Solana (SOL) and Polygon (MATIC) were among the biggest gainers of the last Bitcoin halving cycle and subsequent bull market in 2020 and 2021. Entering the 2024 cycle, however, both large-cap tokens have been languishing early on, causing capital outflows to projects with massive potential to moon in 2024. To that end, Solana (SOL) and Polygon (MATIC) holders have been diversifying their holdings into decentralized online marketplace protocol Pushd (PUSHD), which market analysts believe can draw over 20,000 holders before it even launches and lists due to the massive traction its presale has gained.
Solana (SOL) Gets a Mention from Franklin Templeton
Trillion-dollar asset management firm Franklin Templeton recently gave Solana (SOL) a mention on its X/Twitter account, driving speculation about a potential Solana (SOL) ETF in the near future. The TradFi asset manager cited the growth of the Solana (SOL) ecosystem as one of the catalysts for the blockchain’s impressive performance over the past year. However, the speculation surrounding the asset manager launching a Solana (SOL) ETF is wishful thinking at this point in time.
Polygon (MATIC) Prices Take a Dump
According to a January 18th X/Twitter post by crypto intelligence platform Spot on Chain, bankrupt cryptocurrency lender Celsius sent approximately $22 million worth of Polygon (MATIC) tokens to Binance and Crypto.com as part of its efforts to repay its creditors. The move coincided with a 3.3% decrease in Polygon (MATIC) prices, as the token traded at $0.78 at press time.
Can Pushd (PUSHD) Hit 20k Holder Milestone Before it Launches?
Pushd (PUSHD) is in prime position to hit a remarkable milestone as its presale approaches 16,000 registrants entering its third week. As at stage 4, with token prices at $0.075, Pushd (PUSHD) could very well break past the 20,000 holder milestone—before it even lists on major exchanges. This bodes well for presale investors, who have an excellent chance of making a handsome return on investment when Pushd (PUSHD) fully launches ahead of the Bitcoin halving-induced bull market.
With three successful presale stages sold out, Pushd (PUSHD) is fast gaining traction behind its vision of revolutionizing the ecommerce landscape dominated by Web2 giants like Amazon and eBay. Pushd’s decentralized online marketplace model offers a Web3 alternative to traditional ecommerce platforms, eradicating excessive fees, restrictive KYC requirements, and arbitrary policies that stifle user experience on such marketplaces.
At the heart of this revolution lies the native Pushd (PUSHD) token, the driving force behind the decentralized marketplace’s economy. This innovative approach has led a good number of Polygon (MATIC) and Solana (SOL) investors to diversify into Pushd (PUSHD), giving credence to what many market analysts believe could be the best presale investment opportunity of the year thus far.
Crypto analysts believe Pushd (PUSHD) can easily surge to $1 upon listing, representing an easy 15x gain ahead of the bull run—and positioning it even for even greater gains when the bull market fully returns. The quarterly token burn will drive scarcity and drive further demand, making 50x a realistic possibility by year-end.
For more information about the ongoing Pushd (PUSHD) presale, please visit their website
