TLDR:
- NuggetRush has crossed 140 million tokens sold since the beginning of its presale.
- Crypto Analyst Bitgolder believes Ripple will experience a slow price bleed before dumping to as low as $0.07.
- Shiba Inu token burn continues to surge as investors remain bullish.
A crypto analyst, Bitgolder, has stated that Ripple is about to see a massive price bleed. This news has forced investors to move to more promising coins like NuggetRush (NUGX) and Shiba Inu. As a result, NuggetRush and Shiba have become the best altcoins in the market.
NuggetRush (NUGX) Tokens Sold Skyrockets As Investors Influx Continues
NuggetRush’s (NUGX) current crypto ICO has sold over 142 million NUGX tokens. The NUGX coin is currently worth $0.015 and will be released for $0.020. What’s the big deal with NuggetRush? Let’s find out.
NuggetRush is an entertaining mining adventure game for gamers of all skill levels. Participants in this game endure a tough battle as they try to build thriving mining companies. In the form of NFTs, NuggetRush connects professional entrepreneurs and artisanal miners. These individuals are critical to the success of mining operations.
NuggetRush players can earn rewards in a variety of ways, making it the best cryptocurrency investment. They can take part in competitions and combat, as well as complete objectives. The game has several challenges. They include building mining shafts and tunnels, locating mineral deposits, and deploying appropriate excavation machinery.
Users may also sell resources and in-game treasures on NuggetRush’s marketplace. It is thus one of the top DeFi projects in the DeFi space. NuggetRush is a community-driven initiative that encourages user participation in exchange for higher rewards.
Players in NuggetRush can form mining groups to improve their earnings and mining efficiency. People who own NUGX tokens can get into special parts of the game. They also have control over how the platform is run, showing NuggetRush’s community-centeredness.
Ripple (XRP): Analysts Uncovers Bear Flag
Crypto expert Bitgolder recently gave a bearish Ripple (XRP) analysis on TradingView. Bitgolder pointed to a bear flag, one of the worst on the altcoin’s chart recently.
Bitgolder noted that the volume dip and poor investor interest in the past week caused the flag to form. Despite the community’s optimism, Bitgolder warns investors of a steady Ripple price decline.
Also, he projected a long bleed-out. In addition, the analyst forecasts a further dump that will drop the price to new lows. The analysis chart suggested a drop to $0.39 and then $0.07.
The expert believes the SEC will defeat Ripple in court, causing this dump. According to the expert, the SEC will not give up if it loses the next trial. They will file for another trial.
Shiba Inu (SHIB) Price Sees Little Uptick As Token Burn Pumps 906.27%
Shiba Inu (SHIB), the second-largest meme coin, has sparked a frenzy across the cryptocurrency community. This comes after a sudden spike in the token’s burn rate and its token’s price.
Shibburn, a portal that facilitates SHIB burning insights, revealed that the community burnt a massive 33.88 million SHIB in the last 24 hours. Additionally, Shiba Inu’s burn rate has increased by 906.27% on Tuesday, January 9th.
Meanwhile, the Shiba army has burned 410.69 trillion SHIB from its initial supply to date to increase the meme tokenomics.
Interestingly, their plan might have worked. Shiba Inu has seen a price uptick of 3.4% following the token burn. It is now trading at the $0.00000900 region.
Conclusion
With a potential price drop coming for Ripple, investors have taken flight and are moving to NuggetRush and Shiba Inu. Both altcoins have become hotcakes at the moment.
However, NuggetRush maintains the upper hand, thanks to its utility as a gaming token and meme coin.
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