Optimism (OP) has established itself as one of the leading L2 platforms on Ethereum (ETH), surging to all-time highs in the past week. Cardano (ADA), meanwhile, is floundering with a lack of serious activity on its blockchain. Nevertheless, Optimism (OP) holders are rolling over their gains into the Pushd (PUSHD) presale, as Cardano (ADA) holders hedge their underperforming holdings on the latter.
What you'll learn 👉
Optimism (OP) Holders Banking on Strong Ethereum (ETH) Performance
Optimism (OP) went on a big run in Q4 2023, with Optimism (OP) token prices rising from $1.39 at the end of October 2023 to reach yearly highs of $4.09 towards the end of December 2023. Since then, Optimism (OP) has hit an all-time high by reaching $4.23 behind the approval of the spot Bitcoin (BTC) ETF, and corrected by 24% to trade around the $3.20 mark as of this writing.
Optimism (OP) has demonstrated remarkable resilience, making higher highs and higher lows throughout 2024. Being a Layer-2 scalability platform for Ethereum (ETH), Optimism’s (OP) fortunes will be closely tied to the former’s performance in 2024.
Research Firm K33 Throws Shade at Cardano (ADA)
Cardano (ADA) prices are down 17% in the past 30 days, belying a serious lack of momentum for the smart contract platform. Several days ago, crypto research firm K33 released a scathing report where it noted the lack of serious DeFi activity on Cardano (ADA), owing to the fact that Tether (USDT) and Circle (USDC issuer) haven’t issued stablecoins on the platform.
Despite the purported lack of meaningful activity on Cardano (ADA), it remains the 8th-largest crypto by market capitalization. However, its potential as a financial investment is seriously curtailed by its gargantuan size, which would require billions in fresh capital to pump Cardano (ADA) prices. How will Cardano (ADA) generate the hype?
Pushd (PUSHD) Stage 4 Presale Goes Live with 20K Registered Participants
One of the benchmarks of a presale crypto with the potential to go parabolic is the interest it drums up when it launches. Pushd (PUSHD) has exceeded all expectations and is now trading in stage 4 with over 20,000 registered sign ups. The buying pressure for Pushd (PUSHD) is rising, with tokens available at $0.075.
Pushd (PUSHD) plans to build the premier decentralized online marketplace powered by Web3 technology, with the financial backing and the team expertise to carve out a niche for itself as the leading blockchain-based ecommerce platform. Pushd (PUSHD) plans to capture a piece of the lucrative $8 trillion ecommerce market with the launch of its decentralized platform that will feature minimal fees, no KYC, and various revenue sharing and passive income opportunities for presale investors to capitalize on.
Presale investors are assured of the platform’s future viability and profitability with its team token allocation locked for 700 days and by locking platform liquidity for 20 years. With a token supply of 250 million Pushd (PUSHD) tokens up for grabs, market analysts believe that the project is positioned to deliver outsized gains for early-stage investors ahead of the bull run in 2024.
Find out more about the Pushd presale at their official website.
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