Binance Coin (BNB) on the Rise
Binance Coin (BNB) and Tron (TRX) displayed notable performances as 2023 came to a close. BNB, in particular, has been on a tear since Q4 2023, reaching $333 on January 3. Analysts observe the formation of a bullish flag pattern for BNB, often interpreted as a potential continuation of an emerging trend. If the uptrend persists in 2024, BNB may surpass $400 for the first time since 2022.
Tron’s Diminishing Returns in 2024
Tron has risen to become one of the top 15 cryptocurrencies by market capitalization, growing by 90% in 2023 after the extended crypto winter of 2022. However, the large market cap status of Tron limits its potential return on investment. Investors seeking growth are exploring alternative opportunities in the crypto market offering better potential gains than Tron in 2024.
Pushd: A Potential Outperformer
Pushd (PUSHD), currently in its presale phase, is gaining attention from crypto analysts as an early candidate that may outshine BNB and Tron in price action. Pushd aims to revolutionize online trading by building the first decentralized ecommerce marketplace, simplifying buying and selling online using web3-inspired principles.
- Vendors benefit from easy product listing and the elimination of KYC processes.
- Users can buy, sell, and host auctions within minutes on the Pushd platform.
- Lower listing fees on the Pushd platform result in significantly reduced prices for buyers.
- Transactions on the Pushd blockchain are on-chain, ensuring transparency and instant payments.
- Pushd offers a swap service, allowing users to easily exchange cryptocurrencies within the application.
PUSHD Presale Expectations
In stage 1 of the presale, PUSHD is currently available for $0.035. Notably, within 72 hours of launching, over 70% of its stage 1 PUSHD allocation has been sold.