TLDR:
- Traders have suffered liquidations of over $165 million amidst Bitcoin’s 7% flash crash.
- BOOK OF MEME (BOME) has extended its gains by 15% despite the bear market.
- NuggetRush is also on an uptrend, gaining 100% to hit $0.02.
Bitcoin (BTC) started April with a 7% flash crash, resulting in liquidations of over $165 million. Meanwhile, top memecoins BOOK OF MEME (BOME) and NuggetRush (NUGX) have remained in the bullish end of the market.
What you'll learn 👉
Liquidations Surge Over $165M As Bitcoin (BTC) Crashes
After closing March with gains of more than 18%, Bitcoin (BTC) has suffered a flash crash to begin April. The price of Bitcoin tumbled more than 7%, dropping from over $71,300 to a low of $66,000 in less than five minutes.
As a result of the Bitcoin flash crash, traders suffered liquidations worth over $165 million in leveraged positions wiped out. Bitcoin contributed the biggest portion of the liquidations, with more than $50 million in long positions.
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Show more +Despite the downtrend, crypto analysts are still bullish about Bitcoin, with less than three weeks until the halving event. Rekt Capital, who correctly predicted the downtrend, forecasted a rally. According to his predictions, BTC remains a good crypto to buy and could rise to highs of $75,000 after this pullback.
NuggetRush (NUGX) Exceeds Expectation, Prepares for Major Pump
While the Bitcoin decline has cut across the broader crypto market, NuggetRush (NUGX) has remained one of the most bullish altcoins. Showing resilience to the downtrend, NUGX is up by 100%, with a listing price of $0.020. NuggetRush has been bullish thanks to one of the most successful blockchain ICO events in recent history.
NuggetRush recorded an outstanding presale because of its new approach to GameFi. This new mining game features real artisanal miners who make the game more true to life. Players can assemble a team of expert miners with distinctive skills and personalities as they build their mining operations.
With their teams, players will go in search of gold deposits and other rare NFTs like RUSHGEMs. RUSHGEMs are trending NFTS as they allow holders to swap them for real-world gold. These NFTs can also be staked for an APY as high as 20%.
The profitability NuggetRush offers has made it one of the best cryptos to buy now. The NuggetRush project has raised over $3.75 million ahead of its launch. With just three weeks left before its launch, crypto analysts have predicted gains of up to 50x, making it one of the top altcoins to watch.
BOOK OF MEME (BOME) Extend Gains in the Bearish Market
BOOK OF MEME (BOME) has been one of the top memecoins over the past week. While BTC has been down almost 8% over the last week, BOME has been up by more than 15%, briefly rallying above the $0.018 level.
The BOOK OF MEME token has also formed a price recovery pattern to overcome the pullback. In the event of a breakout, the price of BOME could hit $0.30 in the coming week, making it one of the best altcoins for investors to buy now.
Closing Thoughts
While Bitcoin’s recent flash crash has caused concern among investors, BOME and NuggetRush have emerged as promising investment opportunities. While NUGX has bucked the bearish trend, the launch gives it the potential to lead the crypto market as one of the biggest gainers.
Visit the NuggetRush Presale Website
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