Experts and analysts are always speculating on which coins are likely to do well, rise or fall based on market conditions, historical patterns and trends. Many have backed assets like Litecoin (LTC) and Internet Computer (ICP) in the past, with the analysis proving true. Now, top analysts are predicting a new token, Pushd (PUSHD), to be the best crypto investment this year.
If you are looking for information on which cryptos analysts think will be the best investment in 2024, you're at the right place.
Litecoin (LTC) Gains In Popularity But Not Price
Few tokens can compete with Litecoin (LTC) in terms of longevity, and a smaller set when it comes to market capitalization. This digital money recently became the most used asset for payments, surpassing even Bitcoin (BTC). Yet, analysts are more convinced about alternative coins like Pushd (PUSHD).
Despite an increased number of active accounts on the Litecoin (LTC) blockchain, the value of 1 Litecoin (LTC) has been dropping across charts. Litecoin (LTC) has declined by less than 1% in the last three months, 15% in the last month, and has had no increase in the last week. Across 24-hour charts, another 0.03% decline has been observed.
As 88% of the maximum supply of Litecoin (LTC) is already in circulation, analysts do not see the long-term potential of the token.
Internet Computer (ICP) Could See Reversal
Internet Computer (ICP) is a protocol that facilitates the connection of multiple independent servers, creating a decentralized alternative to the current Internet. Aiming to be the web3 internet, it maintains a market cap of $5.55 Billion. Many developers prefer Internet Computer (ICP) because of its advanced technology.
The token had seen an upsurge starting in November, and picking up steam just as the year closed. However, it is experiencing a decline in the most recent charts, down by 16% compared to a week ago and 4% compared to 24 hours ago. Analysts agree with the utility that Internet Computer (ICP) offers but are less enthusiastic about its potential.
Is Pushd (PUSHD) The Best Investment Compared To Litecoin (LTC) And Internet Computer (ICP)?
Analysts seem to prefer web3 marketplace Pushd (PUSHD) to other projects like Litecoin (LTC) and Internet Computer (ICP) for several reasons. Pushd (PUSHD) costs less than other established tokens, at $0.06 per Pushd (PUSHD) during the presale phase. It also has a total supply of 250 million, which allows it to achieve more than tokens which are closer to hitting their maximum supply.
Pushd (PUSHD) also offers exciting utility to users, as the first decentralized online marketplace, including lower transaction fees, and decentralized governance. Additionally, Investors stand to gain more from Pushd (PUSHD) like payment from platform fees and rewards for performing tasks.
Thorough analysis suggests that Pushd (PUSHD) is a future blue-chip crypto with immense potential, and analysts consider it the best investment in the year. We can't help but agree with them.
Find out more about the Pushd presale at their official website
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
