As analysts assess the crypto market for 2024, Dogecoin (DOGE) and Ethereum (ETH) are among the established coins looking to make a push ahead of the next bull market.
Yet, experts are united in recommending this crypto newbie. Seasoned investors seeking to make massive returns this year should invest in Pushd (PUSHD). This decentralized marketplace has captivated early-stage investors in a matter of days.
Here’s why analysts believe Pushd is the crypto investment of the year rather than Dogecoin (DOGE) or Ethereum (ETH).
Dogecoin (DOGE): Original meme coin facing inherent challenges
Dogecoin (DOGE) is among the best-known crypto projects currently on the market, thanks largely to the continued backing from big-name celebs, including Elon Musk. Its historic popularity was built as a low-value asset prioritizing inclusivity within the crypto sphere.
Dogecoin (DOGE) remains user-friendly and provides an accessible entry point for newbies wanting to launch their first crypto investments.
However, as we move into 2024, Dogecoin (DOGE) faces existential challenges. A lack of fixed token supply continues to fuel inflationary concerns, while its development remains reliant on contributions from its community. This could limit its ability to adapt with agility to emerging trends among competitor meme coins.
Ethereum (ETH) sees price drops as challenges lay ahead
While Ethereum (ETH) remains by far the biggest altcoin on the market and the most widely used blockchain by an overwhelming margin, investors are beginning to turn away from this highly established player in favor of more exciting, innovative newbies entering the market.
Ethereum (ETH) rebounded nicely in 2023 from the FTX crash in late 2022 and continuing bearish market conditions. Thanks to the release of Ethereum 2.0, early 2024 has seen the price of the native ETH token drop to $2,274 on 9th January from a recent peak of $2,434 as recently as 28th December.
Whether this price performance indicates broader investor skepticism in favor of much-vaunted new projects remains to be seen.
Pushd (PUSHD): Transforming e-commerce through decentralization
In contrast to the murky outlook for Dogecoin (DOGE) and Ethereum (ETH), Pushd has hit the ground running, selling out stage one of its ICO in just five days. This illustrates the enormous thirst for this groundbreaking project, which aims to take a significant slice of the e-commerce market valued at more than $6 trillion.
User convenience is at the heart of Pushd’s appeal, bringing lower fees, instant withdrawals, and deposits compared to the likes of Amazon and eBay while also championing enhanced security, decentralized governance, and transparency.
This unique decentralized model empowers PUSHD token holders to make decisions that will inform the platform’s future direction, creating a close-knit community all pulling in the same direction. With an exciting and attractive rewards package open to users, it’s no wonder analysts across the board have identified Pushd as the best crypto investment of 2024.
Conclusion
Although crypto markets are rebounding ahead of this year’s scheduled Bitcoin halving event, Pushd will likely enjoy a much brighter future than Dogecoin (DOGE) or Ethereum (ETH), which have significant challenges to overcome.
With Pushd prioritizing user engagement, lower fees, and decentralized community control, it is the most exciting crypto investment of 2024 ahead of the next bull run.
Find out more about the Pushd presale at their official website
