Bitcoin Cash (BCH) and Toncoin (TON) have underperformed relative to other tokens as February rolls on. With both tokens having grown to market capitalizations in the billions, Bitcoin Cash (BCH) and Toncoin (TON) offer limited growth potential relative to other low-cap projects that haven’t had a chance to moon yet. It is therefore not surprising why a good number of Toncoin (TON) and Bitcoin Cash (BCH) holders are among the 25,500 strong registrants at the Pushd (PUSHD) presale. Pushd is a decentralized P2P marketplace protocol with a lot of room to run in 2024 and it’s poised to outperform Bitcoin Cash (BCH) and Toncoin (TON) in 2024, here’s why.
What you'll learn 👉
Bitcoin Cash (BCH) Network Activity Dwindles by 81%
Bitcoin Cash was created with larger block sizes to follow through with its vision of creating a decentralized peer-to-peer cash system, but it has failed to stoke much interest. Bitcoin Cash hashrates are also falling in January, with its hashrate failing to exceed 2EH/s. For comparison, Bitcoin’s (BTC) January hashrate was 500-565 EH/s. Diminishing hashrates indicate a lower demand for a cryptocurrency.
Toncoin (TON) Down 6% in the Past Month
Investors are becoming cautious as Toncoin (TON) navigates an increasingly uncertain path to success. Toncoin (TON) last traded at $2.09 or 61.3% below its all-time highs of $5.29 last November 2021. According to data from CoinGecko, Toncoin (TON) has a total market capitalization of $7.1 billion and a 24-hour trading volume of $15.9 million as of this writing. Consequently, Toncoin (TON) holders are reallocating their investments towards the Pushd presale.
Pushd (PUSHD) Over 25,500 Holders in 4 Weeks
Pushd’s (PUSHD) vision of building the first viable decentralized contender to e-commerce platforms like eBay, Alibaba and Amazon has gained serious traction in the past 4 weeks. Since launching its presale for its Pushd (PUSHD) token, the protocol has received over 25,500 sign-ups and closing in on the 26,000 holder mark as early February rolls on. Pushd (PUSHD) tokens are currently available at a stage 5 price of just $0.094, representing the ideal entry point for prospective investors who wish to make more substantial gains in 2024.
Market analysts have singled out Pushd (PUSHD) as a rare low-cap gem with an insanely high potential to reach stratospheric heights in the next couple of years. Its presale is an early indication of the demand for utility-focused solutions in the next bull run and PUSHD is expected to be among the poster children of the new generation of cryptocurrencies with real-world use cases. It is widely expected that Pushd (PUSHD) will outperform big-cap coins like Bitcoin Cash (BTC) and Toncoin (TON) in terms of price appreciation in 2024 with market analysts predicting Pushd (PUSHD) to deliver at conservative 10x to a bullish 40x by the time the next bull run comes around.
The largest gains in crypto are made by acting early. Don’t miss out on the opportunity to be part of the first decentralized P2P online marketplace with minimal fees, KYC requirements and instant payouts. Join the Pushd presale today.
Find out more about the Pushd presale at their official website.
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