The crypto world is constantly evolving, with trends shifting as fast as the market moves. Dogecoin (DOGE) and Shiba Inu (SHIB) were among the beneficiaries of the last halving and bull run in 2020-2021, soaring to eye-watering heights and minting millionaires out of investors who bought in with their pocket change. However, in 2024, the trends are turning against meme coins towards tokens with innovative utility like Pushd (PUSHD). This is a marked shift in investor priorities from the “lulz” or novelty, to real-world value.
Dogecoin (DOGE) and Shiba Inu (SHIB) Losing Traction per ChatGPT?
Meme coins were among the biggest gainers of the last halving and bull run cycle, with Dogecoin and Shiba Inu becoming poster children of the crazy gains that the format can generate when they gain traction. However, according to artificial intelligence protocols like ChatGPT and Bard, shifting investor preferences, greater regulatory scrutiny, pump and dump cycles, and an erosion in public trust have all contributed to meme coins like Dogecoin and Shiba Inu losing their appeal in the past several years.
Despite retaining their respective big market caps, Dogecoin and Shiba Inu have disappointed DOGE and SHIB holders in the past year. They’re losing favor to projects with real-world use cases and innovative qualities. Dogecoin and Shiba Inu don’t look anywhere close to regaining their ATH levels anytime soon in the face of dwindling trade volumes and prices. There is virtually no narrative for DOGE and SHIB holders to hang their hats on—not even Elon Musk, who apparently wants nothing to do with meme coins any longer. Dogecoin and Shiba Inu will continue to lose ground until a whale-induced scam pump happens, or unless DOGE and SHIB develop serious utility soon.
Pushd (PUSHD) Presale Foreshadows Massive Growth in 2024
According to market analysts, Pushd (PUSHD) is among the best, if not THE best presale investment opportunity thus far in 2024. They point to over 12,000 interested presale investors as proof positive of the demand for a decentralized alternative to Amazon and eBay that Pushd aims to bring to the lucrative ecommerce industry. Thus far, the PUSHD token presale event has sold out the first two stages worth of token allocations in mere days–and is on pace to sell out stage 3 as at press time.
Pushd is poised to transform the ecommerce landscape with the launch of its Web3-enabled decentralized marketplace platform, leveraging distributed ledger technology to create a marketplace to challenge the supremacy of traditional e-commerce giants and carve out a niche for itself as a pioneer. Key features include low fees, streamlined KYC procedures, and an intuitive user experience akin to Amazon or eBay—without their pitfalls. Analysts predict Pushd to be a major player in the cryptocurrency market, with its native token offering passive income potential for PUSHD holders in the form of a revenue share on Pushd marketplace fees.
The Final Word
Investors looking for the proverbial “blue chip” in 2024 need look no further. Both AI language learning models and market analysts have singled out Pushd to outperform tired old meme coins like Dogecoin and Shiba Inu. Don’t miss out on what analysts believe could be the best presale investment opportunity of 2024 and save your spot on the Pushd presale today.
Find out more about the Pushd presale at their official website.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by André François McKenzie on Unsplash
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Source: thinkbitcoins