Ordi (ORDI) and Near Protocol (NEAR) Fall Flat: Why is Pushd (PUSHD) Presale Smashing ICO Records?

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Read about the health of crypto markets in early 2024, and you’ll be forgiven for thinking all is well across the board. However, many coins, such as Ordi (ORDI) and Near Protocol (NEAR), continue to swim against the tide, while some newbies, such as Pushd (PUSHD), are taking flight. Here’s why Pushd (PUSHD) is on such a hot run while Ordi (ORDI) and Near Protocol (NEAR) are struggling.

Ordi (ORDI): Investors remain skeptical after initial price pumps

Ordi (ORDI) launched in 2023 as the first BRC-20 token on the Bitcoin blockchain, aiming to capitalize on the growing trend of NFTs and collectibles inscribed onto Bitcoin.

After a stunning launch that saw the coin price over 20x, Ordi (ORDI) has become increasingly controversial. Many see the coin as a spam coin that’s cluttering the crypto space with subpar meme coins detracting from Bitcoin’s primary purpose.

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This has been reflected in the price of Ordi (ORDI) falling from $88 on 2 Jan 2024 to its current value of $69.44 at the time of writing as scrutiny in Ordi (ORDI) grows and confidence fades.

Near Protocol (NEAR) price flatlines

Near Protocol (NEAR) is a layer-1 blockchain initially designed as a community-led cloud-based platform, eliminating some of the limitations experienced by other chains.

Conquering the issues of slow transaction speeds, poor interoperability, and low throughput, Near Protocol (NEAR) uses human-readable account names rather than cryptographic wallet names. It utilizes the unique “Doomslug” consensus protocol.

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Although Near Protocol (NEAR) is trading 47.5% higher than a year ago at the time of writing, its recent trajectory is bearing, with almost 15% lost in the past week at the time of writing. Investors are keenly waiting to see if this flatlining is a short-term blip or a longer-term issue.

Pushd (PUSHD) presale ripping up the rulebook

Among the many projects battling to make headway, Pushd (PUSHD) is setting new records with its incredible presale performance. After stage 1, 2 and 3 selling out within 3 weeks, stage 4 is now in progress with tokens priced at just $0.075.

Bringing a unique decentralized e-commerce marketplace to the online world, Pushd (PUSHD) is aiming for the likes of Amazon and eBay. Using the blockchain to create a peer-to-peer platform that eliminates high transaction fees, lengthy wait times to access funds, and KYC requirements, Pushd (PUSHD) is on course to become a crypto sensation.

As its presale sells out in record time, and with a $6 trillion-valued market in its sights, Pushd (PUSHD) is one to watch in 2024.

Conclusion

There’s no question that crypto markets are improving in health, yet some projects like Ordi (ORDI) and Near Protocol (NEAR) continue to battle strong headwinds. That’s why so many investors are abandoning these established projects in favor of Pushd (PUSHD), a unique new player in the crypto marketplace with strong fundamentals pushing enormous and unlimited growth potential.

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

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