from fees generated by the Pushd (PUSHD) marketplace. PUSHD holders will be rewarded with greater passive income the more tokens they hold. PUSHD holders will also get exclusive discounts and benefits on the platform, incentivizing them over the long run.
It’s time to diversify your portfolio with the potential to make 30x gain in the next 12 months. Join this exciting presale of 2024 with Pushd right now.
Find out more about the Pushd presale at their official website