Near Protocol is one of the top altcoins leading the market recovery, gaining 39% over the last week
While Terra Classic has been range-bound, analysts expect a potential price surge to $0.000633 before the end of Q2.
The recent DEX listing and airdrop could push the new gaming token, NuggetRush, to $0.10.
Analysts have picked the three best altcoins that can produce bullish price movements in the second quarter. The three altcoins include Near Protocol, NuggetRush, and Terra Classic. Let's look at their current price trajectory and the price forecast that analysts have given for them.
While most of the market is following the top names in the crypto space for huge profits, intelligent investors are considering new projects such as NuggetRush (NUGX). NuggetRush's combination of play-to-earn mechanics and NFTs has made it a top pick among smart investors.
This combination enables gamers to relish the mining game in which they can amass riches by winning popular NFTs, game items, and real gold. In addition to these items, there is a staking feature that allows gamers to stake the NFTs they find or win for passive income that will be paid to them each.
This is a good opportunity for those who have been looking for a passive source of income. All they have to do is join the platform and be active. NUGX is one of the best alt tokens to buy this quarter for two main reasons. To start with, it is the access point to the NuggetRush crypto mining platform, one of the fastest-growing GameFi projects.
NUGX is also used to purchase gaming tools and other stuff in the game. The other reason is the optimistic prediction that analysts made for the token this quarter is the successful DEX listing of NUGX on Uniswap at $0.020. They have forecast that the value of NUGX will jump to $0.10 by the end of this quarter. Hence, it is one of the best cryptos to invest in at the moment.
Near Protocol (NEAR) has been one of the top altcoins recovering from the recent crypto crash. In the weekly time frame, the altcoin price has recorded a double-digit rise of 39.8%, which outperforms most of the crypto market.
Near Protocol has increased from a low of $5.23 to a new weekly high of $7.25. Despite this price surge, Near Protocol is still trading 65.5% lower than its all-time high of $20.44 that it hit in January 2022. However, analysts expect NEAR to rally as high as $25 in Q2 2024.
Developments on the Terra Classic (LUNC) have increased in the past few months. Apart from its token burn activities, the Terra team has also launched new updates to the network. Meanwhile, Terra's native token, LUNC, has reacted positively to this news and is currently up 17.1% on the weekly chart.
In recent weeks, the LUNC token has been caught in the $0.00009472-$0.0001171 trading range. With the marketcap being one of the lowest in the market and the growing dedication of the community, analysts have predicted the price of Terra Classic could hit $0.000633 in Q2.
Analysts have identified Near Protocol, NuggetRush, and Terra Classic as the best cryptos to buy for enormous profits this second quarter. The continued surge in the market indicates that the bullish momentum has resumed, and a price surge may happen at any time.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.