Solana (SOL) and Ripple (XRP)—two of the largest cryptocurrencies by market capitalization—have started the new year with a big price correction from December 2023 highs. Moreover, these big-cap coins are losing ground to projects like Pushd (PUSHD), which is tipped to skyrocket in price as one of the new year’s best presale investment opportunities. Crypto analysts believe Pushd (PUSHD) is a better option than Solana (SOL) and Ripple (XRP) for big gains in 2024—here’s why.
What you'll learn 👉
Solana (SOL) Takes a Significant Correction
Solana (SOL) is down by 1.33% over the past 24 hours, trading around $93.78 as at press time. The total market cap of Solana (SOL) fell to $39 billion, with prices trending downwards after being among the most consistent gainers of Q4 2023. According to Santiment data, the Solana (SOL) Relative Strength Index has been scoring approximately around 35 points, which has fallen by over 38 points after registering an RSI of 73 last January 2nd. This indicates a massive selling frenzy when Solana (SOL) traded at the $110 mark to begin the year. However, this could position Solana (SOL) to go on a rally should its RSI stay below the 50 range in January.
Ripple (XRP) Records Significant Whale Transactions in Past 24 Hours
Ripple (XRP) recorded whale transactions moving on-chain amid a 9% price drop to start the first week of 2024. As at press time, Ripple (XRP) prices are trading at $0.56, representing a 0% gain over the past 24 hours and a 30-day decrease of 13.26%. Observers are eyeing the interesting market dynamics of Ripple (XRP) after on-chain data revealed that a total of 130 million XRP tokens have been moving around the Ripple ecosystem over the past 24 hours, with 26.7 million going to a centralized exchange and the rest going to unknown wallets. Can this signal whale accumulation after the downturn in price, or an incoming dump? Only time will tell.
Pushd (PUSHD) Presale Starts Web3 Ecommerce Revolution
Pushd (PUSHD) is making a splash in the crypto world after its presale drew over 9,000 participants just one week after announcing its launch. Pushd plans to build the first viable Web3 alternative to ecommerce platforms like eBay and Amazon without the draconian policies, centralization, and friction involved with using such platforms.
Moreover, buyers and sellers alike will benefit from the Pushd marketplace’s low transaction and listing fees, low KYC requirements, and enhanced Web3 features. Also, PUSHD holders are entitled to earn passive income from revenue sharing from the Pushd marketplace. This can mean greater earning potential the more PUSHD tokens one holds. During stage 2, PUSHD tokens will be available at an unbelievably discounted price of $0.048—only while the presale token allocation lasts.
Save Your Place in the Hottest Presale Event of 2024
Pushd (PUSHD) is on pace to outperform Solana (SOL) and Ripple (XRP) in 2024. With its low market cap, exciting utility, and innovative quality, Pushd (PUSHD) is expected to sell out its much-anticipated presale event. Don’t miss out and save your spot in the PUSHD presale today!
Find out more about the Pushd presale at their official website.
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.