Pepe, Dogecoin and Shiba Inu likely to fall, Pushd (PUSHD) predicted to overtake all three

The post Pepe, Dogecoin and Shiba Inu likely to fall, Pushd (PUSHD) predicted to overtake all three appeared first on Coinpedia Fintech News

Meme coins PEPE (PEPE), Dogecoin (DOGE), and Shiba Inu (SHIB) are expected to stumble out of the gate in 2024, falling out of favour behind newer, more exciting projects like Pushd (PUSHD). The latter is poised to overtake PEPE, DOGE, and SHIB in 2024 after selling out of its first-stage presale token allocation within days of its launch.

Moreover, over 8,000 interested presale registrants have already joined the Pushd presale within 5 days since announcing its launch, showing how much traction the project is gaining ahead of big-cap meme coins like SHIB, PEPE, and DOGE. Here’s why.

Can PEPE (PEPE) Bounce Back? 

PEPE (PEPE) was the first true breakout meme coin of 2023. The meme coin, which explicitly stated it has no utility nor value to offer investors, suddenly grew to a $1 billion market capitalization within several weeks of launching. This coincided with new crypto millionaires who minted fortunes by buying early in PEPE. However, entering 2024, there hasn’t been much activity on the development side for PEPE. Climbing back to a $1 billion market cap will be a challenge for PEPE in 2024 given the intensified competition from projects that offer more potential gains like Pushd.

Dogecoin (DOGE) Flirting With Modest Growth Potential in 2024

Dogecoin (DOGE) has generated parabolic gains for early-stage investors who capitalized on the last bull run in 2021 when DOGE reached all-time highs. Since then, Dogecoin has gone on a steep decline. While DOGE enjoyed relative stability in 2023, not to mention a decent uptick in value, crypto analysts believe Dogecoin might be in line for further reductions as it loses ground. There are more attractive investment opportunities in 2024 than betting on a modest resurgence from Dogecoin.

Shiba Inu (SHIB) Could Gain More Ground

Shiba Inu (SHIB) notably rose to astronomical prices relative to its beginning as a meme coin lampooning Dogecoin. However, Shiba Inu took the bold step of expanding its ecosystem, creating its decentralized exchange, Layer-2 scalability platform, play-to-earn offerings, and a metaverse to boot. Since then, Shiba Inu has become more than just a meme coin, offering a look at how meme coins might evolve to support entire crypto ecosystems. As a result of the positive developments, analysts believe SHIB might be the best big-cap meme coin to invest in this year.

Pushd (PUSHD) Presale On Pace for a Stage 2 Sellout

However, it’s not DOGE, SHIB, or PEPE that will make serious games over the next 12 months. According to established crypto observers, new, innovative projects like Pushd (PUSHD) have greater short-term growth potential than meme coins with large market caps. Pushd is building the first decentralized marketplace protocol to rival the likes of Amazon, and its presale has generated over 8,000 participants just 5 days after announcing its launch. Pushd is entering stage 2 of its much-awaited presale after selling out its entire stage one token allocation in a few days. 

Besides creating the first viable decentralized marketplace alternative, PUSHD tokens enable holders to earn passive income from revenue sharing. They will receive a portion of the proceeds generated by the platform in transaction fees. With PUSHD tokens available at $0.048 during stage 2, presale investors can be in line for 20x gains in 2024 should a bull market materialize. Join thousands of investors who are investing in the future of ecommerce today with Pushd.

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