A sea change in the crypto market has contributed to the decline of Ripple (XRP) and Tron (TRX) as long-time investors set their sights on exciting new presale sensation Pushd (PUSHD). The trend is indicative of the volatile nature of cryptocurrencies, where innovative new protocols like PUSHD are gaining traction with over 14,000 presale sign ups and counting.
Tron (TRX) Surpasses Bitcoin in Daily Active Address Count
Tron is in the middle of a transition phase, with equal parts milestones and disappointments to show for in 2024. For instance, Tron daily active addresses have surged throughout 2023, exceeding that of Bitcoin’s daily active address count as TRX recorded a relatively modest 56.6% gain from January to December of last year. However, the rise in daily active addresses hasn’t exactly translated into a price pump of epic proportions. Nevertheless, Tron has carved out a niche for itself as one of the coins to watch in the near future as a high-throughput platform with plenty of usage.
Ripple (XRP) Prospects Looking Grimmer By the Day
XRP holders have had a tough go at it over the past couple of years. Ripple’s long, drawn-out, and tooth-and-nail legal tussle between the mighty U.S. Securities and Exchange Commission has been blamed for suppressing Ripple prices throughout most of its existence. Not even a partial victory could get XRP anywhere closer to $1, and the momentum it has gained since has all but fizzled out—with no end in sight for tired Ripple bagholders.
Despite a 55% gain in 2023, XRP has recorded a -8% loss over the first two weeks of 2024. Many XRP holders are ditching their holdings, with some analysts believing it is the worst hold in crypto as of the moment. Despite the outrageous price predictions, market analysts predict XRP will further slide down the price ladder in favor of newer protocols and resurgent altcoins in 2024. The opportunity cost for XRP holders is simply demoralizing at this point in time.
Pushd (PUSHD) Breaks Past 14,000 Presale Registrants
Pushd (PUSHD) has exceeded all expectations as its presale has garnered an astonishing 14,000 presale sign ups within two weeks of launching. Talk about gaining massive traction and making real waves—the tremendous reception has gotten market analysts buzzing about Pushd’s potential to deliver massive gains in 2024 just based on the sheer demand it has generated. Currently, Pushd (PUSHD) tokens are priced at a discounted rate of $0.06 with a supply of 250 million tokens—and it has already sold out its first two stages in record time.
The best part? Pushd (PUSHD) has barely scratched the surface of its parabolic growth potential. Pushd is, after all, building the first true decentralized alternative to Amazon—and its value prop has gotten market observers believing it can do at least a 20x in 2024. Those are gains that Ripple (XRP) and Tron (TRX) holders can dream of. Presale participants are particularly bullish about the revenue sharing and passive income opportunities Pushd brings.
And if that’s not enough, Pushd is locking liquidity on the platform—for life. If that doesn’t scream bullish price appreciation potential in 2024, we don’t know what else probably could.
Find out more about the Pushd presale at their official website
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