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Arbitrum (ARB) and Ripple (XRP) were consistent performers in 2023. However, entering 2024, XRP and ARB prices have largely underwhelmed in relation to altcoins that performed better towards the end of the year. Projects like Pushd (PUSHD)—currently in its presale phase—is being touted as a top investment opportunity. Its presale has almost fully sold out its stage 1 token allocation within 5 days of launching. Experts are more bullish on (PUSHD) than XRP or ARB. Here’s why.
Can Ripple (XRP) Regain Momentum in 2024?
Ripple (XRP) has struggled to regain its once-vaunted stature as 2024 enters, with XRP token prices largely crabbing in a tug-of-war between bulls and bears. This lack of a strong pushback above key price levels has led to constant XRP sell-offs, suppressing token prices. Currently, XRP trades around $0.57, struggling to gain stability between the $0.50 to $0.70 range. XRP bears continue to suppress the value to support levels.with bears aiming to push the value down to critical support levels. However, the reputational damage caused by Ripple’s ongoing legal case against the SEC has kept it from performing like Solana, which has superseded XRP as the fifth-largest crypto by market cap. 2024 will be a crucial test for XRP.
Arbitrum (ARB) Falls in Price Despite Analyst Backing
Arbitrum, meanwhile, has come under recent scrutiny by crypto analysts, particularly for the lackluster performance it has turned in thus far. Arbitrum is trading above 75% it launched in 2023. While those gains might be substantial in context, they pale in comparison to Solana, which was up 11x from January to December 2023. Crypto analyst Michaël van de Poppe believes Arbitrum could breach past the $2 level by the end of January 2024 despite a slight downturn in price to end 2023. Currently, Arbitrum trades at $1.83.
Pushd (PUSHD) Stage 1 Presale Token Allocation Approaching Sellout
Pushd (PUSHD) has drawn over 5,000 presale investors within 5 days of launching, and its stage 1 token allocation is nearing a complete sellout. Pushd has generated massive hype with its vision of creating a decentralized crypto-native online marketplace with the robustness of Web2 platforms like ebay and Amazon—without the friction. Offering minimal KYC, low listing and platform fees, and less intermediation, Pushd will be the first decentralized ecommerce platform of its kind in the world, addressing the demand for an alternative.
The project’s token presale will fund the development of the Pushd ecosystem, with (PUSHD) tokens available at discounted prices of $0.048. (PUSHD) holders are entitled to governance rights and earning a revenue share from platform fees. Pushd is peaking at the right time, as its stage one presale token allocation approaches a sellout. Analysts believe that the project’s momentum can carry it to a 20x performance in 2024, with the bull market just around the corner.
Conclusion
It’s easy to see why crypto analysts believe Pushd (PUSHD) can outperform Arbitrum and Ripple in 2024. Ecommerce is, after all, set to grow to an $8 trillion industry by 2026, and Pushd is the perfect vehicle to invest in the future of online marketplaces. Don’t miss out on one of the top presales of 2024 thus far.
Find out more about the Pushd presale at their official website
