Dogecoin (DOGE) and Shiba Inu (SHIB) have had great runs in the market. Why do analysts believe Pushd (PUSHD) will be the same?

Dogecoin (DOGE) and Shiba Inu (SHIB) turned a lot of early investors into overnight millionaires when both meme coins surged to astronomical heights in 2021. They underlined how important it is to get a headstart on projects with the potential to moon. Market analysts believe decentralized online marketplace protocol Pushd (PUSHD) could generate a similar run in 2024 and its presale event serves as the perfect entry for prospective investors looking for outsized gains this year. To date, Pushd has boarded over 6,000 new holders four weeks into its presale, indicating massive buying pressure very early on.

Dogecoin (DOGE) Interest on the Wane?

According to Santiment data, Dogecoin’s (DOGE) social volume was at its all-time lows. This indicates searches and mentions of Dogecoin (DOGE) on social media and search engines have plummeted—confirming that interest in Dogecoin (DOGE) is waning. Dogecoin’s (DOGE) poor price action was a major factor in its decline. As of this writing, Dogecoin (DOGE) price was $0.08046, representing an approximate -14% loss on a Year-To-Date (YTD) basis. Dogecoin (DOGE) is set for more sideways movement—if not an outright decline.

Shiba Inu (SHIB) Going Out of Fashion

Shiba Inu (SHIB), like Dogecoin (DOGE), was another meme coin that characterized how retail investor frenzy can push token prices to meteoric heights. But entering 2024, Shiba Inu (SHIB) looks like a spent force. Shiba Inu (SHIB) has shown some signs of life in the past 24 hours, up 2.16% as it traded at $0.000009197. Shiba Inu (SHIB) holders have taken a -22.2% loss on a YTD basis, with its price action following Dogecoin (DOGE), as well as the latter’s diminishing social volumes.

Pushd (PUSHD) Generating DOGE-Levels of Momentum

Pushd (PUSHD) is a presale project on the verge of a big breakout. With over 6,000 holders already strapped in just mere weeks after the project launched, Pushd, the first decentralized online marketplace, is on a parabolic trajectory expected to rival Dogecoin (DOGE) and Shiba Inu’s (SHIB) rise. The presale will see the platform’s native token, PUSHD, made available at an introductory rate of $0.075, presenting an ideal price point to join what could be an easy 50x in the mid-term.

Pushd (PUSHD) is building the premier decentralized online marketplace to compete with traditional ecommerce platforms like Amazon. Market analysts believe Pushd could capture a segment of the $9 trillion ecommerce industry and is set for major strides in 2024.

Pushd (PUSHD) presale investors will be given exclusive incentives, such as an account-linked debit card for online shopping, a revenue share on platform fees and beta access to new features. PUSHD holders will also have 24/7 access to the marketplace’s commission-free swap service.

Pushd has secured investor trust by undergoing a full audit and respective platform and team token allocation locks. All in all, Pushd (PUSHD) has greatness written all over it.

Find out more about the Pushd presale at their official website.