Litecoin (LTC) and Ripple (XRP) have been among the leading cryptocurrencies by market capitalization. However, their large market capitalizations give them very little appeal entering 2024, with newer, more innovative projects like Pushd (PUSHD) trumping them in potential to skyrocket in value. Here’s why crypto analysts are bullish on PUSHD this year.
Litecoin (LTC) Down 14% to Begin 2024
Litecoin (LTC) is trading below 14% to begin 2024, following a largely bearish 2023. Currently, Litecoin trades at $65, continuing to record no major growth even as other altcoins doubled or tripled in value in the last quarter of 2023. Litecoin doesn’t seem to attract as much institutional investment compared to altcoins like Solana. For context, LTC saw about a $3 million investment from institutions in 2023 compared to Solana, which drew $167 million in institutional capital. Can Litecoin reverse its bearish trend in 2024? That remains to be seen.
Ripple (XRP) Could Be Poised for a 20% Pump
Last Wednesday, Ripple (XRP) prices took a substantial correction, where it continues to trade at $0.57. However, with XRP trending towards heightened buy-side pressure in 2024, Ripple prices could be poised for up to a 20% pump if it breaks past $0.60, maxing out at the $0.70 psychological level. This potential upside might materialize with XRP’s fundamentals and growing number of active wallets indicate positive momentum. Should XRP prices top out at $0.70 in January 2024, that would represent a 20% gain from current levels.
Pushd (PUSHD) Presale On Pace for a Stage 2 Sellout
Big-cap coins like Litecoin and Ripple are fast becoming yesterday’s news as more exciting potential blue chips emerge in 2024. One of those is Pushd (PUSHD), a decentralized marketplace protocol whose presale is fast selling out with over 8,000 registrations in less than a week after launching. Pushd is gaining traction behind its vision of creating a global online marketplace powered by Web3 technology as an alternative to Amazon. With the project’s low market capitalization, discounted presale token prices, and unique value proposition, PUSHD is expected to be one of 2024’s biggest performers.
Crypto observers forecast that Pushd can appreciate in price from 10x to 20x in 2024 should a bull market materialize after the Bitcoin halving. At its current price of $0.048, that indicates the potential to rise to $0.50 to $1. The token will allow holders to earn passive income sourced from revenue sharing on transaction fees incurred using the Pushd marketplace. It shouldn’t come as a surprise why Pushd is on pace to sell out ahead of its launch date—it’s one of the best crypto presale investment opportunities thus far in 2024.
Join the Presale Event of 2024 with PUSHD
The potential upside of Pushd far outweighs that of Litecoin and Ripple in 2024. Don’t miss out on a potential blue chip and diamond in the rough with the first and only decentralized answer to Amazon: PUSHD. Join the Pushd presale today and capitalize on the upcoming ecommerce boom.
Find out more about the Pushd presale at their official website.