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TLDR:
- With the halving drawing closer, bitcoin has hit $72,000.
- Altcoin Sherpa has projected a scenario when Shiba Inu will outrun Dogecoin in the near future.
- NuggetRush is supported by investors due to the potential of this token to become one of the 100x tokens of 2024.
The bullish mood in the crypto-space is growing, as the Bitcoin halving is only in a few days. Reacting to the growing optimism, BTC has crossed $72,000 for the first time in almost a month.
In other exciting developments, Altcoin Sherpa has predicted that Shiba Inu could outpace Dogecoin to lead the top memecoins. In addition, there has been a massive interest in NuggetRush, a hybrid new DeFi project with the prospects of disrupting the crypto gaming space.
Bitcoin (BTC) Recovers Above $72k, Prepares for Big Jump
With just days left until Bitcoin’s fourth halving, bullish momentum has returned to the crypto market. From a weekly low of $64,500, Bitcoin has rallied back above the $72,000 resistance. Santiment has spotted a reason for the increasing price, reporting that interest in ETFs has remained very strong.
In addition, the influx of capital into Bitcoin is expected to continue even after the halving. Given the growth trajectory of Bitcoin, Mark Yusko, the CEO of Morgan Creek Capital Management, has projected a significant surge to $150,000 post-halving, making BTC a good crypto to buy now.
NuggetRush (NUGX) To See Huge Gains As It Disrupts Crypto Gaming
NuggetRush (NUGX) is a name that has been sending ripples of excitement through the crypto gaming space. There has been a lot of buzz around NuggetRush because of its innovative gaming platform that merges gold mining, artisanal mining, and NFTs into its play-to-earn game.
This, in turn, creates a gaming ecosystem where players are able to develop mining operations, take part in contests, and win precious rewards and collectibles. In addition, NFT avatars of players are customizable, and if players prefer doing so or wish to have a trending NFT, they can buy it from NuggetRush’s marketplace.
This mix of gaming and real-world benefits makes NuggetRush one of the top DeFi projects that you should watch out for. The project has defined how to help artisanal miners in underprivileged areas. NuggetRush’s move interest in society and drive for philanthropy contributed to making it one of the hottest crypto ICO projects.
In its presale, NuggetRush raised over $3.75 million, selling more than 270 million NUGX tokens in the process. Following its success in presale, NUGX will be airdropped at a listing price of $0.02 in less than three weeks. However, given its prospects in the gaming space, NUGX could hit $1.00 in the bull market, making it one of the best gaming tokens you can buy now.
Shiba Inu (SHIB) To Overtake Dogecoin: Altcoin Sherpa
The rivalry between Shiba Inu (SHIB) and Dogecoin is one of those that has stuck around in the crypto world. In another contrast, while Dogecoin has the benefit of being the first meme coin, crypto analyst Altcoin Sherpa has said that Shiba Inu might soon dethrone Dogecoin as the leading meme coin.
Altcoin Sherpa mentioned that SHIB has the same potential like Dogecoin when it comes to liquidity. Nevertheless, he clarified that Shibarium would grant Shiba Inu the edge over Dogecoin. In 2024, SHIB is also outperforming DOGE by 180% as against DOGE’s 125%.
Closing Thoughts
The halving event sets up Bitcoin for a significant rally over the next few weeks. Also, while some investors believe that Shiba Inu could be the coin to overtake Dogecoin, others are backing NuggetRush, because of the potential transformation it brings to the gaming space.