TLDR
- Cardano is seeing a slight price decline, but a rebound appears imminent.
- Dogecoin, the first memecoin, is experiencing a shift in sentiment.
- NuggetRush is primed to skyrocket as a new P2E memecoin.
Following the SEC decision on Bitcoin ETFs earlier in January, the crypto market took a downturn. While there has been a rise in momentum of late, Cardano (ADA) and Dogecoin (DOGE) are still in a tussle with the bears.
Meanwhile, NuggetRush (NUGX), one of the most promising new ICOs, has been soaring in its ongoing presale. Primed for a strong rally after launch, it is hailed as the best new crypto to invest in today.
NuggetRush (NUGX): A Bullish Altcoin Play
NuggetRush (NUGX) has been the talk of the crypto community. Its intriguing combination of memes and utility makes it appealing to investors across the crypto landscape. Hence, its presale selling out comes as no surprise, poised to skyrocket after launch.
It isn’t just another memecoin, as it boasts real-world applications, which will drive its price besides hype. It stands at the crossroads between memes, GameFi, and play-to-earn (P2E). This makes it more than just a meme, but one of the few meme coins with potential.
Hailed as the hottest P2E memecoin, some of its use cases include governance and being the in-game currency within the ecosystem. The upcoming P2E game is set to compete with well-established game-based tokens, as it will feature a novel concept—virtual gold mining.
Players will enjoy a thrilling gameplay experience and earn passive income by going on exciting quests. Collected in-game assets can be traded on the marketplace for real-world valuable items like gold or cash.
In round 5 of the presale, a token costs only $0.018. According to experts’ forecasts, it will experience a 5,500% jump in the first six months after its launch. As one of the most bullish altcoins plays, you can become an early holder by following the link below.
Cardano (ADA): Dip in Momentum
Cardano (ADA) is undoubtedly one of the top altcoins on the market. It is also one of the most popular cryptocurrencies. Barring newbies—which is slim—you would have likely heard of ADA, highlighting its prominence.
The Bitcoin ETF impact on crypto prices was a market downturn, as investors “sold the news” and GBTC dumped its BTC holdings as early investors took profits. Cardano was one of the tokens to suffer selling pressure, experiencing a dip in traction.
With the tussle between the bulls and bears ongoing, analysts are betting on the former. Hence, with a bounce-back imminent, Cardano is one of the best cryptos to buy now. You can ride this anticipated bullish wave by grabbing a bag of ADA now and HODL.
Dogecoin (DOGE): Impending Rally
Dogecoin (DOGE) is the most well-known cryptocurrency in the meme space. It was the pioneering meme coin—an OG. Based on the popular “doge” internet meme and featuring a Shiba Inu on its logo, it started the dog coins trend in the crypto space.
While its leading status isn’t under challenge, the emergence of new memecoins has seen investors largely overlook Dogecoin. The obvious effect of this shift in sentiment is a decline in the price of DOGE.
Further, the dip in the overall crypto market has also contributed to its decline. Nevertheless, a rebound appears to be on the horizon, considering analysts’ bullish forecast. Hence, at its current valuation, Dogecoin is one of the best meme coins to invest in.
Conclusion
Cardano and Dogecoin are going through bearish phases, but a promising altcoin has emerged in NuggetRush. As a top ICO, it has staggering upside potential, making it a good crypto to buy. If you wish to become an early NUGX holder, follow the link below.
