TLDR:
- Maximilian has given some reasons that could lead to Shiba Inu increasing to $0.000031.
- The growing selling pressure in the crypto market has led to a decrease of 16% in the value of Ethereum Classic.
- Analysts have forecasted the price of NuggetRush to increase up to 50x after its highly-anticipated airdrop and listing.
Top cryptocurrency analyst Maximilian has highlighted some important factors that may push Shiba Inu to $0.000031. In the meantime, the Ethereum Classic price has fallen to 16% in the last week.
This decline has increased the growing selling pressure in the market. However, analysts have forecasted NuggetRush to gain 50x once it gets listed on top exchanges. This potential surge makes NuggetRush the best new crypto to invest in today.
NuggetRush (NUGX) Forecasted To Soar 50x Post-launch
NuggetRush (NUGX) is building an engaging community in a safe virtual world that will offer the best gaming experience. To achieve this, the project will blend gold mining, crypto, and real-world mining. The good news is that this new DeFi project is open to everyone.
This game integrates travel and tactics, rewarding productive players with real glory prices such as gold, cash, and popular NFTs. Thus, NuggetRush is one of the platforms that allows winning in the game to become an actual asset.
Extensive rewards can be won by players who participate in many tournaments, quests, and battles. The good part is that everything is done virtually, and the game can be accessed from anywhere in the world. With this, NuggetRush has become one of the top gaming tokens in the gaming space.
NuggetRush will also team up with gold providers to allow those who win gold to have it physically delivered to them. To win gold, players have to win the coolest NFTs called RUSHGEMS and convert it to gold on NuggetRush’s marketplace. NuggetRush will be listed at $0.020 and is expected to rally 50x after its launch on exchanges.
Analyst Gives Factors That Could Push Shiba Inu (SHIB) To $0.000031
A crypto analyst, Maximilian, has shared some factors that could take the price of Shiba Inu (SHIB) to the $0.000031 region. One of the factors he talked about was the optimism among Shiba Inu bulls. According to him, most of them have held their tokens and refused to sell even with the bear market.
Another factor Maximilian mentioned was the sustained increase in trading volume. With all these factors, the analyst sees SHIB, one of the Ethereum memecoins reaching the $0.000031 level. While the community waits to see SHIB’s next move, the memecoin is trading between $0.0000196 and $0.00002907.
Ethereum Classic (ETC) Drops 16.3%
After enjoying one of the biggest rallies in the first quarter of the year, Ethereum Classic (ETC) has yielded to a major bearish pressure. From a low of $19.20, the altcoin price increased to its yearly high above $38.50, making it one of the best performers.
However, Ethereum Classic, like many other top altcoins, dropped significantly, falling from its yearly high to as low as $20.00 over the weekend. The price chart of Ethereum Classic shows 15.4% losses on the month chart and 16.3% on the week chart. If a turnaround will happen, it will depend on how the market will react after Bitcoin’s halving.
Final Thoughts
With Ethereum Classic under bearish pressure, it becomes ideal for investors to look for other altcoins that may offer attractive returns. Two buzz generating altcoins are Shiba Inu and NuggetRush. According to industry analysts’ predictions, SHIB and NUGX are some of the best altcoins to buy, as they are expected to see considerable gains in the next two weeks.
