Memecoins have become wildly popular over the last few years. Shiba Inu (SHIB), Pepe (PEPE), and Dogecoin (DOGE) are among the most popular memecoins. These coins have given investors returns on their investments in multiple folds. Depending on when you bought any of these tokens, you may have received up to a thousandfold what you invested.
Despite how much ROI Shiba Inu (SHIB), Pepe (PEPE), and Dogecoin(DOGE) gave investors, the question of their utility plagues their long-term relevance. That’s why analysts recommend tokens with actual utility. One top analyst in particular favors a newly-launched token called Pushd (PUSHD).
What do Shiba Inu (SHIB), Pepe (PEP), and Dogecoin (DOGE) All Have In Common?
They’re all memecoins that were created in the likeness of animal characters. Shiba Inu (SHIB) is named after the Shiba Inu, a Japanese hunting dog breed. Pepe (PEPE) is named after Pepe the Frog and Dogecoin (DOGE) is named after the Shiba Inu dog from the “doge” meme.
Despite being memes, all these tokens have experienced periods of wild success. They have been propelled by the power of internet herd culture. However, their lack of real-world utility has made it difficult for them to reach the heights of the most utility-backed cryptocurrencies.
Nonetheless, they have been pretty successful in their own right. Dogecoin (DOGE) is the 10th biggest crypto in the world by market cap, while Shiba Inu occupies the 17th spot. Pepe (PEPE) currently occupies the 104th spot but has made massive strides in the last month.
Dogecoin (DOGE) boasts a market cap of about $13 billion and a daily trade volume of $226.5 million. Shiba Inu (SHIB) has a market cap of over $6 billion and a daily trade volume of over $86 million. Pepe (PEPE) currently caps at $562 million with a daily trade volume of $56.5 million.
Pushd (PUSHD) Kicks Memes Out Of The Park
Unlike Shiba Inu (SHIB), Pepe (PEPE), and Dogecoin (DOGE), Pushd (PUSHD) is not a memecoin. It is a crypto project backed by real-world utility. Investors in Pushd (PUSHD) get to keep a share of the transaction fees on Pushd (PUSHD) and are assured of long-term profitability through the 20-year liquidity lock period baked into the blockchain.
Pushd (PUSHD) is currently in Stage 1 of its presale, meaning it’s selling for only $0.035. With a total supply of 250 million tokens, Pushd (PUSHD) is still a low market cap project with high growth potential. Our top analyst is convinced it’s a blue-chip project.
Although Shiba Inu (SHIB), Pepe (PEPE), and Dogecoin (DOGE) could see some positive price movements in the future, analysts recommend tokens like Pushd (PUSHD) for maximum ROI. Pushd (PUSHD) will be the world’s first decentralized online marketplace so we can understand why.
Pushd (PUSHD) is set to rival the biggest e-commerce companies with its decentralized e-commerce platform complete with the lowest fees and fastest transaction times. What screams utility louder than that?
For more information about the Pushd (PUSHD) Presale, visit their website.