Chainlink (LINK) and Polygon (MATIC), which have been around for several years, are important parts of cryptocurrency today. But, because the blockchain business is always changing, new and creative projects are gaining traction every day.
A new crypto gem called Pushd (PUSHD) is getting lots of attention from the crypto community. Pushd has brought the world its first decentralized blockchain marketplace for buying and selling. But what is it that has made experts excited about Pushd?
What Does the Presale Gem, Pushd Offer?
Pushd (PUSHD) aspires to be the world’s first blockchain-based decentralized online marketplace. Pushd uses blockchain technology to improve security, transparency, and decentralization in the eCommerce market.
Users only need to fill out their profile during registration. Then, sellers can offer their products, and consumers can browse the listings. After each transaction is completed, the blockchain securely logs it and transfers the tokens to the seller’s account.
With Pushd, users can instantly buy, sell, or auction products online using cryptocurrencies without the need to complete KYC checks. The platform offers significantly lower fees than typical marketplaces, enabling quick deposits and withdrawals and reducing the waiting time to access funds once a sale has been made.
Chainlink (LINK) and Polygon (MATIC) Are Losing Steam
The Chainlink network gained popularity because of its decentralized Oracle that fetches and provides accurate info to smart contracts. This made Chainlink one of the top blockchains for bridging the real world to blockchain.
This has made LINK coin grow profoundly over the years. Polygon, on the other hand, was built to solve the scalability and usability challenges of the Ethereum blockchain. It also gained popularity for its multi-chain capabilities. However, the MATIC token has struggled in 2023.
From a high of $1.54 in February 2023, the Polygon price has dropped to $0.95 in December 2023. Aside from its price slump, Polygon and Chainlink, are still two of the top altcoins in today’s market. However, some analysts believe that they may have peaked and that newer, more innovative projects like Pushd may soon overtake them.
Why Pushd Has A Greater Ceiling Than Chainlink and Polygon
Pushd’s plan to integrate blockchain technology into eCommerce, gives it access to a $6 trillion industry. This is significantly greater than the market cap of the global crypto space. Also, Pushd has the first-mover advantage.
So, as the eCommerce market grows and embraces blockchain, Pushd will be at the center of this growth. Pushd also compensates its users through a rewards program meant to encourage people to actively engage with the platform and create a healthy ecosystem.
This has heightened interest in the blockchain network and its utility token, PUSHD. The token is presently worth $0.01, but analysts estimate it will be worth 50x more towards the end of 2024.
This is due in large part to the token serving as the principal medium of exchange on a platform with access to the $6 trillion eCommerce sector. Pushd might expand and overtake giants like Chainlink and Polygon network due to the far-reaching implications of a $6 trillion market.
Final Thoughts
While Polygon and Chainlink are important participants, Pushd has started with unique features in a vast market, prompting many analysts to anticipate that it will overcome these established projects.
While the project is still in presale, investors have a wonderful opportunity to participate before the price skyrockets, as analysts forecast.
For more information about the ongoing Pushd (PUSHD) Presale, please visit their website.
Join our WhatsApp and Telegram Community to Get Regular Top Tech Updates
