Crypto Analyst Ben Armstrong Predicts Cardano To Hit $11, NuggetRush and Dogecoin Bulls Awake

TLDR:

Ben Armstrong, a popular crypto analyst, has supported Cardano by stating a significant price jump could take the altcoin to $11.00 in 2024. As well as ADA, Dogecoin has yielded some positive signals, with a +2.6% gain in 14 days despite the market decline.

In other news, NuggetRush has emerged as one of the best meme coins with utility at its time of launch. This would thus seem to be the best cryptocurrency for those who are looking for a meme coin that offers more than just hype.

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Investors Rush To NuggetRush (NUGX) To Earn Free Tokens, NUGX Up 80%

NuggetRush (NUGX) is a play-to-earn (P2E) gaming token and one of the best meme coins to invest in. Its blockchain game fosters a collaborative community while also providing real-world advantages. This makes it the best DeFi project for gaming enthusiasts.

Unlike many meme-based tokens that rely solely on hype, NuggetRush has actual applications. Users of NuggetRush can enjoy fun games as well as a marketplace where they can sell gaming assets to get extra money.

Because of the game’s ongoing development and expansion, players have a lot of fascinating options, which makes the investment worthwhile. A community-driven P2E game called NuggetRush is being developed. It will have gold-mining rewards in addition to gameplay.

NuggetRush stands out in the market because its innovative reward scheme integrates a range of crypto features. Currently, NuggetRush is in the fifth round of its crypto ICO presale, with NUGX priced at $0.018 after gaining 80%. Between rounds one and five, it sold over 162 million tokens.

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Cardano (ADA) Price Forecast

Cardano (ADA) has recently gained attention from major market analysts such as Ben Armstrong. Armstrong just shared his optimistic outlook for Cardano on his YouTube channel. He set an aim of $11.00.

Meanwhile, Armstrong failed to provide a specific study to support his $11.00 optimistic prediction. Instead, he based it on Ali Martinez’s Cardano prediction.

Martinez expects Cardano to reach $7.00 during the peak of the upcoming bull season. He based his projection on historical patterns and drew connections between the asset’s current market and its movement in late 2020.

Dogecoin (DOGE) Rises 2.6%

Dogecoin (DOGE), the largest meme coin in the meme coin industry, has begun an upward price movement. It has crossed the $0.08 mark, noting a gain of 2.6% on the 14-day price chart.

According to data from CoinMarketCap, Dogecoin price has been moving between $0.07 and $0.09 in the past month. The token is valued between the 50-Day SMA ($0.087475) and 200-Day SMA ($0.072589).

The bullish price movements come amid a recent whale transaction. According to Whale Alert, a whale address moved 166.2 million DOGE tokens ($14 million) from Robinhood to an unknown wallet.

This could signify accumulation, and the whale could expect a price upsurge in the coming weeks.

Conclusion

The recent positive sentiment in the Dogecoin price chart means investors are flocking into the meme coin industry. This is the best time to double down on new meme coins like NuggetRush that will mark their first bull season after launch.

After its launch, analysts have forecasted a 50x price surge for NuggetRush, making it the best crypto investment.

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