Why analysts are predicting Pushd (PUSHD) to be the best investment of 2024 over Shiba Inu (SHIB) and Cardano (ADA)

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As people invest in cryptocurrencies amidst the changing trends of 2024, experts are focusing on three main digital assets: Shiba Inu (SHIB), Cardano (ADA), and the emerging Pushd (PUSHD). SHIB is gaining popularity due to significant accumulation on Robinhood, ADA encounters pricing difficulties despite heightened whale involvement, and Pushd (PUSHD) stands out with remarkable presale interest, making it an attractive investment option.

Shiba Inu (SHIB): Robinhood’s Massive Accumulation Signals Bullish Potential

In an unexpected move, Robinhood, a significant US brokerage firm, acquired an impressive 233 billion Shiba Inu (SHIB) tokens in just 24 hours. This accumulation, amounting to 36.68 trillion SHIB and valued at around $349 million, now ranks SHIB as the third-largest cryptocurrency on Robinhood. Despite facing a bearish market sentiment with a 5% price decrease over the week, the significant interest from Robinhood hints at a potential bullish trend in the near future. The surge in large transactions by crypto whales further adds to the anticipation of positive price movements.

Cardano (ADA): Whales Boosting Transactions but Price Faces Challenges

Cardano’s network is currently seeing a notable increase in significant transactions, totaling $13 billion. This surpasses the average transaction volume of similar size on Ethereum over the past seven days. Despite increased transaction activity, ADA’s price hasn’t shown significant improvement. It crossed important support levels and dropped below the 50-day Exponential Moving Average (EMA). The next obstacle for Cardano (ADA) is the 100 EMA. However, with decreasing volume, the support may not be very strong. Questions arise about the intentions behind whale transactions—whether for long-term strategic positions or broader strategies like redistribution or profit-taking.

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Pushd (PUSHD): Decentralizing E-Commerce with Unprecedented Presale Interest

Pushd (PUSHD) is becoming notable as a promising opportunity ahead of its scheduled launch in 2024, drawing the interest of around 18,000 participants within a span of two weeks. It presents itself as a decentralized substitute for prominent e-commerce platforms such as Amazon and eBay, leading to a transformation in the conventional online shopping landscape. The presale is progressing well, with four consecutive stages expected to sell out, highlighting the increasing momentum and interest in its value proposition.

Pushd (PUSHD) distinguishes itself by combining the advantages of established Web2 platforms with blockchain technology. This results in lower transaction fees, increased user empowerment, and opportunities for early investors to generate income through revenue sharing and staking/yield farming. Priced at $0.075 during the presale, Pushd (PUSHD) is perceived as a valuable investment with potential for significant growth, especially around the next Bitcoin halving cycle in April, providing a genuine opportunity for a 40x gain.

Find out more about the Pushd presale at their official website

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