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Optimism, Cardano, and new decentralized marketplace protocol Pushd—currently in its presale stage—are trending upwards and demonstrating solid growth prospects at the beginning of 2024. In particular, Pushd is running a presale for its native token, (PUSHD), which could deliver substantial gains for early participants in 2024. Here’s why Pushd is gaining support from Cardano and Optimism holders.
Optimism (OP) Still Up by 300% Since January 2023
Layer-2 Ethereum scalability solution Optimism currently trades at $3.82 at the end of 2023. Despite price action tailing off for its native token OP, Optimism is still up by an impressive 300% since January 2023. This substantial 3x price increase is indicative of the momentum building behind Optimism, suggesting further growth potential in 2024. Recent price action suggests a strong 2024 for Optimism, as Ethereum continues to grow its ecosystem and maximize its capacity.
Rising Cardano (ADA) TVL Indicating Bullish Year Ahead
Cardano has observed a substantial increase in its Total Value Locked (TVL) figures, indicating a thriving DeFi ecosystem underpinned by its ADA token. Key drivers for Cardano in 2023 were the introduction of Indigo, a native synthetic assets DeFi protocol, Minswap, Cardano’s own decentralized exchange, and Liqwid, a new lending/borrowing DeFi platform. Based on historical trends dating from Cardano’s 2020 performance—at the time of the last Bitcoin h
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Author: Crypto Daily