TLDR:
- Shiba Inu’s weekly trading volume soared to $31 billion ahead of Dogecoin’s $23 billion.
- Coq Inu price has increased 56.0% in the past week.
- NuggetRush has raised $3 million in funding and sold over 226,239,103 NUGX tokens.
Driven by the bullish sentiment in the cryptocurrency market, the weekly trading volume of Shiba Inu is $31 billion, with Dogecoin’s $23 billion now being dwarfed. Further, the price of Coq Inu had increased by 56.0% for a week.
Despite their impressive price increases, a new altcoin has been identified that will top them both. NuggetRush has successfully raised $3 million in funding with over 226 million NUGX tokens sold. These milestones make it the best ICO to invest in at the moment.
Shiba Inu (SHIB) Outperform Dogecoin in Trading Volume
A report by Kaiko, a leading provider of cryptocurrency market data, has shown that the weekly trade volume of meme coins soared to a multi-year high of about $80 billion. Shiba Inu (SHIB) emerged as the best-performing meme coin with a $31 billion trading volume.
Dogecoin, on the other hand, had a trading volume of $23 billion. The incredible price growth that Shiba Inu has recorded defines its rise to the leading meme coin by trade volume. For instance, the price of Shiba Inu has risen by nearly 180% since the beginning of March, peaking at $0.00003664.
The increase in market cap and trading volume also came with this price spike. According to CoinMarketCap, Shiba Inu has joined the top 12 cryptos by market cap. If this price surge continues, the meme coin could join the top 10 cryptocurrencies.
Coq Inu (COQ) Price Bullish on All Timeframes
Coq Inu (COQ), a relatively new meme coin, has displayed bullish price movements on the price charts. Data from CoinMarketCap showed that the price of Coq Inu has soared 56.0%, 201.7%, and 271.0% on the weekly, monthly, and yearly price charts.
Coq Inu is outperforming the global crypto market, which is up 9.90%. The meme coin is exchanging hands at the $0.00000357 – $0.000006447 price range, with $0.000006447 being its ATH. In terms of future price movement, Coq Inu faces resistance at $”¯0.000007216 and $”¯0.000008009.
If the memecoin can surpass these resistances, it could soar to a short term target of $0.000008016. Analysts have forecasted a longer price target of $0.00001992 if this bullish momentum continues. At the moment, COQ technical indicators are bullish and support this upward price pump.
NuggetRush (NUGX) To Outperform Shiba Inu
NuggetRush (NUGX) is a project that seeks to outshine Shiba Inu and Coq Inu using its connection to the play-to-earn (P2E) gaming market. The project has quickly gained prominence in the cryptocurrency world with its ongoing cryptocurrency ICO.
The buzz about its upcoming mining game has piqued the interest of investors given the numerous earning opportunities. Players use the coolest NFT characters, which have different abilities and levels of luck, to increase efficiency. Another way involves worker training, upgrading equipment, and teaming up with others.
Now in its launchpad presale round, NuggetRush has already provided early investors a 90% return on their investment. NUGX token is currently at $0.019 and is expected to grow to $0.020, with over 226 million tokens sold with $3 million raised.
The project’s peculiarities and growth prospects make it the best crypto for beginners, who seek the possibility to earn something. Also, analysts have forecasted a 1,000% price increase in the coming months, making it one of the best coins to invest in right now.
Final Words
Just like Shiba Inu and Coq Inu, NuggetRush is also a meme coin. As a result, it can give meteoric price growth, making it a top crypto to buy. However, NuggetRush has an added advantage which is its gaming utility and earning opportunities.
NuggetRush offers NFT stakers as high as 20% APY on their stakes. As a result, analysts have tagged it as the best new crypto to invest in.
