Binance Coin (BNB) Shows Bullish Strength, Aims At New ATH: Shiba Inu (SHIB) and NuggetRush (NUGX) Set for Big Gains
Excitement is mounting as NuggetRush approaches its launch, offering a blend of gaming, finance, and social impact.
TLDR:
- Binance Coin continues to show bullish strength, aiming for a new ATH above $700.
- CoinCodex has forecasted a 150% price rally for Shiba Inu by month-end.
- The airdrop of NuggetRush has sparked excitement in the GameFi space.
Binance Coin (BNB) is leading a recovery in the altcoin market. BNB has crossed the $620 resistance as it chases a new all-time high. Meanwhile, two top crypto coins that market analysts have identified as ready for a major increase are Shiba Inu (SHIB) and NuggetRush (NUGX). While SHIB has been forecasted to increase by 150%, NUGX is on track to hit the $1.00 milestone.
Excitement Builds As NuggetRush (NUGX) Inches Towards Launch
NuggetRush (NUGX) is one of the new gaming tokens that has brought massive excitement to the blockchain gaming space. Unlike many blockchain games, NuggetRush is a hybrid GameFi project, blending elements of gaming, finance, NFTs, social impact, and meme culture.
The NuggetRush mining game requires shrewd application of intellect as players are tasked with employing miners, choosing equipment, and mining techniques for unearthing gold, high-value mineral resources and trending NFTs. All the in-game rewards can be converted to cash, gold, or NUGX ERC20 coins, making NuggetRush a very profitable venture.
The NuggetRush team has announced that a percentage of its rewards will be sent to poor artisanal miners in underdeveloped countries. This social impact model quickly caught up in the blockchain ICO phase of NuggetRush, helping the project raise over $3.8 million. NuggetRush also embodies the fundamental element of meme culture, building a closely-knit community.
To give more power to its community, the team will renounce the smart contracts of the game shortly after its launch. While the GameFi space highly anticipates the launch, the NUGX airdrop is less than two weeks ago. While NUGX will be priced at $0.020 upon listing, the projection of a 50x rally makes it a top crypto to invest in today.
Binance Coin (BNB) Shows Bullish Strength, Crosses $620
While most of the crypto market has been in consolidation over the past few weeks, Binance Coin (BNB) has been one of the most bullish altcoins. The price of BNB has increased by 8% on the weekly chart and more than 95% over the last 60 days. The recent rally has pushed the price of Binance Coin above the $620 resistance.
The altcoin price is currently trading above $600 and the 100 simple moving average (4 hours), which is a good sign for BNB. Binance Coin is also forming a crucial bullish trend line on the 4H BNB/USD chart, with support at $587. If this trend forms and there is a clear break above $620, BNB could rally to $700 for a new ATH.
Shiba Inu (SHIB) Set for 150% Rally: CoinCodex
Shiba Inu (SHIB) was one of the most impressive top memecoins in March, notching gains of over 280%. Additionally, there are signs that SHIB could extend its gains over the next few weeks. The social media dominance of Shiba Inu has skyrocketed by 46,339% in just six months, as per data from Luna Crush.
Also, there has been an increase in the accumulation of SHIB. Based on these bullish trends, CoinCodex has forecasted a potential 250% price increase for Shiba Inu before the end of April. While the meme coin currently trades in the $0.00002700 range, CoinCodex has set a price target at $0.00006900 for SHIB.
Closing Thoughts
The cryptocurrency market is predominantly bullish, with Binance Coin, Shiba Inu, and NuggetRush all promising significant returns in April. However, investors looking for the best cryptocurrency to buy in April should consider NUGX, as its innovative GameFi platform prepares for launch.
Visit the NuggetRush Presale Website
Meta Title: BNB Displays Bullish Strength, Aims for New ATH, While Shiba Inu and NuggetRush Set for Big Gains
Meta Description: Binance Coin (BNB) is showing bullish strength and aiming for a new all-time high, while Shiba Inu (SHIB) and NuggetRush (NUGX) are set for big gains in the near future.
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