Chainlink (LINK) and Polygon (MATIC) were among the best performers of the last bull run in 2021. But three years after, they have been completely superseded by newer protocols that have gone on to make parabolic gains. In 2024, Chainlink (LINK) and Polygon (MATIC) are falling out of fashion as protocols like Pushd (PUSHD) emerged, with market analysts predicting that the decentralized online marketplace protocol can do a 15x in the next 12 months. We can’t say the same for Chainlink (LINK) and Polygon (MATIC). Here’s why:
Chainlink (LINK) and Polygon (MATIC) Facing Bearish Prospects in 2024
Chainlink (LINK) remarkably recovered by 120% over the past 12 months, making it among the solid performers of the past year. Polygon (MATIC), on the other hand, has actually remained unchanged over the past 12 months, recording a 0.2% loss as per CoinGecko statistics at press time. However, MATIC has largely held up its value throughout the 2022 bear market, demonstrating resilience even as it faces challenges from newer L2s like Arbitrum and Optimism. Not much has changed as far as the outlook for either MATIC or Chainlink (LINK), with a growing number of market analysts believing that both prominent cryptos will be bearish in 2024.
Chainlink (LINK), in particular, has been a massive disappointment for long-term holders who bought in during the 2020-2021 halving/bull run cycle. See, on January 1, 2021, one MATIC token was priced at $0.02, while one LINK token was priced at $12. Exactly three years to the day on January 1, 2024, and one MATIC token was worth $1, and one LINK token was worth $15. That’s a three dollar gain from 2021 prices for Chainlink (LINK). Grim.
Chainlink (LINK) and Polygon (MATIC) Bagholders Join Pushd (PUSHD) Presale
The smart money in crypto has always been investing in high-potential, low-cap protocols with moon potential. That’s exactly what new presale sensation Pushd (PUSHD) is bringing to the table with the launch of its hotly-anticipated presale which has drawn over 12,000 participants—and counting. The decentralized ecommerce protocol is tipped by market analysts to be good value to go on a massive run in 2024, with the Bitcoin halving and bull run ominously imminent. The hype is building up as Pushd enters stage 3 of its presale after selling out almost three consecutive presale token allocations as it enters the third week of its presale shortly.
Pushd’s vision of building a Web3 rival to ecommerce platforms like eBay and Amazon is gaining a multitude of believers,with Pushd looking to challenge the dominance of traditional ecommerce platforms that charge exorbitant transaction and listing fees, overbearing KYC and listing policies, and slow transaction processing times. On the other hand, Pushd will offer users minimal KYC and platform fees, low listing charges, and above all, a guaranteed revenue share from profits raised by the Pushd marketplace. Pushd token holders will be rewarded with a greater revenue share the more tokens they hold, which has no doubt served as an incentive for growth-minded investors to join what analysts believe is the best investment opportunity of 2024.
Leave the big cap coins if you want big gains in 2024. The next blue chip coin is looking quite obvious but are you able to see the signs as well?
Find out more about the Pushd presale at their official website.
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