Dogecoin (DOGE) and Shiba Inu (SHIB) have broken into mainstream consciousness as the most well-known exponents of the meme coin market. However, in 2024, the action has long pivoted away from these legacy coins and into newer protocols and meme coins with significantly higher price ceilings than Dogecoin (DOGE) and Shiba Inu (SHIB). At the same time, the smart money in crypto has been flowing into what is looking like the top presale event of the season in Pushd (PUSHD) coin.
Are Dogecoin (DOGE) and Shiba Inu (SHIB) Losing Mainstream Appeal?
Dogecoin (DOGE) and Shiba Inu (SHIB) are the first and second-largest meme coins by market capitalization, respectively. Dogecoin (DOGE) has a total market capitalization of $12 billion, while Shiba Inu (SHIB) boasts a $6 billion market cap. Both meme coins have ballooned to heights unthought of after launching as mere “jokes” lampooning the wanton speculation in the crypto industry when they first launched.
However, mainstream investors are losing interest in investing in Dogecoin (DOGE) and Shiba Inu (SHIB) precisely because they have already mooned in value. As of 2024, there is very little upside in investing in such large-cap coins, especially if you’re trying to make a serious profit. While Dogecoin (DOGE) and Shiba Inu (SHIB) remain first and second in their class, the real gains will always be found in low-cap coins or undervalued gems that have yet to experience the same pump that Dogecoin (DOGE) and Shiba Inu (SHIB) have already experienced. As a result, investors are looking elsewhere for that elusive 100x gain. According to crypto investors, that opportunity has arrived with Pushd (PUSHD).
Pushd (PUSHD) Presale Draws 12,000+ Registrants As it Enters Stage 3
Pushd (PUSHD) just launched its presale barely two weeks ago. Since then, it has drawn over 12,000 registrants and sold out two consecutive presale token allocations—with it on pace to sell out its third stage within days it seems yet again.
The massive traction Pushd (PUSHD) has gained can be credited to its vision. Pushd (PUSHD) is building a decentralized ecommerce platform with the legitimate opportunity to carve out a niche for itself in the lucrative ecommerce industry. Pushd (PUSHD) will develop a Web3-enabled online marketplace worthy of challenging traditional ecommerce platforms, and infusing it with the potential of distributed ledger technology. For starters, Pushd (PUSHD) will differentiate itself by having low transaction and listing costs, minimal, easy KYC processes, and a top-notch user experience akin to Amazon or eBay, with all their robust functionality. Analysts are seeing Pushd as an exciting new potential ‘blue chip’ coin in the 2024 market.
More importantly, holding the platform’s PUSHD native token—currently available at the price of $0.06 entitles you to earn passive income from the fees generated by the Pushd marketplace. With bullish headwinds from the Bitcoin ETF approval and the upcoming halving, top crypto analysts believe Pushd (PUSHD) could be one of the year’s best-performing tokens that could generate infinitely higher ROIs than Dogecoin (DOGE) and Shiba Inu (SHIB) in 2024.
