- Ethereum’s rally can be linked to the anticipation of spot ETF.
- NuggetRush has been hailed as the next Bonk.
- According to analysts, NuggetRush will rally by 50x in the first three months of its launch.
Investor sentiment post BTC ETF has been on the rise, with attention now shifting to Ethereum ETFs. Although the US SEC has yet to give the green light for spot Ethereum (ETH) ETFs, ETH has been on the rise. Hence, it is among the best cryptos to buy now, driven by speculations of ETF approval.
Meanwhile, another cryptocurrency sharing the spotlight is NuggetRush (NUGX). This emerging P2E memecoin has been tipped to replicate Bonk’s (BONK) staggering growth, positioning it as one of the altcoins to watch. This post will cover its appeal, including why it is the best new crypto to invest in.
NuggetRush (NUGX): The Next Bonk?
NuggetRush (NUGX) is the hottest meme narrative currently, checking off most, if not all, of the boxes. To begin, it is more than just a meme. It stands out thanks to its fascinating blend of memetic features and utility. In addition, its low token supply and features like NFT staking and governance make it one of the best meme coins to invest in.
Its blend of play-to-earn (P2E) and memes will see it combine two of the biggest trends in the crypto space, hence a P2E memecoin. As a P2E token, it will function as the in-game currency. The upcoming game, which will be built around gold mining, promises an exciting gameplay experience and an opportunity to earn valuable assets. Interestingly, collected in-game assets can be traded on the marketplace for cash or gold.
The presale recently entered its fifth round, and a token costs only $0.018. According to experts’ forecasts, it will soar by 50x in the first three months after its launch. Boasting massive upside potential, it is positioned to perform better than Bonk, making it the best new crypto to invest in.
Ethereum (ETH): Momentum Rises
Ethereum (ETH) continues its bull run, making it one of the best-performing tokens among the top altcoins. ETF impact on crypto prices and the potential approval of the first spot Ethereum ETF in the US has been fueling its surge.
While the SEC was expected to give its verdict on Fidelity’s Ethereum ETF application on January 20, it has been shifted to March 5. This has sent ripples through the crypto market; nevertheless, speculators remain optimistic.
In anticipation of its spot ETF, Ethereum has been on the rise. With the token showing no sign of pumping its brakes, it is among the best cryptos to buy now.
Bonk (BONK): The Third Most Popular Memecoin
Bonk (BONK) is currently the third most popular memecoin, behind OGs like Dogecoin and Shiba Inu. Although dog-inspired, it is unique, as it is the first Solana-based memecoin, making it stand out from other dog coins.
The rise of the Solana ecosystem last year saw Bonk become the hottest meme narrative. It skyrocketed, creating several crypto millionaires in the process. Hence, it was one of the biggest highlights of 2023. Will it be able to replicate its previous rally, though?
With 2024 shaping up to be a bull market, Bonk shouldn’t be written off, at least not early into the year. It remains one of the best meme coins to invest in. If you don’t have any in your portfolio, this might be a sign to add some.
Ethereum is creating quite a buzz with its rising momentum, which can be linked to its anticipated ETF approval. Meanwhile, NuggetRush is tipped to follow Bonk’s meteoric rise, making it one of the altcoins to watch. If you wish to participate in its ongoing presale, click the link below.
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