Introduction
Chainlink (LINK) and Polygon (MATIC) were among the best performers of the last bull run in 2021. However, three years later, they have been overshadowed by newer protocols that have experienced parabolic gains. In 2024, Chainlink (LINK) and Polygon (MATIC) are losing their appeal as protocols like Pushd (PUSHD) emerge, with market analysts predicting a 15x increase in the next 12 months. Here’s why:
Bearish Prospects for Chainlink (LINK) and Polygon (MATIC) in 2024
Chainlink (LINK) saw a remarkable recovery of 120% over the past 12 months, making it one of the solid performers. On the other hand, Polygon (MATIC) remained unchanged during the same period, recording a 0.2% loss according to CoinGecko statistics at press time. Despite challenges from newer Layer 2 solutions like Arbitrum and Optimism, MATIC has demonstrated resilience. However, market analysts believe that both Chainlink (LINK) and Polygon (MATIC) will face a bearish market in 2024.
Chainlink (LINK) has been particularly disappointing for long-term holders who bought in during the 2020-2021 halving/bull run cycle. On January 1, 2021, one MATIC token was priced at $0.02, while one LINK token was priced at $12. Exactly three years later, on January 1, 2024, one MATIC token was worth $1, and one LINK token was worth $15. This represents only a three-dollar gain from 2021 prices for Chainlink (LINK).
Chainlink (LINK) and Polygon (MATIC) Bagholders Join Pushd (PUSHD) Presale
The smart money in crypto has always been invested in high-potential, low-cap protocols with moon potential. That’s precisely what new presale sensation Pushd (PUSHD) is bringing to the table with the launch of its highly anticipated presale, which has drawn over 12,000 participants and counting. The decentralized ecommerce protocol is expected by market analysts to experience significant growth in 2024.
Pushd is entering stage 3 of its presale after selling out almost three consecutive presale token allocations within the third week of its presale. The hype is building up as Pushd aims to create a Web3 rival to ecommerce platforms like eBay and Amazon, challenging the dominance of traditional platforms with exorbitant fees, overbearing KYC and listing policies, and slow transaction processing times.
Pushd, in contrast, offers users minimal KYC and platform fees, low listing charges, and, most importantly, a guaranteed revenue share from profits raised by the Pushd marketplace. Pushd token holders will be rewarded with a greater revenue share based on the number of tokens they hold, serving as a significant incentive for growth-minded investors.
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?
