Why Dogecoin (DOGE), Pepe (PEPE) and Shiba Inu (SHIB) investors are turning to Pushd (PUSHD)

The post Why Dogecoin (DOGE), Pepe (PEPE) and Shiba Inu (SHIB) investors are turning to Pushd (PUSHD) appeared first on Coinpedia Fintech News

The enduring appeal meme coins like Dogecoin (DOGE), Pepe (PEPE), and Shiba Inu (SHIB) possess was evident in 2023. PEPE, for instance, hit a $1 billion market cap within weeks of its 2023 launch, while DOGE and SHIB continued to soldier on as the crypto market recovered. However, big-cap meme coin holders are focusing their efforts on accumulating a potential blue chip in its presale phase called Pushd (PUSHD). Here’s why crypto analysts believe (PUSHD) might outperform Dogecoin, Pepe, and Shiba Inu in 2024.

Dogecoin (DOGE) Cleared for Takeoff in the New Year?

Dogecoin has remarkably cleared major resistance levels entering 2024, with crypto observers predicting that DOGE could break to new yearly highs in the coming year if the meme coin breaks resistance at $0.095 in January. This could clear the way for a short-term DOGE pump to $0.14 by mid-2024. Currently, Dogecoin is trading at $0.092; however, as the leading meme coin by market capitalization, DOGE holders may be in for a better 2024 with Dogecoin fundamentals improving.

Can Pepe (PEPE) Outperform Shiba Inu (SHIB) Again in 2024?

Pepe was one of the biggest gainers in the meme coin sector last 2023, notably surging to a $1 billion market capitalization just several weeks after its April launch. However, PEPE’s blistering growth during the first several months of its existence was followed by a deep plunge in value, followed by a cautious resurgence to close out 2023. Despite that, PEPE outperformed its bigger cousins Shiba Inu and Dogecoin in price appreciation last year. The question remains, however: can PEPE outgun Shiba Inu or Dogecoin again in 2024? The market sentiment seems to be bearish.

Shiba Inu (SHIB) Hoping to Regain Investor Interest

Shiba Inu is another big cap meme coin experiencing a downturn in interest entering the new year. SHIB is the second-largest meme coin by market capitalization trailing only Dogecoin. Shiba Inu experienced eye-watering gains during the last halving and bull cycle in 2020, but since then, Shiba Inu has come nowhere close to recreating the epic gains that put it on the map. In 2024, Shiba Inu faces challenges due to its massive market capitalization, leading SHIB holders to look elsewhere to make substantial gains.

Pushd (PUSHD) Presale Draws Thousands of Registrants in 24 Hours

Pushd is a decentralized online marketplace platform whose presale has registered thousands of interested investors just 24 hours after launching. And why not? Pushd is building the world’s first Web3-enabled e-commerce platform featuring no listing fees, low platform costs, and no KYC procedures. The result is a platform with the robust features of Amazon and eBay, with the inclusivity and access provided by a true Web3 alternative. 

Pushd is timing its presale launch at the right juncture when merchants and buyers are looking for a decentralized answer to Amazon or eBay without the draconian policies and exorbitant fees that the latter charge. (PUSHD) is empowering a new generation of decentralized e-commerce and creating a strong narrative with its highly-anticipated presale launch. To that end, crypto observers believe (PUSHD) could turn in a 25x to 50x performance in 2024 thanks to its low market cap, unique value proposition, and massive hype surrounding its presale. Don’t miss out on (PUSHD) in 2024.

For more information about the Pushd (PUSHD) Presale, visit their website.