What you'll learn 👉
TLDR:
- The price of Bonk has dropped significantly, losing 10% over the past week.
- 86 million DOGE tokens were moved to Robinhood by a large whale, which made the investors panic.
- NuggetRush is becoming popular in the crypto market, attracting a lot of user attention to its mining game.
In the dynamic crypto market, three top altcoins have attracted a ton of attention for different reasons. On the weekly chart, the bullish momentum of Bonk has weakened. At the same time, investors panicked when a whale transferred 86 million DOGE to Robinhood.
Contrastingly, a novel altcoin named NuggetRush is making headlines in the crypto world and luring a lot of users. The altcoin price has gone up by 90%, making the early investors sweat.
Bonk (BONK) Price Plummets on Weekly Timeframe
Bonk (BONK), the largest meme coin on the Solana blockchain by market cap, has dropped gains in response to the bearish market. The meme coin, which reached a weekly peak of $0.00003604, has dropped to a low of $0.00002835.
This signifies a price drop of 8.7%. Apart from the bearish sentiment, it appears investors’ interest in the meme coin has dwindled as other altcoins take over. Still, Bonk could stage a massive recovery in the coming weeks, given its gains on higher timeframes and its bullish technical indicators.
Its price has increased by a massive 4,633.2% on the yearly price chart and 124.9% on the monthly price chart. Also, it is traded above the 50-Day and 200-Day SMAs as its RSI maintains its position above the 50 mark.
Dogecoin (DOGE) Witnesses Large Whale Transfer
Dogecoin (DOGE), one of the top 10 cryptocurrencies in the market and the father of all meme coins has fallen into the red zone on the weekly chart. Per CoinMarketCap, Dogecoin price has plunged 4.6% on the weekly price chart as it fluctuates between $0.1597 and $0.1873.
This price drop has cast doubts among investors who are awaiting a new ATH of $1.00. The recent price drop could be due to a large whale transfer of 86 million DOGE (worth $14.12 million) reported by Whale Alert.
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Show more +The whale had moved the funds to the Robinhood exchange, signaling a potential sell-off in the coming days. Notwithstanding, Dogecoin’s price is bullish in the monthly and yearly time frames, with gains of 95.4% and 121.6%.
NuggetRush (NUGX) Captures the Interest Of Dogecoin and Bonk Investors
While Bonk and Dogecoin have been on the crypto market for a while, only a few investors benefited from their price rallies. As of now, investors are interested in a new DeFi project, NuggetRush (NUGX).
NuggetRush is making waves in the play-to-earn (P2E) gaming scene with its unique concept, providing a mine game so exciting that the players can get rewarded with a payout. NuggetRush provides an engaging gaming experience with adjustable and trending NFT characters.
This makes it a top DeFi project in the gaming sector. Furthermore, teamwork and equal sharing of the reward are what NuggetRush promotes among players. Now, in the final stage of its cryptocurrency ICO, NuggetRush has already sold more than 233 million of its tokens.
It is currently worth $0.019, a 90% jump from its starting price. At the same time, analysts predict an ROI of 100x for early investors upon launch. This has made Dogecoin and Bonk’s traders fear missing out as they hurry to the NuggetRush presale.
End Note
Analysts forecast the new altcoin NuggetRush to outperform Bonk and Dogecoin in the coming weeks, thanks to its utility. They have forecasted a 100x surge after the end of their cryptocurrency ICO. Unlike Bonk and Dogecoin, NuggetRush is not just a meme coin but a gaming token which makes it the best cryptocurrency to have.
Visit the NuggetRush Presale Website
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