Trader tips Pushd over Cardano and Chainlink

An expert trader has picked Pushd (PUSHD) – a new project still in its presale stage – over Cardano (ADA) and Chainlink (LINK).

Arthur Hayes dismisses Cardano

BitMEX co-founder Arthur Hayes has dismissed Cardano after claiming that there are no heavily used decentralized apps (dapps) based on the blockchain.

Hayes shared this in an X post on Feb. 21 in which he shared an image that highlights fees generated by various dapps across the crypto space.

Cardano is no stranger to people throwing shade at it. Despite these remarks, Cardano is a top-ten cryptocurrency with a market capitalization of more than $20 billion.

In the past month, Cardano has gained 14% as its price rose from $0.4944 on January 23 to $0.5897 on Feb. 21.

Chainlink whales accumulating

Over the past year, Chainlink has surged 140% after its price increased from $7.64 to $18.40 on Feb. 21.

Chainlink reached a high of $$20.70 on Feb. 12 and has been on a slide since then.

Analysts are optimistic that Chainlink will perform well in 2024 and beyond due to the demand for real-world assets.

Focus shift to Pushd

Pushd will be an online marketplace that allows users to buy, sell, rent and auction their products.

Due to the use of blockchain technology, Pushd will be more secure and transparent.

The Pushd team consists of people who have previously worked for e-commerce giants such as Amazon and eBay.

This gives Pushd a head start and places it in prime position to claim the lion’s share of a market worth $6 trillion.

Pushd has a limited supply of 250 million tokens.

Early adopters will have access to the Pushd platform before it opens to the public and will be entitled to the revenue generated by the platform.